Global X Silver Miners ETF
ALTAR
Score™		 1.0% info Recommen-
dation		 UNDERWEIGHT
2025E    2026E
P/E
ratio		 50.4x P/Sales
ratio		 8.8x
P/BV
ratio		 6.0x Div.
yield		 0.0%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Global X Silvers Miners ETF is an exchange-traded fund incorporated in the USA. The seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Silver Miners Index ("Underlying Index").

FUND BASICS
Category Global Equities
Fund Sponsor Global X Management Co LLC
Website www.globalxfunds.com
Inception date Apr 19, 2010
Assets (mns) $7,366
Currency USD
Expense ratio 65 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Brown Brothers Harriman & Co
Weighting Market Cap
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 39
Wgt avg mkt cap (mns) $20,752
Large cap (>$10bn) 25.0%
Mid cap ($2-10bn) 48.4%
Small cap (<$2bn) 26.5%
Developed mkts 75.5%
Emerging mkts 24.6%

TOP TEN HOLDINGS
WHEATON PRECIOUS METALS CORP 22.4 %
PAN AMERICAN SILVER CORP 11.7 %
COEUR D'ALENE MINES CORP 7.9 %
FRESNILLO PLC 5.7 %
FIRST MAJESTIC SILVER CORP 5.6 %
HECLA MINING CO 5.5 %
INDUSTRIAS PENOLES SAB DE CV 4.9 %
KOREA ZINC CO LTD 4.6 %
CIA DE MINAS BUENAVENTUR-ADR 4.0 %
OSISKO GOLD ROYALTIES LTD 3.9 %
Total 76.1 %

TOP COUNTRY EXPOSURE
CANADA 63.9 %
UNITED STATES 16.8 %
BRITAIN 6.0 %
MEXICO 4.4 %
SOUTH KOREA 4.3 %
PERU 3.8 %
AUSTRALIA 0.9 %




HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru January 31)
Year-to-date 1 year 5 years 10 years Since Incep.
12.9% 173.1% 17.8% 19.6% 6.0%

Market Correlations
versus... Beta R-squared
S&P500 0.61 7%
MSCI EAFE 1.08 17%
MSCI Emg. Mkts. 1.08 19%

Technical Indicators
Recent close $118.03
30d moving avg. $100.83
Annualized volatility 36.0%
Short interest (ETF) 3.1%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 4,573
Turnover 7.3%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $259

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 295 potential alternatives to the Global X Silver Miners ETF ETF based on the alternatives' overlap in portfolio holdings with SIL. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SIL Expense: 65 bp ALTAR Score™: 1.0%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SIL
Ticker Fund
Name		 Overlap1
vs SIL
(%)		 Expense
ratio
(bp)		 Savings
vs SIL
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs SIL
(%)
AGMI Themes Silver Miners ETF 33.5 35 30 2.8 +1.7
SLVP iShares MSCI Global Silver Miners ETF 29.8 39 26 2.7 +1.6
GDXJ VanEck Junior Gold Miners ETF 25.4 52 13 1.8 +0.7
GDX VanEck Gold Miners ETF 18.0 51 14 1.9 +0.9
AUAU Global X Gold Miners ETF 15.9 35 30 1.7 +0.7
GOEX Global X Gold Explorers ETF 11.4 65 0 1.3 +0.3
XME State Street SPDR S&P Metals & Mining ETF 11.1 35 30 4.8 +3.8
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 8.3 60 5 3.7 +2.7
FFTY Innovator IBD 50 ETF 7.3 80 -15 -0.1 -1.1
SGRT SMART Earnings Growth 30 ETF 6.3 59 6 2.7 +1.7
EPU iShares MSCI Peru and Global Exposure ETF 6.2 59 6 3.8 +2.8
EAFG Pacer Developed Markets Cash Cows Growth Leaders ETF 5.7 65 0 3.9 +2.9
