IQ

SIL Global X Silver Miners ETF

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$77.53
+0.7% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

Over the year to Oct 28, 2026, SIL returned 18.3%, against 13.4% for ACWI.

Why did SIL return +93.6% against ACWI’s +402.8%?What does SIL hold that the S&P 500 does not?What do SIL’s net flows of +$1.4bn over the 3 years to Jul 31, 2026 mean?
Holds 39 stocks in silver miners, 0% of its weight in S&P 500 companiesGlobal X ↗Expense ratio 0.65%Fund assets $4.4bn on Oct 12, 2026First traded Apr 20, 2010Benchmark MSCI ACWI Index, measured by ACWI, which tracks the same indexFund page at the issuer ↗SEC filings ↗Every Global X fund ETFIQ coversDividend history

Promise check: Not measuredIts theme exposure is measured once ETFIQ defines its theme company by company.

Compare with…Trading costsPut to the committeeaskIQ about SILAdd to portfolioOverlapFlowsAlerts

SIL risk and return scorecard

vs ACWI · Apr 2010 to Oct 2026 · 860 weekly returns · dividend-adjusted

16.5 years
SIL +93.6%, ACWI +402.8%, Apr 2010 to Oct 2026, distributions reinvested.
Return
MeasureSILACWIEdge
Total return+93.6%+402.8%ACWI
Annualized+4.1%+10.3%ACWI
Price return+62.4%+261.2%ACWI
Risk
MeasureSILACWIEdge
Volatility39.9%16.2%ACWI
Max drawdown−82.3%−32.1%ACWI
Upside capture84.6%100.0%ACWI
Downside capture100.9%100.0%Tie
Risk-adjusted
MeasureSILACWIEdge
Sharpe ratio0.260.59ACWI
Sortino ratio0.380.84ACWI
Alpha vs ACWI
MeasureSILACWIEdge
Alpha, a year+0.6%Not significant
Alpha t-stat0.07
Beta to ACWI1.031.00Higher beta

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · Oct 12, 2026
12 months to Jul 31, 2026
+$844m
3 years to Jul 31, 2026
+$1.4bn
5 years to Jul 31, 2026
+$1.6bn
askIQ: what do these flows mean? ↗

What you earned

SIL −10.9%, ACWI −0.3%: total return over one month to Oct 28, 2026.
SIL−10.9%
ACWI−0.3%
SIL +6.3%, ACWI +4.4%: total return over three months to Oct 28, 2026.
SIL+6.3%
ACWI+4.4%
SIL −10.2%, ACWI +7.4%: total return over six months to Oct 28, 2026.
SIL−10.2%
ACWI+7.4%
SIL −7.0%, ACWI +13.2%: total return over the year to Oct 28, 2026.
SIL−7.0%
ACWI+13.2%
SIL +18.3%, ACWI +13.4%: total return over one year to Oct 28, 2026.
SIL+18.3%
ACWI+13.4%
SIL +227.9%, ACWI +88.9%: total return over three years to Oct 28, 2026.
SIL+227.9%
ACWI+88.9%
SIL +111.9%, ACWI +65.0%: total return over five years to Oct 28, 2026.
SIL+111.9%
ACWI+65.0%
SIL +124.9%, ACWI +230.6%: total return over ten years to Oct 28, 2026.
SIL+124.9%
ACWI+230.6%
SIL +109.0%, ACWI +395.2%: total return since launch to Oct 28, 2026.
SIL+109.0%
ACWI+395.2%
askIQ: why did SIL return +18.3% against ACWI’s +13.4%? ↗

What did you actually buy?

Silver miners · holdings as of Jul 31, 2026
0.0%
Already in the S&P 500
Report
100.0%
Active share vs the S&P 500
Report
76.3%
Top ten holdings
Report
+18.3%
Total return, 1 year
Report
1.5%
12-month yield, capital gains included, on its starting price
Report
$0.108
Last payment (paid annually), ex-date Jun 29, 2026
Report
Share already in the S&P 500
0.0% of the fund by weight, holdings as of Jul 31, 2026.
Ten largest holdings
Wheaton Precious Metals Corp.22.4%
Pan American Silver Corp.12.5%
COEUR MINING, INC.10.6%
INDUSTRIAS PENOLES, S.A.B. DE C.V.5.2%
HECLA MINING COMPANY4.6%
FIRST MAJESTIC SILVER CORP.4.5%
FRESNILLO PLC4.3%
Compania de Minas Buenaventura S.A.A.4.2%
OR Royalties Inc.4.2%
SSR MINING INC.3.9%
askIQ: what does SIL hold that the S&P 500 does not? ↗

More on SIL

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Price, 1 year

$77.53+0.7%1 day, priceClose, Oct 28, 2026

Price only. Total return over the same days, distributions reinvested, was +18.3%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Oct 28, 2026. Updated every trading night. Report a data error

Points (pts) are percentage points.

