SIL - ETF AI Analysis

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Global X Silver Miners ETF (SIL)

Rating:61Neutral

Price Target:―

The Global X Silver Miners ETF (SIL) has a solid overall rating, driven by strong contributions from top holdings like Wheaton Precious Metals (WPM) and Pan American Silver (PAAS). WPM stands out due to its robust profitability, strategic growth initiatives, and strong financial performance, while PAAS benefits from impressive revenue growth and improved profitability, despite some valuation concerns. However, weaker holdings like SSR Mining (TSE:SSRM), which faces cash flow challenges and high production costs, may have slightly weighed on the fund's overall rating. A key risk for the ETF is its high concentration in a single sector, which could make it more vulnerable to fluctuations in silver prices.

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)

AUM3.93B

RegionGlobal

Expense Ratio0.65%

Beta0.96

IssuerGlobal X

Inception DateApr 19, 2010

Dividend Yield1.08%

Asset ClassEquity

Index TrackedStuttgart Solactive AG Global Silver Miners (USD)

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume1,540,044

30 Day Avg. Volume2,772,221

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

85.02

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering37

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

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 (SIL) is riding the wave of strong performances from key players like Pan American Silver and Fresnillo, both benefiting from robust financial results and bullish momentum. Wheaton Precious Metals adds steady support, though its high valuation tempers enthusiasm. On the flip side, Coeur Mining and First Majestic Silver are dragging slightly, with operational setbacks and valuation concerns weighing on their outlooks. With a clear focus on the silver mining sector and global exposure, this ETF is a concentrated bet on the dual appeal of silver as both an industrial and precious metal.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
WPM	Wheaton Precious Metals	23.07%	$902.64M	$49.83B	76.56%	79 Outperform
PAAS	Pan American Silver	12.13%	$474.84M	$19.12B	107.87%	80 Outperform
CDE	Coeur Mining	8.02%	$313.80M	$11.09B	167.34%	70 Outperform
HL	Hecla Mining Company	5.47%	$213.96M	$11.27B	204.71%	75 Outperform
FRES	FRESNILLO	5.22%	$204.09M	£19.41B	326.44%	76 Outperform
	―	4.70%	$184.10M	―	―	―
AG	First Majestic Silver	4.60%	$179.94M	$7.41B	149.26%	71 Outperform
OR	Osisko Gold Royalties	4.34%	$169.68M	$6.56B	80.08%	66 Neutral
SSRM	SSR Mining	4.09%	$159.95M	C$6.61B	300.69%	69 Neutral
BVN	Compania de Minas Buenaventura SAA	3.58%	$140.05M	$5.79B	104.79%	72 Outperform

SIL Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

69.36

Positive

100DMA

62.12

Positive

200DMA

51.74

Positive

Market Momentum

MACD

1.10

Negative

RSI

67.80

Neutral

STOCH

89.23

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 67.45, equal to the 50-day MA of 69.36, and equal to the 200-day MA of 51.74, indicating a bullish trend. The MACD of 1.10 indicates Negative momentum. The RSI at 67.80 is Neutral, neither overbought nor oversold. The STOCH value of 89.23 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
SIL	―	―	$3.93B	0.65%	―
IGF	―	―	$8.82B	0.39%	―
BAI	―	―	$7.87B	0.55%	―
COPX	―	―	$3.31B	0.65%	―
SILJ	―	―	$2.81B	0.69%	―
RING	―	―	$2.58B	0.39%	―

Performance Comparison

SIL

Global X Silver Miners ETF

77.66

42.11

118.45%

IGF

iShares Global Infrastructure ETF

―

BAI

iShares A.I. Innovation and Tech Active ETF

―

COPX

Global X Copper Miners ETF

―

SILJ

ETFMG Prime Junior Silver Miners ETF

―

RING

iShares MSCI Global Gold Miners ETF

―

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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