- ISIN
- US37954Y8488
- CUSIP
- 37954Y848
- Issuer
- Global X
- Inception Date
- Apr 19, 2010
- Region
- Global (Global)
- Category
- Silver, Precious Metals
- Leveraged
- 1x (No leverage)
- Index Tracked
- Solactive Global Silver Miners Total Return Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $5B
Share Price Chart
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Performance
SIL Performance Chart
Global X Silver Miners ETF (SIL) is down 0.5% since the beginning of the year. SIL is currently trading at $83 per share. Investors who bought $1,000 worth of SIL shares 5 years ago would now be looking at an investment worth $2,030.
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Returns By Period
Global X Silver Miners ETF (SIL) has returned -0.54% so far this year and 76.80% over the past 12 months. Over the last ten years, SIL has returned 9.25% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Global X Silver Miners ETF
- 1D
- -0.79%
- 1M
- -5.72%
- YTD
- -0.54%
- 6M
- -4.65%
- 1Y
- 76.80%
- 3Y*
- 50.15%
- 5Y*
- 15.21%
- 10Y*
- 9.25%
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%
SIL Monthly Returns History
Based on dividend-adjusted daily data since Apr 20, 2010, SIL's average daily return is +0.05%, while the average monthly return is +1.04%. At this rate, an investment would double in approximately 5.6 years.
Historically, 46% of months were positive and 54% were negative. The best month was Apr 2016 with a return of +38.4%, while the worst month was Sep 2011 at -25.5%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 8 months.
On a daily basis, SIL closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +16.3%, while the worst single day was Mar 13, 2020 at -17.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 12.91% | 25.16% | -23.68% | -1.67% | 5.81% | -11.37% | -0.54% | ||||||
| 2025 | 8.88% | 0.40% | 13.59% | 3.30% | 5.89% | 11.75% | -1.66% | 22.73% | 23.29% | -7.08% | 16.68% | 8.70% | 166.16% |
| 2024 | -10.47% | -9.06% | 18.87% | 11.36% | 13.44% | -10.07% | 10.48% | -5.02% | 7.21% | 10.17% | -6.03% | -10.51% | 14.62% |
| 2023 | 7.53% | -11.98% | 15.23% | -2.73% | -9.74% | -3.51% | 6.81% | -4.54% | -9.81% | 0.54% | 15.31% | 2.86% | 1.31% |
| 2022 | -10.11% | 3.34% | 6.75% | -9.71% | -7.49% | -14.52% | 1.85% | -11.64% | 3.43% | 3.77% | 14.35% | -1.32% | -22.83% |
| 2021 | -4.03% | -4.41% | -4.66% | 4.46% | 16.84% | -11.95% | -1.22% | -4.43% | -12.95% | 10.66% | -2.83% | -1.69% | -18.35% |
Benchmark Metrics
Global X Silver Miners ETF has an annualized alpha of 3.77%, beta of 0.74, and R2 of 0.10 versus S&P 500 Index. Calculated based on daily prices since April 20, 2010.
- This ETF participated in 81.64% of S&P 500 Index downside but only 58.53% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.10 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
- 3.77%
- Beta
- 0.74
- R²
- 0.10
- Upside Capture
- 58.53%
- Downside Capture
- 81.64%
Expense Ratio
SIL has an expense ratio of 0.65%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SIL ranks 40 for risk / return — below 40% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Global X Silver Miners ETF (SIL) 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.
| SIL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.37 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.08 | 2.78 | -0.70 |
| Martin ratioReturn relative to average drawdown | 5.34 | 12.44 | -7.10 |
Dividends
Dividend History
Global X Silver Miners ETF provided a 1.19% dividend yield over the last twelve months, with an annual payout of $0.99 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.99 | $0.99 | $0.76 | $0.17 | $0.13 | $0.59 | $0.87 | $0.51 | $0.30 | $0.01 | $1.07 | $0.07 |
Dividend yield | 1.19% | 1.18% | 2.40% | 0.59% | 0.48% | 1.59% | 1.92% | 1.53% | 1.21% | 0.02% | 3.34% | 0.38% |
Monthly Dividends
The table displays the monthly dividend distributions for Global X 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 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 | $0.99 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.76 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.17 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.13 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.59 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Global X 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 Global X Silver Miners ETF was 82.99%, occurring on Jan 19, 2016. Recovery took 2451 trading sessions.
The current Global X Silver Miners ETF drawdown is 29.62%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2016 bear market2016 | -82.99%Jan 2016 | 4y 9mo | 9y 9mo | 14y 6moApr 2011 - Oct 2025 |
2026 bear market2026 | -37.08%Jun 2026 | 3mo 10d | — | 3mo 23dMar 2026 - now |
2011 bear market2011 | -23.41%Jan 2011 | 21d | 1mo 5d | 1mo 26dJan 2011 - Mar 2011 |
2025 bear market2025 | -22.10%Nov 2025 | 18d | 1mo 7d | 1mo 25dOct 2025 - Dec 2025 |
2026 correction2026 | -19.71%Feb 2026 | 7d | 21d | 28dJan 2026 - Feb 2026 |
Drawdown Indicators
| SIL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.99% | -56.78% | -26.21% |
Max Drawdown (1Y)Largest decline over 1 year | -37.08% | -9.10% | -27.98% |
Max Drawdown (3Y)Largest decline over 3 years | -37.08% | -18.90% | -18.18% |
Max Drawdown (5Y)Largest decline over 5 years | -49.83% | -25.43% | -24.40% |
Max Drawdown (10Y)Largest decline over 10 years | -63.04% | -33.92% | -29.12% |
Current DrawdownCurrent decline from peak | -29.62% | -1.80% | -27.82% |
Average DrawdownAverage peak-to-trough decline | -51.38% | -10.71% | -40.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.42% | 2.03% | +12.39% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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