Sprott Silver Miners & Physical Silver ETF
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As of January 17, 2025
NAV
$21.21
NAV Daily Change
+$0.13
+0.62%
NAV Since Inception Cumulative Change1
2.07%
Ticker
SLVR
Market Price2
$21.33
Premium/Discount3
0.57%
Total Net Asset Value
$2.12 Million
Net Total Expense Ratio4
0.65%
Overview
Key Points
- Pure-Play† Silver ETF – The only†† silver ETF focused on silver miners and physical silver.
- One of the World’s Oldest Currencies –Silver has value as a precious metal investment with historically low correlation to other asset classes.††† Investments span coins, bars, jewelry and silverware.
- Critical to Energy and Technology – Silver is a critical material that is used across a variety of advancing industries, including solar energy, AI, automotive technology and healthcare. Silver demand significantly exceeded supply in each of the last five years and is forecast to rise.††††
- Well-Positioned Companies – Companies upstream in the supply chain may be well-positioned to benefit from the increased investment in silver necessary to meet rising industrial demand and growing investment interest in precious metals.
Investment Objective
Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) seeks to provide investment results that (before fees and expenses) correspond generally to the total return performance of the Nasdaq Sprott Silver Miners™ Index (NSLVR™) by investing at least 80% of its total assets in securities of NSLVR™. The Index is designed to track the performance of a selection of securities in the silver industry, including silver producers, developers and explorers, and physical silver.
†The term “pure-play” relates directly to the exposure that the Fund has to the total universe of investable, publicly listed securities in the investment strategy.
††Based on Morningstar’s universe of Precious Metals Sector Equity ETFs as of 1/14/2025.
†††Source: The Relevance of Silver in a Global Multi-Asset Portfolio, The Silver Institute, September 2022.
††††Source: Metals Focus: World Silver Survey 2024, The Silver Institute. Data as of 12/31/2023.
Key Facts
Ticker
SLVR
Listing Exchange
Nasdaq
Benchmark Index
NSLVR
Index Rebalance Frequency
Semi-Annually in June & December
ISIN
Show ISIN
ISIN: US85208P8730
Copyright 2025, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
CUSIP
Show CUSIP
CUSIP: 85208P873
Copyright 2025, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
Inception Date
January 14, 2025
Adviser
Sprott Asset Management USA, Inc.
Sub-Adviser
ALPS Advisors, Inc.
Distributor
ALPS Distributors, Inc.
Fees & Expenses4
| Management Fee | 0.65% |
| Other Expenses | 0.00% |
Total Annual Fund Operating Expenses |
0.65% |
ETF Fund Details
January 15, 2025
Total Net Assets
$2,117,317.35
Shares Outstanding
100,000.00
Number of Holdings
50
Median 30 Day Bid Ask Spread
n/a*
Performance
Data Not Yet Available
| Fund | 1 MO* | S.I.*1 |
| Sprott Silver Miners & Physical Silver ETF (Net Asset Value) |
-- | -- |
| Sprott Silver Miners & Physical Silver ETF (Market Price)2 |
-- | -- |
| Nasdaq Sprott Silver Miners™ Index (Benchmark)5 |
-- | -- |
| MSCI All Country World Index5 | -- | -- |
Performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than actual data quoted. Call 888.622.1813 or visit www.sprottetfs.com for current month end performance. 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.
* Returns less than one year are not annualized.
1 Inception Date: 1/14/2025.
2 Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
3 The Premium/Discount is the amount (stated in dollars or percent) by which the selling or purchase price of an ETF is greater than (premium) or less than (discount) its face amount/value or net asset value (NAV).
4 Reflects Total Annual Operating Expenses as outlined in the most recent prospectus. For the services the Adviser (Sprott Asset Management USA, Inc.) provides to the Fund, the Adviser is entitled to receive an annual advisory fee from the Fund calculated daily and paid monthly at an annual rate of 0.65% of net assets.
5 The Nasdaq Sprott Silver Miners™ Index (NSLVR™) was co-developed by Nasdaq® (the “Index Provider”) and Sprott Asset Management LP (the “Sponsor”). The Index Provider and Sponsor co-developed the methodology for determining the securities to be included in the Index and the Index Provider is responsible for the ongoing maintenance of the Index. The Sponsor will provide certain services in connection with the Index including contributing inputs in connection with the eligibility and process to determine the initial selection and ongoing composition of the Index constituents. The MSCI All Country World Index (MSCI ACWI) includes stocks from 23 developed countries and 24 emerging markets, covering approximately 85% of the global investable equity opportunity set. One cannot invest directly in an index.
