AGMI - ETF AI Analysis
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Themes Silver Miners ETF (AGMI)
Rating:60Neutral
Price Target:―
Positive Factors
Targeted Silver Miner Exposure
The ETF offers focused access to silver mining companies, which can benefit when silver prices strengthen.
Global Diversification Within the Theme
Holdings spread across several countries, including the U.S., Canada, Mexico, the UK, and others, help reduce reliance on any single market.
Moderate Expense Ratio
The fund’s expense ratio is reasonable for a specialized, niche-sector ETF, helping keep ongoing costs in check for investors.
Negative Factors
Recent Weak Performance
The ETF has shown weak performance over the past month, quarter, and year-to-date, which may concern investors looking for near-term gains.
High Sector Concentration
With almost all assets in the materials sector and specifically silver miners, the fund is highly sensitive to swings in commodity and mining stocks.
Top Holdings Under Pressure
Several of the largest positions have been lagging so far this year, which has weighed on the overall fund’s results.
AGMI vs. SPDR S&P 500 ETF (SPY)
AUM14.21M
RegionGlobal
Expense Ratio0.35%
Beta1.27
IssuerThemes
Inception DateMay 03, 2024
Dividend Yield4.4%
Asset ClassEquity
Index TrackedSTOXX Global Silver Mining Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,709
30 Day Avg. Volume1,555
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
89.71Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering32
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
AGMI Summary
Themes Silver Miners ETF (AGMI) is a fund that tracks the STOXX Global Silver Mining Index and focuses on companies that mine and produce silver around the world. It mainly holds materials-sector stocks, including well-known names like Newmont Mining and Wheaton Precious Metals, giving investors a simple way to bet on the demand for silver in electronics, renewable energy, and as a precious metal. Someone might invest for potential growth if silver prices rise and for diversification beyond typical stock market sectors. A key risk is that the ETF’s value can swing sharply with silver prices and the mining industry.
How much will it cost me?The Themes Silver Miners ETF (AGMI) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This cost is slightly higher than average because the fund is actively managed and focuses on a specialized niche in the silver mining sector, requiring more research and management effort.
What would affect this ETF?Themes Silver Miners ETF (AGMI) could benefit from increased demand for silver driven by its use in renewable energy technologies and electronics, as well as its appeal as a store of value during economic uncertainty. However, the ETF may face challenges from fluctuating silver prices, regulatory changes affecting mining operations, or broader economic slowdowns that impact industrial demand for materials. Its global exposure and focus on silver mining companies like Newmont Mining and Fresnillo make it sensitive to both sector-specific trends and global economic conditions.
AGMI Top 10 Holdings
AGMI is essentially a pure play on global silver miners, with performance driven by a handful of heavyweight names. Newmont and Wheaton Precious Metals are the steady anchors, rising on solid earnings and giving the fund a more established feel. On the more adventurous side, Discovery Silver and Aya Gold & Silver have been climbing fast, adding spark but also more volatility as their financials are still a work in progress. Fresnillo has been more mixed, occasionally losing steam, reminding investors that this is a concentrated bet on a single, cyclical materials theme spread across multiple countries.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Newmont Mining | 10.57% | $1.50M | $130.04B | 51.02% | 81 Outperform | |
| Industrias Penoles SAB de CV | 9.13% | $1.30M | $357.12B | 27.28% | ― | |
| FRESNILLO | 8.71% | $1.24M | £22.36B | 35.38% | 76 Outperform | |
| Wheaton Precious Metals | 7.73% | $1.10M | $68.43B | 40.28% | 79 Outperform | |
| Discovery Silver | 7.56% | $1.07M | $7.12B | 157.35% | 48 Neutral | |
| Aya Gold & Silver | 5.43% | $772.00K | C$5.80B | 153.43% | 66 Neutral | |
| First Majestic Silver | 4.32% | $613.73K | $9.93B | 86.82% | 69 Neutral | |
| Endeavour Silver | 4.17% | $592.36K | $3.02B | 51.04% | 58 Neutral | |
| Silvercorp Metals | 3.73% | $529.39K | C$3.69B | 129.17% | 73 Outperform | |
| Pan American Silver | 3.61% | $512.97K | $20.73B | 37.11% | 80 Outperform |
AGMI Technical Analysis
Positive
―
Price Trends
70.07
Positive
68.78
Positive
70.37
Positive
Market Momentum
0.72
Positive
51.46
Neutral
28.66
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For AGMI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 77.36, equal to the 50-day MA of 70.07, and equal to the 200-day MA of 70.37, indicating a neutral trend. The MACD of 0.72 indicates Positive momentum. The RSI at 51.46 is Neutral, neither overbought nor oversold. The STOCH value of 28.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AGMI.
AGMI Peer Comparison
Comparison Results
Performance Comparison
AGMI
Themes Silver Miners ETF
75.24
26.27
53.65%
METL
Sprott Active Metals & Miners ETF
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REXC
Sprott Rare Earths Ex-China ETF
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FMTL
First Trust Indxx Critical Metals ETF
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―
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AUMI
Themes Gold Miners ETF
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COPA
Themes Copper 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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