Global X Silver Miners ETF (SIL) Performance
SIL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −11.2% since Dec 31, 2025
- 1 year
- +10.1% total return
- 5 years
- +14.5% a year
- 10 years
- +7.5% a year
- Since first price
- +4.3% a year since 2010
SIL trailing returns vs SPY, QQQ, AGG
| Period | SIL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −19.7% | −19.7% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.6% | −1.6% | +3.2% | +1.9% | −0.4% |
| 6 months | −21.3% | −21.4% | +7.8% | +8.4% | −1.5% |
| YTD | −11.2% | −11.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +10.1% | +8.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +211.9%+46.1%/yr | +199.1% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +96.9%+14.5%/yr | +85.7% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +106.5%+7.5%/yr | +78.5% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +35.6%+2.1%/yr | +14.7% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionApr 20, 2010 | +99.9%+4.3%/yr | +67.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SIL vs SPY
From Apr 20, 2010: SIL grew to $19,992, SPY to $84,105.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SIL returns by calendar year
8 of 15 full years positive. Best 2025 (+166.2%), worst 2013 (−50.2%). 2026 is year to date.
SIL annual returns table
| Year | SIL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −11.2% | −39.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +166.2% | −22.1% | +17.7% | +20.8% | +7.2% |
| 2024 | +14.6% | −22.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +1.3% | −30.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −22.8% | −45.4% | −18.2% | −32.6% | −13.0% |
| 2021 | −18.4% | −30.6% | +28.7% | +27.4% | −1.8% |
| 2020 | +40.3% | −43.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +34.8% | −20.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −22.4% | −33.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +1.7% | −28.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +79.5% | −42.5% | +12.0% | +7.1% | +2.4% |
| 2015 | −33.1% | −45.6% | +1.2% | +9.4% | +0.5% |
| 2014 | −17.3% | −44.1% | +13.5% | +19.2% | +6.0% |
| 2013 | −50.2% | −54.9% | +32.3% | +36.6% | −2.0% |
| 2012 | +8.3% | −35.5% | +16.0% | +18.1% | +3.8% |
| 2011 | −22.0% | −35.2% | +1.9% | +3.4% | +7.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SIL largest drawdowns
Now 37.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 8, 2011 | −83.0% | Jan 19, 2016 | Oct 16, 2025 | 4.8 years | 14.5 years |
| Feb 27, 2026 | −39.4% | Jul 20, 2026 | not yet | 5 months | 8 months so far |
| Jan 3, 2011 | −23.4% | Jan 25, 2011 | Mar 1, 2011 | 22 days | 57 days |
| Oct 16, 2025 | −22.1% | Nov 4, 2025 | Dec 11, 2025 | 19 days | 56 days |
| Jan 28, 2026 | −19.7% | Feb 5, 2026 | Feb 26, 2026 | 8 days | 29 days |
| May 12, 2010 | −15.5% | May 20, 2010 | Aug 27, 2010 | 8 days | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SIL risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2010 |
|---|---|---|---|---|
| Annualized return | +55.4% | +21.1% | +8.4% | +5.1% |
| Volatility (annualized) | 44.4% | 40.1% | 37.3% | 40.5% |
| Sharpe ratio | 1.12 | 0.58 | 0.33 | 0.28 |
| Sortino ratio | 2.14 | 1.01 | 0.59 | 0.48 |
| Best month | +32.8% | +32.8% | +32.8% | +38.4% |
| Worst month | −23.7% | −23.7% | −23.7% | −25.5% |
| Best 12 months | +244.1% | +244.1% | +244.1% | +244.1% |
| Worst 12 months | +14.6% | −34.7% | −41.4% | −52.0% |
| Positive months | 64% | 55% | 45% | 46% |
| Beta vs S&P 500 | 0.52 | 0.86 | 0.88 | — |
| Correlation with S&P 500 | 0.15 | 0.34 | 0.36 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SIL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 187 | −52.0% | −5.7% | +244.1% | 45% |
| 3-year (a year) | 163 | −35.9% | +0.4% | +66.5% | 52% |
| 5-year (a year) | 139 | −25.3% | −0.1% | +24.6% | 48% |
| 10-year (a year) | 79 | −9.6% | −2.2% | +19.7% | 37% |
Every holding period starting at a month-end since 2010. Returns for 3 years and longer are annualized.
SIL performance overview
Global X Silver Miners ETF (SIL) returned +10.1% over the past year and +7.5% a year over ten years, with distributions reinvested. Since its first recorded price in 2010 it has returned +4.3% a year, turning $10,000 into about $19,992. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −83.0%, from Apr 8, 2011 to Jan 19, 2016, and it took 9.7 years to get back to the old high. SIL finished 8 of its 15 full calendar years with a gain; the best year was 2025 (+166.2%) and the worst 2013 (−50.2%). Volatility has been 40.5% a year.
Related: SIL chart, SIL holdings, SIL dividends. See the SIL overview for the latest quote and fund facts.
SIL performance FAQ
What is the SIL return over the past year?
SIL returned +10.1% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.8%.
What is the average annual return of SIL?
SIL has returned +14.5% a year over 5 years, +7.5% a year over 10 years, +4.3% a year since April 20, 2010 (total return, distributions reinvested).
How much would $10,000 invested in SIL be worth?
$10,000 invested in SIL at its first recorded close on April 20, 2010 would be worth about $19,992 on October 23, 2026 with distributions reinvested.
What was the worst year for SIL?
The worst calendar year was 2013, with a total return of −50.2%. The best was 2025 at +166.2%.
What is the biggest drawdown of SIL?
The largest peak-to-trough decline was −83.0% between April 8, 2011 and January 19, 2016. It recovered to the old high on October 16, 2025, 9.7 years after the bottom.
How volatile is SIL?
Over the past 3 years SIL had an annualized volatility of 44.4% and a Sharpe ratio of 1.12 (excess return over 1–3 month T-bills per unit of risk).