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Amplify Junior Silver Miners ETF (SILJ) Sharpe Ratio: 1.64

ETF · Currency in USD · Last updated Jun 23, 2026

The Amplify Junior Silver Miners ETF (SILJ) seeks investment results that generally correspond to the price and yield of the Nasdaq Junior Silver Miners Index, providing exposure to small-cap companies primarily engaged in silver mining, exploration, and development. Prior to January 29, 2024, the fund was named ETFMG Prime Junior Silver Miners ETF and tracked the Prime Junior Silver Miners & Explorers Index.

SILJ's Sharpe Ratio of 1.64 indicates that for each unit of volatility, it generates 1.64 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

SILJ Sharpe Ratio Rank

SILJ Sharpe Ratio Rank: 49.049
Average

SILJ ranks above 49.0% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

SILJ Sharpe Ratio Market Positioning

The chart shows SILJ's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.31
  • Green zone (top 25%): 2.31 or higher
  • Top 1%: 7.45+
  • Median: 1.68 — half of all investments score higher

How it compares to other similar ETFs

The table compares Amplify Junior Silver Miners ETF's Sharpe Ratio with other ETFs in the Silver, Precious Metals category across multiple time periods, showing how SILJ's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
AGMIThemes Silver Miners ETF1.89
SGDJSprott Junior Gold Miners ETF1.68
SLVPiShares MSCI Global Silver and Metals Miners ETF1.64
SILJAmplify Junior Silver Miners ETF1.64
SLVOUBS ETRACS Silver Shares Covered Call ETN1.52
SILGlobal X Silver Miners ETF1.48
GDEWisdomTree Efficient Gold Plus Equity Strategy Fund1.46
SLVRSprott Silver Miners & Physical Silver ETF1.38
SIVRabrdn Physical Silver Shares ETF1.35
SLViShares Silver Trust1.34

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows SILJ's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when SILJ consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does SILJ fit in your portfolio?

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