SIL

Silver Miners ETF

Fund Summary

The Global X Silver Miners ETF (SIL) provides investors access to a broad range of silver mining companies.

Fund Objective

The Global X Silver Miners ETF (SIL) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Silver Miners Total Return Index.

Why SIL?

Targeted Exposure

SIL is a targeted play on silver mining.

ETF Efficiency

In a single trade, SIL delivers efficient access to a basket of companies involved in the mining of silver.

Fund Details As of 06/18/21

Key Facts

Ticker	SIL
Inception Date	04/19/10
CUSIP	37954Y848
ISIN	US37954Y8488
Bloomberg Index Ticker	SOLGLOSI
Primary Exchange	NYSE Arca
Number of Holdings	40

Stats & Fees

Net Assets	$1,387,747,727
Net Asset Value (NAV)	$43.29
Shares Outstanding	32,057,318
Total Expense Ratio	0.65%

Distributions

30-Day SEC Yield	0.78%
Distribution Frequency	Semi-Annually

Fund Documents

Fund Research

Fund Prices As of 06/18/21

NAV	$43.29	Daily Change	-$0.92	-2.09%
Market Price	$43.32	Daily Change	-$0.94	-2.12%
30-Day Median Bid-Ask Spread	0.17%

As of recent (03/31/21) As of recent (03/31/21)	Fund NAV	Market Price	Index
1 Year	67.98%	71.47%	69.19%
3 Years	11.10%	10.89%	11.67%
5 Years	10.32%	10.32%	11.02%
10 Years	-6.26%	-6.28%	-5.80%
Since Inception	0.23%	0.24%	0.83%
1 Year	38.02%	37.57%	39.23%
3 Years	19.06%	18.76%	19.71%
5 Years	9.69%	9.79%	10.46%
10 Years	-3.54%	-3.51%	-3.03%
Since Inception	2.03%	2.05%	2.66%
Year-to-Date	-12.68%	-12.54%	-12.58%
1 Month	-4.98%	-4.66%	-4.96%
3 Months	-12.68%	-12.54%	-12.58%
Since Inception	2.53%	2.61%	9.47%
Year-to-Date	6.48%	6.75%	6.93%
1 Month	16.82%	16.84%	17.10%
3 Months	15.88%	16.37%	16.25%
Since Inception	25.03%	25.24%	33.91%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Fund Characteristics As of 06/18/21

Return on Equity	12.50%
Weighted Avg. Market Cap	8,609 M
	2020	2021
Price-to-earnings	31.50	17.72
Price-to-book value	2.32	2.13

Source: AltaVista Research, LLC

Fund Risk Stats As of 06/18/21

Versus	Beta
S&P 500	0.96
MSCI EAFE	0.94
MSCI Emg. Mkts	1.12
Standard Deviation	38.70%

Source: AltaVista Research, LLC

Sector Breakdown As of 05/31/21

% of Net Assets
	Materials	99.6
	Energy	0.2
	Financials	0.2

Source: AltaVista Research, LLC

Country Breakdown As of 05/31/21

% of Net Assets
	Canada	58.0
	Russia	12.1
	United States	11.5
	Britain	5.6
	Peru	4.8
	South Korea	4.7
	Mexico	2.9
	Australia	0.4

