In This Article:
Only U.S.-Listed ETF Providing Pure-Play Exposure to Silver Miners and Physical Silver
Silver Miners ETF Adds to Sprott’s Expanding ETF Suite
TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”) today announced the launch of the Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) (the “ETF” or “SLVR”), the only1 ETF focused on providing pure-play2 exposure to silver miners and physical silver, an undervalued precious metal with evolving industrial and technological uses. The ETF is the most recent addition to Sprott Asset Management’s suite of ETFs and draws on its extensive experience in the precious metals and critical materials space.
“Silver is one of the world’s best-known precious metals, and we believe it’s positioned to perform well in today’s market. In addition, demand for silver is growing in applications ranging from clean technology and solar energy to the automotive and healthcare industries. We believe silver and its miners have significant investment potential, as silver is both a precious metal and an industrial metal critical to new energy,” said John Ciampaglia, CEO of Sprott Asset Management. “With our specialized expertise in precious metals and critical materials, we’re pleased to offer a focused opportunity to invest in silver miners and physical silver through this ETF.”
The Sprott Silver Miners & Physical Silver ETF 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 the Index. The Nasdaq Sprott Silver Miners 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.
SLVR joins Sprott Gold Miners ETF (SGDM) and Sprott Junior Gold Miners ETF (SGDJ) as well as a suite of critical materials ETFs providing pure-play2 exposure to uranium, copper, lithium, and nickel miners. The Sprott ETFs include:
| Sprott Gold Miners ETF | NYSE Arca: SGDM | Seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Solactive Gold Miners Custom Factors Index (Index Ticker: SOLGMCFT). The Index aims to track the performance of larger-sized gold companies whose stocks are listed on Canadian and major U.S. exchanges. |
| Sprott Junior Gold Miners ETF | NYSE Arca: SGDJ | Seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Solactive Junior Gold Miners Custom Factors Index (Ticker: SOLJGMFT). The Index aims to track the performance of small-capitalization gold companies whose stocks are listed on regulated exchanges. |
| Sprott Silver Miners & Physical Silver ETF | Nasdaq: SLVR | Seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index Nasdaq Sprott Silver Miners™ Index (NSLVR™) by investing at least 80% of its total assets in securities of NSLVR™. The Nasdaq Sprott Silver Miners 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. |
| Sprott Critical Materials ETF | Nasdaq: SETM | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Critical Materials™ Index (NSETM™). The Index is designed to track the performance of a selection of global securities in the energy transition materials industry. |
| Sprott Uranium Miners ETF | NYSE Arca: URNM | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the North Shore Global Uranium Mining Index (URNMX). The Index is designed to track the performance of companies that devote at least 50% of their assets to the uranium mining industry, which may include mining, exploration, development and production of uranium, or holding physical uranium, owning uranium royalties or engaging in other non-mining activities that support the uranium mining industry. |
| Sprott Junior Uranium Miners ETF | Nasdaq: URNJ | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Junior Uranium Miners™ Index (NSURNJ™), which is designed to track the performance of mid-, small- and micro-cap companies in uranium mining-related businesses. |
| Sprott Copper Miners ETF | Nasdaq: COPP | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Copper Miners™ Index (NSCOPP™), which is designed to track the performance of a selection of global securities in copper mining-related businesses. |
| Sprott Junior Copper Miners ETF | Nasdaq: COPJ | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Junior Copper Miners™ Index (NSCOPJ™), which is designed to track the performance of mid-, small- and micro-cap companies in copper mining-related businesses. |
| Sprott Lithium Miners ETF | Nasdaq: LITP | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Lithium Miners™ Index (NSLITP™). The Index is designed to track the performance of a selection of global securities in the lithium industry, including lithium producers, developers and explorers. |
| Sprott Nickel Miners ETF | Nasdaq: NIKL | Seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Nickel Miners™ Index (NSNIKL™). The Index is designed to track the performance of a selection of global securities in the nickel industry, including nickel producers, developers and explorers. |
1 Based on Morningstar’s universe of Precious Sector Equity ETFs as of 1/15/2025.