Global X Silver Miners ETF
$95.20
-19.2%
Sep 19, 2026
C
MarginalGraded against SIL's own history at this drawdown — not the market's.
What it means: SIL's own history does not strongly favor buying at this level yet.
What to do: Consider watching and waiting for a deeper dip or a higher grade.
The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("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.
Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.
In plain terms: SIL is 19.2% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
Right now SIL — Global X Silver Miners ETF — is in a moderate correction, down 19.2% from its record high. Last price: $95.2. Corrections in this band are common during macro repricings (rate scares, sector rotations, earnings shocks). The question is whether the cause is durable or transient.
SIL reaches this drawdown band repeatedly in its history (117 observations), which is a meaningful sample for the segmentation engine to compute a stable median forward return. The engine uses a rolling 90-day window and gives more weight to recent years — this lets the signal adapt to regime changes (e.g., post-COVID volatility) without losing the long-run base rate.
ETFs aggregate constituent behavior, so their drawdowns tend to be shallower but more persistent than single stocks. The median forward return at a given drawdown level for an ETF is usually a more stable signal than for an individual equity. This is the band where most successful "buy the dip" strategies have historically operated. The median forward return here for SIL is in the full app, alongside the segment-level win rate.
Five tickers closest to SIL's distance from all-time high. Same category, one tap away.
Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for SIL. Median forward returns, win rates, and prediction errors are available in the full analysis.
We segment 40+ years of SIL's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.
Years of history
40+
Drawdown bands
20
Look-ahead bias
None
Data sources
4
See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for SIL.
Dipsern is research and a second opinion — not a broker. You'd buy SIL at your own broker.
Analyze SIL FreeNo credit card required · 5 free analyses per month
Signal computed Sep 19, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.