TD AMERITRADE

Saturday, November 21, 2009 12:57:16 AM EST

Show Me

iShares Silver TrustNYSE Arca:SLV

Morningstar rating:

Commodities Precious Metals

Prospectus

$18.22

0.04 (0.22%)

Bid

Ask

B/A Size

IIV

18.18

High

18.23

Low

17.91

Volume

8,597,738 (Below Avg)

Print All Tabs

Gross Expense Ratio

0.50%

Net Expense Ratio

0.50%

Total Assets

$5B

SEC 30 Day Yield (as of 10/31/09 )

Distribution Yield (TTM)

0.00%

Ann. Dividend/Yield

No Regular Dividends

Ex-Dividend Date

Premium/Discount

3.33%

52-Wk Range
8.71 - 18.52

Low

High

Fund Inception

04/21/2006

Current | 1mo | 3mo | 6mo | 1yr

DJIA

S&P 500

NASDAQ

View Advanced Chart

The chart is currently unavailable.

About this ETF

The objective of the investment is to reflect the price of silver owned by the trust less the trust's expenses and liabilities. The fund is intended to constitute a simple and cost-effective means of making an investment similar to an investment in silver. Although the fund is not the exact equivalent of an investment in silver, they provide investors with an alternative that allows a level of participation in the silver market through the securities market.

Commodity ETFs may be affected by changes in overall market movements, commodity index volatility, changes in interest rates or factors affecting a particular industry or commodity. Commodity ETFs may be subject to greater volatility than traditional ETFs and may not be suitable for all investors. Unique risk factors of a commodity fund may include, but are not limited to the fund's use of aggressive investment techniques such as derivatives, options, forward contracts, correlation or inverse correlation, market price variance risk and leverage.

Learn more about Leveraged, Inverse and Commodity ETFs

Trailing Total Returns

	Market Return % (as of 10/31/2009)	NAV Return % (as of 10/31/2009)	Market Return % (as of 09/30/2009)	NAV Return % (as of 09/30/2009)
1-Month	-1.89%	+0.68%	+12.04%	+13.08%
3-Month	+17.30%	+21.40%	+22.42%	+21.40%
6-Month	+31.61%	+30.87%	+28.07%	+25.15%
Year-to-date	+43.48%	+52.86%	+46.25%	+51.83%
1-Year	+67.75%	+77.73%	+38.23%	+26.33%
3-Year	+9.42%	+10.55%	+12.67%	+11.95%
5-Year	--	--	--	--
10-Year	--	--	--	--
Since Inception	+8.16%	+8.56%	+8.97%	+8.56%

Inception Date: April 21, 2006

Performance Details

Total return reflects performance without adjusting for sales charges or the effects of taxation, but is adjusted to reflect all actual ongoing fund expenses and assumes reinvestment of dividends and capital gains. If adjusted, sales charges would reduce the performance quoted.

Performance data quoted represents past performance, is no guarantee of future results and may not provide an adequate basis for evaluating the performance potential of the product over varying market conditions or economic cycles. Current performance may be higher or lower than the performance data quoted. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.

Standardized Returns

	Market Return % (as of 10/31/2009)	NAV Return % (as of 10/31/2009)	Market Return % (as of 09/30/2009)	NAV Return % (as of 09/30/2009)
1-Year	+67.75%	+77.73%	+38.23%	+26.33%
5-Year	--	--	--	--
10-Year	--	--	--	--
Since Inception	+8.16%	+8.56%	+8.97%	+8.56%

Inception Date: April 21, 2006

Sector Breakdown

No Sector Data Available.

Top 10 Holdings

Company	YTD Return	% of Assets
* Physical Silver Bullion	--	100.00%

* represents an International company or one without a recognizable symbol.

Portfolio Details

Morningstar Wrap-Up

Morningstar Style Box

Commodities Precious Metals

Not Available

Risk: Low

Return: Average

What's This?

Reports and Ratings

Morningstar Rating

4 stars

Relative to Category

Fees & Management

Manager	No Manager
Manager Start	4/21/2006
Management Fee	0.50%
Expense Ratio	0.50%

Market data accompanied by is delayed by atleast 15 minutes for NASDAQ, AMEX, NYSE and Options. Duration of the delay for other exchanges vary.

Before investing in an ETF, be sure to carefully consider the fund's objectives, risks, charges, and expenses. For a prospectus containing this and other important information, please click the prospectus link. Please read the prospectus carefully before investing.

TDX Independence Funds, Inc. ETFs are distributed by ALPS Distributors, Inc. Amerivest Investment Management LLC serves as a sub-advisor to the Funds. TD AMERITRADE is not affiliated with TDX Independence Funds, Inc. or ALPS Distributors, Inc. Amerivest Investment Management LLC is a subsidiary of TD AMERITRADE Holding Corporation.

Research and planning tools are obtained by unaffiliated third party sources deemed reliable by TD AMERITRADE. However, TD AMERITRADE does not guarantee accuracy and completeness, and makes no warranties with respect to results to be obtained from their use. ETFs are baskets of securities that track recognized indexes and trade on an exchange like a stock. Commission fees apply.

Morningstar Risk-Adjusted Ratings: The Overall Rating is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10- year (if applicable) Morningstar Rating Metrics. Morningstar, Inc. is an independent publisher of mutual fund research and ratings. Ratings reflect a fund's risk-adjusted 3-, 5-, and 10-year total returns, including any sales charge. A Fund is rated against all other funds in its category. 5 stars are assigned to the top 10%; 4 stars to the next 22.5%; 3 stars to the next 35%; 2 stars to the next 22.5%; and 1 star to the bottom 10%. Morningstar only rates funds with at least a 3-year history.

Market data is provided by

Morningstar Associates, LLC is a registered investment advisor and wholly owned subsidiary of Morningstar, Inc. The information, data and opinions contained herein include proprietary information of Morningstar Associates and may not be copied or redistributed for any purpose. The mutual funds selected by Morningstar Associates for the Premier List have been derived from a universe of mutual funds made available through TD AMERITRADE. Both the universe of mutual funds defined by TD AMERITRADE and the Premier List are subject to change without notice. Morningstar Associates does not warrant this information to be accurate, complete or timely. Morningstar Associates is not responsible for any damages or losses arising from the use of this information. Particular mutual funds on the Premier List may not be appropriate investments for you under your circumstances, and there may be other mutual funds or investment options offered by TD AMERITRADE that are more suitable. Past performance is no guarantee of future results.

Reuters content is the intellectual property of Reuters. Any copying, republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Reuters, Reuters Logo and the Sphere Logo are trademarks and registered trademarks of the Reuters Group of companies around the world.

Data is provided for information purposes only and is not intended for trading purposes. Reuters shall not be liable for any errors or delay in the content, or for any action taken in reliance on any content. The RIC or Reuters Instrument Code set has been developed and maintained by Reuters and is the intellectual property of Reuters.

3rd Party Research Disclosure /public-0:54:40

Market Data Disclosure