SNSR vs. SIL

Last updated Jun 4, 2026

SNSR (Global X Internet of Things ETF) and SIL (Global X Silver Miners ETF) are both exchange-traded funds - SNSR is a Technology Equities fund tracking the Indxx Global Internet of Things Thematic Index, while SIL is a Silver fund tracking the Solactive Global Silver Miners Total Return Index. Both are passively managed. Over the past 5 years, SNSR returned 9.51%/yr vs 13.96%/yr for SIL. At a 0.29 correlation, their price movements are largely independent. SNSR charges 0.68%/yr vs 0.65%/yr for SIL.

Performance

SNSR vs. SIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Internet of Things ETF (SNSR) and Global X Silver Miners ETF (SIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SNSR achieves a 44.93% return, which is significantly higher than SIL's 4.75% return.

SNSR

• 1D: -0.45%
• 1M: 19.62%
• YTD: 44.93%
• 6M: 43.21%
• 1Y: 49.79%
• 3Y*: 18.10%
• 5Y*: 9.51%
• 10Y*: —

SIL

• 1D: -4.96%
• 1M: 0.68%
• YTD: 4.75%
• 6M: 15.66%
• 1Y: 91.23%
• 3Y*: 49.15%
• 5Y*: 13.96%
• 10Y*: 10.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SNSR vs. SIL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SNSR Global X Internet of Things ETF	44.93%	6.46%	-0.45%	23.06%	-25.50%	23.66%	35.05%	47.90%	-17.66%	28.59%
SIL Global X Silver Miners ETF	4.75%	166.16%	14.62%	1.31%	-22.83%	-18.35%	40.30%	34.78%	-22.42%	1.67%

Correlation

The correlation between SNSR and SIL is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.36
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (All Time) Calculated using the full available price history since Sep 19, 2016	0.29

SNSR vs. SIL - Sectors Allocation Comparison

Sectors	SNSR	SIL
Technology	78.7%	-
Industrials	15.7%	-
Healthcare	4.8%	-
Communication Services	0.8%	-
Basic Materials	0.2%	99.8%
Utilities	0.1%	-
Consumer Cyclical	-	-
Consumer Defensive	-	0.2%
Energy	-	-
Financial Services	-	-
Real Estate	-	-

Return for Risk

SNSR vs. SIL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SNSR

SNSR Risk / Return Rank: 62
SNSR Sharpe Ratio Rank: 62
SNSR Sortino Ratio Rank: 59
SNSR Omega Ratio Rank: 56
SNSR Calmar Ratio Rank: 70
SNSR Martin Ratio Rank: 61

SIL

SIL Risk / Return Rank: 48
SIL Sharpe Ratio Rank: 52
SIL Sortino Ratio Rank: 43
SIL Omega Ratio Rank: 46
SIL Calmar Ratio Rank: 55
SIL Martin Ratio Rank: 43

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SNSR vs. SIL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Internet of Things ETF (SNSR) and Global X Silver Miners ETF (SIL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SNSR	SIL	Difference
Sharpe ratio: Return per unit of total volatility	2.10	1.83	+0.26
Sortino ratio: Return per unit of downside risk	2.83	2.17	+0.66
Omega ratio: Gain probability vs. loss probability	1.35	1.30	+0.05
Calmar ratio: Return relative to maximum drawdown	3.50	2.79	+0.71
Martin ratio: Return relative to average drawdown	10.86	7.14	+3.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SNSR vs. SIL - Sharpe Ratio Comparison

The current SNSR Sharpe Ratio is 2.10, which is comparable to the SIL Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of SNSR and SIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SNSR	SIL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	1.83	+0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.38	0.36	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.27	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.14	+0.46

Drawdowns

SNSR vs. SIL - Drawdown Comparison

The maximum SNSR drawdown since its inception was -38.46%, smaller than the maximum SIL drawdown of -82.99%. Use the drawdown chart below to compare losses from any high point for SNSR and SIL.

Drawdown Indicators

	SNSR	SIL	Difference
Max Drawdown Largest peak-to-trough decline	-38.46%	-82.99%	+44.53%
Max Drawdown (1Y) Largest decline over 1 year	-14.30%	-32.91%	+18.61%
Max Drawdown (3Y) Largest decline over 3 years	-28.32%	-32.91%	+4.59%
Max Drawdown (5Y) Largest decline over 5 years	-38.03%	-55.08%	+17.05%
Max Drawdown (10Y) Largest decline over 10 years	—	-63.04%	—
Current Drawdown Current decline from peak	-0.45%	-25.87%	+25.42%
Average Drawdown Average peak-to-trough decline	-9.50%	-51.45%	+41.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.60%	12.82%	-8.22%

Volatility

SNSR vs. SIL - Volatility Comparison

The current volatility for Global X Internet of Things ETF (SNSR) is 9.35%, while Global X Silver Miners ETF (SIL) has a volatility of 17.66%. This indicates that SNSR experiences smaller price fluctuations and is considered to be less risky than SIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SNSR	SIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.35%	17.66%	-8.31%
Volatility (6M) Calculated over the trailing 6-month period	18.55%	41.57%	-23.02%
Volatility (1Y) Calculated over the trailing 1-year period	23.90%	50.01%	-26.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.16%	39.21%	-14.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.67%	39.60%	-14.93%

SNSR vs. SIL - Expense Ratio Comparison

SNSR has a 0.68% expense ratio, which is higher than SIL's 0.65% expense ratio.

Dividends

SNSR vs. SIL - Dividend Comparison

SNSR's dividend yield for the trailing twelve months is around 0.37%, less than SIL's 1.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SIL Global X Silver Miners ETF	1.13%	1.18%	2.40%	0.59%	0.48%	1.59%	1.92%	1.53%	1.21%	0.02%	3.34%	0.38%
SNSR Global X Internet of Things ETF	0.37%	0.54%	0.73%	0.74%	0.82%	0.43%	0.21%	1.12%	1.25%	1.11%	0.31%	0.00%

Frequently Asked Questions

Can I hold both SNSR and SIL in my portfolio?

SNSR and SIL have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SNSR or SIL?

SIL has higher volatility (17.66%) compared to SNSR (9.35%). In terms of maximum drawdown, SNSR dropped -38.46% vs SIL's -82.99%.

Which ETF is better, SNSR or SIL?

On 5-year performance, SIL leads with 13.96% vs 9.51% for SNSR. On fees, SIL is cheaper at 0.65% per year. On volatility, SNSR has been the lower-risk option at 9.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNSR or SIL?

Over the 5-year period, SIL has performed better with a 13.96% return vs 9.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNSR or SIL?

SIL is cheaper with a 0.65% expense ratio, compared with 0.68% for SNSR.

Which ETF pays a higher dividend yield, SNSR or SIL?

SIL has the higher dividend yield at 1.13%, compared with 0.37% for SNSR.

What is the main difference between SNSR and SIL?

SNSR is categorized as Technology Equities, while SIL is Silver. SNSR tracks Indxx Global Internet of Things Thematic Index, while SIL tracks Solactive Global Silver Miners Total Return Index. Their fees differ too: 0.68% for SNSR and 0.65% for SIL.

Which has better risk-adjusted returns?

SNSR currently has the higher Sharpe Ratio (2.10 vs 1.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.