Sprott Launches Silver Miners & Physical Silver ETF
Sprott Asset Management has launched the Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR), the only U.S.-listed ETF offering pure-play exposure to both silver miners and physical silver. The ETF seeks to track the Nasdaq Sprott Silver Miners™ Index (NSLVR™) by investing at least 80% of its total assets in index securities.
SLVR joins Sprott's expanding ETF suite, which includes funds focused on gold miners (SGDM, SGDJ) and critical materials like uranium, copper, lithium, and nickel. The company emphasizes silver's dual role as both a precious metal and an industrial metal, highlighting its growing demand in clean technology, solar energy, automotive, and healthcare industries.
Sprott Asset Management ha lanciato il Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR), il primo ETF listato negli Stati Uniti che offre un'esposizione diretta sia ai mineratori d'argento che all'argento fisico. L'ETF mira a seguire l'indice Nasdaq Sprott Silver Miners™ (NSLVR™) investendo almeno l'80% dei suoi asset totali in titoli dell'indice.
SLVR si unisce all'espansione della suite di ETF di Sprott, che include fondi focalizzati sui mineratori d'oro (SGDM, SGDJ) e su materiali critici come uranio, rame, litio e nichel. L'azienda enfatizza il ruolo duale dell'argento come metallo prezioso e metallo industriale, evidenziando la crescente domanda nei settori della tecnologia pulita, dell'energia solare, dell'automotive e della sanità.
Sprott Asset Management ha lanzado el Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR), el único ETF listado en EE. UU. que ofrece una exposición directa a los mineros de plata y a la plata física. El ETF busca seguir el índice Nasdaq Sprott Silver Miners™ (NSLVR™) invirtiendo al menos el 80% de sus activos totales en valores del índice.
SLVR se une al creciente conjunto de ETFs de Sprott, que incluye fondos centrados en mineros de oro (SGDM, SGDJ) y materiales críticos como uranio, cobre, litio y níquel. La compañía enfatiza el papel dual de la plata como metal precioso y metal industrial, destacando su creciente demanda en las industrias de tecnología limpia, energía solar, automotriz y salud.
Sprott Asset Management는 Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR)를 출시했습니다. 이는 미국에서 상장된 유일한 ETF로서 은광 업체와 물리적 은에 대해 순수한 노출을 제공합니다. 이 ETF는 Nasdaq Sprott Silver Miners™ 지수(NSLVR™)를 추적하기 위해 전체 자산의 최소 80%를 지수 증권에 투자하는 것을 목표로 합니다.
SLVR은 금 광산업체(SGDM, SGDJ) 및 우라늄, 구리, 리튬, 니켈과 같은 중요한 자재에 초점을 맞춘 기금을 포함하는 Sprott의 ETF 포트폴리오에 추가됩니다. 회사는 은이 귀금속이자 산업 금속으로서의 이중적 역할을 강조하며, 청정 기술, 태양광 에너지, 자동차 및 의료 산업에서의 수요 증가를 부각합니다.
Sprott Asset Management a lancé le Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR), le seul ETF coté aux États-Unis offrant un accès direct à la fois aux mineurs d'argent et à l'argent physique. Cet ETF vise à suivre l'indice Nasdaq Sprott Silver Miners™ (NSLVR™) en investissant au moins 80 % de ses actifs totaux dans des valeurs de l'indice.
SLVR rejoint la gamme d'ETF en expansion de Sprott, qui comprend des fonds axés sur les mineurs d'or (SGDM, SGDJ) et sur des matières premières essentielles telles que l'uranium, le cuivre, le lithium et le nickel. L'entreprise souligne le double rôle de l'argent en tant que métal précieux et métal industriel, mettant en avant sa demande croissante dans les secteurs de la technologie propre, de l'énergie solaire, de l'automobile et de la santé.
Sprott Asset Management hat den Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) gelauncht, den einzigen an der US-Börse notierten ETF, der direkten Zugang sowohl zu Silberminenbetreibern als auch zu physischem Silber bietet. Der ETF strebt an, den Nasdaq Sprott Silver Miners™ Index (NSLVR™) abzubilden, indem er mindestens 80% seines Gesamtvermögens in Indexwertpapiere investiert.
SLVR reiht sich in die wachsende ETF-Palette von Sprott ein, die auch Fonds umfasst, die auf Goldminenbetreiber (SGDM, SGDJ) und kritische Materialien wie Uran, Kupfer, Lithium und Nickel fokussiert sind. Das Unternehmen betont die doppelte Rolle von Silber als Edelmetall und Industriemetall und hebt die zunehmende Nachfrage in den Bereichen Saubere Technologie, Solarenergie, Automobil und Gesundheitswesen hervor.
- First U.S.-listed ETF combining exposure to both silver miners and physical silver
- Expands Sprott's ETF portfolio into the silver sector
- Targets growing industrial demand for silver in clean technology and other sectors
- None.
Insights
The launch of SLVR represents a strategic market expansion in the ETF space, particularly notable as it's the first U.S.-listed ETF combining exposure to both silver miners and physical silver. This unique hybrid approach could attract significant investor interest, especially given silver's dual role as both a precious metal and industrial commodity.
