Summary
Global X Silver Miners UCITS ETF USD Acc is an ETF - a fund traded on an exchange like a stock - run by Global X. Positions inside: 46. The ten largest make up 76% of the fund.
- Yearly costs
- 0.65%
- Fund size
- 1.22B €
- Positions
- 46
- Dividends
- Reinvested
- Running since
- 2022
What speaks for it
- A large fund with 1.22B € under management.
- Average yearly growth over the last three years: 46%.
What to watch
- The ten largest positions make up 76% of the fund, so its result rests on a few names.
- 100% of the fund is in one sector (Basic materials).
- Costs of 0.65% a year are above the middle of comparable funds (0.44%).
- In the last five years its price once dropped by 38% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -13%
- 3 months
- +15%
- This year
- -3.6%
- 1 year
- +11%
- 3 years
- +209%
- Avg. market cap
- $19.5B
- P/E
- 17.1x
- Forward P/E
- 14.9x
- P/S
- 4.4x
- P/B
- 2.8x
- P/FCF
- 13.8x
- EV/EBITDA
- 8.5x
- Dividend yield
- 0.31%
- ROIC
- 12.3%
- ROE
- 18.2%
- Gross margin
- 55.5%
- Operating margin
- 45.5%
- Net margin
- 33.4%
- Payout ratio
- 5.3%
- Net debt/EBITDA
- -0.1x
- Beta
- 0.77
Weighted average of the 37 largest companies, which make up 94% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 WPWheaton Precious Metals Corp. WPM.TO 17%
- 2 PAPan American Silver Corp. PAAS.TO 13%
- 3 CDCoeur Mining CDE 11%
- 4 HLHecla Mining Company HL 6.9%
- 5 PEIndustrias Peñoles, S.A.B. de C.V. PE&OLES.MX 6.3%
- 6 AGFirst Majestic Silver Corp. AG.TO 5.3%
- 7 OROR Royalties Inc. OR.TO 4.5%
- 8 SSSSR Mining Inc. SSRM.TO 4.4%
- 9 FRESNILLO PLC 4.3%
- 10 BVMinas Buenaventura BVN 3.8%
Positions in the fund: 46. The ten largest make up 76% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Basic materials 100%
- Consumer defensive 0.1%
By country
- Canada 57%
- United States 24%
- Mexico 10%
- Peru 3.9%
- Other countries 4.9%
By company size
- Large cap 59%
- Mid cap 33%
- Small cap 7.7%
- Micro cap 0.7%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 94% of the fund.
Largest sector: Basic materials (100%). Largest country: Canada (57%). Largest size group: Large cap (59%).
What does it cost me?
Expensive- A year from 10,000 €
- 65.00 €
- Over 20 years
- 3,099 €
From every 10,000 € invested the fund takes 65.00 € a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about 3,099 €.
How has it done?
Growing over the long run- A year on average, 3 years
- +46%
- Deepest drop
- -38%
- Yearly volatility
- 58%
Average yearly growth over the last three years: 46%. Deepest drop in these years: 38% below the earlier high.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
Is it easy to buy and sell?
Yes- Traded a day
- 4.68M €
- Shares a day
- 135K
On an average day about 4.68M € of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 17.1
- Average Bulios Score
- 76 out of 100
Weight by Bulios Fair Price
- Undervalued 16%
- Fairly valued 21%
- Overvalued 63%
On average the companies inside trade for 17.1 times their yearly profit. By Fair Price, 63% of the rated weight comes out as overvalued.
Counted from its largest companies (37), which make up 94% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
SL SLVR.F Global X Silver Miners UCITS ETF USD Acc | Ireland | 0.65% | $75.0M | - | Reinvests | 100% |
SI SIL Global X Silver Miners ETF | United States | 0.65% | $4.16B | +8.6% | Pays out | 57% |
SL SLVP iShares MSCI Global Silver and Metals Miners ETF | United States | 0.39% | $858.8M | +13% | Pays out | 46% |
AG AGMI Themes Silver Miners ETF | United States | 0.35% | $4.69M | +16% | Pays out | 37% |
SI SILJ Amplify Junior Silver Miners ETF | United States | 0.69% | $3.31B | -0.4% | Pays out | 28% |
AM AMAX.TO Hamilton Gold Producer YIELD MAXIMIZER ETF | Canada | 0.65% | $402.5M | -7.8% | Pays out | 27% |
