Silver Miners ETF Tops, North American Pipeline Fund Lags in Tuesday Trading

The Global X Silver Miners ETF is outperforming other ETFs, up 2% on Tuesday. Components of this ETF showing strength include Avino Silver & Gold Mines and Vizsla Silver, up 3.7% and 3.5% respectively. Conversely, the Tortoise North American Pipeline Fund ETF is down 2.3%, with Oneok and Archrock experiencing declines of 6.9% and 5.8% respectively.

The Global X Silver Miners ETF (SIL) outperformed other ETFs on Tuesday, July 2, 2025, rising by approximately 2%. Among the components of this ETF, Avino Silver & Gold Mines and Vizsla Silver demonstrated notable strength, increasing by 3.7% and 3.5% respectively. Conversely, the Tortoise North American Pipeline Fund ETF (TPYP) underperformed, declining by 2.3%. Shares of Oneok and Archrock, key components of the pipeline fund, experienced declines of 6.9% and 5.8% respectively.

The strong performance of the silver miners ETF can be attributed to positive developments in the silver mining sector. Companies like Avino Silver & Gold Mines and Vizsla Silver have reported high-grade exploration results and expanded their mineral resources, indicating robust growth prospects [1].

In contrast, the underperformance of the Tortoise North American Pipeline Fund ETF may be linked to broader market trends or sector-specific challenges. The decline in shares of Oneok and Archrock could be due to various factors, including changes in energy prices or regulatory environments [2].

Investors should closely monitor these developments and consider the potential impact on their portfolios. As the silver mining sector continues to show promise, the performance of ETFs like SIL may remain strong. However, the pipeline fund's underperformance underscores the importance of diversifying investments across different sectors.

References:
[1] https://www.juniorminingnetwork.com/mining-stocks/silver-mining-stocks.html
[2] https://www.nasdaq.com/articles/tuesdays-etf-movers-sil-tpyp