SIL returns by window: total return, cash paid and price change
WindowTotal returnBenchmark (ACWI)Gap to ACWIS&P 500 (SPY)
1M Sep 28 – Oct 28, 2026−10.9%−0.3%−10.6 pts+0.9%
3M Jul 29 – Oct 28, 2026+6.3%+4.4%+1.9 pts+6.1%
6M Apr 29 – Oct 28, 2026−10.2%+7.4%−17.6 pts+9.1%
YTD Dec 31, 2025 – Oct 28, 2026−7.0%+13.2%−20.2 pts+14.1%
1Y Oct 28, 2025 – Oct 28, 2026+18.3%+13.4%+4.9 pts+13.6%
3Y Oct 27, 2023 – Oct 28, 2026+227.9%+88.9%+139.0 pts+95.0%
5Y Oct 29, 2021 – Oct 28, 2026+111.9%+65.0%+46.9 pts+79.8%
10Y Oct 28, 2016 – Oct 28, 2026+124.9%+230.6%−105.7 pts+325.8%
Since launch Apr 20, 2010 – Oct 28, 2026+109.0%+395.2%−286.2 pts+755.4%
Since launch, annualised Apr 20, 2010 – Oct 28, 2026+4.6%–––

Total returns, distributions reinvested.

Source: Tiingo end-of-day prices, with distributions reinvested.

Money in and out

Monthly data · as of Oct 12, 2026

SIL: in the month to Oct 31, 2026, net $53.2m went out.

12 months
+$844m
40.0% of $2.1bn on Jul 31, 2025
Aug 1, 2025 to Jul 31, 2026
monthly, from SEC filings
3 years
+$1.4bn
150.3% of $924m on Jul 31, 2023
Aug 1, 2023 to Jul 31, 2026
monthly, from SEC filings
5 years
+$1.6bn
125.8% of $1.3bn on Jul 31, 2021
Aug 1, 2021 to Jul 31, 2026
monthly, from SEC filings
Aug 2019 to Jul 2026
+$2.3bn
Aug 1, 2019 to Jul 31, 2026
monthly, from SEC filings

Computed by ETFIQ from the monthly sales and redemptions SIL files with the SEC on Form N-PORT.

How this is computed

ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Oct 2026. Every day and month ETFIQ holds for SIL, back to Aug 2019, is in its flows file. Flows across every fund · How these flows are computed · Compare SIL with other funds in the flows tool

Month by month, money in and money outSep 2023 to Oct 2026

SIL, money in and money out each month from Sep 2023 to Jul 2026: two bars a month, money in above the line and money out below. Every bar is from SIL’s SEC filings (N-PORT item B.6). Oct 2026 is still in progress, so it is in the list and not drawn. Of the 36 months listed, money came in on net in 22 and went out in 14.

Every bar is from SIL’s SEC filings (N-PORT item B.6). Of the 36 months listed, money came in on net in 22 and went out in 14.

