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SLVP - ETF AI Analysis
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iShares MSCI Global Silver Miners ETF (SLVP)
Rating:59Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Fresnillo and Discovery Silver, have shown 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, providing targeted exposure for investors seeking commodity-related growth.
Reasonable Expense Ratio
The fund's expense ratio is relatively low compared to specialized ETFs, making it cost-effective for investors.
Negative Factors
High Sector Concentration
With over 85% of the portfolio in the materials sector, the ETF is highly exposed to fluctuations in commodity prices and sector-specific risks.
Geographic Overweight in the U.S.
More than half of the fund's assets are concentrated in U.S.-based companies, limiting diversification across global markets.
Recent Performance Volatility
The ETF has experienced short-term underperformance, as seen in its negative one-month return, which may concern investors seeking stability.
SLVP vs. SPDR S&P 500 ETF (SPY)
AUM1.01B
RegionGlobal
Expense Ratio0.39%
Beta0.93
IssueriShares
Inception DateJan 31, 2012
Dividend Yield1.53%
Asset ClassEquity
Index TrackedMSCI ACWI Select Silver Miners IMI
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,040,009
30 Day Avg. Volume635,434
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
36.59Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering30
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SLVP Summary
The iShares MSCI Global Silver Miners ETF (SLVP) is a fund that focuses on companies involved in silver mining around the world. It follows the MSCI ACWI Select Silver Miners Index, which includes businesses that extract and produce silver. Some of its top holdings include well-known companies like Hecla Mining and Fresnillo. This ETF could be a good choice for investors who want to diversify their portfolio with exposure to the silver market, which is influenced by industrial demand and its role as a safe-haven asset. However, new investors should know that the ETF’s performance depends heavily on silver prices, which can be volatile.
How much will it cost me?The iShares MSCI Global Silver Miners ETF (SLVP) has an expense ratio of 0.39%, which means you’ll pay $3.90 per year for every $1,000 invested. This expense ratio is slightly higher than average for ETFs because it is a sector-focused fund, which typically requires more active management to track niche industries like silver mining.
What would affect this ETF?SLVP could benefit from increased demand for silver due to its industrial applications in electronics and renewable energy, as well as its appeal as a safe-haven asset during economic uncertainty. However, the ETF may face challenges from fluctuating silver prices, regulatory changes affecting mining operations, or broader economic slowdowns that impact the materials sector globally.
SLVP Top 10 Holdings
The iShares MSCI Global Silver Miners ETF (SLVP) is heavily concentrated in the silver mining sector, with top holdings like Hecla Mining and Fresnillo driving steady performance thanks to strong financial results and strategic expansions. Discovery Silver stands out with rising momentum, fueled by promising corporate developments, while Endeavour Silver and Wheaton Precious Metals are lagging slightly due to valuation concerns and operational challenges. With a global mix of established players and emerging names, the fund offers targeted exposure to silver miners but remains sensitive to the ups and downs of the precious metals market.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Hecla Mining Company | 17.33% | $175.87M | $15.95B | 339.93% | 74 Outperform | |
| ― | 12.78% | $129.66M | ― | ― | ― | |
| FRESNILLO | 11.34% | $115.07M | £27.75B | 505.07% | 76 Outperform | |
| First Majestic Silver | 6.25% | $63.45M | $9.74B | 251.60% | 69 Neutral | |
| Endeavour Silver | 4.34% | $44.08M | C$4.59B | 215.77% | 58 Neutral | |
| Discovery Silver | 4.18% | $42.39M | C$7.38B | 878.60% | 48 Neutral | |
| Newmont Mining | 3.91% | $39.69M | $124.57B | 175.92% | 81 Outperform | |
| Wheaton Precious Metals | 3.84% | $38.98M | $60.45B | 129.00% | 79 Outperform | |
| Agnico Eagle | 3.65% | $37.03M | C$137.43B | 133.91% | 80 Outperform | |
| Aya Gold & Silver | 3.63% | $36.82M | C$3.43B | 100.66% | 66 Neutral |
SLVP Technical Analysis
Positive
―
Price Trends
31.37
Positive
28.33
Positive
22.48
Positive
Market Momentum
2.11
Negative
72.54
Negative
88.86
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SLVP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 35.72, equal to the 50-day MA of 31.37, and equal to the 200-day MA of 22.48, indicating a bullish trend. The MACD of 2.11 indicates Negative momentum. The RSI at 72.54 is Negative, neither overbought nor oversold. The STOCH value of 88.86 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SLVP.
SLVP Peer Comparison
Comparison Results
Performance Comparison
SLVP
iShares MSCI Global Silver Miners ETF
39.75
27.69
229.60%
SGDM
Sprott Gold Miners ETF
―
―
―
SGDJ
Sprott Junior Gold Miners ETF
―
―
―
MXI
iShares Global Materials ETF
―
―
―
GOAU
U.S. Global GO GOLD and Precious Metal Miners ETF
―
―
―
GBUG
Sprott Active Gold & 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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