SLVP - ETF AI Analysis
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iShares MSCI Global Silver Miners ETF (SLVP)
Rating:61Neutral
Price Target:―
Positive Factors
Strong Recent Year-to-Date Performance
The ETF has delivered solid gains so far this year, showing positive momentum for investors who have held it recently.
Several Strong-Performing Top Holdings
Many of the largest positions, including major silver and precious metals miners, have shown strong year-to-date performance, helping support the fund’s overall returns.
Global Exposure Within North America Focus
While the fund is heavily invested in U.S. and Canadian miners, it also includes companies from the UK, Hong Kong, and Australia, adding some international diversification.
Negative Factors
High Concentration in Materials Sector
With the vast majority of assets in the materials sector, the ETF is highly sensitive to swings in commodity and mining company prices.
Short-Term Performance Volatility
The fund’s recent three-month performance has been weak, suggesting that returns can be quite volatile over shorter periods.
Moderately High Expense Ratio
The ETF’s fee is on the higher side for a passive fund, which slightly reduces the net return investors keep over time.
SLVP vs. SPDR S&P 500 ETF (SPY)
AUM791.03M
RegionGlobal
Expense Ratio0.39%
Beta1.31
IssueriShares
Inception DateJan 31, 2012
Dividend Yield2.27%
Asset ClassEquity
Index TrackedMSCI ACWI Select Silver Miners IMI
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume262,532
30 Day Avg. Volume370,193
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
44.88Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering34
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SLVP Summary
SLVP is the iShares MSCI Global Silver Miners ETF, which follows the MSCI ACWI Select Silver Miners Index. It invests in silver mining companies around the world, mainly in the materials sector. Well-known holdings include Hecla Mining and Newmont Mining. Someone might invest in SLVP if they want targeted exposure to the silver market, which can benefit from both industrial demand and interest in precious metals. However, this ETF is heavily tied to silver prices and mining stocks, so its value can go up and down sharply.
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
SLVP is tightly hitched to the fortunes of global silver miners, with a heavy tilt toward a few big names. Hecla Mining and First Majestic Silver have been losing steam lately, acting as a headwind for the fund, while Fresnillo and Agnico Eagle have also been lagging, adding to the drag. Offsetting some of that pressure, Aya Gold & Silver and Silvercorp Metals have been rising, giving the portfolio a bit of spark. Although the fund is globally diversified, it’s still very much a one-theme story: silver-focused materials stocks drive the show.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Hecla Mining Company | 13.89% | $119.62M | $10.95B | 178.35% | 74 Outperform | |
| ― | 10.61% | $91.33M | ― | ― | ― | |
| First Majestic Silver | 10.14% | $87.33M | $8.94B | 105.88% | 69 Neutral | |
| FRESNILLO | 9.03% | $77.73M | £21.53B | 83.67% | 76 Outperform | |
| Discovery Silver | 5.07% | $43.63M | $5.68B | 198.65% | 48 Neutral | |
| Aya Gold & Silver | 4.86% | $41.88M | C$4.20B | 122.19% | 66 Neutral | |
| Newmont Mining | 4.45% | $38.34M | $103.60B | 65.01% | 81 Outperform | |
| Agnico Eagle | 4.34% | $37.35M | $80.31B | 29.44% | 80 Outperform | |
| Wheaton Precious Metals | 4.15% | $35.75M | $53.78B | 32.89% | 79 Outperform | |
| Endeavour Silver | 4.05% | $34.85M | $2.61B | 65.70% | 58 Neutral |
SLVP Technical Analysis
Negative
―
Price Trends
34.11
Negative
36.29
Negative
34.29
Negative
Market Momentum
-0.93
Negative
44.33
Neutral
40.26
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SLVP, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 31.73, equal to the 50-day MA of 34.11, and equal to the 200-day MA of 34.29, indicating a bearish trend. The MACD of -0.93 indicates Negative momentum. The RSI at 44.33 is Neutral, neither overbought nor oversold. The STOCH value of 40.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SLVP.
SLVP Peer Comparison
Comparison Results
Performance Comparison
SLVP
iShares MSCI Global Silver Miners ETF
30.91
12.62
69.00%
SGDM
Sprott Gold Miners ETF
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―
―
MXI
iShares Global Materials ETF
―
―
―
COPP
Sprott Copper Miners ETF
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―
―
SLX
VanEck Steel ETF
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―
―
GOAU
U.S. Global GO GOLD and Precious Metal 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.
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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