ETF Copilot
Commodities & Metals

Is SIL a good investment?

Updated October 28, 2026

Global X Silver Miners ETF (SIL) is a commodities and metals ETF. As of October 28, 2026, ETF Copilot scores SIL 6.3 out of 10 — highest on Quality (9.9), lowest on Risk (0.3). Its ten largest holdings are 76% of the fund.

What stands out in SIL's data

Tracks global silver mining equities with a leveraged exposure to the sector.

Priced at a premium to the typical metals fund — you pay more for each unit of earnings.

EBITDA multiple of 8.5x sits above the category median of 7.2x. Top holdings account for 76.3% of assets, a concentrated bet on a few miners.

Provides a leveraged silver mining allocation for a portfolio already holding broad commodities and metals.

Why did SIL move this week? It fell 4.8% in the week to October 28, 2026 — Wheaton Precious Metals and Industrias Penoles SAB drove it

SIL fell 4.8% in the week to October 28, 2026. The holdings that moved it most were Wheaton Precious Metals (−4.2%), Industrias Penoles SAB (−12.2%) and Coeur Mining (−4.7%); Silver Mines (+9.1%) pushed the other way.

How is SIL rated? ETF Copilot scores Global X Silver Miners ETF (SIL) 6.3 out of 10

As of October 28, 2026, ETF Copilot scores Global X Silver Miners ETF (SIL) 6.3 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

  • Overall: 6.3 / 10
  • Growth: 5.7 / 10
  • Value: 9.2 / 10
  • Risk: 0.3 / 10
  • Quality: 9.9 / 10
  • Return: 6.5 / 10

What's inside SIL?

What's inside SIL: Size (Large 25%, Mid 59%, Small 17%); Geography (International 81%, US 19%).

What are SIL's top holdings? The ten largest are 76% of the fund

Wheaton Precious Metals, PAN American Silver, Coeur Mining, Industrias Penoles SAB, Hecla Mining, SSR Mining, First Majestic Silver, OR Royalties, Fresnillo and CIA de Minas Buenaventur are SIL's largest holdings, in that order.

More concentrated than 93% of Commodities & Metals ETFs.

Half of SIL's weight sits in its 4 largest positions, and once those weights are taken into account it behaves like 10 equally weighted holdings.

What is SIL's expense ratio? 0.65% a year

As of October 28, 2026, SIL charges 0.65% a year, yields 1.32% and holds $3.8B in assets across 39 positions.

Global X Silver Miners ETF (SIL) — cost, income and size
MeasureSIL
Expense ratio0.65%
Dividend yield1.32%
Assets under management$3.8B
Holdings39

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

Cite this

ETF Copilot, “Global X Silver Miners ETF (SIL) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/sil

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