An ETF providing direct exposure to the silver mining exploration and production industry.
- The first and only ETF to target small cap silver miners.
- Silver is the most electrically conductive metal in the world and has significant industrial application (solar panels, medical devices, smart phones) and acts as a store of value (coins, bars, jewelry).
- This asset class is uncorrelated to most broad equity markets and can be a great method of diversification.
About the Fund
The ETFMG Prime Junior Silver Miners ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Prime Junior Silver Miners & Explorers Index. The index provides a benchmark for investors interested in tracking public, small-cap companies that are active in silver mining exploration and production industry.
About the Index
The Prime Junior Silver Miners & Explorers Index is designed to provide a benchmark for investors interested in tracking public, small-cap companies that are active in the silver mining exploration and production industry. The stocks are screened for liquidity and weighted according to modified free-float market capitalization. The Index generally is comprised of 25–35 securities. An investment cannot be made directly in an index.
Prime Indexes creates financial indexes that solve problems for both professional and self-directed investors. Prime Indexes are used as the basis for innovative new investment solutions for investors and use intuitive design principles so that new investment products can ultimately provide low-cost, efficient, and convenient access.
For more information, visit primeindexes.com
Last Updated 8/8/2020
ETFMG Prime Junior Silver Miners ETF
Market Price Changes
Market Price Close
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Month End Performance
Last Updated 07/31/2020
|Since Inception Cumulative||-17.30||-17.16|
|Since Inception Annualized||-2.45||-2.42|
Quarter End Performance
Last Updated 06/30/2020
|Since Inception Cumulative||-36.54||-36.02|
|Since Inception Annualized||-5.82||-5.72|
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 1-844-ETF-MGRS (1-844-383-6477).
Top 10 Holdings
Last Updated 8/8/2020
|Name||% Total Assets||Ticker||Shares Held||Market Value USD|
|PAN AMERICAN SILVER CORP||12.25%||PAAS CN||1,508,353||$55,338,028.30|
|HECLA MNG CO||11.92%||HL||8,803,385||$53,876,716.20|
|FIRST MAJESTIC SILVER CORP||10.34%||AG||3,602,044||$46,718,510.68|
|YAMANA GOLD INC||6.20%||AUY||4,322,940||$28,012,651.20|
|HOCHSCHILD MINING||5.34%||HOC LN||6,127,732||$24,120,392.12|
|SILVERCORP METAL INC COM||4.63%||SVM CN||2,836,288||$20,921,611.72|
|HARMONY GOLD MINING CO LTD||4.18%||HMY||2,955,067||$18,882,878.13|
|MAG SILVER CORP COM||4.13%||MAG CN||1,137,717||$18,672,146.27|
|COMPANIA DE MINAS BUENAVENTURA SPONSORED ADR||3.88%||BVN||1,343,639||$17,547,925.34|
|SILVERCREST METALS INC||3.51%||SIL CN||1,652,509||$15,869,915.66|
Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.Premium Discount Chart
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