SLVP tracks the MSCI ACWI Select Silver Miners IMI, offering targeted exposure to global silver mining companies. Both P/E and P/B express a holding distribution with valuations clearly above average. The reason should be sought in expectations, following a record year for silver.
Best ETF of 2025: SLVP surged 179% as silver prices soared. Thanks to strong gains in stocks like HL, AG and WPM, the silver mining ETF dominated markets this year.
iShares MSCI Global Silver and Metals Miners ETF is rated a Buy, supported by parabolic silver price action and strong outperformance versus silver futures in 2025. SLVP surged 212.7% year-to-date, outperforming silver's 137.8% rally, and maintains A+ momentum and dividend grades despite high volatility risk. Silver fundamentals remain bullish: persistent supply deficits, rising industrial demand, declining interest rates, and a weaker U.S. dollar underpin further upside potential.
| XBER Exchange | US Country |
This fund is designed for investors looking to gain exposure to the silver mining and exploration sector. By committing at least 80% of its assets to securities that make up the underlying index, as well as to investments with similar economic characteristics, the fund aims to closely track the performance of around 25 companies selected by MSCI Inc. These companies are at the forefront of silver mining or exploration across both developed and emerging markets. Given its focus on a specific subset of the market, the fund is classified as non-diversified, indicating a concentration of investments in this industry as opposed to spreading risks across various sectors.
This core service involves allocating at least 80% of the fund's assets to the securities that constitute the underlying index. This strategy ensures that the fund's performance closely mirrors that of the index, offering investors a targeted investment in the silver mining sector.
In addition to direct investment in the index's component securities, the fund also seeks out other investments that have economic characteristics substantially identical to those securities. This approach allows for broader exposure to the silver mining sector while still aligning closely with the fund's strategic objective of tracking the underlying index.
The underlying index is specifically designed to include companies involved in silver mining and exploration across both developed and emerging markets. This provides investors with a balanced exposure to the global silver mining industry, leveraging opportunities in both stable economies and growth-oriented markets.
The fund's non-diversified status highlights its focused investment approach, channeling assets predominantly into the silver mining and exploration sector. This strategy is suitable for investors with a specific interest in silver and who are seeking concentrated exposure to its market dynamics.