The timing is particularly strategic, coinciding with increasing industrial demand for silver in clean technology, solar energy, automotive and healthcare sectors. The ETF's structure, requiring 80% of assets in index securities, provides a solid foundation for tracking the Nasdaq Sprott Silver Miners™ Index while maintaining flexibility for portfolio management.
From a market perspective, this product fills a important gap in the precious metals ETF landscape. For investors seeking comprehensive silver exposure, SLVR eliminates the need to separately invest in mining companies and physical silver, potentially reducing transaction costs and simplifying portfolio management.
The launch of SLVR strengthens Sprott's position in the specialized ETF market, expanding their product suite which now covers a comprehensive range of precious metals and critical materials. This strategic move capitalizes on the growing industrial demand for silver, particularly in emerging technologies and renewable energy sectors.
The fund's unique positioning as the only pure-play silver miners and physical silver ETF creates a significant competitive advantage. With a market cap of
Silver's evolving role in industrial applications makes this ETF launch particularly timely. The metal's unique properties - including the highest electrical and thermal conductivity of all metals - position it as a critical component in emerging technologies. The increasing demand from solar panel manufacturing alone, where silver is essential for photovoltaic cells, creates substantial growth potential.
The fund's combination of mining exposure and physical silver provides a balanced approach to capturing both production upside and commodity price movements. This structure could prove especially valuable during periods of supply chain disruption or increased industrial demand, as we're seeing with the clean energy transition.
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
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 |
| 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 |
| 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.
2 The term “pure-play” relates directly to the exposure that the Fund has to the total universe of investable, publicly listed securities in the investment strategy.
About Sprott Asset Management LP
Sprott Asset Management is a wholly-owned subsidiary of Sprott Inc. (“Sprott”). Sprott is a global asset manager focused on precious metals and critical materials investments. We are specialists. We believe our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California, and the company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol (SII). For more information, please visit www.sprott.com.
Contact:
Glen Williams
Managing Partner
Investor and Institutional Client Relations
Direct: (416) 943-4394
gwilliams@sprott.com
Dan Gagnier
Gagnier Communications
Direct: (646) 569-5897
sprott@gagnierfc.com
Important Disclosures
The Sprott Funds Trust is made up of the following ETFs (“Funds”): Sprott Gold Miners ETF (SGDM), Sprott Junior Gold Miners ETF (SGDJ), Sprott Silver Miners & Physical Silver ETF (SLVR), Sprott Critical Materials ETF (SETM), Sprott Uranium Miners ETF (URNM), Sprott Junior Uranium Miners ETF (URNJ), Sprott Copper Miners ETF (COPP), Sprott Junior Copper Miners ETF (COPJ), Sprott Lithium Miners ETF (LITP) and Sprott Nickel Miners ETF (NIKL).
Before investing, you should consider each Fund’s investment objectives, risks, charges and expenses. Each Fund’s prospectus contains this and other information about the Fund and should be read carefully before investing.
This material must be preceded or accompanied by a prospectus. A prospectus can be obtained by calling 888.622.1813 or by clicking this link.
SLVR is new and has a limited operating history. The Funds are not suitable for all investors. There are risks involved with investing in ETFs, including the loss of money. The Funds are non-diversified and can invest a greater portion of assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a diversified fund.
Exchange Traded Funds (ETFs) are bought and sold through exchange trading at market price (not NAV) and are not individually redeemed from the Fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns. "Authorized participants" may trade directly with the Fund, typically in blocks of 10,000 shares.
Funds that emphasize investments in small/mid-cap companies will generally experience greater price volatility. Diversification does not eliminate the risk of investment losses. ETFs are considered to have continuous liquidity because they allow an individual to trade throughout the day. A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which
are not reflected in annual Fund operating expenses, affect the Fund’s performance.
Nasdaq®, Nasdaq Sprott Silver Miners™ Index, NSLVR™, Nasdaq Sprott Critical Materials™ Index, NSETM™, Nasdaq Sprott Junior Uranium Miners™ Index, NSURNJ™, Nasdaq Sprott Copper Miners™ Index, NSCOPP™, Nasdaq Sprott Junior Copper Miners™ Index, NSCOPJ™, Nasdaq Sprott Lithium Miners™ Index, NSLITP™, Nasdaq Sprott Nickel Miners™ Index, and NSNIKL™ are registered trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Sprott Asset Management LP. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
Sprott Asset Management USA, Inc. is the Investment Adviser to the Sprott Silver Miners & Physical Silver ETF. ALPS Distributors, Inc. is the Distributor for the Sprott ETFs and is a registered broker-dealer and FINRA Member.
ALPS Distributors, Inc. is not affiliated with Sprott Asset Management USA, Inc.
© 2025 Sprott Inc. All rights reserved.
FAQ
What is the ticker symbol and focus of Sprott's new silver ETF?
How does the SLVR ETF invest its assets?
What makes SLVR unique in the silver ETF market?
What industrial sectors are driving silver demand according to Sprott?
