Global X Silver Miners UCITS ETF USD Acc EUR is a equity ETF from Global X tracking the Silver Miners index through physical replication. Domiciled in Ireland and launched in 2022, the fund manages about 1 bn € and charges a TER of 0.65% — 65 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).
Global X Silver Miners UCITS ETF USD Acc EUR competes with 261 other products in the same class and region (Equity, Developed markets): it ranks 77th by fund size and 252nd by ongoing cost, with a TER of 0.65% against a group median of 0.26%. It has been listed since 2022, 4 years of track record.
On a €10,000 investment the TER costs 65 € a year, against 26 € for the median product in the category.
Replication is physical: the fund holds the underlying securities directly. The ten largest positions account for 76.1% of the portfolio.
Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in USD. That is not the same as currency risk: the exposure comes from the currencies of the underlying holdings, not from the denomination or the trading currency of a given listing.
Irish domicile lets the fund apply the Ireland–US tax treaty, with 15% withholding instead of 30% on US dividends received by the fund.
| Wheaton Precious Metals Corp | 14.6% |
| Pan American Silver Corp | 13.6% |
| Coeur Mining Inc | 12.1% |
| Hecla Mining Company | 7.3% |
| First Majestic Silver Corp | 5.9% |
| Industrias Peñoles S.A.B. de C.V | 5.9% |
| Fresnillo PLC | 4.5% |
| OR Royalties Inc. | 4.2% |
| SSR Mining Inc | 4.1% |
| Compania de Minas Buenaventura SAA ADR | 3.9% |
| Borsa Italiana | SILV | EUR |
| XETRA | SLVR | EUR |
| London Stock Exchange | SILG | GBP |
| London Stock Exchange | SILV | USD |
| SIX Swiss Exchange | SILV | CHF |
Source: the fund's KID and the issuer's official documentation — data verified as of July 2026.
This page is informational and is not an investment recommendation. Figures may contain errors or be out of date: always check the KID and the issuer's factsheet before any decision.