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SLVR

GradeDNASDAQ Global Market

Sprott Silver Miners & Physical Silver ETF

Themes · Sprott · Inception 2025-01-14 · SEC filings

$58.61−3.60 (−5.79%)

As of Sep 23, 2026, 3:05 PM EDT

History starts Jan 15, 2025.
Intraday session: down, 68 prints from 62.21 to 58.61. Range 58.22 to 60.69. Use the arrow keys to read each point.$58.00$59.00$60.0010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$776M
1Y return
+51.1%
Yield · Last 12 months
Data unavailable
Holdings
77
Volume · 30D
0.1M sh
NAV per share
$60.84
52W range
low $38.37high $85.90

The ETF.net SLVR Grade

D

38/ 100

Rank 15 of 18 in Precious Metals Miners⁠

Confidence Medium

Six-pillar profile for SLVR. Scores out of 100: Cost 26, Risk 28, Mission not scored, Tradability 76, Holdings 29, Durability 46. Strongest: Tradability (76). Weakest: Cost (26). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 38 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 26
    Category rank15/18 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 28
    Category rank14/17 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 76
    Category rank5/18 · top 28%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 29
    Category rank17/18 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 46
    Category rank11/18 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on SLVR

ETF.net Research

DMost silver funds make you choose: the metal or the miners. SLVR holds both, tracking an index of silver-mining companies alongside physical-silver trusts, in a peer group where 'precious metals miners' usually means gold.

Stated mandate

The Fund seeks to track an index focused on silver-mining companies and physical-silver trusts. It normally invests at least 80% of total assets in securities of that index.

Why people hold it

  1. 01One wrapper, both sides of the silver trade: the index blends silver miners with physical-silver trusts, and at least 80% of assets normally sit in it.
  2. 02Genuinely silver-first. Much of its cohort (RING, GDX, GDXJ) is built around gold miners, with silver as an afterthought.
  3. 03The portfolio hews closely to the index it promises, with little style drift, and spreads across roughly 80 miners and metal trusts.

Worth knowing

  1. 01At 0.65% a year, it costs more than the typical fund in its group. AGMI (0.35%) and SLVP (0.39%) cover silver miners for less.
  2. 02One metal, one industry. Miner shares tend to amplify silver's swings in both directions, and this book is concentrated.
  3. 03Launched in 2025, so the track record is short. Volume is moderate rather than heavy, and cash comes back once or twice a year, not monthly.

SLVR Holdings

As of Sep 20, 2026, 8:58 AM
Asset class
Stocks
Holdings
77
Top-10 weight
74%
Largest holding
AG20.5%

Geography

  • Canada89.92%
  • United States4.17%
  • Australia3.31%
  • Mexico1.18%
  • Peru0.74%
  • Sweden0.41%
  • United Kingdom0.27%
The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001AGFirst Majestic Silver Corp.20.46%8,007,937$159M19
002PSLVSprott Physical Silver Trust17.91%6,403,686$139M1
003AYA.TOAya Gold & Silver Inc.8.67%2,339,625$67M47
004WPMWheaton Precious Metals Corp.4.91%252,168$38M39
005SVMSilvercorp Metals Inc.4.70%3,057,146$37M7
006EXKEndeavour Silver Corp.4.67%3,550,950$36M19
007USASAmericas Gold & Silver Corp.3.44%5,155,521$27M9
008ABRA.TOAbraSilver Resource Corp.3.30%2,668,079$26M32
009GGD.TOGoGold Resources Inc.3.06%7,596,920$24M39
010VZLAVizsla Silver Corp.3.03%5,765,607$24M5
011CDECoeur Mining Inc.2.10%825,331$16M206
012HLHecla Mining Co.1.87%765,449$14M191
013HSLV.TOHighlander Silver Corp.1.76%2,496,606$14M26
014NEWPNew Pacific Metals Corp.1.38%1,785,567$11M5
015FRES.LFresnillo PLC1.16%221,992$9M122

Showing 1–15 of 77 holdings

SLVR Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SLVR$15,108
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. SLVR $15,108. SPY $11,723. Use the arrow keys to read each point.$8,254$14,693$21,132Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SLVR. Periods over one year show the average yearly return.
PeriodSLVR
Year to date+11.5%
1 month−2.1%
3 months+17.0%
1 year+51.1%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SLVR
YearReturn barSLVR
2026 YTD+11.5%
2025+170.6%

History from Jan 15, 2025

SLVR in the news

ETF.net Research hasn’t filed on SLVR yet — coverage lands here as it’s written.

SLVR Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$2.05 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 18, 2025 $2.05. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 18, 2025Dec 22, 2025$2.05

SLVR Risk

How much the fund’s monthly returns vary, scaled to a year.
54.7%
Annualised · 19 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.48
vs 3-month T-bills · 19 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−43.7%
20 months · trough Jul 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.02
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

SLVR Cost

Expense ratio0.65%
  • The middle half of Precious Metals Miners funds
  • Median 0.52%

11 of the 18 Precious Metals Miners funds charge less.

SLVR costs $65.00 a year on $10,000. The median Precious Metals Miners fund costs $51.50.