Key stats
About Sprott Silver Miners & Physical Silver ETF
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Inception date
Jan 14, 2025
Structure
Open-Ended Fund
Replication method
Physical
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
Sprott Asset Management USA, Inc.
Distributor
ALPS Distributors, Inc.
SLVR is designed to track an index of 30-50 companies engaged in silver mining and publicly traded closed-end trusts that hold physical silver. It primarily invests in firms that derive significant revenue from silver-related activities. The fund selects securities through a proprietary methodology, classifying issuers as growing Silver Producers, Developers, or Explorerscompanies involved in extracting silver, preparing mines, or searching for silver. Qualifying securities must have a Silver Intensity Score of at least 25%. Stocks are categorized into Group 1 for scores of at least 50% using unadjusted free float market cap, and Group 2 for scores between 25% and 50% using a theme-adjusted calculation. Weights are based on modified market-cap with adjustments to limit concentration, including a cap of 17.5% for physical silver. By rebalancing semi-annually, SLVR maintains exposure to companies that contribute to the silver industry while ensuring broad exposure to the segment.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Mutual fund
Stock breakdown by region
Top 10 holdings
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
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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.
SLVR trades at 28.74 USD today, its price has risen 2.31% in the past 24 hours. Track more dynamics on SLVR price chart.
SLVR net asset value is 28.22 today — it's risen 25.61% 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.
SLVR assets under management is 65.46 M 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.
SLVR fund flows account for 58.18 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.
SLVR invests in stocks. See more details in our Analysis section.
SLVR 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, SLVR isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, SLVR doesn't pay dividends to its holders.
SLVR trades at a premium (0.51%).
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.
SLVR shares are issued by Sprott, Inc.
SLVR follows the Nasdaq Sprott Silver Miners Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 14, 2025.
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.