iShares MSCI Global Silver Miners ETF
SLVP - ETF AI Analysis
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iShares MSCI Global Silver Miners ETF (SLVP)
SLVP’s rating reflects a mix of strong, established silver and precious metals miners alongside a few weaker names with financial challenges. Large positions in companies like Newmont, Agnico Eagle, Fresnillo, and Wheaton Precious Metals support the fund’s quality through solid financial performance, efficient operations, and positive growth outlooks, while smaller holdings such as Discovery Silver and Endeavour Silver, which face profitability and cash flow issues, slightly weigh on the overall assessment. The main risk factor is the fund’s concentrated exposure to silver mining, which makes it sensitive to commodity price swings and sector-specific downturns.
SLVP vs. SPDR S&P 500 ETF (SPY)
- AUM
- 791.35M
- Region
- Global
- Expense Ratio
- 0.39%
- Beta
- 1.22
- Issuer
- iShares
- Inception Date
- Jan 31, 2012
- Dividend Yield
- 2.25%
- Asset Class
- Equity
- Index Tracked
- MSCI ACWI Select Silver Miners IMI
SLVP Summary
SLVP is the iShares MSCI Global Silver Miners ETF, a fund that follows the MSCI ACWI Select Silver Miners Index and focuses on companies that mine and produce silver around the world. Its holdings include well-known names like Hecla Mining and Newmont Mining, along with other silver-focused firms in the U.S., Canada, Mexico, and beyond. Someone might invest in SLVP to bet on the long-term demand for silver, both as an industrial metal and a store of value, while getting diversification across many miners. A key risk is that silver prices and mining stocks can be very volatile, so the ETF’s value can swing sharply up or down.
How much will it cost me?
This ETF has an expense ratio of 0.39%, which means you’ll pay about $3.90 per year for every $1,000 you invest. That’s higher than the average low-cost index ETF because it focuses on a specialized sector (silver miners), which typically costs more to manage than broad, plain-vanilla index funds.
What would affect this ETF?
Future performance of SLVP will be heavily influenced by silver prices, which can benefit from growing industrial demand and investor interest in precious metals, especially if economic uncertainty or inflation rises. On the negative side, higher interest rates, weaker global growth, or stricter mining regulations could hurt materials companies like Hecla, First Majestic, and other silver miners in the fund, while its narrow focus on global silver mining makes it more sensitive to sector downturns than a diversified ETF.
SLVP Top 10 Holdings
SLVP is a pure play on global silver miners, and lately the big names at the top have been more dead weight than rocket fuel. Hecla Mining, Industrias Peñoles, First Majestic, and Fresnillo have all been lagging, so when they stumble, the whole fund feels it. On the brighter side, smaller weights like Aya Gold & Silver, Newmont, and Discovery Silver have been rising or at least holding steadier, helping to cushion the blow. With nearly everything tied to materials and precious metals, and exposure spread across North America, Latin America, and Europe, this ETF lives and dies by the mood of the global silver market.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 HL | Hecla Mining Company | 13.36% | $104.08M | $9.60B | -4.40% | 74Outperform |
 MX:PE&OLES | Industrias Penoles SAB de CV | 11.00% | $85.69M | MXN 314.18B | 3.48% | ―― |
 AG | First Majestic Silver | ― | ― | ― | ― | 69Neutral |
 GB:FRES | FRESNILLO | 8.31% | $64.72M | GBP 18.52B | 9.43% | 76Outperform |
 NEM | Newmont Mining | 5.40% | $42.09M | $124.66B | 31.71% | 81Outperform |
 TSE:AYA | Aya Gold & Silver | 5.13% | $39.99M | CAD 5.15B | 130.91% | 66Neutral |
 AEM | Agnico Eagle | ― | ― | ― | ― | 80Outperform |
 DSVSF | Discovery Silver | ― | ― | ― | ― | 48Neutral |
 WPM | Wheaton Precious Metals | ― | ― | ― | ― | 79Outperform |
 EXK | Endeavour Silver | ― | ― | ― | ― | 58Neutral |
SLVP Technical Analysis
Price Trends
Market Momentum
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 31.27 is below the 20-day moving average (MA) of 31.58, below the 50-day MA of 34.83, and below the 200-day MA of 35.93, indicating a bearish trend. The MACD of -0.82 indicates Negative momentum. The RSI at 45.39 is Neutral, neither overbought nor oversold. The STOCH value of 69.57 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
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| SLVP | $31.27 | $30.00(-4.06% Downside) | $791.35M | 0.39% | 59Neutral |
 SGDM | $72.14 | $93.55(29.68% Upside) | $671.49M | 0.46% | 70Outperform |
 MXI | $109.60 | $131.47(19.96% Upside) | $404.53M | 0.37% | 65Neutral |
 COPP | $36.75 | $46.46(26.42% Upside) | $246.78M | 0.66% | 55Neutral |
 GOAU | $42.00 | $55.69(32.60% Upside) | $199.49M | 0.60% | 70Outperform |
 GBUG | $43.83 | $61.14(39.49% Upside) | $171.29M | 0.90% | 62Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SLVP | iShares MSCI Global Silver Miners ETF | 31.27 | 3.97 | 14.55% | |
| SGDM | Sprott Gold Miners ETF | 72.14 | 9.60 | 15.35% | |
| MXI | iShares Global Materials ETF | 109.60 | 19.01 | 20.99% | |
| COPP | Sprott Copper Miners ETF | 36.75 | 8.21 | 28.76% | |
| GOAU | U.S. Global GO GOLD and Precious Metal Miners ETF | 42.00 | 3.23 | 8.33% | |
| GBUG | Sprott Active Gold & Silver Miners ETF | 43.83 | 6.15 | 16.32% |
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.