MonthInOutNet
Oct 2026 ETFIQ, the sum of its days, Oct 7 to Oct 12$0−$53.2m−$53.2m
Jul 2026 SEC Form N-PORT+$218m−$65.5m+$152m
Jun 2026 SEC Form N-PORT+$34k−$110m−$110m
May 2026 SEC Form N-PORT+$15.4m−$358m−$342m
Apr 2026 SEC Form N-PORT+$262m−$68.8m+$193m
Mar 2026 SEC Form N-PORT+$35.4m−$510m−$474m
Feb 2026 SEC Form N-PORT+$40.0m−$305m−$265m
Jan 2026 SEC Form N-PORT+$589m−$28.8m+$560m
Dec 2025 SEC Form N-PORT+$569m−$30.6m+$538m
Nov 2025 SEC Form N-PORT+$94.4m−$169m−$74.6m
Oct 2025 SEC Form N-PORT+$311m−$117m+$194m
Sep 2025 SEC Form N-PORT+$309m−$5.0m+$304m
Aug 2025 SEC Form N-PORT+$170m$0+$170m
Jul 2025 SEC Form N-PORT+$146m$0+$146m
Jun 2025 SEC Form N-PORT+$211m$0+$211m
May 2025 SEC Form N-PORT+$12.4m−$93.4m−$81.0m
Apr 2025 SEC Form N-PORT+$163m$0+$163m
Mar 2025 SEC Form N-PORT+$44.2m−$2.4m+$41.8m
Feb 2025 SEC Form N-PORT+$28.4m−$19.9m+$8.5m
Jan 2025 SEC Form N-PORT+$22.9m$0+$22.9m
Dec 2024 SEC Form N-PORT$0−$37.2m−$37.2m
Nov 2024 SEC Form N-PORT+$1.8m−$23.0m−$21.2m
Oct 2024 SEC Form N-PORT+$52.6m−$7.2m+$45.4m
Sep 2024 SEC Form N-PORT+$15.8m$0+$15.8m
Aug 2024 SEC Form N-PORT+$4k−$47.6m−$47.6m
Jul 2024 SEC Form N-PORT+$8.9m−$6.2m+$2.6m
Jun 2024 SEC Form N-PORT+$8.8m−$7.5m+$1.3m
May 2024 SEC Form N-PORT+$67.2m−$5.3m+$62.0m
Apr 2024 SEC Form N-PORT+$40.4m$0+$40.4m
Mar 2024 SEC Form N-PORT+$9.8m$0+$9.8m
Feb 2024 SEC Form N-PORT+$1.8m−$8.9m−$7.1m
Jan 2024 SEC Form N-PORT−$2k−$16.4m−$16.4m
Dec 2023 SEC Form N-PORT+$7.4m−$37.8m−$30.3m
Nov 2023 SEC Form N-PORT+$550k−$10.5m−$10.0m
Oct 2023 SEC Form N-PORT+$5.2m$0+$5.2m
Sep 2023 SEC Form N-PORT+$26.8m$0+$26.8m

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions. Months summed from daily data: money in adds the days money came in; money out adds the days it went out.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Oct 12, 2026. Updated when the fund files its next report.

SIL key stats

52-week high, daily closes to Oct 28, 2026 (ETFIQ)$118.03 on Feb 27, 2026
52-week low, daily closes to Oct 28, 2026 (ETFIQ)$62.20 on Nov 4, 2025
Close on Oct 28, 2026, within that range (ETFIQ)$77.53, 27% of the way from the low to the high
Holdings39
Top ten holdings weight76.3%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Oct 28, 2026
Trading · SILas of Oct 28, 2026
·
Not scored2 of 6 measured · Oct 28, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
$1,000$0.700.07%
$10,000$7.000.07%
Premium or discount to NAV, Oct 12 close−0.35%
−0.5%95% of days within ±0.35% · the 1% band is off this scale+0.5%
How to tradeLimit: midpoint + 7¢ to buy, midpoint − 7¢ to sell.At the Oct 12 close of $86.06, that’s $86.13 to buy and $85.99 to sell.
Full trading page: components, premium history, dealers →

SIL top ten by weight, 76.3% of the fund, of its 39 equity positions, from the holdings filed for Jul 31, 2026. That is 89 days before Oct 28, 2026, older than the issuer’s daily file, which ETFIQ could not read. Source: the fund’s SEC filing.

Wheaton Precious Metals Corp. WPM 22.38%
Pan American Silver Corp. PAAS 12.54%
COEUR MINING, INC. CDE 10.59%
INDUSTRIAS PENOLES, S.A.B. DE C.V. not filed 5.21%
HECLA MINING COMPANY HL 4.63%
FIRST MAJESTIC SILVER CORP. AG TSE 4.47%
FRESNILLO PLC FRES LON 4.30%
Compania de Minas Buenaventura S.A.A. not filed 4.18%
OR Royalties Inc. OR 4.16%
SSR MINING INC. SSRM 3.85%
Fund filings on SEC EDGAR ↗See all 39 holdings →Check overlap with another fund →

Source: Holdings filing (SEC Form N-PORT). Data as of Jul 31, 2026.

