SIL


Silver Miners ETF

Reasons to Consider SIL

Targeted Exposure

SIL is a targeted play on silver mining.

Appeal of Silver

Historically, investors have turned to silver as a potential store of value. It also has a range of industrial uses, particularly in electronics.

ETF Efficiency

In a single trade, SIL delivers efficient access to a basket of companies involved in the mining of silver.

Key Information As of 03/01/24

Inception Date 04/19/10
Total Expense Ratio 0.65%
Net Assets $754.37 million
NAV $23.69

ETF Summary

The Global X Silver Miners ETF (SIL) provides investors access to a broad range of silver mining companies.

ETF Objective

The Global X Silver Miners ETF (SIL) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Silver Miners Total Return Index.

Trading Details As of 03/01/24

Ticker SIL
B3 Trading Code BSIL39
Bloomberg Index Ticker SOLGLOSI
CUSIP 37954Y848
ISIN US37954Y8488
Primary Exchange NYSE Arca
Shares Outstanding 31,837,318
Number of Holdings 32
30-Day Median Bid-Ask Spread 0.13%

Distributions As of 03/01/24

30-Day SEC Yield 0.71%
Distribution Frequency Semi-Annually

ETF Prices As of 03/01/24

NAV $23.69 Daily Change $0.61 2.64%
Market Price $23.76 Daily Change $0.66 2.86%

Performance History

Cumulative Returns (as of 02/29/24)
1 Month 6 Months YTD 12 Months 24 Months Since Inception Inception Date
Return SIL -9.49% -12.57% -19.05% -12.97% -32.00% -39.06% 04/19/10
Returns (as of 02/29/24)
Return SIL Return Index
Since Inception -39.06% -35.42%
12 Months -24.43% -23.99%
24 Months -36.45% -35.88%
Last 60 Trading Days -17.93% -17.53%
Last 75 Trading Days -2.74% -2.14%
Monthly Returns (through 02/29/24)
Return SIL Return Index
Mar 2024 0.00% 0.00%
Feb 2024 -9.49% -9.33%
Jan 2024 -10.55% -10.26%
Dec 2023 3.41% 3.38%
Nov 2023 15.08% 15.29%
Oct 2023 0.43% 0.51%
Sep 2023 -9.62% -9.70%
Aug 2023 -4.62% -4.57%
Jul 2023 7.18% 6.90%
Jun 2023 -3.83% -3.68%
May 2023 -9.44% -9.53%
Apr 2023 -2.92% -2.84%
Mar 2023 15.14% 15.19%
Feb 2023 -11.87% -12.30%
Jan 2023 7.57% 7.85%
Dec 2022 -1.00% -0.72%
Nov 2022 14.27% 14.67%
Oct 2022 3.16% 3.27%
Sep 2022 3.41% 3.85%
Aug 2022 -11.26% -11.29%
Jul 2022 1.55% 0.66%
Jun 2022 -13.10% -12.71%
May 2022 -7.89% -8.41%
Apr 2022 -11.50% -11.18%
Mar 2022 6.99% 4.35%

Total returns take into account management, administration and fees and other costs automatically deducted from the fund's assets. Before investing, you may read the prospectus in the “FEES AND EXPENSES” section for more details.