PSCM Invesco S&P SmallCap Materials ETF 5.5 29 36 9.6 +8.6
SETM Sprott Energy Transition Materials ETF 5.2 65 0 1.3 +0.3
EWW iShares MSCI Mexico ETF 4.9 50 15 7.5 +6.5
FLMX Franklin FTSE Mexico ETF 3.8 19 46 7.9 +6.9
QMOM Alpha Architect U.S. Quantitative Momentum ETF 3.5 39 26 1.1 +0.1
HYP Golden Eagle Dynamic Hypergrowth ETF 3.5 85 -20 -0.8 -1.8
IGE iShares North American Natural Resources ETF 3.5 41 24 5.3 +4.3
RING iShares MSCI Global Gold Miners ETF 3.3 39 26 2.4 +1.4
AADR AdvisorShares Dorsey Wright ADR ETF 3.2 110 -45 2.4 +1.4
GPT Intelligent Alpha Atlas ETF 2.8 69 -4 6.1 +5.1
AKAF The Frontier Economic Fund 2.8 20 45 4.9 +3.9
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 2.8 60 5 1.4 +0.4
FKU First Trust United Kingdom AlphaDEX Fund 2.4 80 -15 6.7 +5.7
COPA Themes Copper Miners ETF 2.2 35 30 2.7 +1.7
DBSC Deepwater Beachfront Small Cap ETF 2.2 85 -20 1.2 +0.1
ARGT Global X MSCI Argentina ETF 2.2 59 6 3.3 +2.3
TIME Clockwise Core Equity & Innovation ETF 2.1 95 -30 2.2 +1.2
HAP VanEck Natural Resources ETF 2.1 50 15 6.3 +5.3
ECOW Pacer Emerging Markets Cash Cows 100 ETF 1.9 70 -5 8.9 +7.9
SGDM Sprott Gold Miners ETF 1.9 50 15 1.9 +0.9
FIVA Fidelity International Value Factor ETF 1.9 18 47 7.1 +6.1
FESM Fidelity Enhanced Small Cap ETF 1.9 28 37 2.5 +1.4
VAW Vanguard Materials ETF 1.8 9 56 4.6 +3.6
FMAT Fidelity MSCI Materials Index ETF 1.7 8 57 4.6 +3.6
FDEV Fidelity International Multifactor ETF 1.7 18 47 6.8 +5.8
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 1.6 30 35 3.8 +2.8
NANR SPDR S&P North American Natural Resources ETF 1.6 35 30 5.9 +4.9
IWN iShares Russell 2000 Value ETF 1.6 24 41 5.0 +4.0
VTWV Vanguard Russell 2000 Value ETF 1.5 10 55 5.2 +4.2
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.5 70 -5 2.1 +1.1
FPXI First Trust International Equity Opportunities ETF 1.5 70 -5 3.9 +2.9
GURU Global X Guru Index ETF 1.5 75 -10 2.5 +1.5
RNIN Bushido Capital US SMID Cap Equity ETF 1.5 70 -5 11.3 +10.3
FLLA Franklin FTSE Latin America ETF 1.4 19 46 9.7 +8.7
FTHF First Trust Emerging Markets Human Flourishing ETF 1.3 75 -10 6.0 +5.0
STXK Strive Small-Cap ETF 1.2 18 47 5.2 +4.2
FEP First Trust Europe AlphaDEX Fund 1.2 80 -15 6.5 +5.5
RSSL Global X Russell 2000 ETF 1.1 8 57 2.9 +1.8
IWM iShares Russell 2000 ETF 1.1 19 46 2.8 +1.8
BFOR ALPS Barron's 400 ETF 1.1 65 0 4.9 +3.9
BRAZ Global X Brazil Active ETF 1.1 75 -10 9.1 +8.1
IQSM IQ Candriam U.S. Mid Cap Equity ETF 1.0 15 50 5.1 +4.1
PSC Principal U.S. Small-Cap ETF 1.0 38 27 3.8 +2.8
VTWO Vanguard Russell 2000 ETF 1.0 7 58 2.9 +1.9
IJK iShares S&P Mid-Cap 400 Growth ETF 1.0 17 48 4.1 +3.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.9 35 30 6.4 +5.4
INFL Horizon Kinetics Inflation Beneficiaries ETF 0.9 85 -20 2.5 +1.5
ICOW Pacer Developed Markets International Cash Cows 100 ETF 0.9 65 0 7.5 +6.5
SCHC Schwab International Small-Cap Equity ETF 0.9 11 54 6.2 +5.2
MDYG State Street SPDR S&P 400 Mid Cap Growth ETF 0.9 15 50 4.1 +3.1
VBK Vanguard Small-Cap Growth ETF 0.8 7 58 1.3 +0.3
