SIL - Global X Silver Miners ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
33.84
-0.85 (-2.45%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close34.69
Open34.89
Bid33.01 x 1300
Ask35.00 x 900
Day's Range32.94 - 33.94
52 Week Range16.00 - 37.68
Volume628,020
Avg. Volume485,610
Net Assets612.3M
NAV33.95
PE Ratio (TTM)N/A
Yield1.41%
YTD Daily Total Return2.85%
Beta (5Y Monthly)1.03
Expense Ratio (net)0.66%
Inception Date2010-04-19
  • Investopedia

    Silver ETFs Shine Amid Rising Industrial Demand

    Silver prices surged last month amid increasing industrial demand and growing safe-haven appeal. Trade the metal using these ETFs.

  • Silver Mining ETF (SIL) Hits New 52-Week High
    Zacks

    Silver Mining ETF (SIL) Hits New 52-Week High

    This silver mining ETF hits a new 52-week high. Are more gains in store for this ETF?

  • Top Silver Stocks for Q2 2020
    Investopedia

    Top Silver Stocks for Q2 2020

    Silver stocks are driven by the metal's use in a wide range of industrial processes along with its traditional role, like gold, as a safe haven asset. Silver stocks, which are primarily mining companies, also are driven by the yield on bank CDs or Treasury bonds. All the silver companies in this report are headquartered in Canada and their primary trading venue is the Toronto Stock Exchange, but they also trade on U.S. exchanges.

  • Why Pan American Silver Corp May Continue to Outperform
    GuruFocus.com

    Why Pan American Silver Corp May Continue to Outperform

    The gold and silver miner has traded higher thanks to a stronger profile Continue reading...

  • Silver ETFs Rocked Last Year; Why Charts Look Appealing Right Now
    Investor's Business Daily

    Silver ETFs Rocked Last Year; Why Charts Look Appealing Right Now

    Silver miners just finished their best year since 2016, breaking a long slump. Now, with two silver funds in IBD's ETF Leaders screen, is it still a good time to invest in the industry? Charts suggest an opportunity is emerging.

  • 4 Sector ETFs That Beat the Market in Q4
    Zacks

    4 Sector ETFs That Beat the Market in Q4

    While Wall Street is surging this quarter, these sector ETFs offered even better performances to beat the market.

  • ETF Trends

    Precious Metals ETFs Strengthen on a Cautious Outlook Ahead

    Precious metals-related exchange traded funds were leading the charge on Monday, with gold prices touching their highest level in six weeks as investors looked to the record rally in the equity markets ...

  • ETF Trends

    This Mining ETF Is Easily Topping its Underlying Metal

    Silver has been a solid performer in the commodities complex this year, but the real story is silver miners. For example, the Global X Silvers Miners ETF (SIL) is higher by almost 25% this year. SIL, the largest silver miner-related ETF, tries to mirror the Solactive Global Silver Miners Total Return Index, which is also comprised of global silver miners.

  • GlobeNewswire

    SilverCrest Announces C$80 Million Bought Deal Financing

    SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) led by National Bank Financial Inc., Desjardins Capital Markets and Scotiabank, pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 11,000,000 common shares of the Company (“Shares”) at a price of C$7.28 per Share for aggregate gross proceeds to the Company of C$80,080,000 million (the “Offering”). The Underwriters have been granted an option (the “Over-Allotment Option”), exercisable in whole or in part, at any time within 30 days following the closing of the Offering, to purchase from the Company up to an additional 15% of the Shares offered under the Offering.

  • ETF Trends

    These Precious Silver ETFs Can Shine On

    Among precious metals ETFs, gold ETFs are getting plenty of positive attention this year and rightfully so, but the iShares Silver Trust (SLV)  and the  Aberdeen Standard Physical Silver Shares ETF (SIVR), two of the largest ETFs backed by holdings of physical silver, are up nearly 15% and could be poised for more upside. Silver is believed by many investors to be inversely correlated with interest rates. Silver prices are down almost 10% from the September highs, but some commodities market observers believe that could be a buying opportunity.

  • 5 Wining Global ETF Areas of Q3
    Zacks

    5 Wining Global ETF Areas of Q3

    These global ETF areas have delivered better returns in Q3 than the key U.S. indexes.

  • Why Silver ETFs are Outshining Gold
    Zacks

    Why Silver ETFs are Outshining Gold

    Silver is regarded as a store of wealth and an alternative investment to risky assets during economic and political uncertainty.

