Global X
SILV
IE000UL6CLP7
Silver Miners UCITS ETF
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About this ETF

The Global X Silver Miners UCITS ETF USD Accumulating seeks to track the Solactive Global Silver Miners index. The Solactive Global Silver Miners index tracks companies worldwide that are engaged in the exploration, mining and/or refining of silver.

TER
0.65%

Total Expense Ratio per year

Fund Size
€1.46B

Assets under management

Holdings
39

Underlying equities

Dividend Yield
-

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
16.29
Weighted Fwd P/E
14.89
💰 Revenue Estimates
Current Year CY
+56.88% ⌀ 5 Analysts Coverage
Next Year NY
+14.31% ⌀ 5 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+133.01% ⌀ 8 Analysts Coverage
Next Year NY
+27.44% ⌀ 8 Analysts Coverage

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ETF Profile
Provider
Global X
Global X
Fund Type
ETF
Inception Date
05/04/2022 (4 yrs)
Region
World
Country
-
Strategy
-
Theme
-
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
No

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

—
15/100 Low (Concentration Risk)
Diversification Score
15/100 Low (Concentration Risk)
3Y Volatility
-
Max Drawdown (3Y)
-
Sharpe Ratio (3Y)
-
Notes & Warnings
Fund Volume (AUM) 🟢 Established large fund (> 500M € AUM)
🔴 Low analyst coverage (7.6 analysts, higher growth estimate uncertainty)
🔴 Extreme top 10 holdings concentration: 76% of fund in top 10 positions.
🔴 Severe sector concentration risk: 100% in "Basic Materials".
🔴 Extreme industry concentration: 52% in "Gold".
🔴 High Commodity Concentration: 100% of fund depends directly on volatile energy and raw material markets.
🔴 Dominant Cyclicality: 100% in cyclical industries – higher drawdown risk in recessions.
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