GDX vs. SIL ETF Comparison

Comparison of Market Vectors Gold Miners ETF (GDX) to Global X Silver Miners ETF (SIL)

GDX

Market Vectors Gold Miners ETF

GDX Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts of companies involved in the gold mining industry. Such companies may include medium-capitalization companies and foreign issuers. The fund normally invests at least 80% of its total assets in securities that comprise the Gold Miners Index. It may also utilize convertible securities and participation notes to seek performance that corresponds to the Gold Miners Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$33.47

Average Daily Volume

28,401,849

Number of Holdings ^*

11

* may have additional holdings in another (foreign) market

SIL

Global X Silver Miners ETF

SIL Description

The investment 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. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure broad based equity market performance of global companies involved in the silver mining industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.99

Average Daily Volume

663,450

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	GDX	SIL
30 Days	3.51%	7.68%
60 Days	22.87%	30.35%
90 Days	19.84%	21.02%
12 Months	-2.09%	2.62%

4 Overlapping Holdings

	Symbol	Grade	Weight in GDX	Weight in SIL	Overlap
	BVN	A	1.71%	7.33%	1.71%
	CDE	A	0.74%	3.85%	0.74%
	FSM	A	0.57%	3.33%	0.57%
	HL	B	1.24%	4.53%	1.24%

GDX Overweight 7 Positions Relative to SIL

	Symbol	Grade	Weight
	NEM	A	12.38%
	GOLD	B	7.54%
	GFI	B	4.92%
	RGLD	B	3.18%
	HMY	B	2.16%
	IAG	A	0.72%
	DRD	D	0.28%

GDX Underweight 5 Positions Relative to SIL

	Symbol	Grade	Weight
	GATO	B	-1.12%
	MUX	A	-1.11%
	VZLA	B	-0.63%
	NEWP	B	-0.38%
	GORO	B	-0.1%

GDX: Top Represented Industries & Keywords

Industries: Gold Industrial Metals & Minerals Silver

Keywords: Mining Gold Copper Gold Mining Molybdenum Silver Silver Mining In The United States Base Metal Bullion Electrical Transmission Harmony Gold Iamgold Lead Metals Precious And Base Metal S&P 500 Smelting Ssr Mining Inc. Zinc Zinc Mining

SIL: Top Represented Industries & Keywords

Industries: Gold Industrial Metals & Minerals Other Precious Metals & Mining Other Industrial Metals & Mining Silver

Keywords: Mining Silver Gold Silver Mining In The United States Base Metal Bullion Copper Dog Domesticated Animals Electrical Transmission Gold Mining Lead Metals Mining In Canada Precious And Base Metal Ssr Mining Inc. Zinc Zinc Mining