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.8 10 55 4.2 +3.1
AVDS Avantis International Small Cap Equity ETF 0.8 30 35 5.7 +4.7
CVAR Cultivar ETF 0.8 87 -22 6.5 +5.5
FDT First Trust Developed Markets ex-US AlphaDEX Fund 0.8 80 -15 6.3 +5.3
RAYE Rayliant Quantamental Emerging Market ex-China Equity ETF 0.8 88 -23 8.3 +7.3
SCHA Schwab U.S. Small-Cap ETF 0.7 4 61 4.6 +3.6
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.7 49 16 8.5 +7.5
NUSC Nuveen ESG Small-Cap ETF 0.7 31 34 5.0 +4.0
JSML Janus Henderson Small Cap Growth Alpha ETF 0.7 30 35 2.8 +1.8
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.7 29 36 6.6 +5.6
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 0.7 80 -15 8.4 +7.3
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.7 39 26 3.7 +2.7
IWO iShares Russell 2000 Growth ETF 0.7 24 41 0.5 -0.5
JIVE JPMorgan International Value ETF 0.7 55 10 8.1 +7.1
SGDJ Sprott Junior Gold Miners ETF 0.7 50 15 1.3 +0.3
EWUS iShares MSCI United Kingdom Small Cap ETF 0.7 59 6 6.8 +5.8
FNX First Trust Mid Cap Core AlphaDEX Fund 0.7 60 5 6.2 +5.2
IPKW Invesco International BuyBack Achievers ETF 0.7 55 10 7.7 +6.7
EEMV iShares MSCI Emerging Markets Min Vol Factor ETF 0.6 25 40 6.3 +5.3
AFSM First Trust Active Factor Small Cap ETF 0.6 75 -10 6.1 +5.1
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.6 4 61 5.5 +4.5
PIE Invesco Dorsey Wright Emerging Markets Momentum ETF 0.6 90 -25 4.0 +3.0
AVIE Avantis  Inflation Focused Equity ETF 0.6 25 40 5.9 +4.9
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.6 33 32 6.3 +5.3
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 0.6 39 26 2.4 +1.4
PIZ Invesco Dorsey Wright Developed Markets Momentum ETF 0.6 80 -15 3.3 +2.3
DFSI Dimensional International Sustainability Core 1 ETF 0.6 24 41 5.3 +4.3
FPA First Trust Asia Pacific ex-Japan AlphaDEX Fund 0.6 80 -15 6.9 +5.9
SMOX Horizon Small/Mid Cap Core Equity ETF 0.6 75 -10 5.4 +4.4
DFIS Dimensional International Small Cap ETF 0.6 39 26 5.8 +4.8
SVAL iShares US Small Cap Value Factor ETF 0.5 20 45 7.6 +6.6
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 0.5 60 5 5.6 +4.6
NUEM Nuveen ESG Emerging Markets Equity ETF 0.5 36 29 6.1 +5.1
VTWG Vanguard Russell 2000 Growth ETF 0.5 10 55 0.7 -0.3
WSML iShares MSCI World Small-Cap ETF 0.5 15 50 5.3 +4.3
DFAS Dimensional U.S. Small Cap ETF 0.5 26 39 5.6 +4.6
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.5 95 -30 -0.5 -1.5
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 0.5 7 58 5.4 +4.4
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.5 17 48 5.1 +4.1
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.5 8 57 6.0 +5.0
GWX SPDR S&P International Small Cap ETF 0.5 40 25 5.5 +4.5
ISCG iShares Morningstar Small-Cap Growth ETF 0.5 6 59 2.8 +1.8
JPIN J.P. Morgan Diversified Return International Equity ETF 0.5 37 28 6.7 +5.7
XC WisdomTree Emerging Markets Ex-China Fund 0.5 32 33 5.8 +4.8
JHSC John Hancock Multifactor Small Cap ETF 0.5 42 23 6.0 +5.0
MDY SPDR S&P Midcap 400 ETF Trust 0.5 23 42 5.9 +4.9
