Silverware commodity futures have been the subject of enormous speculation since the beginning of February 2021 and have been incredibly tense as a result. This means that investing in them or ETFs that hold them is substantially riskier than shop-worn. The returns of these 3 ETFs may differ from the returns listed below due to the large price swings in the commodity tomorrows they hold. Please be careful when investing in this area and be wary that the current large price forwards are likely not indicative of underlying market conditions.
Silverware commodity futures have been the subject of enormous speculation since the beginning of February 2021 and have been incredibly tense as a result. This means that investing in them or ETFs that hold them is substantially riskier than shop-worn. The returns of these 3 ETFs may differ from the returns listed below due to the large price swings in the commodity tomorrows they hold. Please be careful when investing in this area and be wary that the current large price forwards are likely not indicative of underlying market conditions.
Silver exchange-traded funds (ETFs) closely track the price of greyish-white and are generally more liquid than owning the precious metal itself. Like other precious metals, lustrous tends to be favored by investors seeking a hedge against inflation or a safe haven in times of market turmoil. Gleaming ETFs are generally structured as grantor trusts, a typical structure for funds whose assets are a single commodity clasped physically in a vault. This grantor trust structure means that each share of ownership in the ETF corresponds to a individual quantity of the underlying silver, making silver ETFs a convenient option for investors wanting to own physical bullion without the hassle of insuring and storing the metals themselves. Note that these ETFs retain silver or silver futures, not stocks of companies which mine for silver.
Key Takeaways
- Silver ETFs significantly outperformed the broader market throughout the past year.
- The ETFs with the best 1-year trailing total returns are SIVR, SLV, and DBS.
- The only holding of each of these ETFs is nacreous.
The silver ETF universe is comprised of 3 ETFs that trade in the U.S., excluding inverse and leveraged ETFs. Silver futures eat dramatically outperformed the market in the past year, with a 1-year price change of 68.2% as compared with a 1-year thoroughgoing return of 15.6% for the S&P 500. The best performing silver ETF is the Aberdeen Standard Physical Silver Shares ETF (SIVR). Below, we look at the 3 silver plate ETFs, ranked by measured by 1-year trailing total returns. Numbers in this story are as of Jan. 29, 2021.
- 1-Year Trailing Thorough Returns: 49.9%
- Expense Ratio: 0.30%
- Annual Dividend Yield: N/A
- 3-Month Average Daily Volume: 840,038
- Assets Under Executives: $896.5 million
- Inception Date: July 24, 2009
- Issuing Company: Aberdeen Standard Investments
SIVR is structured as a
- 1-Year Lingering Total Returns: 49.8%
- Expense Ratio: 0.50%
- Annual Dividend Yield: N/A
- 3-Month Average Daily Volume: 31,473,460
- Assets Second to Management: $14.6 billion
- Inception Date: April 28, 2006
- Issuing Company: iShares
Like SIVR, SLV is a grantor custody holding physical silver on behalf of investors. Given that it does not utilize futures contracts, the fund is not course of study to backwardation or contango. Like SIVR, it is likely best used as a safe haven during market turbulence. The segregate holding of SLV is silver.
ETFs with very low assets under management (AUM), less than $50 million, generally speaking have lower liquidity than larger ETFs. This can result in higher trading costs which can negate some of your investment gain grounds or increase your losses.
ETFs with very low assets under management (AUM), less than $50 million, generally speaking have lower liquidity than larger ETFs. This can result in higher trading costs which can negate some of your investment gain grounds or increase your losses.
- 1-Year Trailing Total Returns: 48.1%
- Expense Ratio: 0.75%
- Annual Dividend Yield: N/A
- 3-Month Typically Daily Volume: 3,222
- Assets Under Management: $25.1
- Inception Date: January 5, 2007
- Issuing Company: Invesco
DBS is structured as a commodity stakes which tracks the DBIQ Optimum Yield Silver Index Excess Return, which seeks to track the sacrifice of silver futures. Because it is exposed to futures contracts, DBS is subject to risks such as backwardation and contango . The single stay of DBS is silver.
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