Global X Australia Launches Silver Miners ETF, Tracking the Solactive Global Silver Miners Index

FRANKFURT AM MAIN – Solactive is pleased to announce its continued collaboration with Global X Australia with the launch of the Global X Silver Miners ETF, which tracks the Solactive Global Silver Miners Index (AUD Net Total Return version), offering Australian investors targeted exposure to leading companies primarily active in silver mining and closely related activities, including exploration. With this launch, a strategy that has established a successful track record in the United States with the Global X Silver Miners ETF (SIL) becomes available on the ASX (Australian Securities Exchange), providing local investors access to the operational leverage of silver miners without the complexities of foreign currency or tax considerations.

The debut of the ETF comes at a pivotal time for the global silver market. Silver has evolved from its traditional role as a precious metal to become a critical industrial input, particularly within the global energy transition. In an environment of robust demand growth and constrained supply, rising silver prices can have a disproportionate impact on mining companies, whose revenues and profitability are closely linked to movements in the underlying commodity. Historically, this dynamic has enabled silver miners to translate favorable price developments into enhanced financial performance during supportive market phases.

The Solactive Global Silver Miners Total Return Index is designed to capture the largest and most liquid companies, as defined by free-float market capitalization and trading volume criteria, operating within the global silver mining segment. To ensure pure-play exposure, the index selects between 20 and 40 companies based on business activity focus. Constituents are weighted by free-float market capitalization, with a 22.5% single-stock cap and additional concentration limits designed to support diversification.

The ETF was listed on 29 January on the Australian Securities Exchange (ASX) with the ticker “SLVM”.

Timo Pfeiffer, Chief Markets Officer at Solactive, commented: “We are pleased to deepen our long-standing partnership with Global X by supporting the launch of this benchmark silver strategy in the Australian market. Silver occupies a unique position at the intersection of monetary heritage and modern industrial demand, particularly as global electrification and decarbonization accelerate. The Solactive Global Silver Miners Index offers investors a precise and transparent framework to capture the growth potential of companies underpinning the supply of this essential resource, and we are excited to see Global X make this exposure locally accessible.”

Global X Australia, commented: “Global X has long been the leading provider of precious metals ETFs in Australia, built on a consistent focus on product quality, transparency, and investor outcomes. Our launch of the Global X Silver Miners ETF, tracking the Solactive Global Silver Miners Index, is a natural extension of that leadership, aimed at broadening and improving the points of access available to investors seeking exposure to silver. By expanding beyond physical bullion into more targeted equity-based exposures, we are continuing to evolve the precious metals toolkit while reinforcing Global X’s leadership in the space.”