About SIL

Theme (ETFIQ, editorial)Silver miners
First tradedApr 20, 2010
Already in the S&P 500, by weight (ETFIQ)0.0%
Outside the S&P 500, by weight (ETFIQ)100%
Active share vs the S&P 500 (ETFIQ)100.0%
Already in the Nasdaq-100, by weight (ETFIQ)0.0%
Active share vs the Nasdaq-100 (ETFIQ)100.0%
Top ten holdings weight76.3%
Holdings39
Holdings as of (SEC N-PORT)Jul 31, 2026
Top holdingsWheaton Precious Metals Corp. 22.4%, Pan American Silver Corp. 12.5%, COEUR MINING, INC. 10.6%, INDUSTRIAS PENOLES, S.A.B. DE C.V. 5.2%, HECLA MINING COMPANY 4.6%, FIRST MAJESTIC SILVER CORP. 4.5%, FRESNILLO PLC 4.3%, Compania de Minas Buenaventura S.A.A. 4.2%, OR Royalties Inc. 4.2%, SSR MINING INC. 3.9%
Net assets (issuer page, as of Oct 12, 2026)$4.4bnReport
Benchmark (ETFIQ, from its filings)MSCI ACWI Index, measured by ACWI, which tracks the same index
Benchmark named inits shareholder report, N-CSR, Jan 9, 2026
SIL, 1 year to Oct 28, 2026+18.3%
ACWI, the same days+13.4%
Against its benchmark, 1 year (ETFIQ)+4.9 pts
Below its all-time high (ETFIQ)−34.2%
Expense ratio (485BPOS XBRL, Feb 26, 2026)0.65%Report
Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ)0.65%
Closest funds by holdings overlapSILJ 53%, AGMI 48%, SLVP 34%, GOAU 26%, SGDM 23%
Against its benchmark, 1 yearahead by 4.9 pts
Below its all-time high34.2%, high on Feb 27, 2026
How we measure
The top ten holdings are 76% of the fund across 39 positions, as filed for Jul 31, 2026. Over the year to Oct 28, 2026 the fund returned +18.3% with distributions reinvested against +13.4% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 4.9 pts. It sits 34.2% below its all-time high of Feb 27, 2026.
Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested. Method
IQ Investment Committee on SIL

12 seats on SIL, as of Oct 28, 2026: 6 Challenges, 6 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingChallenges
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatChallenges
Put SIL to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about SIL

How much of SIL is in S&P 500 companies?
By its holdings filed for Jul 31, 2026, 0% of SIL by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different.
What does SIL hold?
39 positions as filed for Jul 31, 2026, with the top ten at 76% of the fund. The largest are Wheaton Precious Metals Corp. at 22.4%, Pan American Silver Corp. at 12.5%, COEUR MINING, INC. at 10.6%.
Has SIL beaten the S&P 500?
Over the year to Oct 28, 2026 SIL returned +18.3% with distributions reinvested, against +13.6% for the S&P 500, so it finished ahead of the index by 4.7 points.
What does SIL cost?
The prospectus expense ratio is 0.65% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.65%.
Sources and dates
Prices, SIL, Benchmark (ACWI) and S&P 500 (SPY)Tiingo end-of-day · Oct 28, 2026
Fee, 0.65%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $4.4bnIssuer page · Oct 12, 2026
HoldingsHoldings filing (SEC Form N-PORT) · Jul 31, 2026 ↗
IssuerGlobal X page for SIL ↗
All fund filingsFund filings on SEC EDGAR ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, SIL, thematic ETFs, data as of Oct 28, 2026. https://etfiq.com/funds/sil

The difference bar for SIL, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Active share
How differently the money is placed, counting weights: one minus the sum of the smaller weight of each security across the fund and the index. 100% means nothing in common; 0% means the index itself. Two funds can hold the same names and still have a high active share if they weight them very differently.
Weight overlap
The share of money two portfolios hold in the same securities at the same weight.
Already in the index
The fund’s weight in securities the S&P 500 holds at all. A fund can be made entirely of index names and still have high active share, because it holds them at different weights.
Top ten
The weight of the ten largest holdings. Above 50% the fund is a bet on a handful of companies, whatever the theme.
Full definitions: thematic ETFs vocabulary page. →
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SIL: 0% of SIL's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Jul 31, 2026.
<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/sil"><img src="https://etfiq.com/assistant/api/embed/themes/sil.svg" alt="SIL: 0% of SIL&#x27;s weight is in S&amp;P 500 companies and 100% is outside the index. Holdings as of Jul 31, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">SIL: 0% of SIL&#x27;s weight is in S&amp;P 500 companies and 100% is outside the index. Holdings as of Jul 31, 2026. Data: <a href="https://etfiq.com/funds/sil">ETFIQ</a></figcaption>
</figure>

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Snapshot, Oct 28, 2026. More on the tabs above.