Seeks to track, before fees and expenses, the Prime Junior Silver Miners & Explorers Index. The index tracks small cap silver exploration and mining companies. Each eligible component is categorized as either a pure-play silver mining/exploration company or as a diversified mining/exploration company based on whether the company has earned or is expected to earn more or less than 50% of its revenue from silver mining/exploration activities, respectively. For purposes of calculating component weights within the Index, all Index Components that are categorized as pure-play will have their market capitalizations increased by a factor of 3.
Tracked the ISE Junior Silver (Small Cap Miners/Explorers) Index until July 31, 2017.
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