Global X Silver Miners ETF Investing Guide and FAQs

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The Global X Silver Miners ETF is a popular investment option for those looking to tap into the silver mining industry. The ETF tracks the performance of the Solactive Global Silver Miners Index.

The fund is designed to provide investors with a diversified portfolio of silver mining companies from around the world. It offers a unique way to invest in the silver mining industry without having to purchase individual stocks.

The ETF has a relatively low expense ratio of 0.65%, making it an attractive option for investors.

Fund Information

The Global X Silver Miners ETF is a great investment option for those looking to tap into the silver mining industry.

This ETF tracks the Solactive Global Silver Miners Index, which is designed to provide diversified exposure to the global silver mining industry.

The fund holds a basket of 20-30 silver mining companies from around the world, offering a broad range of investment opportunities.

The top holdings in the fund include companies like Pan American Silver, Hecla Mining, and Coeur Mining, which are all well-established players in the industry.

The fund has a total expense ratio of 0.65%, making it a relatively low-cost option for investors.

Performance and History

Credit: youtube.com, Global X Silver Miners ETF (SIL) | Cycle Analysis and Projections

The Global X Silver Miners ETF has a performance record that's worth taking a look at. Over the current year, the fund has seen a decline of -0.34%.

Its performance since inception is a more significant concern, with a loss of -14.00%. This suggests that the fund has struggled to maintain its value over the long term.

In terms of highs and lows, the fund has reached a high of 42.12% in the past year, but has also experienced a maximum loss of -19.05%. This volatility is a key consideration for investors.

Here are some key performance metrics for the fund:

The fund's risk-adjusted returns have also been a concern, with a risk-adjusted return of -9.35% over the past 10 years. This suggests that the fund's returns have been significantly affected by its volatility.

Performance

The performance of an investment is a crucial aspect to consider. The current year's performance is a -0.34% decline.

Old mining structures on a rugged mountain slope, showcasing industrial decay.
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Over the long term, the performance since inception has been a -14.00% decline. This is a significant drop, and it's essential to consider the overall trend.

The high point for the past year was 42.12%, which is a substantial increase. However, it's essential to remember that this is not a consistent performance.

The maximum loss for the past year was -19.05%, which is a significant drop. This highlights the importance of risk management in investing.

Here's a breakdown of the performance metrics:

The performance metrics paint a mixed picture, with some positive and negative trends. It's essential to consider these metrics in the context of the overall investment strategy.

ETF Historical Prices

ETF Historical Prices are a crucial aspect of evaluating performance and history.

The first exchange-traded fund (ETF) was launched in 1993, and since then, the industry has grown exponentially.

Historical prices for ETFs can be accessed through various online platforms, including Yahoo Finance and Google Finance.

Credit: youtube.com, Historical Performance Analysis for Stock / ETF/ Index

The first ETF, the SPDR S&P 500 ETF (SPY), was listed on the American Stock Exchange in 1993 and has since become one of the most popular and widely traded ETFs.

Price data for ETFs can be used to calculate historical returns, which can help investors assess the performance of an investment over time.

Chart and Prices

The Global X Silver Miners ETF offers a convenient way to invest in a basket of silver mining companies.

The fund tracks the Solactive Global Silver Miners Index, which includes 30 silver mining companies from around the world.

Its expense ratio is 0.65%, which is relatively low compared to other ETFs in the market.

The ETF has over $1.5 billion in assets under management, making it a liquid investment option.

Investors can buy and sell shares of the ETF through most online brokerages, making it easily accessible to individual investors.

The fund's holdings are diversified across various silver mining companies, including Hecla Mining Company, Pan American Silver Corporation, and Coeur Mining, Inc.

Investment Analysis

Credit: youtube.com, Silver Trading Global X Silver Miners ETF (SIL) Technical Analysis

Global X Silver Miners has been recommended as a Top Pick by a stock expert, but we don't know who or when.

The stock has received attention from analysts in the last year, with 1 analyst publishing opinions about SIL-N.

Only 1 analyst has recommended buying the stock, while no analysts have suggested selling it.

Is a Good Investment?

Global X Silver Miners has been recommended as a Top Pick by someone, but we don't know who, on an unspecified date.

The stock experts' signals suggest that Global X Silver Miners is a good investment, as indicated by a high Stockchase rating.

Only one stock analyst on Stockchase covered Global X Silver Miners in the last year, but it's still worth watching as a trending stock.

A high Stockchase rating means that experts mostly recommend buying the stock, which is a good sign for potential investors.

Why Is the Stock Falling?

Investment Analysis often involves understanding why a stock's price is fluctuating. Earnings reports can have a significant impact on a stock's price.

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Recent company news can also cause a stock's price to drop. This is often due to unexpected announcements or changes in the company's direction.

Poor earnings reports can lead to a stock's price decline, making it a good time to reassess your investment strategy. Stock experts' recommendations can provide valuable insights to help you decide if you should buy, sell, or hold the stock.

A sudden drop in a stock's price can be unsettling, but it's essential to stay calm and do your research. Earnings reports and company news are often the primary causes of stock price fluctuations.

Frequently Asked Questions

In the last year, 1 stock analyst published opinions about a particular investment, recommending to BUY the stock.

Most analysts are optimistic about the investment, with a clear majority recommending to buy.

1 stock analyst has published opinions about the investment, and their latest recommendation is available to read.

The majority of analysts have a positive view of the investment, with only a few recommending to sell.

Silver Stock Symbol Explained

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Global X Silver Miners is a US stock trading under the symbol SIL-N on the NYSE Arca.

You can also refer to it as AMEX:SIL or SIL-N, which are alternative ways to identify this stock.

The NYSE Arca is the exchange where SIL-N is listed, and it's a well-established platform for trading stocks.

SIL-N is a unique identifier for the Global X Silver Miners stock, making it easy to track and invest in.

It's worth noting that SIL-N is a specific symbol for this particular stock, and you won't find it on other exchanges or platforms.

Objective and Description

The Global X Silver Miners ETF aims to provide investment results that match the price and yield performance of the Solactive Global Silver Miners Total Return Index, before fees and expenses. This means the fund seeks to track the performance of the underlying index.

The fund invests at least 80% of its assets in the securities of the underlying index, including American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index.

Credit: youtube.com, SIL Global X Silver Miners Market Review

The Solactive Global Silver Miners Total Return Index measures the broad-based equity market performance of global companies involved in the silver mining industry. This index is designed to provide a comprehensive view of the silver mining industry.

Here are some key facts about the Global X Silver Miners ETF:

Frequently Asked Questions

What is the best silver ETF?

There isn't a single "best" silver ETF, as the best option depends on individual investment goals and risk tolerance. However, popular choices among investors include the Global X Silver Miners ETF (SIL) and the iShares MSCI Global Silver and Metals Miners ETF (SLVP).

What companies are in Sil?

The top companies in the Sil portfolio include Wheaton Precious Metals Corp. (22.19%), Pan American Silver Corp. (13.07%), and Korea Zinc Company, Ltd. (11.91%). These companies are key players in the precious metals and mining industry.

Tasha Kautzer

Senior Writer

Tasha Kautzer is a versatile and accomplished writer with a diverse portfolio of articles. With a keen eye for detail and a passion for storytelling, she has successfully covered a wide range of topics, from the lives of notable individuals to the achievements of esteemed institutions. Her work spans the globe, delving into the realms of Norwegian billionaires, the Royal Norwegian Naval Academy, and the experiences of Norwegian emigrants to the United States.

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