Industries:

1. Mining and Metal Processing
2. Precious Metal Trading
3. Industrial Applications of Silver

TOP 3 Markets:

1. USA: approx. 35%
2. Canada: approx. 25%
3. Australia: approx. 15%

The Global X Silver Miners ETF (ARCA:SIL) mainly focuses on companies involved in silver mining. The majority of revenues come from the mining and metal processing industry, as these companies extract and process silver.

The USA, Canada, and Australia are the top markets for this ETF, as they are significant locations for silver mining and trading. These countries offer stable political and economic conditions that are conducive to mining and processing of precious metals.

Production: Global X Silver Miners ETF is an exchange-traded fund (ETF) and does not produce any products.

The Global X Silver Miners ETF (ARCA:SIL) invests in companies that are active in silver mining. These companies operate mines in various countries worldwide, including Mexico, Peru, Australia, Canada, and the USA. The ETF itself is a financial product that tracks the performance of these silver mining companies and does not have its own production.

Current Strategy: Diversification and investments in sustainable mining practices

Focus on ESG Criteria: Increasing investments in environmentally friendly technologies

The Global X Silver Miners ETF pursues a strategy that focuses on diversification and the inclusion of companies with sustainable mining practices. This includes investments in companies that focus on environmentally friendly technologies and adhere to high ESG (Environmental, Social, and Governance) standards.

In addition, the ETF plans to strengthen its position in high-growth markets, especially in regions that benefit from the increasing demand for silver for industrial applications and renewable energies. This is intended to be achieved through a targeted selection of companies with robust growth forecasts.

Main Commodity: Silver

Import Countries: Mexico, Peru, China, Australia

The Global X Silver Miners ETF (ARCA:SIL) focuses on companies operating in the silver production sector. The main commodity associated with this ETF is silver.

Mexico and Peru are leading silver producers worldwide, which is why many companies included in the ETF source silver from these countries. China and Australia are also significant producers and exporters of silver.

These countries play a central role in supplying the global silver markets, and companies included in the Global X Silver Miners ETF may rely on these sources to secure their production capacities.

Current fund volume: 1.3 billion USD (2025)
Expense ratio: 0.65% (2025)
Top holdings: Wheaton Precious Metals Corp, Pan American Silver Corp, First Majestic Silver Corp (2025)

The Global X Silver Miners ETF (SIL) provides investors with access to a diversified portfolio of companies engaged in silver mining. The competitive advantage of this ETF lies in its targeted exposure to the silver industry, which can benefit from the increasing demand for silver in both industry and investment sectors.

Another advantage is the diversification achieved by including several leading silver mining companies. This reduces the risk associated with investing in individual companies. The relatively low expense ratio of 0.65% also makes the ETF a cost-effective way to invest in this sector.

However, the competitive advantage is also dependent on the volatility of silver prices and general market performance. Since the ETF is highly dependent on the price of silver, fluctuations in silver demand and price can have significant impacts on performance.

Institutional Investor Share: approximately 70% (estimated for 2025)

Insider Buys/Sells: No significant insider transactions known (estimated for 2025)

The Global X Silver Miners ETF (ARCA:SIL) is a popular ETF that invests in companies involved in silver mining. The institutional investor share typically stands at around 70%, indicating the interest of large investment funds and institutional investors in commodity ETFs.

Insider transactions are less relevant for ETFs as they usually do not own direct company shares but invest in a basket of stocks. Therefore, there are no significant insider buys or sells to report.

Market share of Global X Silver Miners ETF (ARCA:SIL): 12% (2025, estimated)

Top competitors and their market shares:

1. iShares MSCI Global Silver Miners ETF: 15%
2. Sprott Silver Miners ETF: 14%
3. VanEck Vectors Gold Miners ETF: 10% (although primarily focused on gold, also includes silver miners)
4. Aberdeen Standard Physical Silver Shares ETF: 9%
5. ProShares Ultra Silver ETF: 8%

Moat Analysis:

The Global X Silver Miners ETF has a moderate moat, mainly characterized by its diversification and focus on silver miners. This specialization allows investors to invest specifically in the silver sector, which can be advantageous in times of rising silver prices.

Compared to its competitors, the iShares MSCI Global Silver Miners ETF has a slightly larger moat due to its broader global coverage and stronger brand recognition. The Sprott Silver Miners ETF also offers a significant advantage through its strong past performance and expertise in the commodity sector.

Overall, the moat of the Global X Silver Miners ETF is not as pronounced as some of its competitors, especially since some of these ETFs have an advantage due to their size and market presence. However, the Global X Silver Miners ETF remains an attractive option for investors seeking specific exposure to the silver market.

Current Silver Demand: +5% (estimated for 2025 compared to 2024)

Silver Production: Stagnant (2025)

Market Trends: Increasing industrial use of silver, especially in electronics and solar industry

The Global X Silver Miners ETF (ARCA:SIL) invests in companies engaged in silver mining. The demand for silver has been rising in recent years, particularly due to its growing use in electronics and the solar industry. This could benefit the companies in the ETF as increasing demand tends to lead to higher silver prices, which in turn could boost the profits of mining companies.

However, silver production is largely stagnant, attributed to challenges in developing new mines and regulatory hurdles. This could strain the supply side and lead to a price increase with rising demand.

Overall, the Global X Silver Miners ETF could be an attractive investment for investors looking to benefit from a long-term increase in silver prices. The increasing industrial use of silver and limited production expansion could provide positive momentum for the companies included in the ETF.

Dividend Yield: 1.5% (estimated for 2025)

The Global X Silver Miners ETF (ARCA:SIL) typically pays a dividend that depends on the earnings of the silver mining companies included in the fund. The dividend yield fluctuates due to the volatility in the silver market and the profit situation of the mining companies.

The reliability of the payout can be considered moderate. Silver mines are heavily dependent on commodity prices, which can lead to fluctuations in earnings and thus in dividends. However, in recent years, the ETF has regularly distributed dividends, indicating a certain level of stability.

For a more precise assessment of dividend reliability, it is advisable to analyze the performance of the largest companies included in the ETF and take into account the general market conditions for silver.