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3 ETFs to Buy When the Dollar Falls

When the U.S. dollar falls, these ETFs will get a boost

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Global X Silver Miners (SIL)

etfs-to-buy-silSimilar to the idea behind the SLV, Global X Silver Miners (SIL) ETF invests in a basket of silver mining stocks, including Silver Wheaton (SLW) and Pan American Silver (PAAS).

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%.

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