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ETFMG Prime Junior Silver Miners ETF

SILJ
$
Today’s Change
()

Snapshot
*

Inception Date
Nov 29, 2012
Expense Ratio
0.69%
Type
Global Equities
Fund Owner
ETF Managers Group
Volume (1m avg. daily)
$11,036,040
AUM
$600,146,360
Associated Index
Prime Junior Silver Miners & Explorers Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

PAAS
Pan American Silver Corp
13.84%
AG
First Majestic Silver Corporation
10.09%
CS
Capstone Copper Corp
7.26%
MAG
MAG Silver Corp.
6.56%
SSRM
SSR Mining Inc
5.78%
HMY
Harmony Gold Mining Co Ltd - ADR
4.65%
HL
Hecla Mining Co.
4.21%
BVN
Compania de Minas Buenaventura S.A. - ADR
3.55%
ELD
Eldorado Gold Corp.
3.34%
FIL
Filo Corp
3.32%

What is SILJ?

The ETFMG Prime Junior Silver ETF (SILJ) was created to bring silver exploration and mining exposure of small cap companies to institutional and retail investors alike. These companies are looking for the next big silver deposit and can benefit from the discovery of a new deposit, production of metal rich mines, or becoming a takeover target. The Fund seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Prime Junior Silver Miners & Explorers Index.

1M
3M
6M
YTD
1Y
3Y
Max

SILJ
Performance Measures**

for the time period Nov 29, 2012 to Aug 21, 2026

Returns

1M Trailing Return: 27.4%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 9.3%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -79.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 47.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.33

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.06

The annualized return divided by the max drawdown for the selected time period.

ETFs related toSILJ

ETFs correlated to SILJ include SIL, GDXJ, JNUG

SILJ
ETF Managers Group LLC - ETFMG Prime Junior Silver Miners ETF
SIL
Global X Funds - Global X Silver Miners ETF
GDXJ
VanEck ETF Trust - VanEck Junior Gold Miners ETF
JNUG
Direxion Shares ETF Trust - Direxion Daily Junior Gold Miners Index Bull 2X Shares
GDXU
Bank of Montreal - MicroSectors Gold Miners 3X Leveraged ETN
GDX
VanEck ETF Trust - VanEck Gold Miners ETF
NUGT
Direxion Shares ETF Trust - Direxion Daily Gold Miners Index Bull 2X Shares
RING
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Gold Miners ETF
GLTR
abrdn ETF - abrdn Physical Precious Metals Basket Shares ETF
SLV
BlackRock Institutional Trust Company N.A. - iShares Silver Trust
SIVR
abrdn ETF - abrdn Physical Silver Shares ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toSILJ

Wizard's Spell of Summon Money

Category

Tactical, daily rebalanced; trend + RSI; leveraged ETFs; tech/crypto momentum; gold miners; managed futures; short‑Nasdaq; volatility hedge

OOS Cumulative Return

18.42%

The Wild West of High Return High Vol Short-Term Trading

Category

Multi-asset, leveraged ETFs, momentum/relative strength, volatility timing, commodities, semiconductors, treasuries, risk-on/off filters

OOS Cumulative Return

15.17%

Create your own algorithmic trading strategy with SILJ using Composer

FAQ

SILJ is a Global Equities ETF. The ETFMG Prime Junior Silver ETF (SILJ) was created to bring silver exploration and mining exposure of small cap companies to institutional and retail investors alike. These companies are looking for the next big silver deposit and can benefit from the discovery of a new deposit, production of metal rich mines, or becoming a takeover target. The Fund seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Prime Junior Silver Miners & Explorers Index.

SILJ tracks the Prime Junior Silver Miners & Explorers Index.

No, SILJ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SILJ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SILJ is -0.0622%. This is the percent change in the value of SILJ over the most recent 1-month period. The 3-month return on SILJ is -0.0652%. This is the percent change in the value of SILJ over the most recent 3-month period.

The standard deviation of SILJ for the past year is 0.3915%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SILJ include IXN, IXJ, and SMH.

ETFs correlated to SILJ include SIL, GDXJ, and JNUG.

ETFs that are inversely correlated to SILJ include JDST, GDXD, and DUST.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.

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