SILX
ETFMG Prime 2x Daily Junior Silver Miners ETFSILX Fund Description
SILX tracks 2x the daily price movements of an index of small-cap silver mining and exploration companies.
SILX Factset Analytics Insight
SILX provides daily 2x exposure to an index of global silver mining and exploration companies that include both pure-play and diversified silver firms. The fund determines and selects active “junior silver miners' which are small-cap companies that generate more or less 50% of their revenue from silver mining activities by utilizing available public disclosures. It employs a market-cap-based weighting scheme that starts with categorizing the components and adjusting the market cap for ranking in aim of overweighting pure-play silver miners/explorers and underweighting the non-pure-play companies. The Index is rebalanced and reconstituted quarterly. As a leveraged product with 2x factor that resets daily, SILX is not a buy-and-hold investment, and should not be expected to provide index leverage return greater than a one day period.
SILX Summary Data
SILX Portfolio Data
SILX Index Data
SILX Fund Structure
SILX Tax Exposures
SILX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SILX. SILX is rated a N/A out of 5.
SILX Tradability
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
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