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Global X Silver Miners ETF (NEW)

SIL
$
Today’s Change
()

Snapshot
*

Inception Date
Apr 19, 2010
Expense Ratio
0.65%
Type
Global Equities
Fund Owner
Global X
Volume (1m avg. daily)
$9,780,994
AUM
$853,753,190
Associated Index
Solactive Global Silver Miners Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

WPM
Wheaton Precious Metals Corp
24.42%
PAAS
Pan American Silver Corp
14.3%
BVN
Compania de Minas Buenaventura S.A. - ADR
6.22%
HL
Hecla Mining Co.
5.8%
010130
Korea Zinc
5.62%
SSRM
SSR Mining Inc
5.54%
PE&OLES
Industrias Penoles S.A.B. DE C.V.
4.99%
AG
First Majestic Silver Corporation
3.97%
FRES
Fresnillo Plc
3.79%
MAG
MAG Silver Corp.
3.12%

What is SIL?

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

1M
3M
6M
YTD
1Y
3Y
Max

SIL
Performance Measures**

for the time period Apr 20, 2010 to Dec 4, 2025

Returns

1M Trailing Return: 22.5%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 26.4%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -83.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 39.8%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.31

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.06

The annualized return divided by the max drawdown for the selected time period.

ETFs related toSIL

ETFs correlated to SIL include JNUG, SILJ, GDXJ

SIL
Global X Funds - Global X Silver Miners ETF
JNUG
Direxion Shares ETF Trust - Direxion Daily Junior Gold Miners Index Bull 2X Shares
SILJ
ETF Managers Group LLC - ETFMG Prime Junior Silver Miners ETF
GDXJ
VanEck ETF Trust - VanEck Junior Gold Miners ETF
GDXU
Bank of Montreal - MicroSectors Gold Miners 3X Leveraged ETN
NUGT
Direxion Shares ETF Trust - Direxion Daily Gold Miners Index Bull 2X Shares
GDX
VanEck ETF Trust - VanEck Gold Miners ETF
RING
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Gold Miners ETF
GLTR
abrdn ETF - abrdn Physical Precious Metals Basket Shares ETF
SLV
BlackRock Institutional Trust Company N.A. - iShares Silver Trust
SIVR
abrdn ETF - abrdn Physical Silver Shares ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toSIL

042 [DNL] Supersonic Starburst Rocket Ship V1.2 RL | PWN IRA

Category

Regime switching, leveraged ETFs, momentum + mean reversion, hedging (Treasuries/dollar/vol), volatility hedges, managed futures (KMLM)

OOS Cumulative Return

67.44%

Pinnacle Evergreen - High Return + Low Max Drawdown

Category

Tactical multi-asset, regime switching, volatility hedging, momentum + mean reversion, inflation-aware, daily rebalanced

OOS Cumulative Return

3.08%

Create your own algorithmic trading strategy with SIL using Composer

FAQ

SIL is a Global Equities ETF. The Global X Silver Miners ETF seeks to provide investment results that correspond generally to the price and yield performance before fees and expenses of the Solactive Global Silver Miners Index.

SIL tracks the Solactive Global Silver Miners Index.

No, SIL is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SIL is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SIL is -0.0365%. This is the percent change in the value of SIL over the most recent 1-month period. The 3-month return on SIL is -0.0472%. This is the percent change in the value of SIL over the most recent 3-month period.

The standard deviation of SIL for the past year is 0.3452%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SIL include IXN, IXJ, and SMH.

ETFs correlated to SIL include JNUG, SILJ, and GDXJ.

ETFs that are inversely correlated to SIL include JDST, GDXD, and DUST.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.