I reiterate my buy rating on SILJ, expecting silver to outperform gold as the gold-to-silver ratio normalizes from historic highs. SILJ offers compelling growth-adjusted valuation, with a PEG ratio under one and a high long-term earnings growth rate of 16.3%. Despite recent weak momentum and mixed technicals, rising trading volume suggests possible institutional accumulation and long-term bullish potential.
Silver's higher volatility compared to gold attracts speculative traders, with silver mining shares like Amplify Junior Silver Miners ETF offering leveraged returns despite higher risk. Tariffs and logistical challenges have tightened U.S. silver markets, pushing prices upward and creating a bullish environment for silver. Silver's long-term bullish trend, supported by strong supply demand fundamentals and a forecasted deficit, suggests significant upside potential.
Silver rises to a multi-year-high. Amplify Junior Silver Miners ETF is the diversified junior silver miners ETF product. The SILJ ETF outperformed silver from August through October 2024.
![]() SILJ 27 Dec 2023 Paid | Annual | $0 Per Share |
![]() SILJ 28 Dec 2022 Paid | Other | $0.01 Per Share |
![]() SILJ 28 Dec 2021 Paid | Other | $0.04 Per Share |
![]() SILJ 14 Dec 2020 Paid | Other | $0.2 Per Share |
![]() SILJ 30 Dec 2019 Paid | Quarterly | $0.17 Per Share |
![]() SILJ 27 Dec 2023 Paid | Annual | $0 Per Share |
![]() SILJ 28 Dec 2022 Paid | Other | $0.01 Per Share |
![]() SILJ 28 Dec 2021 Paid | Other | $0.04 Per Share |
![]() SILJ 14 Dec 2020 Paid | Other | $0.2 Per Share |
![]() SILJ 30 Dec 2019 Paid | Quarterly | $0.17 Per Share |
ARCA Exchange | US Country |
The index referenced is focused on tracking the performance of equity securities or their equivalent American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs) that are issued by companies actively engaged in the silver mining industry, hereby referred to as "Silver Companies". This dedication to the silver mining sector allows investors access to a specialized segment of the market, which can be pivotal for those seeking exposure to silver as a commodity. To ensure a significant relevance to the underlying theme, the fund commits at least 80% of its total assets directly to the securities that form the index or to ADRs and GDRs that are based on these securities. It is noteworthy that the fund operates with a non-diversified status, indicating a focused investment approach rather than spreading its investments across a broad array of sectors.
The primary product offering of the fund is the tracking of an index comprised of equity securities of Silver Companies. This allows investors to partake in the performance of the silver mining industry without the need to individually select stocks. By investing in this fund, individuals acquire exposure to the silver market through a collection of securities that are actively involved in the extraction and production of silver.
Next to direct investments in the component securities of the index, the fund also invests in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) that are based on these constituent securities. These instruments allow the fund to hold shares in foreign companies involved in the silver mining industry, thus broadening the geographical diversity of the investment while still focusing on the specific sector of silver mining.