SLVR: SPROTT SILVER MINERS & PHYSICAL SILVER ETF
What this ETF is trying to do
The Sprott Silver Miners & Physical Silver ETF (SLVR) is designed to give investors exposure to the silver market. It does this by holding a mix of physical silver and companies that mine silver.
Based on the Top Holdings data from October 7, 2026, the fund invests in assets like First Majestic Silver Corp (20.61%) and the Sprott Physical Silver Trust (16.84%). Other top holdings include Aya Gold & Silver Inc (8.31%) and Wheaton Precious Metals Corp (4.94%).
What the numbers show
As of October 5, 2026, the current price of one share is $54.42.
When looking at performance, it is important to distinguish between price return and total return:
• Price Return: This measures only the change in the share price. The one-year price return is 22.79%. The year-to-date (YTD) price return is -2.47%.
• Total Return: This reflects the overall return, including distributions. The one-year total return is 27.54%, and the YTD total return is -2.47%.
For a simple example, if you had invested $10,000 based on the estimated price from roughly one year ago ($44.32), the price-only growth would have resulted in a gain of approximately 22.79%.
Income and distribution explanation
This ETF pays out cash distributions to investors. The distribution yield is approximately 3.78%. Over the last 12 months, there was one payout. The frequency of these payments is described as irregular or less frequent.
It is important for beginners to remember that a high distribution yield alone can be misleading. While distributions provide cash income, they do not guarantee that the original money invested (the principal) will stay the same or grow.
NAV erosion explanation
"NAV erosion" happens when the net asset value of a fund declines over time, often meaning the fund is losing its internal value.
For this ETF, the erosion-risk score is 100, and the erosion severity is labeled as "good." The data states that no price erosion was detected, and the severe erosion-risk flag is false.
Pros
• Positive One-Year Growth: The fund showed a total return of 27.54% over the last year.
• Low Erosion Risk: The fund currently has a "good" erosion severity rating.
• Diversified Silver Exposure: It holds both mining companies and physical silver.
Cons
• Recent Price Dip: The year-to-date price return is negative (-2.47%).
• Irregular Income: Distributions are not paid on a steady, frequent schedule.
Beginner takeaway
SLVR allows you to invest in silver through both the metal itself and the companies that dig it out of the ground. While it has seen strong growth over the past year, its recent YTD performance is slightly down. Investors should focus on the total return rather than just the distribution yield to understand how the investment is actually performing.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | FIRST MAJESTIC SILVER CORP | n/a | 20.61% |
| 2 | SPROTT PHYSICAL SILVER TRUST | PSLV | 16.84% |
| 3 | AYA GOLD & SILVER INC | n/a | 8.31% |
| 4 | WHEATON PRECIOUS METALS CORP | n/a | 4.94% |
| 5 | ENDEAVOUR SILVER CORP | EXK | 4.75% |
| 6 | SILVERCORP METALS INC | n/a | 4.58% |
| 7 | ABRASILVER RESOURCE CORP | ABBRF | 4.21% |
| 8 | AMERICAS GOLD AND SILVER CORP | n/a | 3.51% |
| 9 | n/a | n/a | 3.08% |
| 10 | GOGOLD RESOURCES INC | GLGDF | 2.64% |