Global X Silver Miners (SIL)
SIL holds 32 individual stock positions in the industry group concentrated in Canada. But there’s a key difference between investing in silver miners and investing in the metal itself.
Investors get the benefit of operational leverage when buying miners. Because of their high fixed-cost exposure, mining stocks tend to have some leverage to changes in the price of gold and silver. A rise in metal prices above their break even will quickly add to profitability. So buying miners comes with more risk … but also more reward.
Expenses for SIL run 0.65%.