Global X - Silver Miners ETF
SIL
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Apr 20, 2010
- CIK
- 0001432353
- Website
- globalxetfs.com
- Similar Companies
- Business
- Global X Silver Miners ETF (SIL) is an exchange-traded fund that provides investors with targeted exposure to the performance of companies involved in the silver mining industry, including those engaged in silver mining, exploration, refining, and related activities; it tracks the Solactive Global Silver Miners Total Return Index using a full replication strategy. The fund holds a diversified portfolio of 30-40 stocks, primarily market-cap weighted with some caps, featuring top holdings such as Wheaton Precious Metals Corp. (approximately 22%), Pan American Silver Corp. (13%), Coeur Mining Inc. (8%), Hecla Mining Co., Fresnillo PLC, First Majestic Silver Corp., and Korea Zinc Co. Ltd.; its sector allocation is overwhelmingly materials (99%), with minor energy exposure, and geographic focus spans Canada (62%), the United States (16%), the United Kingdom, Mexico, South Korea, Peru, and Australia. Launched on April 19, 2010, and domiciled in the United States with headquarters at 605 Third Avenue, New York, NY, SIL is issued and managed by Global X Management Company LLC, a subsidiary of Mirae Asset Global Investments following its 2018 acquisition; the issuer operates globally with ETFs available in the US, Canada, Asia, Europe, Australia, Brazil, and other regions. The ETF caters to investors seeking commodity exposure as a potential store of value or hedge amid industrial demand growth, with silver's market forecasted to expand from $7 billion in 2023 to over $11 billion by 2028 due to applications in solar panels, electronics, LED lighting, and more; it offers semi-annual distributions, a total expense ratio of 0.65%, and assets under management exceeding $3.7 billion as of late 2025. In recent developments, SIL has benefited from robust silver price performance, surging over 158% in 2025 year-to-date amid geopolitical risks, inflation concerns, and industrial demand, outperforming broader markets like the S&P 500; the fund declared a semi-annual distribution of $0.0804 per share in 2025. Global X, its issuer, has pursued strategic expansions including the October 2025 launch of four new ETFs in Canada—such as the first silver bullion covered call strategy (AGCC), exposure to China's Hang Seng TECH Index, and U.S. Treasury funds—as well as permanent management fee reductions on select products and ongoing thematic ETF innovations amid Mirae Asset's growth to over $141 billion in ETF assets, elevating it to the 12th-largest global ETF manager.