SIL - ETF AI Analysis
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Global X Silver Miners ETF (SIL)
Rating:66Neutral
Price Target:―
Positive Factors
Strong Recent Year-to-Date Performance
The ETF has delivered strong gains so far this year, helped by the recent strength in silver-related stocks.
Leading Holdings Showing Solid Momentum
Several of the largest positions, including Wheaton Precious Metals and First Majestic Silver, have posted strong year-to-date performance, supporting the fund’s overall returns.
Global Exposure Within Silver Miners
While most holdings are in the U.S. and Canada, the fund also includes companies from the UK and Australia, adding some geographic diversification within the silver mining space.
Negative Factors
High Concentration in Top Holdings
A large share of the fund is invested in just a few companies, which increases the impact that any one stock’s performance can have on the ETF.
Heavy Focus on Materials Sector
With almost all assets in the materials sector, the ETF is highly sensitive to swings in commodity and mining markets rather than being broadly diversified across industries.
Relatively High Expense Ratio
The fund charges a higher fee than many broad-market ETFs, which can modestly reduce net returns over time for long-term investors.
SIL vs. SPDR S&P 500 ETF (SPY)
AUM4.18B
RegionGlobal
Expense Ratio0.65%
Beta1.31
IssuerGlobal X
Inception DateApr 19, 2010
Dividend Yield1.37%
Asset ClassEquity
Index TrackedStuttgart Solactive AG Global Silver Miners (USD)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,080,853
30 Day Avg. Volume1,634,039
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
109.17Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering39
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 in the U.S. and Canada, including well-known names like Wheaton Precious Metals and Pan American Silver. Investors might consider SIL if they want targeted exposure to silver, which is used both in industry and as a precious metal, and as a way to diversify beyond regular stocks and bonds. A key risk is that it can be very volatile and may rise or fall sharply with silver prices.
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 steered by a few big names. Wheaton Precious Metals sits in the driver’s seat, but its recently lagging share price has taken some shine off the fund. Pan American Silver and Coeur Mining are also soft, adding to the drag, while Hecla and Fresnillo have been losing steam as well. On the brighter side, SSR Mining and Buenaventura are rising and helping balance the picture, but overall this is a concentrated bet on a volatile, materials-heavy, globally diversified silver story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Wheaton Precious Metals | 21.76% | $952.49M | $53.78B | 32.89% | 79 Outperform | |
| Pan American Silver | 12.34% | $540.11M | $20.14B | 54.51% | 80 Outperform | |
| Coeur Mining | 11.25% | $492.67M | $17.83B | 81.45% | 69 Neutral | |
| Hecla Mining Company | 4.92% | $215.31M | $10.95B | 178.35% | 74 Outperform | |
| First Majestic Silver | 4.87% | $213.27M | $8.94B | 105.88% | 69 Neutral | |
| ― | 4.59% | $201.07M | ― | ― | ― | |
| FRESNILLO | 4.56% | $199.75M | £21.53B | 83.67% | 76 Outperform | |
| SSR Mining | 4.23% | $184.99M | C$9.03B | 149.51% | 69 Neutral | |
| OR Royalties | 4.02% | $175.86M | $5.96B | 13.06% | 70 Outperform | |
| Compania de Minas Buenaventura SAA | 3.77% | $164.87M | $8.74B | 78.13% | 72 Outperform |
SIL Technical Analysis
Negative
―
Price Trends
86.40
Negative
91.91
Negative
85.81
Negative
Market Momentum
-2.88
Positive
37.38
Neutral
38.20
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SIL, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 79.62, equal to the 50-day MA of 86.40, and equal to the 200-day MA of 85.81, indicating a bearish trend. The MACD of -2.88 indicates Positive momentum. The RSI at 37.38 is Neutral, neither overbought nor oversold. The STOCH value of 38.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SIL.
SIL Peer Comparison
Comparison Results
Performance Comparison
SIL
Global X Silver Miners ETF
74.02
25.50
52.56%
IXN
iShares Global Tech 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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―
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RING
iShares MSCI Global Gold Miners ETF
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―
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PICK
iShares MSCI Global Metals & Mining Producers 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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