SIL - ETF AI Analysis
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Global X Silver Miners ETF (SIL)
Rating:63Neutral
Price Target:―
Positive Factors
Targeted Silver Exposure
The ETF focuses on silver mining companies, giving investors a direct way to benefit if silver prices strengthen over time.
Global Reach in Mining Regions
Holdings across the U.S., Canada, Mexico, the UK, and Australia provide exposure to several key silver-producing markets rather than just one country.
Improving Performance in Select Holdings
A few of the top positions have shown strong recent gains, which can help offset weakness in other stocks within the fund.
Negative Factors
Recent Weak Performance
The fund’s returns over the past month, three months, and year to date have been negative, indicating recent struggles in silver mining stocks.
High Concentration in a Single Sector
Almost all assets are in the materials sector, so the ETF is heavily exposed to swings in commodity and mining markets.
Relatively High Expense Ratio
The fund charges a higher annual fee than many broad market ETFs, which can slightly reduce long-term returns for investors.
SIL vs. SPDR S&P 500 ETF (SPY)
AUM5.32B
RegionGlobal
Expense Ratio0.65%
Beta1.31
IssuerGlobal X
Inception DateApr 19, 2010
Dividend Yield1.02%
Asset ClassEquity
Index TrackedStuttgart Solactive AG Global Silver Miners (USD)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,604,286
30 Day Avg. Volume1,323,741
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
113.27Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering38
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SIL Summary
The Global X Silver Miners ETF (SIL) is a fund that follows the Stuttgart Solactive AG Global Silver Miners Index, focusing on companies that mine and produce silver. Most of its holdings are materials companies from the U.S. and Canada, including well-known names like Wheaton Precious Metals and Pan American Silver. Investors might consider SIL if they want exposure to silver, which is used both in industry and as a precious metal, and to diversify beyond regular stocks. However, this ETF is heavily tied to silver prices and mining stocks, so its value can rise and fall sharply.
How much will it cost me?The Global X Silver Miners ETF (SIL) has an expense ratio of 0.65%, meaning you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because it is an actively managed fund focused on a niche sector like silver mining, which requires more specialized research and management. It’s important to consider whether the potential returns from this sector justify the higher cost.
What would affect this ETF?The Global X Silver Miners ETF (SIL) could benefit from increased demand for silver in renewable energy technologies and industrial applications, as well as its appeal as a hedge during economic uncertainty. However, it may face challenges from fluctuating silver prices, higher interest rates that reduce the attractiveness of precious metals, and potential regulatory changes affecting mining operations globally.
SIL Top 10 Holdings
SIL is essentially a pure play on global silver miners, with performance heavily shaped by a few big names. Wheaton Precious Metals sits in the driver’s seat but has been lagging lately, while Pan American Silver and Coeur Mining are also losing steam and adding pressure. Fresnillo and Osisko Royalties have been particularly weak, acting like a weight on the fund. Offsetting some of that drag, Buenaventura has been a rare bright spot. Overall, this is a globally diversified basket, but tightly concentrated in the materials sector and the fortunes of a handful of silver-focused names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Wheaton Precious Metals | 23.26% | $1.21B | $68.31B | 65.09% | 79 Outperform | |
| Coeur Mining | 11.43% | $594.33M | $21.70B | 73.74% | 69 Neutral | |
| Pan American Silver | 11.25% | $585.21M | $21.56B | 62.59% | 80 Outperform | |
| Hecla Mining Company | 5.18% | $269.49M | $13.99B | 162.61% | 74 Outperform | |
| First Majestic Silver | 4.77% | $248.31M | $10.45B | 134.33% | 69 Neutral | |
| Industrias Penoles SAB de CV | 4.43% | $230.55M | $351.62B | 74.33% | ― | |
| FRESNILLO | 4.17% | $216.72M | £23.34B | 93.80% | 76 Outperform | |
| SSR Mining | 4.09% | $212.70M | $7.51B | 120.75% | ― | |
| OR Royalties | 3.75% | $195.25M | $6.59B | 16.91% | 70 Outperform | |
| Compania de Minas Buenaventura SAA | 3.61% | $187.57M | $8.10B | 87.97% | 72 Outperform |
SIL Technical Analysis
Positive
―
Price Trends
80.83
Positive
86.40
Positive
87.70
Positive
Market Momentum
4.83
Negative
72.16
Negative
90.95
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SIL, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 85.22, equal to the 50-day MA of 80.83, and equal to the 200-day MA of 87.70, indicating a bullish trend. The MACD of 4.83 indicates Negative momentum. The RSI at 72.16 is Negative, neither overbought nor oversold. The STOCH value of 90.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SIL.
SIL Peer Comparison
Comparison Results
Performance Comparison
SIL
Global X Silver Miners ETF
99.55
45.23
83.27%
COPX
Global X Copper Miners ETF
―
―
―
SILJ
ETFMG Prime Junior Silver Miners ETF
―
―
―
RING
iShares MSCI Global Gold Miners ETF
―
―
―
PICK
iShares MSCI Global Metals & Mining Producers ETF
―
―
―
SLVP
iShares MSCI Global Silver Miners ETF
―
―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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