Comparative Analysis of Global Silver Mining ETFs
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: Fool
- Cost Structure Differences: The iShares MSCI Global Silver and Metals Miners ETF (SLVP) offers a lower expense ratio of 0.39% compared to Global X Silver Miners ETF (SIL) at 0.65%, making SLVP more appealing to cost-sensitive investors while providing a higher dividend yield of 1.3% versus SIL's 0.9%.
- Portfolio Composition: Launched 15 years ago, SIL holds 42 stocks primarily focused on Canadian mining companies like Wheaton Precious Metals Corp., which accounts for over 20% of its assets, while SLVP emphasizes Mexican mining firms, despite both ETFs having the same number of holdings.
- Risk and Return Comparison: Over the past five years, SIL and SLVP experienced maximum drawdowns of -55.63% and -55.56%, respectively, with growth of $1,000 amounting to $2,945 for SIL and $2,592 for SLVP, indicating similar risk management but slightly better performance for SLVP.
- Market Volatility Impact: Given that silver is estimated to be three times more volatile than gold, investors should be cautious of the risks both ETFs may face during significant price fluctuations, although they have benefited from the meteoric rise in silver prices in 2025 and early 2026.
Analyst Views on WPM
Wall Street analysts forecast WPM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for WPM is 137.91 USD with a low forecast of 118.00 USD and a high forecast of 160.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
8 Buy
1 Hold
0 Sell
Strong Buy
Current: 147.860
Low
118.00
Averages
137.91
High
160.00
Current: 147.860
Low
118.00
Averages
137.91
High
160.00
About WPM
Wheaton Precious Metals Corp. is a Canada-based precious metals streaming company. The Company, through strategic streaming agreements, partners with mining companies to secure a portion of their future precious metal production. The Company has approximately 35 streaming agreements. It also has approximately five royalty agreements. Its portfolio includes a diverse mix of gold, silver, palladium, platinum and cobalt streams from 18 operating mines and 28 development projects. Its operating portfolio includes Antamina, Blackwater, Constancia, Cozamin, Los Filos, Marmato, Neves-Corvo, Penasquito, Salobo, San Dimas, Stillwater & East Boulder, Sudbury, Voisey's Bay, and Zinkgruvan. The Company has also entered into a definitive agreement to acquire the Spring Valley Project located in Nevada, United States of America.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
