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SINV

ETFMG Prime 2x Daily Inverse Junior Silver Miners ETF

About SINV™

SINV seeks daily investment results, before fees and expenses, of -200% of the performance of the Prime Junior Silver Miners and Explorers Index, designed to give direct exposure to the silver mining exploration and production industry.

  • This leveraged ETF seeks a return that is -200% the return of its benchmark index for a single day. The Fund should not be expected to provide -2x the return of the benchmark’s cumulative return for periods greater than a day. There is no guarantee the Fund will meet its stated investment objective.
  • 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.

Why Invest in a Leveraged ETF?

  • Short-term trading seeking to amplify/capitalize on daily market movements.
  • Can be used either as a hedging vehicle or in some arbitrage strategies.
  • More efficient way of capital deployment to gain exposure.

About the Fund

The ETFMG Prime 2x Daily Inverse Junior Silver Miners ETF (SINV) seeks daily investment results, before fees and expenses, that correspond to two times (-2x) (or opposite) of the return of the Prime Junior Silver Miners & Explorers Index (the “Index”) for a single day, not for any other period. The Index provides a benchmark for investors interested in tracking public, small-cap companies that are active in the 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.

Investing in an ETFMG 2x Daily Leveraged ETF may be more volatile than investing in broadly diversified funds. The use of leverage by an ETF increases the risk to the ETF. The ETFMG 2x Daily Leveraged ETFs are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk, consequences of seeking daily leveraged, or daily inverse leveraged, investment results and intend to actively monitor and manage their investment as frequently as daily. The Fund’s returns for periods longer than a single day will very likely differ in amount, and possibly even direction, from the Fund’s 2x the return of the Index for the same period. For periods longer than a single day, the Fund will lose money if the Index’s performance is flat, and it is possible that the Fund will lose money even if the level of the Index rises.

Prime Indexes

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 www.primeindexes.com.

Related Funds
Fund Summary
Fund Inception
6/15/2021
Ticker
SINV
AUM as of 8/3/2021 1
$1,324,093
CUSIP
26924G722
ISIN
US26924G7227
Stock Exchange
NYSE ARCA
Expense Ratio 2
0.95%
Intraday NAV (IIV)
SILX.IV
NAV Symbol
SILX.NV
Rebalance Frequency
Daily
Index Provider
Prime Indexes
No. of Holdings 3
1
Index Ticker
PJRSILVN
Income Data
Fund Documents
Research

Fund Prices

Last Updated 8/3/2021

Fund Name

ETFMG Prime 2x Daily Inverse Jr Silver Miners ETF

NAV

13.24

Nav Price Change

0.30

Median Bid/Ask Spread (30 Day) (%)

0.91

Symbol

SINV

Market Price Close

13.21

Market Price Changes

0.27

Premium/Discount (%)

-0.23


Month End Performance

Last Updated 07/31/2021

NAV% Market Value%
Cumulative    
1 Month 6.76 6.13
3 Months - -
6 Months - -
YTD - -
Since Inception Cumulative 29.40 29.45
Annual    
1 Year - -
3 Year - -
5 Year - -
Since Inception Annualized - -

Quarter End Performance

Last Updated 06/30/2021

NAV% Market Value%
Cumulative    
1 Month - -
3 Months - -
6 Months - -
YTD - -
Since Inception Cumulative 21.21 21.97
Annual    
1 Year - -
3 Year - -
5 Year - -
Since Inception Annualized - -

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 8/3/2021

Name % Total Assets Ticker Shares Held Market Value USD
Cash & Other292.54%-3,873,437$3,873,437.42

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
Related Funds
Fund Summary
Fund Inception
6/15/2021
Ticker
SINV
AUM as of 8/3/2021 1
$1,324,093
CUSIP
26924G722
ISIN
US26924G7227
Stock Exchange
NYSE ARCA
Expense Ratio 2
0.95%
Intraday NAV (IIV)
SILX.IV
NAV Symbol
SILX.NV
Rebalance Frequency
Daily
Index Provider
Prime Indexes
No. of Holdings 3
1
Index Ticker
PJRSILVN
Income Data
Fund Documents
Research

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