VIDI Vident International Equity Strategy ETF 0.5 61 4 8.1 +7.1
IJH iShares Core S&P Mid-Cap ETF 0.5 5 60 6.1 +5.1
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.5 64 1 1.3 +0.3
ISCB iShares Morningstar Small-Cap ETF 0.5 4 61 5.5 +4.4
PICK iShares MSCI Global Metals & Mining Producers ETF 0.5 39 26 7.5 +6.5
AVDV Avantis International Small Cap Value ETF 0.5 36 29 7.3 +6.3
ISCF iShares International SmallCap Equity Factor ETF 0.5 23 42 6.9 +5.9
ISCV iShares Morningstar Small Cap Value ETF 0.4 6 59 7.8 +6.8
SPMD State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.4 3 62 6.1 +5.1
AFMC First Trust Active Factor Mid Cap ETF 0.4 65 0 7.2 +6.1
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 0.4 60 5 -0.9 -1.9
IVOO Vanguard S&P Mid-Cap 400 ETF 0.4 7 58 6.1 +5.1
UIVM VictoryShares International Value Momentum ETF 0.4 35 30 7.8 +6.8
CCNR ALPS CoreCommodity Natural Resources ETF 0.4 39 26 7.9 +6.8
JPEM JPMorgan Diversified Return Emerging Markets Equity ETF 0.4 44 21 8.8 +7.8
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.4 49 16 5.7 +4.7
VXF Vanguard Extended Market ETF 0.4 5 60 3.9 +2.9
EWU iShares MSCI United Kingdom ETF 0.4 50 15 6.7 +5.7
FENI Fidelity Enhanced International ETF 0.4 28 37 5.5 +4.5
DFIC Dimensional International Core Equity 2 ETF 0.4 23 42 5.9 +4.9
SMLF iShares U.S. SmallCap Equity Factor ETF 0.4 15 50 5.1 +4.1
VB Vanguard Small-Cap ETF 0.4 5 60 5.3 +4.3
FRGN Horizon International Equity ETF 0.3 75 -10 7.8 +6.8
EZM WisdomTree U.S. MidCap Fund 0.3 38 27 8.0 +7.0
FNDA Schwab Fundamental US Small Co. Index ETF 0.3 25 40 6.2 +5.2
BSVO EA Bridgeway Omni Small-Cap Value ETF 0.3 47 18 8.1 +7.1
XCNY SPDR S&P Emerging Markets ex-China ETF 0.3 15 50 5.7 +4.7
ISMD Inspire Small/Mid Cap ETF 0.3 54 11 5.5 +4.5
DFAI Dimensional International Core Equity Market ETF 0.3 18 47 5.8 +4.7
TPSC Timothy Plan US Small Cap Core ETF 0.3 52 13 6.6 +5.6
AVEM Avantis Emerging Markets Equity ETF 0.3 33 32 7.1 +6.1
KEMX KraneShares MSCI Emerging Markets EX China Index ETF 0.3 24 41 5.4 +4.4
EEMO Invesco S&P Emerging Markets Momentum ETF 0.3 29 36 7.5 +6.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.3 20 45 4.2 +3.2
AVMV Avantis U.S. Mid Cap Value ETF 0.3 20 45 7.2 +6.2
SCHM Schwab U.S. Mid-Cap ETF 0.3 4 61 5.9 +4.9
SPEM SPDR Portfolio Emerging Markets ETF 0.3 7 58 9.2 +8.2
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 26 6.4 +5.4
DWMF WisdomTree International Multifactor Fund 0.3 38 27 6.3 +5.3
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 26 6.6 +5.6
FLGB Franklin FTSE United Kingdom ETF 0.3 9 56 6.4 +5.4
JMEE JPMorgan Market Expansion Enhanced Equity ETF 0.3 24 41 6.1 +5.1
XCEM Columbia EM Core ex-China ETF 0.3 16 49 5.1 +4.1
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 0.3 30 35 7.8 +6.8
DXIV Dimensional International Vector Equity ETF 0.3 34 31 6.3 +5.2
VFMO Vanguard U.S. Momentum Factor ETF 0.3 13 52 1.8 +0.8
TPIF Timothy Plan International ETF 0.3 62 3 5.3 +4.2
EMMF WisdomTree Emerging Markets Multifactor Fund 0.3 48 17 8.5 +7.5
