HANetf
SLVM.MI
IE0008WICO06
Sprott Silver Miners & Physical Silver UCITS ETF – Acc
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About this ETF

The HANetf Sprott Silver Miners and Physical Silver UCITS ETF Accumulating seeks to track the Nasdaq Sprott Silver Miners and Physical Silver index. The Nasdaq Sprott Silver Miners & Physical Silver index tracks the performance of global silver producers and includes a fixed allocation of 15% in physical silver. It comprises companies that generate at least 25% of their revenue from the silver sector.

TER
0.65%

Total Expense Ratio per year

Fund Size
€1.67M

Assets under management

Holdings
71

Underlying equities

Dividend Yield
-

Accumulating

Fundamentals & Estimates

Weighted valuation multiples and analyst forecasts

Valuation Multiples
Weighted P/E
9.45
Weighted Fwd P/E
15.59
💰 Revenue Estimates
Current Year CY
+67.27% ⌀ 3 Analysts Coverage
Next Year NY
+25.67% ⌀ 3 Analysts Coverage
📈 EPS Estimates (Earnings Per Share)
Current Year CY
+379.89% ⌀ 5 Analysts Coverage
Next Year NY
+71.78% ⌀ 5 Analysts Coverage

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ETF Profile
Provider
HANetf
HANetf
Fund Type
ETF
Inception Date
04/16/2026 (5 mos)
Region
World
Country
-
Strategy
-
Theme
-
Distribution Policy
Accumulating
Replication
Full replication
Sustainable
No

🛡️ Risk & Structural Analysis

Multi-Factor Risk Model & Market Data

7/7 Very High
32/100 Low (Concentration Risk)
Diversification Score
32/100 Low (Concentration Risk)
3Y Volatility
-
Max Drawdown (3Y)
-
Sharpe Ratio (3Y)
-
Notes & Warnings
Fund Volume (AUM) ⚠️ Fund closure risk (< 50M € AUM)
⚠️ Fund closure risk (< 50M € AUM)
🔴 Low analyst coverage (4.6 analysts, higher growth estimate uncertainty)
🔴 Extreme top 10 holdings concentration: 70% of fund in top 10 positions.
🔴 Severe sector concentration risk: 86% in "Basic Materials".
⚠️ Industry concentration: 47% in "Silver".
🔴 High Commodity Concentration: 87% of fund depends directly on volatile energy and raw material markets.
🔴 Dominant Cyclicality: 86% in cyclical industries – higher drawdown risk in recessions.
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