SIL ETF Analysis: Silver Miners | NYSE
Equity Precious Metals | NYSE, USA | Market Cap: 4.830m USD | 12M Return: 86.1% | US37954Y8488 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 90.3M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The Global X Silver Miners ETF (SIL) is a passively managed exchange-traded fund that tracks an underlying index composed of global equities in the silver mining industry. The fund commits at least 80% of its total assets to securities within that index, as well as to American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) representing those securities. The use of ADRs and GDRs allows the fund to gain exposure to silver mining companies listed on foreign exchanges, broadening the investable universe beyond U.S.-listed firms. By design, the fund is classified as non-diversified, meaning it may hold a more concentrated portfolio in fewer issuers compared with diversified funds, which can result in higher exposure to individual company risk within the silver mining sector.
Silver mining companies derive revenue primarily from the extraction and sale of silver ore, often as a byproduct of lead, zinc, copper, or gold mining operations. As a result, the performance of silver miners is closely tied to global silver prices and influenced by industrial demand, particularly from sectors such as electronics, solar energy, and photography, alongside investment demand for the metal.
- Silver prices rally on industrial demand and safe haven buying
- Mining output rises in Mexico and Peru boosting producer revenues
- Silver miner margins compress as energy and labor costs climb
As of August 21, 2026, the stock is trading at USD 97.46 with a total of 2,861,913 shares traded. Over the past week, the price has changed by +9.90%, over one month by +36.48%, over three months by +8.95% and over the past year by +86.05%.
Current recommended Stop Loss: 89.30 (which is 8.4% or 2.2 ATR below the current price).
Silver Miners has no consensus analysts rating.