|Bid||29.92 x 1300|
|Ask||30.02 x 1200|
|Day's Range||29.93 - 30.27|
|52 Week Range||21.91 - 32.26|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||21.42%|
|Beta (3Y Monthly)||0.39|
|Expense Ratio (net)||0.65%|
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.
The U.S. dollar is at an all time high. The Broad Trade-Weighted Dollar Index is at 130.69 at last count, after reaching its all time high of 131.57 in September. This is a broad dollar index that is weighted by trade volumes and includes the Chinese yuan as well as other emerging-markets currencies.
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 ...
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.
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.
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.
Obviously, one of the big stories in the precious metals complex this year is the resurgence of gold. Recently silver exchange traded funds have joined the party. Over the past 90 days, the iShares Silver Trust (NYSE: SLV) is higher by 14.8%.
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 ...
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 ...
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 ...
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 ...
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.
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.
Here is a look at the 25 best and 25 worst ETFs from the past week. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions. Likewise, traders can also use this list to spot potential trend reversal opportunities that may offer a generous risk/reward. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
The oft-overlooked materials sector is a cyclical group and a small slice of the broader U.S. equity market, but for tactical investors, there are some compelling opportunities in this group.That includes mining stocks and the related exchange-traded funds (ETFs). Mining ETFs are considered industry funds and many are more volatile than traditional materials ETFs. While materials funds are usually heavily allocated to chemicals makers, investors willing to take on the added volatility associated with mining ETFs can access more focused assets, including precious metals miners, coal, steel and more.Another element investors need to acknowledge with mining ETFs is the array of factors that can affect these investors. Those factors include the strength of the U.S. dollar, international trade deals, geopolitical events and the strength of emerging markets economies.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Oversold Stocks to Run From For investors willing to add some more risk to their portfolios, here are some mining ETFs to consider. VanEck Vectors Gold Miners ETF (GDX)Expense Ratio: 0.53%, or $53 annually per $10,000 investedThe VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) is not just the largest gold miners fund, it is one of the dominant names among mining ETFs of any stripe. Investors that are familiar with GDX and other gold mining ETFs know that simply because spot gold prices are rising, that does not mean miners will join in on that action.However, arguably the biggest risk with gold miners equities is that these stocks will overshoot the declines in spot gold. That scenario is happening right now. The SPDR Gold Shares (NYSEARCA:GLD) is lower by 2.68% this month, but GDX is down 7.78% over the same period and is in danger of falling below its 200-day moving average."The gold stocks are mired in something of a psychological limbo these days," reports Mining.com. "They aren't exactly out of favor, but there's little enthusiasm for this sector. Investors and speculators have largely lost interest for technical, sentimental, and fundamental reasons."Year-to-date, investors have pulled $1.36 billion from GDX. SPDR S&P Metals & Mining ETF (XME)Expense Ratio: 0.35%The SPDR S&P Metals & Mining ETF (NYSEARCA:XME) is a diverse mining ETF. This equal-weight fund, which is nearly 13 years old, targets the S&P Metals and Mining Select Industry Index.The $433.35 million XME "seeks to provide exposure to the metals & mining segment of the S&P TMI, which comprises the following sub-industries: Aluminum, Coal & Consumable Fuels, Copper, Diversified Metals & Mining, Gold, Precious Metals & Minerals, Silver, and Steel," according to State Street.XME holds just 29 stocks, more than half of which are steelmakers. Domestic steel stocks have benefited from the White House's tariff's on foreign steel, but that news has already been baked into those stocks. * 10 Stocks to Sell Before They Give Back 2019 Gains XME is a credible mining ETF for tactical traders with elevated risk tolerance. Over the past three years, this mining ETF's average annualized volatility was 27.30%, or 1,200 points above the same metric on the S&P 500 Materials Index. Global X Lithium & Battery Tech ETF (LIT) Expense Ratio: 0.75%The Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) is often viewed as more of a thematic fund than a dedicated mining ETF, but several of LIT's 39 holdings actually do mine and produce lithium. While LIT has been a roller coaster ride for a while now, as highlighted by a 12-month loss of 15%, this is arguably one of the more compelling mining ETFs.Traditional mining ETFs focus on companies that are engaged in old school industries, such as coal mining and steel production. Conversely, LIT is at the epicenter of some futuristic trends, including the global shift to electric vehicles, which are powered by lithium-ion batteries."Battery metals