AUMI vs SLVP

AUMIBThemes Gold Miners ETF

SLVPBiShares MSCI Global Silver and Metals Miners ETF

In short

AUMI Gold miners with the blends stripped out. AUMI tracks an index of roughly 30 large miners that must earn at least 90% of revenue from gold, and it charges less than the typical fund in its group.

SLVP About 40 global silver and metals miners in one ticker, priced below the typical precious-metals miner fund. Running since 2012, and read the 'metals miners' part of the name: the index reaches past pure silver plays.

Stated mandate

AUMI The Fund seeks to track, before fees and expenses, an index of companies active in the gold mining industry. It uses a passive/indexing approach to pursue that objective.

SLVP The fund is designed to follow an index of worldwide companies whose principal business is silver exploration or metals mining.

Why people hold it

• AUMI The "pure" in the index name is a rule: members must generate at least 90% of revenue from gold mining, so copper-and-gold conglomerates and diversified diggers stay out.solactive.comthemesetfs.com
• A 0.35% fee undercuts the peer-group median and the category's household names, VanEck's GDX (0.51%) and iShares' RING (0.39%).
• Roughly 30 names, free-float weighted, rebuilt on a set schedule: a concentrated, rules-based way to own the diggers rather than the metal.solactive.com

• SLVP 0.39% a year undercuts the 0.52% median for precious-metals miner funds, and matches the fee on the iShares gold-miner sibling, RING.
• Global mandate, not a US-listing screen: the MSCI ACWI Select Silver Miners IMI covers worldwide companies whose principal business is silver exploration or metals mining.
• Trading since 2012, one of the longer-running silver miner funds on the shelf, and it stands among the stronger implementations in its precious-metals mining peer group.

Worth knowing

• AUMI Thinly traded and small next to the group's giants, so bid-ask spreads can be wider and big orders can push the price.
• Concentrated by design and non-diversified: about 30 miners, one commodity, plus mine-level risks like costs, permits and politics.themesetfs.com
• Launched in December 2023, so the live track record is short, and cash comes back once or twice a year rather than monthly.

• SLVP Roughly 40 stocks, so individual miners carry real weight and the whole basket keys off one metal's fortunes.
• "And Metals Miners" is doing work in the name: the mandate covers silver exploration or metals mining, so diversified miners can sit beside pure silver plays.
• Not the cheapest silver miner ticket: AGMI lists at 0.35%, though it lacks SLVP's record back to 2012.

Full AUMI profile⁠

Full SLVP profile⁠