Purchase of the Aberdeen Standard Physical Silver Shares ETF (SIJustification of the investment:
1. The growth of industrial demand for silver
Industrial use accounts for a significant share of global silver consumption — about 50-55%. The main application is electronics, electrical engineering, solar panels. The demand for silver, as a key component of these
Key stats
About abrdn Physical Silver Shares ETF
Home page
Inception date
Jul 20, 2009
Structure
Grantor Trust
Replication method
Physical
Distribution tax treatment
Return of capital
Income tax type
Collectibles
Max ST capital gains rate
39.60%
Max LT capital gains rate
28.00%
Distributor
ALPS Distributors, Inc.
SIVR gives investors pure exposure to silver by holding the physical metal in trust. Each share represents a fractional interest in the trust. The metal is held with JPMorgan Chase Bank in London at a secured vault. Thus, providing a convenient way to invest in silver. It has tracked the spot price of silver perfectly. It is important to note to determine the NAV of the Trust, the value of silver is based on an ounce price as set by London Bullion Market Association at approximately 12:00 noon London divided by the number of shares outstanding for the fund at 4:00 p.m. New York time, each trading day. In addition, investors should be aware of the tax treatment as SIVR is deemed a collectible by the IRS. Aberdeen purchased the fund effective October 1, 2018 from ETF Securities. Prior to March 31, 2020, the fund was named Aberdeen Standard Physical Silver Shares ETF.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous100.00%
Top 10 holdings
SIVR : Closed the position in partsBooked profits in separate levels. Half of the position was closed in breakeven levels for a mere 0.37% whereas the remaining half was closed at 3.83%.
The position didn't move as expected and did crash a bit before moving in the anticipated direction. But there are better opportunities out there
SIVR : Bought for about 5% of the total portfolioFundamentals
The Consumer Price Index (CPI) was released in the US on September 13th, 2023, and inflation is on the rise. Year-over-year (y/y) inflation, which had been decreasing month after month for a while and had almost reached 3% in July, has spiked up to 3.2% in August and 3.7% in September.
SIVR : It's time to start accumulatingAlthough I do expect a dip of over 5%, before a rally, I'm still ready to take that risk.
There is a high probability for a crash in US equity market anytime and if that happens, commodities, especially gold and silver, should be there in the portfolio to act as a hedge. I'm not a big fan of gold
$SIVR on Watch List for Silver TradeI like $SIVR over $SLV as it is treated like a stock / ETF and not a limited partnership (LP), which $SLV is a LP (the later is a headache at tax time). Silver has been consolidating in a wide range now for about 11 months as you can see by the shaded area on the chart. It looks to me like it has al
Silver breaks out of rising wedge channel. A repeat? Or upward?We've been here before, though a 4% up day on silver is nice. If we continue up, we may see some FOMO push us up to the fictitious 'squeeze rally'. Or possibly, this was just a counter to crypto's down day. Note here that I trade SIVR because I like the sound of silver residing in London vaults. Mak
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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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.
SIVR trades at 31.45 USD today, its price has fallen −1.10% in the past 24 hours. Track more dynamics on SIVR price chart.
SIVR net asset value is 31.54 today — it's risen 2.63% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SIVR assets under management is 1.70 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.
SIVR price has risen by 1.03% over the last month, and its yearly performance shows a 4.21% increase. See more dynamics on SIVR price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.63% over the last month, showed a 6.17% increase in three-month performance and has increased by 3.03% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.63% over the last month, showed a 6.17% increase in three-month performance and has increased by 3.03% in a year.
SIVR fund flows account for 193.61 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
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.
SIVR expense ratio is 0.30%. 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, SIVR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SIVR technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SIVR shows the strong buy signal. See more of SIVR technicals for a more comprehensive analysis.
Today, SIVR technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SIVR shows the strong buy signal. See more of SIVR technicals for a more comprehensive analysis.
No, SIVR doesn't pay dividends to its holders.
SIVR trades at a premium (0.29%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SIVR shares are issued by Aberdeen Group Plc
SIVR follows the LBMA Silver Price ($/ozt). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 20, 2009.
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.