The global silver market was estimated to be $7B in 2023, with forecasts suggesting it could grow to over $11B by 2028, thanks in part to growing demand from increased industrial applications.1
Historically, investors have turned to silver as a potential store of value. However, it also has a broad range of industrial applications, including solar panels, LED lighting, electronic devices, and more.
In a single trade, SIL delivers efficient access to a basket of companies involved in the mining of silver.
1The Business Research Company, Oct 2024
| Key Information |
| Trading Details |
| Distributions |
| Taxes |
| NAV | Daily Change | |||
| Market Price | Daily Change |
| Fund NAV | Market Price | Index | |
|---|---|---|---|
| Options Details |
| Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
|---|---|---|---|---|---|
| Exposure |
| ETF Characteristics |
| ETF Risk Stats |
| Return on Equity | 17.20% | |
| Weighted Avg. Market Cap | 20,752 M | |
| 2025 | 2026 | |
| Price-to-earnings | 39.03 | 24.42 |
| Price-to-book value | 4.61 | 3.85 |
| NAV | $91.10 | Daily Change | $2.96 | 3.36% |
| Market Price | $91.33 | Daily Change | $3.22 | 3.65% |
| VERSUS | BETA |
|---|---|
| S&P 500 | 1.07 |
| NASDAQ-100 | 0.85 |
| MSCI EAFE | 1.57 |
| MSCI Emg. Mkts | 1.25 |
| Standard Deviation | 36.00% |
| Fund NAV | Market Price | Index | |
|---|---|---|---|
| 1 Year | 129.76% | 131.16% | 131.63% |
| 3 Years | 44.71% | 45.16% | 45.77% |
| 5 Years | 18.97% | 19.16% | 19.18% |
| 10 Years | 14.56% | 14.66% | 15.02% |
| Since Inception | 5.76% | 5.82% | 6.25% |
| Sector | Weight (%) | |
|---|---|---|
| Materials | 98.9 | |
| Energy | 1.1 |
Source: AltaVista Research, LLC
All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 21.59 | WPM | WHEATON PRECIOUS METALS CORP | BDG1S92 | 130.08 | 8,466,039 | 1,101,220,022.93 |
| 13.03 | PAAS | PAN AMERICAN SILVER CORP | 2703396 | 55.35 | 12,002,200 | 664,321,770.00 |
| 10.55 | CDE | COEUR MINING INC | 2208136 | 18.37 | 29,293,825 | 538,127,565.25 |
| 5.05 | PE&OLES* MM | INDUSTRIAS PENOLES SAB DE CV | 2448200 | 54.94 | 4,686,154 | 257,476,858.74 |
| 4.89 | AG CN | FIRST MAJESTIC SILVER CORP | 2833583 | 20.30 | 12,291,517 | 249,533,730.36 |
| 4.67 | HL | HECLA MINING CO | 2418601 | 17.58 | 13,535,070 | 237,946,530.60 |
| 4.60 | FRES LN | FRESNILLO PLC | B2QPKJ1 | 43.92 | 5,337,586 | 234,403,786.16 |
| 4.18 | OR CN | OR ROYALTIES INC | BPJJWP1 | 36.93 | 5,771,672 | 213,150,977.97 |
| 3.92 | BVN | CIA DE MINAS BUENAVENTUR-ADR | 2210476 | 35.09 | 5,694,583 | 199,822,917.47 |
| 3.76 | SSRM | SSR MINING INC | BF7MQ72 | 30.91 | 6,201,861 | 191,699,523.51 |
Holdings are subject to change. "Cash" denotes U.S. dollars.
* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.