  • ETF Trends

    Safe-Haven Demand Bolsters Silver ETFs

    Silver ETFs shined on Tuesday as a round of risk-off selling sent investors to the relative safety of precious metals. Among the best performing non-leveraged ETFs of Tuesday, the ETFMG Junior Silver Miners ...

  • 5 Top Stocks of the Top ETF of August
    Zacks

    5 Top Stocks of the Top ETF of August

    Inside the five best-performing stocks of the top ETF of August.

  • ETF Trends

    Why Shining Silver ETFs Can Keep Soaring

    The  iShares Silver Trust (SLV)  and the  Aberdeen Standard Physical Silver Shares ETF (SIVR), two of the largest ETFs backed by holdings of physical silver, are in rally mode. Legendary commodities trader Jim Rogers, chairman of Rogers Holdings, also sees opportunity in silver as the precious metal is better priced than gold, but levels are not yet sufficiently low enough. Silver is believed by many investors to be inversely correlated with interest rates.

  • InvestorPlace

    5 Silver ETFs That Will Keep Shining

    After rallying at the start of the year, silver stocks and silver and exchange-traded funds (ETFs) spent months giving back those gains and badly lagging competing gold products. Historically, silver prices are strongly correlated with gold, so when bullion moves higher, expectations are in place that the white metal will follow suit. It took awhile for silver ETFs to get their respective acts together, but it happened.After putting in a bottom in June, the iShares Silver Trust (NYSEARCA:SLV), the largest ETF backed by physical holdings of silver, surged more than 11% just this month to reside near its highest levels in several years.While silver ETFs are more volatile than their gold counterpart, the two precious metals are often bolstered by the same factors, including geopolitical tensions, lower interest rates, investors' desire for safe-haven assets and a weaker dollar, among other factors.InvestorPlace - Stock Market News, Stock Advice & Trading TipsGold and silver ETFs share another trait: miners tend to overshoot price action in those metals, both to the downside and the upside. That explains why investors that keep track of such things have been seeing so many silver ETFs on the 52-week high lists in recent weeks. * 15 Growth Stocks to Buy for the Long Haul Indeed, the white metal has rallied in epic fashion over the past two months, but these silver ETFs could have more upside in store for investors, particularly if the dollar declines. Silver ETFs to Buy: ETFMG Prime Junior Silver ETF (SILJ)Expense Ratio: 0.69% per year, or $69 annually per $10,000 investedThe ETFMG Prime Junior Silver ETF (NYSEARCA:SILJ) has been around for nearly seven years, making it one of the original silver ETFs dedicated to small-cap miners. While the combination of miners and small-cap stocks might suggest that SILJ is not a suitable alternative for conservative investors, with this silver ETF up nearly 23% this month, it's hard to knock it when silver prices are rising.SILJ holds 32 stocks "seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Prime Junior Silver Miners & Explorers Index," according to ETFMG.Canadian miners account for over two-thirds of SILJ's weight while U.S.-based silver producers check in at almost 17%. There is some emerging markets exposure (almost 16%) because Peru and Brazil are major silver producers. Global X Silver Miners ETF (SIL)Expense Ratio: 0.65%Home to nearly $450 million in assets under management, the Global X Silver Miners ETF (NYSEARCA:SIL) is one of the largest silver miners ETFs. When the white metal surges, this silver ETF is a high-fly act in its own right as highlighted by its month-to-date gain of almost 13%.A world awash with negative interest rates, central banks lowering borrowing costs and thirst for safe assets are among the factors boding well for silver ETFs, including SIL. But this fund is attractive for another reason: Silver's valuations relative to gold are appealing. * 7 Stocks the Insiders Are Buying on Sale "A common valuation metric to assess whether silver is undervalued relative to gold is the gold/silver ratio. A high ratio indicates silver could be undervalued," said Global X in a recent note. "Historically, since 1998, the gold/silver ratio has averaged a level of around 64. As shown in the chart below, although silver has rallied recently, the ratio remains well above historical levels at just below 90. This could be an indication that within the precious metals complex, silver may be more of a relative value play than gold." iShares MSCI Peru ETF (EPU)Expense Ratio: 0.59%Obviously, the iShares MSCI Peru ETF (NYSEARCA:EPU) is not a dedicated silver ETF, but it is the only ETF dedicated to stocks in one of the world's largest silver-producing countries. On that note, EPU has been a disappointment this year as it has traded mostly flat.EPU is more than a decade old, tracks the MSCI All Peru Capped Index and holds just 24 stocks. That roster size is reflective of the small size of Peru's equity market, but EPU does a more than adequate job of representing the commodity's intensive nature in Peru's economy, with a weight of more than 46% dedicated to materials stocks, including some silver miner stocks found in the fund's top 10 holdings.Peru's central bank recently cut interest rates, joining a slew of emerging markets that have done so, but that move was on the back of some weak economic data, indicating investors may want to wait for the numbers to firm up in Peru before embracing EPU. iShares MSCI Global Silver Miners ETF (SLVP)Expense Ratio: 0.39%As you've probably noticed, miners ETFs carry higher fees than typical sector and industry funds and many are pricier than standard commodities funds like SLV. I'm not saying the iShares MSCI Global Silver Miners ETF (CBOE:SLVP) is the best silver ETF, but at the very least, it is the cheapest silver miners ETF as highlighted by its annual fee of just 0.39%.SLVP tracks the MSCI ACWI Select Silver Miners Investable Market Index and is higher by nearly 26% year-to-date. The trade-off in getting this silver ETF's lower-by-comparison fee is concentration risk. This iShares fund allocates 23.23% of its weight to just one stock: Wheaton Precious Metals Group (NYSE:WPM). * 10 Medical Marijuana Stocks to Cure Your Portfolio That stock is up 41.12% year-to-date and looks poised for a technical breakout, but if the market sours on Wheaton, it will be next to impossible for SLVP to emerge unscathed. Aberdeen Standard Physical Silver Shares ETF (SIVR)Expense Ratio: 0.30%The Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) is not a miners fund. Rather, this silver ETF is backed by physical holdings of the white metal, meaning it is appropriate for long-term investors looking for some commodities exposure as a way of adding some diversity to equity and fixed income-heavy portfolios.SIVR's primary rival is the aforementioned SIL. While the iShares product is bigger, long-term investors should be seduced by size because SIVR is 20 basis points per year cheaper than SIL.Noting that commodities funds like SIL and SIVR do not pay interest or dividends, meaning that capital appreciation is the sole driver of investor outcomes, fees really make a difference here. This makes SIVR is the best silver ETF to buy for cost-conscious investors.As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy for the Long Haul * 5 More Cloud Stocks With Plenty of Potential * 5 Clean Energy ETFs to Buy for 2019 The post 5 Silver ETFs That Will Keep Shining appeared first on InvestorPlace.

