- Issuer
- Themes
- Inception Date
- May 3, 2024
- Region
- Global ()
- Category
- Silver, Precious Metals
- Leveraged
- 1x (No leverage)
- Index Tracked
- STOXX Global Silver Mining Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $13M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
AGMI Performance Chart
Themes Silver Miners ETF (AGMI) is up 1.8% since the beginning of the year. AGMI is currently trading at $66 per share.
Loading charts...
Returns By Period
Themes Silver Miners ETF (AGMI) has returned 1.75% so far this year and 96.26% over the past 12 months.
Themes Silver Miners ETF
- 1D
- -1.30%
- 1M
- -4.11%
- YTD
- 1.75%
- 6M
- -0.78%
- 1Y
- 96.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
AGMI Monthly Returns History
Based on dividend-adjusted daily data since May 3, 2024, AGMI's average daily return is +0.23%, while the average monthly return is +4.69%. At this rate, an investment would double in approximately 1.3 years.
Historically, 69% of months were positive and 31% were negative. The best month was Sep 2025 with a return of +24.1%, while the worst month was Mar 2026 at -24.7%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 2 months.
On a daily basis, AGMI closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +9.4%, while the worst single day was Jan 30, 2026 at -14.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 13.39% | 22.21% | -24.71% | 0.94% | 6.38% | -9.18% | 1.75% | ||||||
| 2025 | 9.04% | 0.98% | 11.60% | 1.66% | 5.80% | 11.78% | -2.10% | 22.64% | 24.06% | -2.59% | 14.54% | 12.43% | 176.11% |
| 2024 | 13.29% | -10.33% | 9.99% | -6.39% | 10.59% | 6.10% | -10.60% | -9.54% | -0.74% |
Benchmark Metrics
Themes Silver Miners ETF has an annualized alpha of 41.85%, beta of 1.20, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since May 03, 2024.
- This ETF captured 200.18% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -19.62%) - a profile typical of hedging or uncorrelated assets.
- R2 of 0.19 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 41.85%
- Beta
- 1.20
- R²
- 0.19
- Upside Capture
- 200.18%
- Downside Capture
- -19.62%
Expense Ratio
AGMI has an expense ratio of 0.35%, placing it in the medium range.
Return for Risk
Risk / Return Rank
AGMI ranks 51 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Themes Silver Miners ETF (AGMI) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AGMI | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.81 | 2.78 | +0.03 |
| Martin ratioReturn relative to average drawdown | 7.07 | 12.44 | -5.37 |
Dividends
Dividend History
Themes Silver Miners ETF provided a 4.35% dividend yield over the last twelve months, with an annual payout of $2.87 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $2.87 | $2.87 | $0.44 |
Dividend yield | 4.35% | 4.43% | 1.81% |
Monthly Dividends
The table displays the monthly dividend distributions for Themes Silver Miners ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.87 | $2.87 |
| 2024 | $0.44 | $0.44 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Themes Silver Miners ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Themes Silver Miners ETF was 34.40%, occurring on Jun 10, 2026. The portfolio has not yet recovered.
The current Themes Silver Miners ETF drawdown is 26.57%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -34.40%Jun 2026 | 3mo 10d | — | 3mo 23dMar 2026 - now |
2024 bear market2024 | -25.10%Dec 2024 | 2mo 8d | 4mo 29d | 7mo 7dOct 2024 - May 2025 |
2026 correction2026 | -19.70%Feb 2026 | 7d | 22d | 29dJan 2026 - Feb 2026 |
2024 correction2024 | -19.38%Sep 2024 | 3mo 18d | 18d | 4mo 6dMay 2024 - Sep 2024 |
2025 correction2025 | -19.11%Nov 2025 | 18d | 27d | 1mo 15dOct 2025 - Dec 2025 |
Drawdown Indicators
| AGMI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.40% | -56.78% | +22.38% |
Max Drawdown (1Y)Largest decline over 1 year | -34.40% | -9.10% | -25.30% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -26.57% | -1.80% | -24.77% |
Average DrawdownAverage peak-to-trough decline | -9.53% | -10.71% | +1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.66% | 2.03% | +11.63% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with AGMI
Add Themes Silver Miners ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with AGMI