SIL Fees and Costs — Global X Silver Miners ETF
Data updated: 2026-09-29
The net expense ratio is 0.65%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $485K in broker commissions, 0.0257% of average net assets, and portfolio turnover was 28%.
SIL Fees and Expenses
Annual operating expenses and sales charges of SIL. Prospectus, as of March 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SIL Costs Over Time
On $10,000 invested in SIL, assuming 5% a year before costs, total costs come to $425 over 5 years, cutting the return by 0.71% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $3 | $8 | $15 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $233 | $425 |
| Value after costs | $10,429 | $11,343 | $12,337 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
SIL Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0257%
- Total broker commissions: $485K
- Bought from dealers (principal trades, not a cost): $578.1M
- Portfolio turnover (prospectus): 28%
- Securities on loan, average value: $36.3M
- Net income from securities lending: $636K (0.034% of average net assets)
SIL Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN, SACHS & CO. | $239K | 49.25% |
| J P MORGAN CHASE BANK | $87K | 17.99% |
| UBS FINANCIAL SERVICES INC | $77K | 15.92% |
| CITIGROUP | $40K | 8.27% |
| BTIG | $17K | 3.56% |
| MACQUARIE CAPITAL | $12K | 2.55% |
| MIZUHO SECURITIES | $9K | 1.89% |
| VIRTU FINANCIAL BD LLC | $2K | 0.35% |
| BAML | $1K | 0.22% |
| LIQUIDNET | $43 | 0.01% |
SIL Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) INC. | $378.7M | 65.52% |
| WELLS FARGO | $149.5M | 25.86% |
| BARCLAY BANK PLC | $49.8M | 8.62% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.