FLKR Franklin FTSE South Korea ETF 0.3 9 56 4.8 +3.7
SCDS JPMorgan Fundamental Data Science Small Core ETF 0.2 40 25 4.1 +3.1
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 35 6.2 +5.2
CIL VictoryShares International Volatility Wtd ETF 0.2 45 20 5.7 +4.7
GSEU Goldman Sachs ActiveBeta Europe Equity ETF 0.2 25 40 6.1 +5.1
DFIV Dimensional International Value ETF 0.2 27 38 7.5 +6.5
EMXC iShares MSCI Emerging Markets ex China ETF 0.2 25 40 5.3 +4.3
INRO iShares U.S. Industry Rotation Active ETF 0.2 42 23 3.7 +2.7
GEM Goldman Sachs ActiveBeta Emerging Markets Equity ETF 0.2 45 20 8.1 +7.1
USVM VictoryShares US Small Mid Cap Value Momentum ETF 0.2 25 40 8.0 +7.0
FMDE Fidelity Enhanced Mid Cap ETF 0.2 23 42 5.4 +4.4
AVIV Avantis International Large Cap Value ETF 0.2 25 40 6.6 +5.6
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 23 6.4 +5.4
DFE WisdomTree Europe SmallCap Dividend Fund 0.2 58 7 7.1 +6.1
DLS WisdomTree International SmallCap Dividend Fund 0.2 58 7 7.0 +6.0
DON WisdomTree U.S. MidCap Dividend Fund 0.2 38 27 7.9 +6.9
EEMX SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF 0.2 30 35 8.1 +7.1
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF 0.2 66 -1 7.5 +6.4
XSOE WisdomTree Emerging Markets ex-State-Owned Enterprises Fund 0.2 32 33 7.5 +6.4
IMTM iShares MSCI Intl Momentum Factor ETF 0.2 30 35 4.5 +3.5
DXUV Dimensional US Vector Equity ETF 0.2 28 37 5.3 +4.3
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.2 41 24 6.8 +5.8
JHEM John Hancock Multifactor Emerging Markets ETF 0.2 49 16 7.5 +6.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 56 4.9 +3.9
DEXC Dimensional Emerging Markets ex China Core EquityETF 0.2 53 12 5.3 +4.3
EEM iShares MSCI Emerging Markets ETF 0.2 69 -4 7.8 +6.8
INTF iShares International Equity Factor ETF 0.2 15 50 6.3 +5.3
FRDM Freedom 100 Emerging Markets ETF 0.2 49 16 5.5 +4.5
BBEM JPMorgan BetaBuilders Emerging Markets Equity ETF 0.2 15 50 8.0 +7.0
DIHP Dimensional International High Profitability ETF 0.2 29 36 5.4 +4.4
VEXC Vanguard Emerging Markets Ex-China ETF 0.2 7 58 5.7 +4.7
FDMO Fidelity Momentum Factor ETF 0.2 15 50 2.6 +1.6
DOL WisdomTree International LargeCap Dividend Fund 0.2 48 17 5.5 +4.5
AVDE Avantis International Equity ETF 0.2 23 42 5.9 +4.9
IXUS iShares Core MSCI Total International Stock ETF 0.2 7 58 6.4 +5.4
PEXL Pacer US Export Leaders ETF 0.1 60 5 3.3 +2.3
LDEM iShares ESG MSCI EM Leaders ETF 0.1 17 48 11.6 +10.6
IEMG iShares Core MSCI Emerging Markets ETF 0.1 9 56 8.2 +7.2
GSIE Goldman Sachs ActiveBeta International Equity ETF 0.1 25 40 5.9 +4.9
MFEM PIMCO RAFI Dynamic Multi-Factor Emerging Markets Equity ETF 0.1 50 15 8.0 +7.0
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -25 3.3 +2.3
VSGX Vanguard ESG International Stock ETF 0.1 10 55 6.4 +5.4
ACWV iShares MSCI Global Min Vol Factor ETF 0.1 20 45 5.4 +4.4
DWM WisdomTree International Equity Fund 0.1 48 17 5.3 +4.3
PTL Inspire 500 ETF 0.1 9 56 4.5 +3.5
ECON Columbia Emerging Markets Consumer ETF 0.1 49 16 6.9 +5.9
