Global X Silver Miners ETFGlobal X Silver Miners ETFGlobal X Silver Miners ETF

Global X Silver Miners ETF

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Key stats


Assets under management (AUM)
‪2.94 B‬USD
Fund flows (1Y)
Dividend yield (indicated)
1.36%
Discount/Premium to NAV
Shares outstanding
‪48.69 M‬
Expense ratio
0.65%

About Global X Silver Miners ETF


Issuer
Mirae Asset Global Investments Co., Ltd.
Brand
Global X
Inception date
Apr 19, 2010
Structure
Open-Ended Fund
Index tracked
Stuttgart Solactive AG Global Silver Miners (USD)
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Global X Management Co. LLC
Distributor
SEI Investments Distribution Co.
ISIN
US37954Y8488
SIL aims to track the equity market performance of global companies involved in the silver mining industry, including those engaged in silver mining and/or closely related activities such as exploration and refining. Constituents for the underlying index are derived from a ranking system based on their average daily trading volume in the last three months expressed in USD. Its portfolio is generally composed of 20-40 stocks and is also market-cap-weighted (subject to caps). The index is adjusted semi-annually.

Broaden your horizons with more funds linked to SIL via country, focus, and more.

Classification


Asset Class
Equity
Category
Sector
Focus
Materials
Niche
Silver miners
Strategy
Vanilla
Geography
Global
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Non-Energy Minerals
Stock breakdown by region
0.8%3%89%1%4%
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SIL assets under management is ‪2.94 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SIL invests in stocks. See more details in our Analysis section.
SIL expense ratio is 0.65%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SIL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, SIL pays dividends to its holders with the dividend yield of 1.36%.
SIL shares are issued by Mirae Asset Global Investments Co., Ltd.
SIL follows the Stuttgart Solactive AG Global Silver Miners (USD). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 19, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.