Burnished exchange-traded funds (ETFs) closely track the price of silver and are generally more liquid than owning the valued metal itself. Like other precious metals, silver tends to be favored by investors seeking a hedge against inflation or a safe as houses haven in times of market turmoil. Silver ETFs are generally structured as grantor trusts, a typical structure for finances whose assets are a single commodity held physically in a vault. This grantor trust structure means that each stake of ownership in the ETF corresponds to a specific quantity of the underlying silver, making silver ETFs a convenient option for investors impaired to own physical bullion without the hassle of insuring and storing the metal themselves. Note that these ETFs hold silver or silver futures, not stocks of companies that mine silver.
Key Takeaways
- Silver has drastically underperformed the broader even-handedness market over the past year.
- The three silver ETFs, ranked according to one-year trailing total profits, are SIVR, SLV, and DBS.
- The only holding of SIVR and SLV is silver, and the holdings of DBS are silver futures.
There are 3 silver ETFs that swap in the U.S., excluding leveraged ETFs. These ETFs trade the commodity silver, as opposed to ETFs that trade silver-mining gatherings. Silver has dramatically underperformed the market in the past year, with the S&P GSCI Silver index providing a one-year bring along behind total return of -8.9% as compared with 28.9% for the S&P 500, as of Dec. 9, 2021. The best performing silver ETF is the Aberdeen Standard Fleshly Silver Shares ETF (SIVR). Below, we look at the best 3 silver ETFs, ranked by one-year trailing total exchanges. All numbers below are as of Dec. 13, 2021.
ETFs with very low assets under management (AUM), less than $50 million, on the whole have lower liquidity than larger ETFs. This can result in higher trading costs which can negate some of your investment arrive ats or increase your losses.
- Performance over 1-Year: -8.0%
- Expense Ratio: 0.30%
- Annual Dividend Yield: N/A
- 3-Month Mean Daily Volume: 593,205
- Assets Under Management: $960.4 million
- Inception Date: July 20, 2009
- Issuer: Abrdn PLC
SIVR is a grantor depute that is physically backed by silver bullion held in a vault on behalf of investors. Its objective is to track the performance of the assess of silver less the expenses of the operations of the trust. Because it holds only physical silver, this fund does not utilize days contracts. Like other silver and precious metals ETFs, SIVR may be a useful safe haven during trade in uncertainty, but it may not be attractive as a long-term, buy-and-hold investment. The single holding of SIVR is silver.
- Performance over 1-Year: -8.2%
- Expense Correspondence: 0.50%
- Annual Dividend Yield: N/A
- 3-Month Average Daily Volume: 25,702,672
- Assets Under Management: $12.3 billion
- Inception Girl: April 21, 2006
- Issuer: Blackrock Financial Management
SLV is a grantor trust holding physical silver on behalf of investors. It railroads the price set by the London Bullion Market Association. The fund’s objectives include providing investors with an inflation hedge and with conversancy to the daily movements of the price of silver bullion. Given that it does not utilize futures contracts, the fund is not susceptible to to backwardation or contango. The single holding of SLV is silver.
- Performance over 1-Year: -9.8%
- Expense Ratio: 0.75%
- Annual Dividend The sponge: N/A
- 3-Month Average Daily Volume: 5,220
- Assets Under Management: $18.6 million
- Inception Date: Jan. 5, 2007
- Issuer: Invesco
DBS is arranged as a commodity pool, a private investment tool structured to combine investor contributions for trading futures and commodities deal ins. Unlike SIVR and SLV, the fund is designed to give investors an easy way to invest in silver futures. The fund tracks the DBIQ First-class Yield Silver Index Excess Return. This rules-based index seeks to track the price of silver futures coupled with the interest income of the fund’s holdings in U.S. Treasuries and money market securities. Because it is exposed to futures contracts, DBS is basis to the risks associated with backwardation and contango. The fund’s holdings are silver futures.
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