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SILJAmplify Junior Silver Miners ETF

Get income13y track recordRanked #338 of 1,622 in this goal

Seeks high income and capital appreciation through junior silver mining companies and a covered call strategy.

By Amplify ETFs · Launched 2012

Annual Cost

0.69%

#3,463 of 5,562 · average

Fund Size

$4.0B

#484 of 5,562 · large

Dividend YieldGoal

1.79%

Track Record

13 years

#1,046 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$18,772+87.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Cap

Small

Strategy

Option income

Sector

Materials

What it actually holds

By weight

Concentration

Top 10 holdings = 55.6% of fundmoderately concentrated

First Majestic Silver CorpAG.TO
10.0%
Hecla Mining CoHL
9.2%
Hycroft Mining Holding Corp Ordinary Shares Class AHYMC
5.1%
Boliden ABBOL.ST
5.1%
Compania De Minas Buenaventura SAA ADRBVN
4.8%
KGHM Polska Miedz SAKGH.WA
4.7%
SSR Mining IncSSRM.TO
4.5%
Wheaton Precious Metals CorpWPM.TO
4.4%
Endeavour Silver CorpEXK
4.3%
Seabridge Gold IncSA
3.5%

Asset allocation

Stocks
99.8%
Cash
0.6%

By sector

Basic Materials
99.8%
Consumer Defensive
0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
57.2%High

Year-on-year price swings

Max drawdown
-70.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.98Decent risk-adjusted returns
Sortino (3Y)
1.43Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks high income and capital appreciation through junior silver mining companies and a covered call strategy.
Strategy
Invests primarily in equity securities of junior silver mining companies and the SILJ ETF. Employs covered call strategies to generate income, targeting 1.5% monthly option premium based on net asset value.
Inception date
November 28, 2012
Fund family
Amplify ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19