Analysis

Key stats

About Amplify ETF Trust Amplify Junior Silver Miners ETF

SILJ tracks an index of smaller stocks from around the world that derive revenues, have market share or are engaged in silver exploration/development. To determine silver revenue percentages, securities are assigned a Metals Focus sector (e.g., Project Development, Silver Mining, Streaming, Diversified Mining, etc.). The fund calculates a theme-adjusted free-float market value for each security based on their market cap and Metals Focus. Pure-play companies are overweighted after initial weights are determined based on the securitys theme-adjusted free float market value divided by the aggregate value of all securities. The portfolio is then adjusted based on market cap, subject to constraints. The index is reconstituted semi-annually and rebalanced quarterly. Prior to Jan. 29, 2024, the fund was called ETFMG Prime Junior Silver Miners ETF that tracked the Prime Junior Silver Miners & Explorers Index. Prior to May 3, 2024, the fund tracked the Nasdaq Metals Focus Silver Miners Index.