Market Price vs. Net Asset Value Since Inception
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: January 14, 2025.
Historical Premium/Discount: Market Price to Net Asset Value
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: January 14, 2025.
Frequency Distribution: Premium/Discount
Trading Days Each Quarter
Data updated as of January 17, 2025
| CY 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
| Days Traded at Premium | -- | -- | -- | -- | -- |
| Days Traded at Discount | -- | -- | -- | -- | -- |
Index Portfolio Characteristics
As of 1/14/2025
| Number of Issuers | 50 |
| Market Cap (millions) | $61,248.86 |
| Weighted Avg. Company Market Cap (millions) | $2,503.57 |
| Market Cap Breakdown | |
| Large (>$10B) | 4.63% |
| Medium ($2 -$10B) | 7.42% |
| Small (<$2B) | 69.83% |
| Not Classified | 18.13% |
| Material Weightings††† | |
| Silver Equities | 66.58% |
| Physical Silver | 18.13% |
| Other Equities | 15.29% |
Index Company Domicile Breakdown
As of 1/14/2025
Holdings
As of 1/17/2025
| Security | Market Value | Symbol | SEDOL | Quantity | Weight |
|---|---|---|---|---|---|
| Sprott Physical Silver Trust | $382,768.00 | PSLV | B5SW4F5 | 37,600 | 18.05% |
| MAG Silver Corp. | $295,056.50 | MAG | B01CJZ2 | 19,450 | 13.91% |
| Aya Gold & Silver Inc. | $199,554.86 | AYA CN | BK94091 | 23,860 | 9.41% |
| Endeavour Silver Corp. | $127,939.50 | EXK | B018TM7 | 36,450 | 6.03% |
| First Majestic Silver Corp. | $124,832.92 | AG | B01DH95 | 21,376 | 5.89% |
| Vizsla Silver Corp. | $111,129.60 | VZLA | BSB7Q07 | 57,880 | 5.24% |
| GoGold Resources Inc. | $99,029.96 | GGD CN | B60BNP0 | 103,820 | 4.67% |
| Silvercorp Metals Inc. | $98,621.60 | SVM | B01DQT8 | 32,020 | 4.65% |
| Wheaton Precious Metals Corp. | $97,631.30 | WPM | BDG1S92 | 1,690 | 4.60% |
| AbraSilver Resource Corp | $76,656.30 | ABRA CN | BR4XSQ5 | 39,750 | 3.61% |
| Hecla Mining Co. | $44,385.00 | HL | 2418601 | 8,250 | 2.09% |
| Americas Gold & Silver Corp. | $43,368.22 | USAS | BK7CQM2 | 87,260 | 2.05% |
| Triple Flag Precious Metals Co | $37,508.80 | TFPM | BMDVH13 | 2,380 | 1.77% |
| New Pacific Metals Corp. | $36,704.20 | NEWP | BMX73Y6 | 29,720 | 1.73% |
| Hercules Metals Corp. | $28,342.84 | BIG CN | BR2NNV7 | 69,500 | 1.34% |
| Industrias Penoles SAB de CV | $27,196.83 | PEOLES* | 2448200 | 1,950 | 1.28% |
| Silver Mines Ltd. | $24,142.54 | SVL AU | B1HMJH5 | 475,140 | 1.14% |
| Fresnillo PLC | $23,181.85 | FRES LN | B2QPKJ1 | 2,860 | 1.09% |
| Coeur Mining Inc. | $21,321.00 | CDE | 2208136 | 3,450 | 1.01% |
| Aftermath Silver Ltd | $21,081.73 | AAG CN | BDFS6H8 | 61,000 | 0.99% |
| Silver Tiger Metals Inc | $20,670.61 | SLVR CN | BLFLCL9 | 115,020 | 0.97% |
| Societe Metallurgique D'imiter | $16,373.62 | SMI MC | 6007759 | 80 | 0.77% |
| Unico Silver Ltd | $15,560.69 | USL AU | BQXR4J6 | 125,560 | 0.73% |
| GR Silver Mining Ltd | $14,122.76 | GRSL CN | BKQPZ70 | 104,780 | 0.67% |
| Kootenay Silver Inc | $13,954.03 | KTN CN | BR1YVC8 | 19,600 | 0.66% |
| Andean Precious Metals Corp | $13,816.00 | APM CN | BNDS6V4 | 14,590 | 0.65% |
| IMPACT Silver Corp | $12,932.71 | IPT CN | 2480592 | 77,960 | 0.61% |
| SSR Mining Inc. | $12,954.00 | SSRM | BF7MQ72 | 1,700 | 0.61% |
| Hochschild Mining PLC | $10,653.86 | HOC LN | B1FW502 | 3,970 | 0.50% |
