VS
Compare Global X Silver Miners Index ETF (SLVX) vs iShares S&P/TSX Global Base Metals Index ETF (XBM) to find the best fit for your portfolio. SLVX provides Non-Energy Materials and Consumer Non-Cyclicals exposures, while XBM is primarily weighted in Non-Energy Materials and Industrials. When evaluating costs, SLVX features a management fee (MER) of 0.5%, compared to 0.55% for XBM. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
SLVX
XBM
| AuM | $7.97 M | $559.15 M |
| Management Fees | 0.50% | 0.55% |
| Exp. ratio | 0.50% | 0.60% |
| Tracking Difference | 0.04% | -1.14% |
Historical performance and flows
As of July 17, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SLVX | -17.55% | - | - | - | - |
XBM | -17.06% | -12.94% | +9.32% | +54.74% | +65.30% | |
| Flows | SLVX | +$3 M | - | - | - | - |
XBM | +$3 M | +$65 M | +$202 M | +$218 M | +$204 M |
SLVX vs XBM exposure
Countries
SLVX
Canada
59.79%
USA
20.10%
Mexico
9.71%
Other
10.40%
XBM
Canada
40.93%
USA
33.03%
Australia
10.67%
United Kingdom
10.50%
Sectors
SLVX
Non-Energy Materials
98.38%
XBM
Non-Energy Materials
99.52%
As of July 17, 2026
Top 10 Holdings
SLVX
Wheaton Precious Metals Corp.
21.43%
Pan American Silver Corp.
13.06%
Coeur Mining, Inc.
10.80%
Industrias Peñoles SAB de CV
5.20%
First Majestic Silver Corp.
4.96%
Hecla Mining Co.
4.59%
Fresnillo Plc
4.51%
OR Royalties, Inc.
4.11%
Compañía de Minas Buenaventura SAA
4.01%
SSR Mining, Inc.
3.70%
XBM
BHP Group Ltd.
10.67%
Rio Tinto Plc
10.17%
Teck Resources Limited
9.83%
Freeport-McMoRan, Inc.
9.40%
First Quantum Minerals Ltd.
6.89%
Lundin Mining Corp.
6.68%
Alcoa Corp.
6.65%
Southern Copper Corp.
5.28%
Hudbay Minerals, Inc.
3.84%
MP Materials Corp.
2.88%
Diversification
SLVX
Total weight of top 10 holdings out of 34 total
76.36%
XBM
Total weight of top 10 holdings out of 56 total
72.30%
Characteristics
Compare
SLVX
XBM
| Provider | Global X | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | Solactive Global Silver Miners Index NTR - CAD | S&P/TSX Global Base Metals Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 0.76% |
| Meets ESG criteria | No | No |
| Inception Date | May 12, 2022 | April 12, 2011 |
Frequently asked questions about SLVX and XBM
Which ETF is larger by assets under management: SLVX or XBM?
As of July 17, 2026, SLVX manages $7.97 M in assets, while XBM manages $559.15 M. XBM is the larger fund by AUM.
How are SLVX and XBM managed?
SLVX is passively managed by Global X. It tracks the Solactive Global Silver Miners Index NTR - CAD benchmark. XBM is passively managed by iShares. It tracks the S&P/TSX Global Base Metals Total Return Index - CAD benchmark.
What sectors do SLVX and XBM emphasize?
SLVX is most exposed to Non-Energy Materials and Consumer Non-Cyclicals. XBM is most exposed to Non-Energy Materials and Industrials.
How do the fees of SLVX and XBM compare?
SLVX has an expense ratio of 0.50%, while XBM has an expense ratio of 0.60%.
What are the top holdings of SLVX and XBM?
SLVX's largest holdings include Wheaton Precious Metals Corp., Pan American Silver Corp., and Coeur Mining, Inc.. XBM's top holdings include BHP Group Ltd., Rio Tinto Plc, and Teck Resources Limited.
Which ETF is more diversified: SLVX or XBM?
SLVX holds 34 securities, while XBM holds 56. On holdings count, XBM is the more diversified portfolio.
Recent articles about SLVX and XBM
Silver Leads Canada’s Precious Metals ETF Rally
Silver is driving Canada’s ETF performance as precious metals climb to record and multi-year highs.
Posted on 9/29/2025 by ETF Market Canada inCommodities
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