Over the last 2 months since the end of May, precious metals have performed well.  The ETFMG Prime Junior Silver ETF (SILJ) has outperformed both commodities Gold (GCQ9) and Silver (SIU), given strong fundamentals and analysts’ sentiment related to the mining sector in general.

Performance for short time periods may not be indicative of future performance. For complete performance history, visit SILJ’s fund page.

Expense Ratio: 0.69%     Inception Date: 11/29/2012

SILJ’s daily trade volume has spiked relative to its history, a reflection of bullish sentiment following the selloff of precious metals earlier in the year.

The SILJ portfolio has had many winners over this period. First Majestic Silver (AG), now more than 13% of SILJ recently announced excellent 2nd quarter production at two of its newer facilities in San Dimas and Santa Elena.  Coeur Mining (CDE)’s shares have climbed almost 68% over the last 8 weeks. And Pan American Silver (PAAS CN) recently received a positive report from CanAccord’s sliver mining analyst, citing “a strong balance sheet and growing production profile.” 

SILJ – Top Performing Holdings, 5/31/2019 – 8/2/2019

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 statutory prospectuses available on www.etfmg.com. Please read the prospectus carefully before investing.

Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Narrowly focused investments typically exhibit higher volatility. Investments in foreign securities involve political, economic and currency risks, greater volatility and differences in accounting methods. These risks are greater for investments in emerging markets. The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual issuer volatility than a diversified fund. Funds that are less diversified across countries or geographic regions are generally riskier than more geographically diversified funds and risks associated with such countries or geographic regions may negatively affect a Fund. Investments in small capitalization companies tend to have limited liquidity and greater price volatility than large-capitalization companies.

The ETFMG Prime Junior Silver ETF is subject to risks associated with the worldwide price of silver and the costs of extraction and production. Worldwide silver prices may fluctuate substantially over short periods of time, so the Fund’s share price may be more volatile. Several foreign countries have begun a process of privatizing certain entities and industries. Privatized entities may lose money or be renationalized. The Fund invests in some economies that are heavily dependent upon trading with key partners. Any reduction in this trading may cause an adverse impact on the economy in which the Fund invests.

The Fund is distributed by ETFMG Financial LLC.

Author Portrait
With more than 30 years’ experience in investment management, James brings a wealth of experience in global markets to ETFMG’s platform. Prior to joining ETFMG, James held Senior Portfolio Management roles at Deutsche Bank, Geode Capital Management, and SSgA, where he was a member of the team that in 1994 launched the first-ever ETF. James holds a Bachelor of Science degree in Applied Mathematics from the University of Massachusetts, Amherst.