| Outcrop Silver & Gold Corp | $10,502.33 | OCG CN | BP4X0B0 | 67,530 | 0.50% |
| Silver One Resources Inc | $10,575.84 | SVE CN | BD9BNP0 | 72,860 | 0.50% |
| Sun Silver Ltd | $10,239.12 | SS1 AU | BNQQTG1 | 22,950 | 0.48% |
| Sotkamo Silver AB | $8,337.17 | SOSI1HIX | B89P443 | 90,160 | 0.39% |
| Investigator Resources Ltd | $7,755.10 | IVR AU | B1V35Y3 | 500,610 | 0.37% |
| Adriatic Metals PLC | $7,284.03 | ADT1 LN | BL0L5G0 | 2,850 | 0.34% |
| Discovery Silver Corp | $2,722.38 | DSV CN | BND9899 | 4,190 | 0.13% |
| Avino Silver & Gold Mines Ltd. | $1,639.00 | ASM | B05P311 | 1,490 | 0.08% |
| Dolly Varden Silver Corp | $1,700.36 | DV CN | BYPYQH3 | 2,460 | 0.08% |
| Prime Mining Corp | $1,295.66 | PRYM CN | BKTTMM3 | 1,150 | 0.06% |
| Perenti Global Ltd. | $1,113.76 | ASL AU | BSFS736 | 1,720 | 0.05% |
| Blackrock Silver Corp | $1,071.23 | BRC CN | BNGHFP5 | 3,690 | 0.05% |
| Integra Resources Corp. | $1,081.04 | ITR CN | BRK42Y8 | 1,360 | 0.05% |
| Guanajuato Silver Co Ltd | $858.89 | GSVR CN | BMDM727 | 6,540 | 0.04% |
| Santacruz Silver Mining Ltd | $877.00 | SCZ CN | B7LK5P7 | 4,160 | 0.04% |
| Apollo Silver Corp | $482.05 | APGO CN | BN2D4J4 | 3,170 | 0.02% |
| Eloro Resources Ltd | $521.58 | ELO CN | BRCYY73 | 770 | 0.02% |
| Hycroft Mining Holding Corp | $387.00 | HYMC | BS70KX1 | 180 | 0.02% |
| Southern Silver Exploration Co | $439.95 | SSV CN | BQVP7B5 | 3,350 | 0.02% |
| Fuerte Metals Corp | $260.79 | FMT CN | BRQN205 | 490 | 0.01% |
| Cash Equivalent | $-72.41 | $-72.41 | 0.03% |
49 total, excluding cash and cash equivalents. Subject to change.
Distributions
Ex-Date |
Record Date |
Payable Date |
Short-Term Capital Gains |
Long-Term Capital Gains |
Ordinary Income |
Total Distributions |
|---|---|---|---|---|---|---|
- |
- |
- |
- |
- |
- |
- |
Literature
Fact Sheet
Quarterly Investor Presentation
Regulatory Documents
News and Press Release
Commentary
Silver's Impressive Strength in 2024
We believe that silver continues to offer a compelling investment opportunity due to its unique market dynamics. For investors, a diversified portfolio that balances physical assets and mining equities may offer exposure to silver's stability as a store of value and its growth potential as a critical industrial metal.
Real Assets in Focus: Gold, Silver, Copper and Uranium
Unlock the power of real assets investing with Sprott’s Masterclass video. Dive into gold, silver, copper and uranium with industry experts Ed Coyne, Ryan McIntyre and Steve Schoffstall as they reveal strategies to navigate global uncertainties and identify opportunities. Discover how to leverage precious metals and critical materials to potentially build a resilient, future-ready portfolio.
How to Purchase
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Contact Us
Investment Adviser
Sprott Asset Management USA, Inc.
320 Post Road, Suite 230
Darien, CT 06820
Telephone: 888.622.1813
Distributor and Sub-Adviser
ALPS
1290 Broadway, Suite 1100
Denver, CO 80203
Client Services
Financial Advisors and Investors
Telephone: 888.622.1813
Email: bullion@sprott.com
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Sprott ETFs
P.O. Box 1107
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Suite 1100
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