tracker Adamas Intelligence says that in February 2019, 76% more lithium carbonate equivalent (LCE) was deployed worldwide in batteries of new electric, plug-in hybrid and hybrid electric passenger vehicles compared to the same month last year," reports Mining.com. "The Dutch-Canadian research company, which tracks EV registrations and battery chemistries in more than 80 countries, says among all metals and materials found in EV battery cathodes, lithium use saw the greatest gains."With electric vehicles just a few years away from meeting traditional automobiles in terms of price synergies, LIT is one of the most compelling mining ETFs in terms of favorable long-term fundamentals. Invesco S&P SmallCap Materials ETF (PSCM)Expense Ratio: 0.29%As its name implies, the Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) is a materials fund, not a dedicated mining ETF, but the fund does have some mining exposure and represents a solid choice for investors looking for mining exposure without the commitment of a fund explicitly dedicated to this industry.PSCM's 34 member firms "are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals," according to Invesco. * 7 Renewable Energy Stocks to Buy for Sunny Long-Term Returns More than 17% of PSCM's holdings are considered mining companies. Nearly 36% of the mining ETF's components are classified as value stocks while more than 29% are considered growth stocks. PSCM is beating the large-cap XLB by nearly 800 basis points YTD. Global X Silver Miners ETF (SIL) Expense Ratio: 0.65%Many of the same dynamics that apply to gold and gold mining ETFs apply to silver and the related miners. That makes sense because silver often follows gold in either direction. Currently, that is problematic for the Global X Silver Miners ETF (NYSEARCA:SIL), which is lower by nearly 11% this month.What is concerning about SIL's price action this year and that of silver itself is that the global economy is mostly strong. That should benefit silver because about half the demand for the white metal is industrial demand. Additionally, some market observers argue that the silver market is not in a supply deficit despite reports to the contrary. If there were a legitimate supply deficit, then silver and the related mining ETFs would likely be displaying better price action.For the seven trading sessions ending Tuesday, April 23, SIL closed lower on six of those days and now resides about 5.50% below its 200-day moving average. This is a mining ETF for traders to keep on their radars, but being in it right now is a risky bet at best.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises Compare Brokers The post 5 Mining ETFs to Dig Into appeared first on InvestorPlace.
While gold exchange traded funds (ETFs) have traded modestly higher this year, silver funds are getting left behind. The iShares Silver Trust (NYSEArca: SLV), the largest silver ETF trading in the U.S., ...
Among the 11 sectors represented in the S&P 500, materials is usually the most overlooked and it is easy to understand why. Simply put, at a weight of 2.61%, materials is the smallest sector allocation in the S&P 500.Diminutive status aside, materials ETFs are worth considering. The largest materials ETF is the Materials Select Sector SPDR (NYSEARCA:XLB). An interesting aside about XLB is that this materials ETF ranks as either the best or second-best sector SPDR fund in six months of year, more than any of the other sector SPDR ETFs, according to CXO Advisory.A basic materials ETF, such as XLB, is typically heavily allocated to chemicals manufacturers with some exposure to metals miners, plastics makers and makers of building products. However, investors can find potentially more compelling ideas by drilling deeper into the universe of materials ETFs.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Tech Stocks That Transformed Their Business For investors looking to add some cyclical exposure to their portfolios, here are some materials ETFs to consider in the second quarter. Fidelity MSCI Materials ETF (FMAT)Source: Shutterstock Expense ratio: 0.084% per year, or $8.40 on a $10,000 investment. Like the aforementioned XLB, the Fidelity MSCI Materials ETF (NYSEARCA:FMAT) is a traditional, cap-weighted materials ETF. The primary benefit with this Fidelity materials ETF is that this fund, like Fidelity's other sector ETFs, is the cheapest ETF available for its respective sector. Fidelity clients can transact in FMAT on a commission-free basis.The rub with cap-weighted materials ETFs like FMAT and XLB is that these funds feature significant concentration risk. Currently, FMAT devotes over a quarter of its weight to DowDuPont (NYSE:DWDP) and Linde (NYSE:LIN).DowDuPont was formed by Dow Chemical's acquisition of DuPont in 2017 and the combined company retained DuPont's position in the Dow Jones Industrial Average. However, the company is being split into three separate units, with a new unit known as Dow maintaining a spot in the blue-chip index. Invesco S&P SmallCap Materials ETF (PSCM)Source: Shutterstock Expense ratio: 0.29%. The materials sector is usually the territory of large-cap companies and many materials ETFs reflect that trait, but there are some avenues for investors looking for tactical small-cap exposure in this group. The Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) is the prime avenue for investors looking for a small-cap materials ETF.PSCM tracks an index that is the materials derivative of the widely followed S&P SmallCap 600 Index, making this materials ETF the small-cap answer to the large-cap