SILJ - ETF AI Analysis
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ETFMG Prime Junior Silver Miners ETF (SILJ)
Rating:60Neutral
Price Target:―
Positive Factors
Growing Asset Base
The fund manages a large pool of assets, which suggests solid investor interest and better stability compared with very small niche ETFs.
Strong Performance From Several Key Holdings
Some of the top positions, such as Aya Gold & Silver, SSR Mining, and Compania de Minas Buenaventura, have shown strong gains, helping support the fund despite broader weakness.
Diversified Across Multiple Countries
Holdings spread across the U.S., Canada, and several other countries reduce the risk of being tied to the economic or regulatory conditions of just one market.
Negative Factors
Recent Weak Overall Performance
The ETF has shown weak returns over the past month, three months, and year to date, indicating it has struggled in the current market environment.
Heavy Concentration in Materials Sector
With almost all assets in the materials sector and junior silver miners, the fund is highly sensitive to swings in precious metal prices and mining industry conditions.
Relatively High Expense Ratio
The fund’s fee is on the higher side for an ETF, which means more of the returns are eaten up by costs over time.
SILJ vs. SPDR S&P 500 ETF (SPY)
AUM4.18B
RegionGlobal
Expense Ratio0.69%
Beta1.50
IssuerAmplify
Inception DateNov 28, 2012
Dividend Yield1.74%
Asset ClassEquity
Index TrackedNasdaq Junior Silver Miners Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume4,706,568
30 Day Avg. Volume4,274,629
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
38.83Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering62
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SILJ Summary
SILJ is the ETFMG Prime Junior Silver Miners ETF, which tracks the Nasdaq Junior Silver Miners Index. It invests mainly in smaller silver mining companies that explore and produce silver, giving you focused exposure to the silver industry. Some of its top holdings include First Majestic Silver and Hecla Mining Company. An investor might choose SILJ if they believe silver prices will rise over time and want a way to potentially benefit from that growth while adding commodities exposure to their portfolio. However, this ETF can be very volatile and may go up or down sharply with silver prices.
How much will it cost me?The ETFMG Prime Junior Silver Miners ETF (SILJ) has an expense ratio of 0.69%, meaning you’ll pay $6.90 per year for every $1,000 invested. This is higher than average because it’s actively managed and focuses on a niche sector, junior silver miners, which requires more specialized research and management.
What would affect this ETF?SILJ could benefit from rising silver prices driven by increased industrial demand, especially in green technologies like solar panels and electric vehicles, which rely on silver. However, the ETF may face challenges from fluctuating silver prices due to global economic uncertainty or changes in mining regulations in key regions. Additionally, its focus on smaller, junior mining companies could lead to higher volatility compared to larger, more established miners.
SILJ Top 10 Holdings
SILJ is a pure play on junior silver miners, and its story right now is one of a few bright spots fighting against broad sector weakness. Aya Gold & Silver has been a rare winner, giving the fund a lift with rising momentum, while Buenaventura and SSR Mining have been relatively steady to improving. On the other side, heavyweights Hecla and First Majestic are losing steam, and Hycroft Mining has been outright dragging performance. With a global mix of miners but a tight focus on the materials sector and silver, this ETF lives and dies by sentiment toward precious metals.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Hecla Mining Company | 10.51% | $438.04M | $13.99B | 162.61% | 74 Outperform | |
| First Majestic Silver | 9.76% | $406.53M | $10.45B | 134.33% | 69 Neutral | |
| SSR Mining | 4.97% | $207.30M | $7.51B | 120.75% | ― | |
| Wheaton Precious Metals | 4.79% | $199.61M | $68.31B | 65.09% | 79 Outperform | |
| Endeavour Silver | 4.68% | $194.89M | $3.25B | 84.70% | 58 Neutral | |
| KGHM Polska Miedz SA | 4.53% | $188.66M | zł66.49B | 172.64% | 71 Outperform | |
| Boliden AB | 4.52% | $188.15M | kr153.31B | 72.89% | 72 Outperform | |
| Compania de Minas Buenaventura SAA | 4.34% | $180.76M | $8.10B | 87.97% | 72 Outperform | |
| Hycroft Mining Holding | 4.22% | $175.93M | $2.44B | 536.94% | 31 Underperform | |
| Aya Gold & Silver | 3.80% | $158.14M | C$5.34B | 195.88% | 66 Neutral |
SILJ Technical Analysis
Positive
―
Price Trends
26.76
Positive
28.54
Positive
29.21
Positive
Market Momentum
1.46
Negative
68.47
Neutral
87.77
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SILJ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 28.00, equal to the 50-day MA of 26.76, and equal to the 200-day MA of 29.21, indicating a bullish trend. The MACD of 1.46 indicates Negative momentum. The RSI at 68.47 is Neutral, neither overbought nor oversold. The STOCH value of 87.77 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SILJ.
SILJ Peer Comparison
Comparison Results
Performance Comparison
SILJ
ETFMG Prime Junior Silver Miners ETF
31.93
15.07
89.38%
COPX
Global X Copper Miners ETF
―
―
―
SIL
Global X 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
―
―
―
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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