Silver exchange traded funds (ETF) are the financial instruments that attempt to replicate the price performance of precious metal silver, or attempt to closely track and mirror the performance of a particular silver index. Silver ETFs belong to precious metal ETFs category or the larger metal and commoditites category. Investors must study the underlying of the silver ETFs properly before making investment decisions, and select the one which best fits their needs and investment principles. (See also, List of Gold ETFs.) Following is the list of all 9 exchange-traded funds that FKnol has in its database for ETFs which belong to the Silver category:
The ProShares Ultra Silver fund provides 2x the daily performance of silver bullion as measured by the fixing price, in US Dollars, for delivery in London. ...Detailed Profile Dividend Frequency: NA Dividend History
Category: Leveraged Commodities
Sprott Physical Gold and Silver Trust is an exchange traded commodity launched and managed by Sprott Asset Management, LP. The fund invests in commodity ...Detailed Profile Dividend Frequency: Dividend History
Category:
$22.39
16.92%
0%
0
3.
ETF Silver ZVZZT Corp Ltd. (ZVZZT)
The ETF Silver belonging to the Equity category, sub-sector and trading in the US market has the following ETF profile. ...See
The Global X Silver Miners ETF tracks a market-cap-weighted index of companies actively engaged in the silver mining industry ...Detailed Profile Dividend Frequency: Annually Dividend History
Category: Materials
ETFMG Prime Junior Silver ETF tracks a modified market-cap-weighted index of small-cap silver mining and exploration companies. ...Detailed Profile Dividend Frequency: Quarterly Dividend History
Category: Materials
The iShares Silver Trust tracks the silver spot price, less expenses and liabilities, using silver bullion held in London. ...Detailed Profile Dividend Frequency: NA Dividend History
Category: Precious Metals
The iShares MSCI Global Silver Miners ETF tracks a market-cap-weighted index of companies that earn the majority of their revenues from silver mining. ...Detailed Profile Dividend Frequency: Semi-Annually Dividend History
Category: Materials
Using the investors' money, these silver ETFs work by either purchasing and holding physical silver metal in the form of coins or bars which are securely kept in a safe custody, or they invest in futures and option contracts of silver, or they may invest in stocks of the companies which are engaged in the business of silver mining, exploration, jeweler or any other associated business function. These varied kinds of silver ETFs have their own pros and cons. For instance, ETFs holding physical silver may incur high cost for safe storage, while those dealing in silver derivative contracts may save money as their holdings are primarily in demat form. The silver ETFs investing in stocks of companies which are engaged in business of silver metal may be prone to market swings in stock prices.
Where do Silver ETFs Invest?
A long list of companies and different financial instruments exist where the Silver exchange-traded funds may invest the money collected from the ETF investors. Below is a small sample of companies whose stocks may qualify for investment by Silver ETFs, though there can be many more businesses and financial instruments where these ETFs can park the capital for returns:
▶ Buenaventura Mining Company Inc. (BVN): Compania de Minas Buenaventura S.A.A. (Buenaventura), incorporated on September 7, 1959, is a precious metals company. The Company is engaged in the exploration, mining and processing of gold, silver and ....Detailed Company Profile....Dividend History
▶ Hecla Mining Company (HL): Hecla Mining Company, incorporated on August 7, 2006, is engaged in discovering, acquiring, developing and producing silver, gold, lead and zinc. The Company and its subsidiaries provide precious and base ....Detailed Company Profile....Dividend History
▶ Coeur Mining, Inc. (CDE): Coeur Mining, Inc. explores for, develops, and produces gold, silver, zinc, and lead properties. It holds interests in the Palmarejo gold and silver complex located in Mexico; the Rochester silver and....Detailed Company Profile....Dividend History