SLVP - ETF AI Analysis
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iShares MSCI Global Silver Miners ETF (SLVP)
Rating:59Neutral
Price Target:―
Positive Factors
Targeted Silver Miner Exposure
The fund gives focused access to global silver mining companies, which can benefit when silver prices are strong.
Global Diversification Within the Theme
Holdings spread across the U.S., Canada, Mexico, the UK, and Hong Kong help reduce the impact of problems in any single country.
Moderate Expense Ratio
The fund’s fee is reasonable for a specialized, global mining ETF, allowing more of any gains to stay with investors.
Negative Factors
Heavy Concentration in a Few Stocks
The top three holdings make up a large share of the portfolio, so weakness in these companies can strongly affect the fund.
Recent Weak Performance
The ETF has shown negative performance over the year to date and the last three months, signaling recent headwinds for silver miners.
Sector and Commodity Risk
With almost all assets in the materials sector and tied to silver, the fund is highly sensitive to swings in commodity prices and mining industry conditions.
SLVP vs. SPDR S&P 500 ETF (SPY)
AUM979.21M
RegionGlobal
Expense Ratio0.39%
Beta1.19
IssueriShares
Inception DateJan 31, 2012
Dividend Yield1.82%
Asset ClassEquity
Index TrackedMSCI ACWI Select Silver Miners IMI
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume192,746
30 Day Avg. Volume282,126
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
45.77Price 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 companies that mine and produce silver around the world, mainly in the materials sector. Well-known names in the fund include Newmont Mining and Wheaton Precious Metals. Someone might invest in SLVP to get focused exposure to the silver market, which can benefit from both industrial demand and investor interest in precious metals. A key risk is that it is heavily tied to silver prices, so the ETF’s value can rise and fall sharply with swings in the silver and mining markets.
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 essentially a pure play on global silver miners, with nearly all its firepower in the Materials sector and a mix of U.S., Mexican, Canadian, and other international names. Hecla Mining and First Majestic Silver are key engines, both rising recently and helping drive the fund. Aya Gold & Silver and Discovery Silver have been standout climbers, adding extra spark but with some underlying financial questions. Fresnillo has been more mixed, losing steam year-to-date, and slightly dampening returns in an otherwise strong, silver-focused lineup.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Hecla Mining Company | 14.61% | $142.98M | $12.09B | 76.04% | 74 Outperform | |
| Industrias Penoles SAB de CV | 10.85% | $106.14M | $342.52B | 35.11% | ― | |
| First Majestic Silver | 10.57% | $103.38M | $9.03B | 96.08% | 69 Neutral | |
| FRESNILLO | 8.13% | $79.60M | £21.48B | 38.79% | 76 Outperform | |
| Aya Gold & Silver | 4.92% | $48.16M | C$5.39B | 161.92% | 66 Neutral | |
| Wheaton Precious Metals | 4.64% | $45.44M | $66.63B | 45.26% | 79 Outperform | |
| Discovery Silver | 4.63% | $45.33M | $6.50B | 164.95% | 48 Neutral | |
| Newmont Mining | 4.62% | $45.21M | $128.30B | 58.82% | 81 Outperform | |
| Agnico Eagle | 4.51% | $44.16M | $99.58B | 30.44% | 80 Outperform | |
| Endeavour Silver | 4.11% | $40.19M | $2.82B | 64.56% | 58 Neutral |
SLVP Technical Analysis
Positive
―
Price Trends
35.64
Positive
34.92
Positive
36.46
Positive
Market Momentum
0.42
Positive
51.73
Neutral
35.26
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SLVP, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 39.74, equal to the 50-day MA of 35.64, and equal to the 200-day MA of 36.46, indicating a neutral trend. The MACD of 0.42 indicates Positive momentum. The RSI at 51.73 is Neutral, neither overbought nor oversold. The STOCH value of 35.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SLVP.
SLVP Peer Comparison
Comparison Results
Performance Comparison
SLVP
iShares MSCI Global Silver Miners ETF
38.63
12.47
47.67%
SGDM
Sprott Gold Miners ETF
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―
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MXI
iShares Global Materials ETF
―
―
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COPP
Sprott Copper Miners ETF
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―
―
GOAU
U.S. Global GO GOLD and Precious Metal Miners ETF
―
―
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GBUG
Sprott Active Gold & Silver 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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