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GOEX or SIL or SILJ
Which ETF would AI Choose? Global X Gold Explorers ETF (GOEX) vs. Global X Silver Miners ETF (SIL) vs. Amplify Junior Silver Miners ETF (SILJ)
Key Takeaways
- GOEX targets gold exploration and development companies, providing differentiated exposure within the precious metals theme compared to the silver-focused SIL and SILJ.
- SIL and SILJ both emphasize silver mining but differ in market capitalization focus, with SIL capturing a broader range of producers and SILJ concentrating on smaller, junior miners.
- All three ETFs maintain similar expense ratios around 0.65%–0.69%, supporting cost-efficient access to specialized commodity equity strategies.
- Holdings counts range from 39 in SIL to 51 in GOEX and approximately 59–68 in SILJ, influencing diversification depth and concentration risk profiles.
- Sector allocations across the funds are heavily weighted toward basic materials, reflecting their pure-play commodity equity mandates.
- Structural differences in index construction—gold explorers for GOEX, broad silver miners for SIL, and junior silver miners for SILJ—create tiered risk and growth exposures within the same thematic space.
Introduction
These three exchange-traded funds (ETFs) offer investors targeted exposure to precious metals equities and warrant comparison due to their shared thematic focus on mining companies. GOEX provides access to gold exploration and development firms, while SIL and SILJ center on silver mining but apply distinct market-cap filters. The funds represent complementary approaches to the same commodity sector rather than direct index competitors, enabling investors to evaluate trade-offs in diversification, volatility, and growth potential amid fluctuating metal prices and macroeconomic conditions.
Global X Gold Explorers ETF (GOEX) Overview
The Global X Gold Explorers ETF (GOEX) seeks to track the Solactive Global Gold Explorers & Developers Total Return Index. The fund holds 51 securities focused on companies engaged in gold exploration and project development. Top holdings typically include established explorers and developers such as Equinox Gold Corp, Hecla Mining Co, and Coeur Mining Inc. The portfolio is 100% allocated to basic materials. GOEX carries an expense ratio of 0.65% and follows a passive, market-cap-weighted methodology with semi-annual rebalancing. It is structured as an open-end fund listed on NYSE Arca.
Global X Silver Miners ETF (SIL) Overview
The Global X Silver Miners ETF (SIL) aims to replicate the Solactive Global Silver Miners Total Return Index. It contains 39 holdings of companies primarily involved in silver mining, exploration, and related activities. Prominent positions often feature major producers alongside select developers. The fund maintains near-complete exposure to basic materials. SIL applies a 0.65% expense ratio and employs a passive strategy with semi-annual reconstitution and rebalancing. It operates as an open-end ETF on NYSE Arca.
Amplify Junior Silver Miners ETF (SILJ) Overview
The Amplify Junior Silver Miners ETF (SILJ) tracks the Nasdaq Junior Silver Miners Index. The fund holds approximately 59–68 securities, emphasizing smaller-capitalization companies that derive the majority of revenue from silver mining, production, or related exploration. Top holdings frequently include junior producers such as Hecla Mining Co, First Majestic Silver Corp, and Coeur Mining Inc. Allocation remains overwhelmingly in basic materials. SILJ features a 0.69% expense ratio and uses a thematic market-cap weighting approach with quarterly rebalancing. It is structured as an open-end fund on NYSE Arca.
Industry and Thematic Landscape
The precious metals mining sector responds to gold and silver price movements, industrial demand for silver in solar and electronics, and macroeconomic factors including inflation hedging and geopolitical uncertainty. Capital flows into mining equities have varied with metal price cycles, while regulatory developments around permitting and environmental standards influence project advancement. Earnings trends among major holdings reflect operational costs, reserve expansion, and metal output volumes. Geopolitical tensions and supply disruptions can amplify sector volatility, creating an environment where specialized ETFs provide differentiated entry points for thematic allocation.
Performance and Positioning Comparison
In recent market cycles, the funds have exhibited varying degrees of volatility tied to their underlying metal focus and capitalization tilt. GOEX’s emphasis on earlier-stage gold assets has produced distinct drawdown patterns compared with the silver-centric SIL and SILJ. SIL’s broader producer exposure has supported relatively stable trend consistency, whereas SILJ’s junior miner concentration has amplified sensitivity to sentiment shifts and liquidity conditions. Performance differentials arise from index construction: gold versus silver thematic tilt, and large-cap versus small-cap weighting, which affect risk-adjusted positioning across broader timeframes.
AI Screener
Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify trade ideas, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening.