XLB. * 10 Tech Stocks With Key Products That Face an Uncertain Future PSCM's 34 holdings have an average market capitalization of $1.57 billion. Nearly two-thirds of the fund's components are chemicals makers and this materials ETF does an admirable job of evenly dividing its exposure to growth and value stocks. VanEck Vectors Rare Earth/Strategic Metals ETF (REMX)Source: Karangahake Gorge Tunnel (New Zealand) via Flickr (Modified) Expense ratio: 0.61%. The VanEck Vectors Rare Earth/Strategic Metals ETF (NYSEARCA:REMX) is the only fund on the market dedicated to rare earths miners and is a materials ETF for highly risk-tolerant investors.That caveat is relevant with this materials ETF because REMX is historically more volatile than a standard materials ETF, like FMAT or XLB, and because the rare earths fund has been struggling since early 2018. Over the past 12 months, REMX is lower by 37.40% while XLB is lower by just 0.60%.When REMX debuted in late 2010, one of its selling points was exposure to themes such as increased demand for electric and hybrid vehicles, smartphones and tablets. While those themes remain largely intact, REMX's reaction to those demands is not always linear. Investors should also noted that less than 18% of REMX's holdings are large caps, adding another layer of volatility to thesis with this materials ETF. Global X Silver Miners ETF (SIL) Source: Sprott Money via Flickr Expense ratio: 0.65%. Metals miners and the related funds are part of the materials space and that group includes the Global X Silver Miners ETF (NYSEARCA:SIL). SIL, the largest silver miners ETF, tracks the Solactive Global Silver Miners Total Return Index.Miners ETFs, including SIL, are not for all investors because these funds are often much more volatile than standard sector plays. SIL's underlying index has annualized volatility of 36.43%, according to issuer data. The other side of that coin is that when the underlying metal, in this case silver, rips higher, miners funds can follow or even overshoot those moves. That makes this materials ETF an ideal way with which to capture some upside during a silver rally. * 7 Stocks Still Worth Buying at 52-Week Highs "Over the past five years, global demand for silver has exceeded supply," according to Global X research. "In 2017, demand outpaced supply by 810 tons. If investments in silver bars and coins are excluded from the analysis, however, then the supply of silver continues to exceed demand." Invesco DWA Basic Materials Momentum ETF (PYZ)Source: Shutterstock Expense ratio: 0.60%. While there may not be as many materials ETFs as there are funds representing other sector, materials funds are not lacking for unique methodologies. One example of that is the Invesco DWA Basic Materials Momentum ETF (NASDAQ:PYZ).This materials ETF follows a momentum-based benchmark known as the Dorsey Wright Basic Materials Technical Leaders Index."The Index is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 securities from the NASDAQ US Benchmark Index," according to Invesco. "Relative strength is the measurement of a security's performance in a given universe over time as compared to the performance of all other securities in that universe."PYZ is pricier and often more volatile than traditional materials ETFs, but since inception in late 2006, the Invesco fund is beating the S&P 500 Materials Index by nearly 200 basis points. VanEck Vectors Steel ETF (SLX)Source: Shutterstock Expense ratio: 0.56%. The White House's tariffs on imported goods have been controversial to say the least, but a case can be made that domestic steel producers have benefiting from the tariff effort. The VanEck Vectors Steel ETF (NYSEARCA:SLX), the only dedicated steel ETF in the U.S., is higher by more than 13% this year.Like other focused materials ETFs, SLX can be volatile and this fund highly sensitive to supply and demand dynamics. * 5 Cheap Dividend Stocks to Buy Now Bank of America Merrill Lynch analysts believe that "over the next few years, new project startups could produce an oversupply of steel commodities," reports ETF Trends. "The next wave of new additions is expected to come online by 2022, as U.S. steel capacity expands by 20%, inundating the market with steel and putting pressure on steelmakers' profit margins. Merrill also predicts the U.S. industry to tighten its belts as new electric arc furnaces replace older blast furnaces." SPDR S&P Metals & Mining ETF (XME)Source: Shutterstock Expense ratio: 0.35%. For investors that want to move beyond standard materials ETFs without going into a niche fund, the SPDR S&P Metals & Mining ETF (NYSEARCA:XME) is an excellent place to be. That is if the investor can handle some elevated volatility. Home to $462.19 million in assets under management, XME is one of the larger materials ETFs with an industry focus.XME holds 29 stocks and provides exposure to these industry groups: "Aluminum, Coal & Consumable Fuels, Copper, Diversified Metals & Mining, Gold, Precious Metals & Minerals, Silver, and Steel," according to State Street.Nearly half of XME's roster is allocated to steel companies, so this materials ETF should note be paired with the aforementioned SLX. Coal and aluminum stocks combine for 22.10% of the fund's weight. XME is up 12.10% this year and needs to rally another 24% to reclaim its 52-week high.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 4 Pot Stocks That Could Be Fizzling Out * 7 Mid-Cap Growth Stocks That Could Be the Next Amazon or Netflix Compare Brokers The post 7 Materials ETFs to Buy Today appeared first on InvestorPlace.