This study investigates the combined influence of Si element and reinforcing particles on the hardness and wear performance of aluminum matrix composites. The composites in focus include Fe‐based metallic glass (FMG) monolithic reinforced and FMG/SiC hybrid reinforced Al‐5 wt% Si matrix composites, fabricated through spark plasma sintering (SPS). A comprehensive investigation is carried out, encompassing the analysis of microstructural attributes and the examination of worn surfaces through field emission scanning electron microscopy (FESEM). Additionally, the study scrutinized two pivotal factors—hardness and density—recognizing their pivotal roles in determining the tribological performance of these composites. The experimental findings demonstrated the presence of an oxide protective layer on the worn surfaces of all specimens. Although, FMG/SiC hybrid reinforced Al‐5 wt% Si matrix composite possessed the highest hardness value, the best tribological performance is observed in Si‐bearing monolithic reinforced composite. The addition of Si to the matrix of monolithic reinforced composite facilitates improved densification behavior and enhances the distribution of reinforcing particles, resulting in a more stable and protective oxide layer in this specific sample. Furthermore, the study identifies a transition in the operative wear mechanisms from delamination to mild abrasion and adhesion with the inclusion of Si element.