APIE ActivePassive International Equity ETF 0.1 45 20 6.1 +5.1
BKEM BNY Mellon Emerging Markets Equity ETF 0.1 11 54 7.9 +6.9
GSEE Goldman Sachs MarketBeta Emerging Markets Equity ETF 0.1 36 29 7.7 +6.6
DFUV Dimensional US Marketwide Value ETF 0.1 22 43 6.3 +5.3
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 61 5.8 +4.8
DFAC Dimensional U.S. Core Equity 2 ETF 0.1 17 48 4.8 +3.8
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.1 40 25 5.4 +4.4
SCZ iShares MSCI EAFE Small-Cap ETF 0.1 40 25 5.9 +4.9
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.1 38 27 7.0 +6.0
EFG iShares MSCI EAFE Growth ETF 0.1 36 29 3.6 +2.6
DISV Dimensional International Small Cap Value ETF 0.1 42 23 7.7 +6.7
EMCR Xtrackers Emerging Markets Carbon Reduction and Climate Impr 0.1 15 50 8.8 +7.8
DBAW Xtrackers MSCI All World ex US Hedged Equity ETF 0.1 41 24 6.0 +5.0
SCHE Schwab Emerging Markets Equity ETF 0.1 11 54 9.2 +8.2
QINT American Century Quality Diversified International ETF 0.1 39 26 6.4 +5.4
VEA Vanguard FTSE Developed Markets ETF 0.1 3 62 5.8 +4.8
JHMM John Hancock Multifactor Mid Cap ETF 0.1 42 23 5.4 +4.4
VXUS Vanguard Total International Stock ETF 0.1 5 60 6.5 +5.5
AVSD Avantis Responsible International Equity ETF 0.1 23 42 5.7 +4.7
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 62 5.7 +4.7
VWO Vanguard FTSE Emerging Markets ETF 0.1 7 58 8.9 +7.9
IEUR iShares Core MSCI Europe ETF 0.1 11 54 6.1 +5.1
IQLT iShares MSCI Intl Quality Factor ETF 0.1 30 35 5.2 +4.2
ACWX iShares MSCI ACWI ex U.S. ETF 0.1 34 31 6.2 +5.2
CWI SPDR MSCI ACWI ex-US ETF 0.1 30 35 6.3 +5.2
DFAE Dimensional Emerging Core Equity Market ETF 0.1 35 30 7.0 +6.0
DCOR Dimensional US Core Equity 1 ETF 0.1 14 51 4.7 +3.7
RWJ Invesco S&P SmallCap 600 Revenue ETF 0.1 39 26 7.8 +6.8
VGK Vanguard FTSE Europe ETF 0.1 6 59 6.2 +5.2
DFSU Dimensional US Sustainability Core 1 ETF 0.1 18 47 4.7 +3.7
DFAT Dimensional U.S. Targeted Value ETF 0.1 28 37 8.7 +7.7
SPEU SPDR Portfolio Europe ETF 0.1 7 58 6.1 +5.1
AVUS Avantis U.S. Equity ETF 0.1 15 50 4.9 +3.9
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.1 59 6 8.3 +7.3
DBEU Xtrackers MSCI Europe Hedged Equity ETF 0.1 46 19 5.4 +4.4
VT Vanguard Total World Stock ETF 0.1 6 59 5.1 +4.1
VEU Vanguard FTSE All-World ex-US Index Fund 0.1 4 61 6.6 +5.5
IEFA iShares Core MSCI EAFE ETF 0.1 7 58 5.8 +4.8
BBEU JPMorgan BetaBuilders Europe ETF 0.1 9 56 5.9 +4.9
FLEE Franklin FTSE Europe ETF 0.1 9 56 6.0 +5.0
IQSI IQ Candriam International Equity ETF 0.1 15 50 5.3 +4.3
AVES Avantis Emerging Markets Value ETF 0.1 36 29 8.5 +7.5
GXUS Goldman Sachs MarketBeta Total International Equity ETF 0.1 18 47 6.2 +5.2
EFAX SPDR MSCI EAFE Fossil Fuel Reserves Free ETF 0.1 20 45 5.3 +4.3
VYMI Vanguard International High Dividend Yield ETF 0.1 17 48 7.7 +6.7
EFA iShares MSCI EAFE ETF 0.1 35 30 5.5 +4.5
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 56 4.3 +3.3
VTHR Vanguard Russell 3000 ETF 0.1 7 58 4.3 +3.2
FELV Fidelity Enhanced Large Cap Value ETF 0.1 18 47 5.7 +4.7
