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SIL - AI Analysis
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Global X Silver Miners ETF (SIL)
Rating:64Neutral
Price Target:
$72.00
Positive Factors
Strong Top Holdings
Several key holdings, such as Fresnillo and SSR Mining, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Focused Sector Exposure
The ETF’s heavy allocation to the materials sector aligns well with its silver mining theme, benefiting from sector-specific growth.
Global Diversification
While primarily focused on the U.S., the ETF includes exposure to Canada, the UK, and Australia, adding geographic diversity.
Negative Factors
High Sector Concentration
Nearly 90% of the ETF is allocated to the materials sector, leaving it vulnerable to downturns in commodity prices.
Moderate Expense Ratio
The ETF’s expense ratio of 0.65% is higher than some other passive funds, potentially reducing net returns for investors.
Weak Short-Term Performance
The ETF has seen negative returns over the past month, indicating recent volatility in silver mining stocks.
SIL vs. SPDR S&P 500 ETF (SPY)
AUM3.64B
RegionGlobal
Expense Ratio0.65%
Beta0.79
IssuerGlobal X
Inception DateApr 19, 2010
Dividend Yield1.24%
Asset ClassEquity
Index TrackedStuttgart Solactive AG Global Silver Miners (USD)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,499,630
30 Day Avg. Volume2,504,183
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
79.32Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering39
SIL Summary
The Global X Silver Miners ETF (SIL) is an investment fund that focuses on companies involved in silver mining. It tracks the Stuttgart Solactive AG Global Silver Miners Index, which includes businesses primarily extracting and producing silver. Some well-known companies in this ETF are Wheaton Precious Metals and Pan American Silver. Investors might consider SIL for diversification or to benefit from silver’s dual role as a precious metal and industrial material. However, it’s important to know that the ETF’s performance can be volatile, as it depends heavily on silver prices and the mining sector.
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
The Global X Silver Miners ETF is shining brightly thanks to strong performances from names like Coeur Mining and Hecla Mining, which are riding a wave of rising production and bullish sentiment. Fresnillo also stands out with robust cash flow and operational efficiency, adding momentum to the fund. However, Wheaton Precious Metals is losing some luster, with valuation concerns and mixed technical indicators holding it back. With nearly all holdings concentrated in the silver mining sector and a global footprint, this ETF offers a focused play on silver’s industrial and investment appeal.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Wheaton Precious Metals | 16.71% | $581.34M | $44.54B | 48.57% | 71 Outperform | |
| Pan American Silver | 11.97% | $416.40M | $15.01B | 51.77% | 79 Outperform | |
| Coeur Mining | 9.14% | $318.10M | $11.37B | 174.84% | 74 Outperform | |
| Hecla Mining Company | 6.57% | $228.60M | $8.64B | 98.77% | 70 Outperform | |
| ― | 5.98% | $207.87M | ― | ― | ― | |
| First Majestic Silver | 5.69% | $198.02M | $6.37B | 76.42% | 70 Outperform | |
| Osisko Gold Royalties | 5.63% | $195.83M | $6.14B | 61.95% | 66 Neutral | |
| FRESNILLO | 5.44% | $189.25M | £16.57B | 210.21% | 72 Outperform | |
| SSR Mining | 4.62% | $160.61M | C$6.51B | 271.64% | 66 Neutral | |
| Compania de Minas Buenaventura SAA | 3.75% | $130.54M | $5.73B | 74.04% | 77 Outperform |
SIL Technical Analysis
Neutral
―
Price Trends
66.91
Negative
58.46
Positive
48.61
Positive
Market Momentum
-0.39
Positive
44.75
Neutral
36.12
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SIL, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 70.97, equal to the 50-day MA of 66.91, and equal to the 200-day MA of 48.61, indicating a neutral trend. The MACD of -0.39 indicates Positive momentum. The RSI at 44.75 is Neutral, neither overbought nor oversold. The STOCH value of 36.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SIL.
SIL Peer Comparison
Comparison Results
Performance Comparison
SIL
Global X Silver Miners ETF
66.56
29.40
79.12%
IGF
iShares Global Infrastructure ETF
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ARKK
Ark Innovation Etf
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COPX
Global X Copper Miners ETF
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SILJ
ETFMG Prime Junior Silver Miners ETF
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RING
iShares MSCI Global Gold 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.
Disclaimer
This 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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