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SLVP - ETF AI Analysis
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iShares MSCI Global Silver Miners ETF (SLVP)
Rating:57Neutral
Price Target:
$27.00
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)
AUM530.50M
RegionGlobal
Expense Ratio0.39%
Beta0.78
IssueriShares
Inception DateJan 31, 2012
Dividend Yield0.49%
Asset ClassEquity
Index TrackedMSCI ACWI Select Silver Miners IMI
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume360,406
30 Day Avg. Volume415,928
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
30.55Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering31
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 global exposure to both established players and emerging names. Discovery Silver is shining brightest, with strong momentum and promising corporate developments driving optimism, while Fresnillo and Hecla Mining are steady performers, benefiting from robust cash flow and operational efficiency. However, Endeavour Silver is lagging, weighed down by profitability challenges and unattractive valuations. With its focus on silver miners, the fund’s performance hinges on the industrial and investment demand for silver, making it a niche but potentially rewarding play.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 13.63% | $71.75M | ― | ― | ― | |
| Hecla Mining Company | 12.32% | $64.86M | $8.02B | 125.08% | 70 Neutral | |
| FRESNILLO | 10.12% | $53.27M | £16.01B | 213.84% | 72 Outperform | |
| Newmont Mining | 6.46% | $34.01M | $86.10B | 80.76% | 81 Outperform | |
| First Majestic Silver | 5.47% | $28.81M | $5.64B | 61.24% | 65 Neutral | |
| Endeavour Silver | 5.12% | $26.96M | $2.17B | 52.50% | 56 Neutral | |
| Discovery Silver | 4.80% | $25.26M | C$4.12B | 481.99% | 48 Neutral | |
| Agnico Eagle | 4.45% | $23.44M | $78.27B | 86.69% | 80 Outperform | |
| Kinross Gold | 4.10% | $21.57M | $27.36B | 122.36% | 72 Outperform | |
| Silvercorp Metals | 3.99% | $21.02M | C$1.88B | 38.06% | 68 Neutral |
SLVP Technical Analysis
Neutral
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Price Trends
26.10
Negative
22.40
Positive
18.59
Positive
Market Momentum
-0.30
Positive
45.16
Neutral
15.42
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SLVP, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 27.14, equal to the 50-day MA of 26.10, and equal to the 200-day MA of 18.59, indicating a neutral trend. The MACD of -0.30 indicates Positive momentum. The RSI at 45.16 is Neutral, neither overbought nor oversold. The STOCH value of 15.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SLVP.
SLVP Peer Comparison
Comparison Results
Performance Comparison
SLVP
iShares MSCI Global Silver Miners ETF
25.48
12.06
89.87%
SGDM
Sprott Gold Miners ETF
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SGDJ
Sprott Junior Gold Miners ETF
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MXI
iShares Global Materials ETF
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GOAU
U.S. Global GO GOLD and Precious Metal Miners ETF
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SLX
VanEck Steel 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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