Tickeron AI Verdict
Based on observable structural characteristics, SIL demonstrates relative strength through its balanced holdings count, competitive expense ratio, and broad silver miner exposure, supporting favorable diversification and cost efficiency. GOEX and SILJ offer specialized tilts that may suit distinct risk preferences, yet SIL’s positioning across recent market cycles reflects solid momentum stability and risk-adjusted attributes within the thematic group.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
GOEX in downward trend: 10-day moving average crossed below 50-day moving average on October 05, 2026
The 10-day moving average for GOEX crossed bearishly below the 50-day moving average on October 05, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 14 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 90%.
Technical Analysis (Indicators)
Bearish Trend Analysis
GOEX moved below its 50-day moving average on September 28, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOEX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 84%.
The Aroon Indicator for GOEX entered a downward trend on October 23, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The 50-day moving average for GOEX moved above the 200-day moving average on September 28, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +0.44% 3-day Advance, the price is estimated to grow further. Considering data from situations where GOEX advanced for three days, in 276 of 310 cases, the price rose further within the following month. The odds of a continued upward trend are 89%.
GOEX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
SIL's Indicator enters downward trend
The Aroon Indicator for SIL entered a downward trend on October 23, 2026. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 150 similar instances where the Aroon Indicator formed such a pattern. In 132 of the 150 cases the stock moved lower. This puts the odds of a downward move at 88%.
Technical Analysis (Indicators)
Bearish Trend Analysis
SIL moved below its 50-day moving average on September 28, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for SIL crossed bearishly below the 50-day moving average on October 02, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 86%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SIL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 86%.
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The 50-day moving average for SIL moved above the 200-day moving average on October 07, 2026. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +3.73% 3-day Advance, the price is estimated to grow further. Considering data from situations where SIL advanced for three days, in 296 of 321 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.
SIL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
SILJ in downward trend: price dove below 50-day moving average on September 28, 2026
SILJ moved below its 50-day moving average on September 28, 2026 date and that indicates a change from an upward trend to a downward trend. In 34 of 36 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are 90%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day moving average for SILJ crossed bearishly below the 50-day moving average on September 30, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 15 of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 90%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SILJ declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 89%.
The Aroon Indicator for SILJ entered a downward trend on October 23, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a +3.72% 3-day Advance, the price is estimated to grow further. Considering data from situations where SILJ advanced for three days, in 282 of 308 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.
SILJ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
| GOEX | SIL | SILJ | |
|---|---|---|---|
| RSI ODDS (%) | 2 days ago 90% | 2 days ago 90% | 2 days ago 90% |
| Stochastic ODDS (%) | 2 days ago 90% | 2 days ago 90% | 2 days ago 90% |
| Momentum ODDS (%) | N/A | N/A | N/A |
| MACD ODDS (%) | N/A | N/A | N/A |
| TrendWeek ODDS (%) | 2 days ago 85% | 2 days ago 87% | 2 days ago 89% |
| TrendMonth ODDS (%) | 2 days ago 84% | 2 days ago 88% | 2 days ago 90% |
| Advances ODDS (%) | 4 days ago 89% | 9 days ago 90% | 9 days ago 90% |
| Declines ODDS (%) | 2 days ago 84% | 2 days ago 86% | 2 days ago 89% |
| BollingerBands ODDS (%) | 2 days ago 90% | 2 days ago 90% | 2 days ago 90% |
| Aroon ODDS (%) | 2 days ago 83% | 2 days ago 88% | 2 days ago 90% |
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| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| SPMV | 50.75 | N/A | N/A |
| Invesco S&P 500 Minimum Variance ETF | |||
| PFFD | 17.16 | -0.04 | -0.23% |
| Global X U.S. Preferred ETF (PFFD) | |||
| JUNW | 34.88 | -0.09 | -0.26% |
| AllianzIM U.S. Equity Buffer20 Jun ETF (JUNW) | |||
| XLVI | 27.14 | -0.10 | -0.37% |
| State Street Health Care Select Sector SPDR Premium Income ETF (XLVI) | |||
| GOEX | 72.32 | -1.77 | -2.39% |
| Global X Gold Explorers ETF (GOEX) | |||
SIL and
Correlation & Price change
A.I.dvisor indicates that over the last year, SIL has been closely correlated with PAAS. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if SIL jumps, then PAAS could also see price increases.
| Ticker / NAME | Correlation To SIL | 1D Price Change % | ||
|---|---|---|---|---|
| SIL | 100% | -2.54% | ||
| PAAS - SIL | 95% Closely correlated | -2.24% | ||
| WPM - SIL | 95% Closely correlated | -2.14% | ||
| CDE - SIL | 91% Closely correlated | -3.10% | ||
| OR - SIL | 90% Closely correlated | -1.44% | ||
| VZLA - SIL | 82% Closely correlated | -3.13% | ||
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