SLVP

iShares MSCI Global Silver and Metals Miners ETF

$27.57
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The iShares MSCI Global Silver and Metals Miners ETF (SLVP) seeks to track the investment results of an index composed of global companies engaged in the silver and other metal mining industries.

Overview

ETF tracking iShares MSCI Global Silver and Metals Miners ETF

Category Commodities
Issuer BlackRock
Inception Date 2017-08-02
Market Cap $559.7M
Average Volume N/A
Dividend Yield 0.46%
52-Week Range $11.44 - $31.29
VWAP $27.40

Performance

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Investment Summary

📎 Investment Objective

The iShares MSCI Global Silver and Metals Miners ETF (SLVP) seeks to track the investment results of an index composed of global companies engaged in the silver and other metal mining industries.

🎯 Investment Strategy

The ETF invests in a portfolio of global companies that derive the majority of their revenues from silver and other metal mining activities. The fund's holdings are weighted based on the market capitalization of the underlying companies.

✨ Key Features

  • Provides exposure to a diversified portfolio of global silver and metal mining companies
  • Tracks the MSCI ACWI Select Silver Miners Investable Market Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking targeted exposure to the silver and metals mining industry

⚠️ Primary Risks

  • Commodity price risk: The performance of the fund is closely tied to the price of silver and other metals, which can be volatile
  • Concentration risk: The fund is concentrated in the silver and metals mining industry, making it more susceptible to industry-specific risks
  • Currency risk: The fund's international holdings may be subject to fluctuations in foreign exchange rates
  • Liquidity risk: The fund may have difficulty trading certain holdings, especially during periods of market stress

👤 Best For

This ETF may be suitable for investors seeking exposure to the global silver and metals mining industry as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance who are comfortable with the volatility associated with the commodities sector.