Global X Silver Miners

ETF description

This ETF focuses on companies involved in the silver mining industry. These companies primarily explore for, mine, and produce silver, which is a precious metal used in a variety of applications, including jewellery, electronics, and renewable energy technologies like solar panels. Silver is also used as an investment asset, often seen as a hedge against inflation or economic uncertainty.

For investors who are interested in commodities or precious metals, this ETF could be appealing due to its concentrated focus on silver mining firms. Since silver is both an industrial metal and a store of value, demand can be influenced by factors ranging from technological advancements to global economic trends.

Issuer details

Global X ETFs is a leading provider of specialized thematic and sector‑specific ETFs, with over $50 billion in assets under management as of June 2024. As a subsidiary of Mirae Asset Global Investments, Global X focuses on thematic investing. Founded in 2008 by Bruno del Ama, Global X ETFs is known for its focus on niche and innovative investment themes, allowing investors to access areas of the market experiencing rapid growth and transformation. Notable ETFs include the Global X Robotics & Artificial Intelligence ETF (BOTZ) and the Global X Lithium & Battery Tech ETF (LIT), reflecting Global X’s commitment to providing exposure to cutting‑edge industries and trends.

Index details

The Solactive Global Silver Miners Total Return index is designed to reflect the performance of the silver mining industry. It is comprised of selected companies globally that are actively engaged in some aspect of the silver mining industry, such as silver mining, refining, or exploration.