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SIL - ETF AI Analysis
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Global X Silver Miners ETF (SIL)
Rating:65Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the past three months and year-to-date, indicating positive momentum in silver miners.
Leading Holdings Performing Well
Several of the largest positions, including major silver miners and royalty companies, have delivered solid gains so far this year, helping support the fund’s returns.
Meaningful Asset Base
The fund manages a sizable pool of assets, which can help with trading liquidity and reduce the impact of large investor moves.
Negative Factors
High Sector Concentration
With almost all assets in the materials sector, the ETF is heavily tied to the fortunes of mining and commodity markets.
Top Holdings Dominate the Portfolio
A small number of companies make up a large share of the fund, increasing the impact if any of these individual stocks run into trouble.
Relatively High Expense Ratio
The fund’s fee is on the higher side for an ETF, which can gradually eat into long-term returns compared with lower-cost options.
SIL vs. SPDR S&P 500 ETF (SPY)
AUM6.69B
RegionGlobal
Expense Ratio0.65%
Beta0.95
IssuerGlobal X
Inception DateApr 19, 2010
Dividend Yield0.97%
Asset ClassEquity
Index TrackedStuttgart Solactive AG Global Silver Miners (USD)
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume3,577,751
30 Day Avg. Volume4,040,502
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
118.68Price 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) follows the Stuttgart Solactive AG Global Silver Miners Index and invests in companies that mine and produce silver. Most holdings are materials companies, 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 to diversify beyond traditional stocks and bonds. However, this ETF is heavily tied to silver prices and mining stocks, so its value can be very volatile and may go up or down 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 steered by a few big names. Wheaton Precious Metals and Pan American Silver are doing much of the heavy lifting, with both stocks rising steadily and acting as the fund’s anchor. First Majestic and SSR Mining have been standout climbers lately, adding extra spark to returns. On the flip side, Hecla and Fresnillo have been more mixed, occasionally losing steam and trimming some of the upside. Overall, it’s a concentrated bet on the materials sector with globally diversified miners.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Wheaton Precious Metals | 22.37% | $1.51B | $67.18B | 110.58% | 79 Outperform | |
| Pan American Silver | 11.85% | $801.81M | $25.32B | 144.59% | 80 Outperform | |
| Coeur Mining | 7.91% | $535.49M | $14.53B | 311.45% | 69 Neutral | |
| First Majestic Silver | 6.56% | $443.70M | $12.96B | 349.83% | 69 Neutral | |
| FRESNILLO | 5.24% | $354.78M | £26.32B | 340.77% | 76 Outperform | |
| Hecla Mining Company | 5.01% | $339.06M | $13.94B | 283.76% | 74 Outperform | |
| ― | 4.24% | $287.09M | ― | ― | ― | |
| SSR Mining | 4.04% | $273.57M | C$8.66B | 207.29% | 69 Neutral | |
| Compania de Minas Buenaventura SAA | 3.90% | $264.07M | $10.64B | 175.59% | 72 Outperform | |
| OR Royalties | 3.76% | $254.29M | $8.08B | 130.41% | 70 Outperform |
SIL Technical Analysis
Positive
―
Price Trends
99.57
Positive
85.50
Positive
69.59
Positive
Market Momentum
3.05
Positive
47.15
Neutral
27.41
Neutral
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 105.53, equal to the 50-day MA of 99.57, and equal to the 200-day MA of 69.59, indicating a neutral trend. The MACD of 3.05 indicates Positive momentum. The RSI at 47.15 is Neutral, neither overbought nor oversold. The STOCH value of 27.41 is Neutral, 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
102.39
66.43
184.73%
CIBR
First Trust NASDAQ Cybersecurity 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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―
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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.
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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