NAV & Index Chart

Top Holdings As of 03/01/24

Net Assets (%) Ticker Name Country SEDOL Market Price ($) Shares Held Market Value ($)
23.06 WPM WHEATON PRECIOUS United States BDG1S92 41.97 4,145,228 173,975,219.16
12.98 PAAS PAN AMERICAN SILVER CORP United States 2703396 12.89 7,597,054 97,926,026.06
9.01 BVN BUENAVENTURA-ADR United States 2210476 15.12 4,495,872 67,977,584.64
7.41 010130 KS KOREA ZINC CO LTD Republic Of Korea 6495428 336.06 166,420 55,927,418.14
5.49 PE&OLES* MM INDUSTRIAS PENOL Mexico 2448200 12.79 3,237,142 41,404,884.09
4.26 HL HECLA MINING CO United States 2418601 3.71 8,656,408 32,115,273.68
4.16 FR CN FIRST MAJESTIC S Canada 2833583 4.73 6,642,197 31,415,962.20
3.48 FRES LN FRESNILLO PLC United Kingdom B2QPKJ1 5.87 4,477,721 26,266,879.10
3.14 CDE COEUR MINING INC United States 2208136 2.71 8,746,172 23,702,126.12
2.78 FVI CN FORTUNA SILVER MINES INC Canada 2383033 2.91 7,203,872 20,943,188.11
2.69 TFPM CN TRIPLE FLAG PRECIOUS MET Canada BJ171P4 12.88 1,576,013 20,292,511.97
2.67 MAG CN MAG SILVER CORP Canada 2581332 8.66 2,330,264 20,168,970.09
2.54 AYA CN AYA GOLD & SILVER INC Canada BK94091 7.38 2,594,990 19,147,684.93
2.45 SIL CN SILVERCREST METALS INC Canada BYVY3D2 5.21 3,549,833 18,492,396.96
2.09 ADT AU ADRIATIC METALS PLC-CDI Australia BD215T5 2.14 7,364,200 15,780,188.02
1.53 SSRM SSR MINING INC United States BF7MQ72 4.26 2,711,200 11,549,712.00
1.40 SVM CN SILVERCORP METALS INC Canada 2784261 2.49 4,245,508 10,556,990.93
1.22 HOC LN HOCHSCHILD MINING PLC United Kingdom B1FW502 1.20 7,649,006 9,194,680.12
1.05 EXK ENDEAVOUR SILVER CORP United States B018TM7 1.67 4,750,984 7,934,143.28
0.98 GATO GATOS SILVER INC United States BN44WZ7 6.39 1,153,626 7,371,670.14
0.89 MUX MCEWEN MINING INC United States BQGD8H7 6.85 984,409 6,743,201.65
0.81 GGD CN GOGOLD RESOURCES INC Canada B60BNP0 0.80 7,582,385 6,098,357.98
0.69 VZLA CN VIZSLA SILVER CORP Canada BM8VBZ0 1.12 4,640,009 5,204,068.39
0.59 KCN AU KINGSGATE CONSOL Australia 6492731 0.79 5,599,194 4,426,124.65
0.59 PRYM CN PRIME MINING CORP Canada BKTTMM3 1.64 2,699,035 4,421,219.48
0.47 DSV CN DISCOVERY SILVER CORP Canada BND9899 0.48 7,450,809 3,573,529.50
0.39 SVL AU SILVER MINES LTD Australia B1HMJH5 0.09 31,959,153 2,923,048.70
0.32 ABRA CN ABRASILVER RESOURCE CORP Canada BMYS155 0.22 11,132,384 2,423,208.47
0.27 NUAG CN NEW PACIFIC METALS CORP Canada BMW5909 1.01 2,030,284 2,052,380.80
0.25 DV CN DOLLY VARDEN SILVER LTD Canada BYPYQH3 0.54 3,498,523 1,884,465.44
0.15 OTHER PAYABLE & RECEIVABLES United States 1.00 1,155,632 1,155,632.17
0.12 GSVR CN GUANAJUATO SILVER CO LTD Canada BMDM727 0.11 7,791,834 891,152.39
0.07 GORO GOLD RESOURCE CORP United States B1DZ912 0.26 2,019,643 524,905.22
0.00 MEXICAN PESO United States 0.06 52,920 3,111.93
0.00 PERUVIAN NEW SOL United States 0.27 32 8.57
0.00 KOREAN WON United States 0.00 2 0.00
-0.01 CASH United States 1.00 -98,231 -98,230.83
Holdings are subject to change. "Cash" denotes U.S. dollars.

Sector Breakdown As of 01/31/24

Sector Weight (%)
Materials 99.7
Energy 0.3

Source: AltaVista Research, LLC

Country Breakdown As of 01/31/24

Country Weight (%)
Canada 62.4
United States 8.9
Peru 8.5
South Korea 7.3
Britain 7.0
Mexico 5.0
Australia 1.0

Source: AltaVista Research, LLC

ETF Characteristics As of 02/29/24

Return on Equity 6.00%
Weighted Avg. Market Cap 6,931 M
2023 2024
Price-to-earnings 42.66 19.42
Price-to-book value 1.18 1.14

Source: AltaVista Research, LLC

ETF Risk Stats As of 01/31/24

Versus Beta
S&P 500 0.96
MSCI EAFE 1.16
MSCI Emg. Mkts 0.92
Standard Deviation 30.40%

Source: AltaVista Research, LLC

TERMS OF USE

Global X Brasil Gestora de Investimentos Ltda. (“Global X Brasil”) is an asset manager authorized by the Brazilian Securities and Exchange Commission (“CVM”), constituted in the form of CVM Resolution No. 21/2021. Investing involves risks. The material on this site is for informational purposes only and does not constitute investment advice, recommendation, offer or solicitation to buy or sell any securities, funds, or strategies to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be illegal under the securities laws of such jurisdiction. Opinions expressed here are subject to change without notice. Reliance upon the information contained in this material is at the sole discretion of the reader. No securities regulator has confirmed the accuracy of any information contained herein. Access to the information on this site or the use of the services or information provided herein is prohibited by any person or entity in any jurisdiction or country where such distribution or use is contrary to local law, rules, or regulation. Investment in index funds (ETFs) involves risks, including detachment from the benchmark index and related to the liquidity of shares in the secondary market. Investment funds managed by Global X Brasil use strategies that can result in significant equity losses for their quota holders. Global X Brasil, its partners and employees are exempt of responsibility for any damages resulting directly or indirectly from the use of the information contained on this website.

FOR EVALUATION OF THE PERFORMANCE OF AN INVESTMENT FUND, IT IS RECOMMENDED THE ANALYSIS OF AT LEAST 12 (TWELVE) MONTHS. INVESTMENT FUNDS DO NOT HAVE A GUARANTEE FROM THE ADMINISTRATOR, THE MANAGER, ANY INSURANCE MECHANISM OR CREDIT GUARANTEE FUND – FGC. INVESTMENTS IN FINANCIAL AND CAPITAL MARKETS ARE SUBJECT TO RISKS OF LOSS GREATER THAN THE TOTAL VALUE OF INVESTED CAPITAL. PAST PROFITABILITY DOES NOT REPRESENT A GUARANTEE OF FUTURE PROFITABILITY THE PROFITABILITY DISCLOSED IS NOT NET OF TAXES. READ THE PROSPECTUS, THE FORM OF COMPLEMENTARY INFORMATION, SHEET OF ESSENTIAL INFORMATION AND THE REGULATION BEFORE INVESTING. DESCRIPTION OF THE ANBIMA TYPE AVAILABLE IN THE FORM OF COMPLEMENTARY INFORMATION.

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