  • ETF Trends

    Silver Miners ETF Becomes Star In Metal’s Rally

    With silver prices soaring, mining equities and the related ETFs are joining the party. For example, the Global X Silvers Miners ETF (SIL) is higher by more than 13% just this month. SIL, the largest silver miner-related ETF, tries to mirror the Solactive Global Silver Miners Total Return Index, which is also comprised of global silver miners.

  • ETF Trends

    Precious Metals Miner ETFs Surge as Gold, Silver Fuel Safe-Haven Bets

    Precious metals miner sector-related ETFs rallied on Monday as investors turned to safe-haven plays like gold and silver to stick out the sudden volatility triggered by trade war fears. Among the best ...

  • ETF Trends

    Silver ETFs Are Joining The Precious Metals Party

    The iShares Silver Trust (SLV) and the Aberdeen Standard Physical Silver Shares ETF (SIVR), two of the largest exchange traded funds backed by holdings of physical silver, are shedding their laggard ways ...

  • ETF Trends

    Silver ETFs Rally to Highest Since February

    Silver-related exchange traded funds shined on Tuesday, with silver bullion hovering around their highest levels since late February. Among the best performing non-leveraged ETFs of Tuesday, the ETFMG ...

  • ETF Trends

    Some Positive Signs For Silver ETFs

    The iShares Silver Trust (SLV) and the Aberdeen Standard Physical Silver Shares ETF (SIVR), two of the largest exchange traded funds backed by holdings of physical silver, have traded flat over the past ...

  • ETF Trends

    Patience is a Virtue When it Comes to Silver ETFs

    The  iShares Silver Trust (SLV)  and the  Aberdeen Standard Physical Silver Shares ETF (SIVR), two of the largest exchange traded funds backed by holdings of physical silver, have recently shown signs of life, indicating the previously sluggish silver funds could be ready to seize some of the precious metals spotlight from gold. “After gold’s monster rally last week to price levels not seen since 2013, silver climbed up near the $15.40/ozmark.

  • ETF Trends

    Finally, Some Good News For Silver ETFs

    The  iShares Silver Trust (SLV)  and the  Aberdeen Standard Physical Silver Shares ETF (SIVR), two of the largest exchange traded funds backed by holdings of physical silver, entered Monday with year-to-date losses of more than 3%, but some commodities market observers believe silver is poised to trend higher.