SIL - ETF AI Analysis
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Global X Silver Miners ETF (SIL)
SIL, the Global X Silver Miners ETF, earns a solid overall rating largely because its biggest positions in Wheaton Precious Metals and Pan American Silver are financially strong, show growth potential, and benefit from positive earnings and strategic investments. Several other holdings like Hecla Mining and Fresnillo also support the rating with good performance and expansion plans, though valuation concerns and operational challenges at some companies slightly weigh on the fund. The main risk is that the ETF is heavily concentrated in a small group of silver-focused miners, so sector swings and company-specific issues can have a big impact on returns.
SIL vs. SPDR S&P 500 ETF (SPY)
- AUM
- 4.10B
- Region
- Global
- Expense Ratio
- 0.65%
- Beta
- 1.19
- Issuer
- Global X
- Inception Date
- Apr 19, 2010
- Dividend Yield
- 1.34%
- Asset Class
- Equity
- Index Tracked
- Stuttgart Solactive AG Global Silver Miners (USD)
SIL Summary
The Global X Silver Miners ETF (SIL) is a fund that follows the Stuttgart Solactive AG Global Silver Miners Index, focusing on companies that mine and produce silver. Most of its holdings are materials companies from the U.S. and Canada, including well-known names like Wheaton Precious Metals and Pan American Silver. Investors might consider SIL if they want exposure to silver, which is used both in industry and as a precious metal, and to diversify beyond regular stocks. However, this ETF is heavily tied to silver prices and mining stocks, so its value can rise and fall sharply.
How much will it cost me?
This ETF has an expense ratio of 0.65%, which means you’ll pay about $6.50 per year for every $1,000 invested. That’s higher than the average stock ETF because it focuses on a specialized sector (silver miners) and is more actively managed to track a niche index.
What would affect this ETF?
This global silver miners ETF could benefit if demand for silver rises due to growth in renewable energy, electronics, and investor interest in precious metals, especially if interest rates fall or inflation concerns increase, supporting companies like Wheaton Precious Metals and Pan American Silver. On the downside, it is highly sensitive to silver prices, so weaker economic conditions, higher interest rates, stricter mining regulations, or operational issues at major holdings across different countries could hurt performance.
SIL Top 10 Holdings
SIL is essentially a pure play on global silver miners, with performance heavily steered by a few big names. Wheaton Precious Metals, the fund’s anchor holding, has been rising over the past few months and helps offset recent weakness. Coeur Mining and First Majestic Silver are more mixed, with earlier gains now losing some steam. Pan American Silver and Hecla Mining have been lagging, acting as a brake on returns. With a tight focus on the materials sector and holdings spread across North America, Latin America, and the UK, this ETF lives and dies by the swings in silver mining stocks.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 WPM | Wheaton Precious Metals | ― | ― | ― | ― | 79Outperform |
 PAAS | Pan American Silver | ― | ― | ― | ― | 80Outperform |
 CDE | Coeur Mining | 9.72% | $399.12M | $15.55B | -26.87% | 69Neutral |
 MX:PE&OLES | Industrias Penoles SAB de CV | 4.88% | $200.45M | MXN 349.72B | 12.24% | ―― |
 HL | Hecla Mining Company | 4.50% | $184.53M | $10.17B | 8.62% | 74Outperform |
 OR | OR Royalties | ― | ― | ― | ― | 70Outperform |
 AG | First Majestic Silver | ― | ― | ― | ― | 69Neutral |
 SSRM | SSR Mining | 4.28% | $175.70M | $6.38B | 30.07% | ―― |
 GB:FRES | FRESNILLO | 4.12% | $168.93M | GBP 19.82B | 18.37% | 76Outperform |
 BVN | Compania de Minas Buenaventura SAA | 3.80% | $156.09M | $7.59B | 24.41% | 72Outperform |
SIL Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SIL, the sentiment is Negative. The current price of 75.99 is below the 20-day moving average (MA) of 84.34, below the 50-day MA of 91.33, and below the 200-day MA of 91.05, indicating a bearish trend. The MACD of -3.14 indicates Positive momentum. The RSI at 30.10 is Neutral, neither overbought nor oversold. The STOCH value of 23.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SIL.
SIL Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| SIL | $75.99 | $93.00(22.38% Upside) | $4.10B | 0.65% | 63Neutral |
 IXN | $136.12 | $192.39(41.34% Upside) | $9.34B | 0.37% | 66Neutral |
 COPX | $73.13 | $102.84(40.62% Upside) | $6.69B | 0.65% | 69Neutral |
 SILJ | $23.65 | $40.16(69.79% Upside) | $3.29B | 0.69% | 61Neutral |
 RING | $71.42 | $100.20(40.29% Upside) | $2.31B | 0.39% | 64Neutral |
 PICK | $55.07 | $76.25(38.46% Upside) | $2.30B | 0.39% | 57Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SIL | Global X Silver Miners ETF | 75.99 | 9.17 | 13.73% | |
| IXN | iShares Global Tech ETF | 136.12 | 29.63 | 27.83% | |
| COPX | Global X Copper Miners ETF | 73.13 | 13.87 | 23.40% | |
| SILJ | ETFMG Prime Junior Silver Miners ETF | 23.65 | 1.23 | 5.50% | |
| RING | iShares MSCI Global Gold Miners ETF | 71.42 | 9.76 | 15.84% | |
| PICK | iShares MSCI Global Metals & Mining Producers ETF | 55.07 | 10.17 | 22.66% |
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.