Source: AltaVista Research, LLC

Net Assets (%)	Ticker	Name	SEDOL	Market Price ($)	Shares Held	Market Value ($)
23.44	WPM	WHEATON PRECIOUS	BDG1S92	43.65	7,498,440	327,306,906.00
12.23	POLY LN	POLYMETAL	B6T5S47	21.86	7,811,282	170,769,342.93
9.26	PAAS	PAN AMERICAN SILVER CORP	2703396	28.24	4,580,701	129,358,996.24
5.67	HL	HECLA MINING CO	2418601	7.54	10,502,587	79,189,505.98
4.87	010130 KS	KOREA ZINC CO LTD	6495428	383.27	177,490	68,027,253.06
4.66	FR CN	FIRST MAJESTIC S	2833583	16.10	4,039,971	65,058,767.56
4.65	SSRM	SSR MINING INC	BF7MQ72	15.74	4,126,155	64,945,679.70
3.67	BVN	BUENAVENTURA-ADR	2210476	9.16	5,589,351	51,198,455.16
3.60	FRES LN	FRESNILLO PLC	B2QPKJ1	11.37	4,419,367	50,238,938.42
3.47	CDE	COEUR MINING INC	2208136	9.25	5,238,283	48,454,117.75
3.18	MAG CN	MAG SILVER CORP	2581332	22.04	2,013,342	44,372,599.08
2.90	PE&OLES* MM	INDUSTRIAS PENOL	2448200	13.62	2,971,692	40,462,021.02
2.14	SIL CN	SILVERCREST METALS INC	BYVY3D2	9.03	3,302,718	29,816,112.06
1.81	FVI CN	FORTUNA SILVER MINES INC	2383033	5.82	4,346,302	25,308,774.35
1.77	EXK	ENDEAVOUR SILVER CORP	B018TM7	6.54	3,775,611	24,692,495.94
1.67	SVM CN	SILVERCORP METALS INC	2784261	5.79	4,036,525	23,375,242.16
1.20	HOC LN	HOCHSCHILD MINING PLC	B1FW502	2.22	7,562,859	16,810,529.86
1.03	GGD CN	GOGOLD RESOURCES INC	B60BNP0	2.46	5,847,417	14,371,387.51
0.91	MUX	MCEWEN MINING INC	B7M5FL7	1.42	8,911,280	12,654,017.60
0.79	GATO	GATOS SILVER INC	BN44WZ7	18.73	587,261	10,999,398.53
0.76	AYA CN	AYA GOLD & SILVER INC	BK94091	6.34	1,673,958	10,608,030.70
0.70	DSV CN	DISCOVERY SILVER CORP	BND9899	1.78	5,464,056	9,698,858.49
0.69	NUAG CN	NEW PACIFIC METALS CORP	BMW5909	4.95	1,939,888	9,597,775.25
0.69	ADT AU	ADRIATIC METALS PLC-CDI	BD215T5	1.93	4,968,617	9,593,144.99
0.61	AXU	ALEXCO RESOURCE CORP	B12G7Z6	2.63	3,227,811	8,489,142.93
0.47	VOLCABC1 PE	VOLCAN CIA MIN-B	2236063	0.12	55,504,789	6,615,253.16
0.40	GPL	GREAT PANTHER MINING LTD	B03NNF1	0.67	8,343,105	5,629,092.94
0.37	SVL AU	SILVER MINES LTD	B1HMJH5	0.21	25,019,884	5,149,010.38
0.33	USA CN	AMERICAS GOLD AN	BK7CQN3	1.54	2,959,312	4,563,574.99
0.32	GORO	GOLD RESOURCE CORP	B1DZ912	2.54	1,740,898	4,421,880.92
0.31	PRYM CN	PRIME MINING CORP	BKTTMM3	3.11	1,384,923	4,304,768.49
0.25	ABRA CN	ABRASILVER RESOURCE CORP	BMYS155	0.47	7,351,074	3,424,459.19
0.21	AUN CN	AURCANA SILVER CORP	BHZGV97	0.69	4,325,085	2,987,488.94
0.19	BCM CN	BEAR CREEK MINING CORP	2578668	1.38	1,911,155	2,640,204.49
0.17		CASH		0.98	2,366,215	2,315,825.73
0.15	SVE CN	SILVER ONE RESOURCES INC	BD9BNP0	0.51	4,043,868	2,046,212.47
0.15	AUMN	GOLDEN MINERALS CO	B3K9319	0.71	2,856,406	2,024,049.29
0.12	IPT CN	IMPACT SILVER CORP	2480592	0.55	3,143,012	1,716,596.25
0.10	AAU	ALMADEN MINERALS LTD - B	BYQX5P0	0.50	2,873,318	1,436,659.00
0.07	AAG CN	AFTERMATH SILVER LTD	BDFS6H8	0.41	2,490,471	1,020,151.97
0.05	EXN CN	EXCELLON RESOURCES INC	BMXP889	2.43	293,223	711,243.29

Holdings are subject to change.

Latest Premium / Discount As of 06/18/21

NAV	$43.29
Market Price	$43.32
Premium / (Discount)	$0.03

Current View 2021 Q2 As of 06/18/21

Days at Premium	43
Days at NAV	0
Days at Discount	12
Greatest Premium	0.61%
Greatest Discount	-0.58%

Daily Premium / Discount History As of 06/18/21

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How can the Fund trade at a premium/discount to its NAV?

The primary explanation is that timing discrepancies can arise between the NAV and the trading price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. The NAV of the Fund is only calculated once a day (normally at 4:00 p.m. eastern time). As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

What causes these time discrepancies?

Close of Trading Times. Although both the NAV and the daily market price of the Fund are generally calculated based on prices at the closing time of the exchange (generally 4:00 p.m. eastern time), slight differences in this timing may cause discrepancies.

Time of Last Trade. Trading of Global X funds generally takes place during normal trading hours (9:30 a.m. to 4:00 p.m. eastern time). However, it is important to note that the last trade - from which the closing price is determined - may not occur at exactly 4:00 p.m. eastern time. Therefore, changing market sentiment during the time difference may cause the NAV to deviate from the closing price.

International Holdings. The premiums and discounts for funds with significant holdings in international markets may be less accurate due to the different closing times of various international markets. Because the Funds trade during U.S. market hours while the underlying securities may not, the time lapse between the markets can result in differences between the NAV and the trading price.

Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments may be subject to higher volatility. There are additional risks associated with investing in silver and the silver mining industry. SIL is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Solactive AG.

SIL

Silver Miners ETF

Fund Summary

Fund Objective

Why SIL?

Targeted Exposure

ETF Efficiency

Fund Details As of 06/18/21

Key Facts

Stats & Fees

Distributions

Fund Documents

Fund Research

Fund Prices As of 06/18/21

Performance History

Fund Characteristics As of 06/18/21

Fund Risk Stats As of 06/18/21

Sector Breakdown As of 05/31/21

Country Breakdown As of 05/31/21

Top Holdings As of 06/18/21