Gold & silver
Silver miners ETF: equities instead of metal
Buying miners means buying companies, not metal. With largely fixed costs, a rising silver price expands margins faster than the metal moves, and the reverse is equally true.
- Ticker
- SLVP / SIL
- ISIN
- IE00B6TQLL42
- Issuer
- iShares / Global X
- Ongoing charges
- ±0,55% per jaar
- Structure
- Physically replicating equity ETF of mining companies
Figures are indicative and checked periodically. Always verify the ISIN, ongoing charges and index in the issuer's latest KID and factsheet before you invest.
Operational leverage
At an all-in cost of $20 and a silver price of $25, a move to $30 doubles the margin on a 20% metal move.
Risks physical silver does not carry
Permits, local politics, strikes, ore grades and equity dilution can leave miners behind the metal even in a good market.
Ofte stilte spørsmål
Does it track silver one for one?
No, correlation is high but amplitude is larger.
This is information, not investment advice. Past performance says nothing about future returns; you can lose your investment.