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.1 25 40 5.0 +4.0
IWV iShares Russell 3000 ETF 0.1 20 45 4.1 +3.1
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.1 39 26 5.9 +4.9
QEFA SPDR MSCI EAFE StrategicFactors ETF 0.0 30 35 5.8 +4.8
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 61 3.3 +2.3
MMTM State Street SPDR S&P 1500 Momentum Tilt ETF 0.0 12 53 3.7 +2.7
SCHB Schwab U.S. Broad Market ETF 0.0 3 62 4.3 +3.3
SCHK Schwab 1000 Index ETF 0.0 5 60 4.4 +3.4
DFUS Dimensional U.S. Equity ETF 0.0 9 56 4.2 +3.2
SCHF Schwab International Equity ETF 0.0 6 59 5.8 +4.8
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.0 3 62 4.3 +3.3
DFAU Dimensional US Core Equity Market ETF 0.0 12 53 4.4 +3.4
EVLU iShares MSCI Emerging Markets Value Factor ETF 0.0 35 30 10.8 +9.8
VTI Vanguard Total Stock Market ETF 0.0 3 62 4.2 +3.2
DFEV Dimensional Emerging Markets Value ETF 0.0 43 22 9.7 +8.7
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.0 11 54 4.3 +3.2
BKIE BNY Mellon International Equity ETF 0.0 4 61 5.7 +4.7
DBEF Xtrackers MSCI EAFE Hedged Equity ETF 0.0 36 29 5.3 +4.3
GSID Goldman Sachs MarketBeta International Equity ETF 0.0 20 45 5.6 +4.6
JHMD John Hancock Multifactor Developed International ETF 0.0 39 26 5.9 +4.9
FLAX Franklin FTSE Asia Ex Japan ETF 0.0 19 46 7.3 +6.3
AQLT iShares MSCI Global Quality Factor ETF 0.0 18 47 0.0 -1.0
VPL Vanguard FTSE Pacific ETF 0.0 7 58 5.2 +4.2
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 20 6.6 +5.6
ACWI iShares MSCI ACWI ETF 0.0 32 33 4.7 +3.7
DEEF Xtrackers FTSE Developed ex US Multifactor ETF 0.0 24 41 6.4 +5.4
DEHP Dimensional Emerging Markets High Profitability ETF 0.0 41 24 4.9 +3.9
FNDF Schwab Fundamental International Large Co. Index ETF 0.0 25 40 7.3 +6.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.0 25 40 6.3 +5.3
SPTM State Street SPDR Portfolio S&P 1500 Composite Stock Market 0.0 3 62 4.5 +3.5
AVUQ Avantis U.S. Quality ETF 0.0 15 50 3.7 +2.7
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.0 29 36 5.7 +4.7
HFXI IQ FTSE International Equity Currency Neutral ETF 0.0 20 45 5.5 +4.5
QWLD SPDR MSCI World StrategicFactors ETF 0.0 30 35 5.0 +4.0
TOK iShares MSCI Kokusai ETF 0.0 26 39 4.4 +3.4
URTH iShares MSCI World ETF 0.0 24 41 4.4 +3.4
IPAC iShares Core MSCI Pacific ETF 0.0 9 56 5.3 +4.3
JHML John Hancock Multifactor Large Cap ETF 0.0 29 36 4.6 +3.6
AVMC Avantis U.S. Mid Cap Equity ETF 0.0 18 47 5.9 +4.9
KOKU Xtrackers MSCI Kokusai Equity ETF 0.0 9 56 4.5 +3.5
DTD WisdomTree U.S. Total Dividend Fund 0.0 28 37 5.7 +4.6
DFSV Dimensional US Small Cap Value ETF 0.0 31 34 9.0 +8.0
EBI Longview Advantage ETF 0.0 35 30 6.1 +5.0

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Global X Silver Miners ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 9.6 %
Divided by: Fwd. P/BV 5.8 x
Less: Expense ratio 65 bp
Equals: ALTAR Score 1.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.58 CATEGORY
AVERAGE		 1.58
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.