Thursday , 21 November 2024

Which of These 7 Silver ETFs Is Right For You?

…ETF shares focus on a wide variety of spaces, such as derivatives, bonds and commodities, [and] within the commodity space are silver ETFs, and investors interested in these have 7 options to choose from….4 ETFs focus solely on physical silver bullion of which one (1) is leveraged 2x and one (1) is focused on silver futures contracts and 3 are focused on the silver-mining market itself…@$$4$

ETFs with exposure to silver

1. iShares Silver Trust (ARCA:SLV)

Total assets: US$13.9 billion (All asset figures below are as of March 21st, 2022)

As the iShares Silver Trust’s website warns, it is not your standard ETF. Why? Put simply, the iShares Silver Trust is not an investment company registered under the Investment Company Act of 1940, or a commodity pool under the Commodity Exchange Act. Further, its ETF shares aren’t subject to the regulatory requirements that apply to mutual funds.

Investors who are not put off by those conditions may find the iShares Silver Trust appealing. It uses the London Bullion Market Association silver price as its benchmark and holds silver bullion…

2. Aberdeen Standard Physical Silver Shares (ARCA:SIVR)

Total assets: US$1.2 billion

The Aberdeen Standard Physical Silver Shares ETF is also not a typical ETF, and is very similar to the iShares Silver Trust…

3. ProShares Ultra Silver ETF (ARCA:AGQ)

Total assets: US$580.2 million

Established in December 2008…the ProShares Ultra Silver ETF offers investors twice the daily long leverage to silver bullion…[using] derivatives such as futures contracts to invest in silver…It has the highest expense ratio of the four silver-backed ETFs at 0.93 percent.

4. Invesco DB Silver Fund (ARCA:DBS)

Total assets: US$20.8 million

The Invesco DB Silver Fund may be a good choice for investors seeking futures-based exposure to silver but who wish to avoid the hassle of trading on a futures account. It has an expense ratio of 0.75 percent.

ETFs with exposure to silver stocks

5. Global X Silver Miners ETF (ARCA:SIL)

Total assets: US$1.1 billion

The Global X Silver Miners ETF…provides exposure to a basket of global silver miners…[and has] an expense ratio of 0.65 percent

6. ETFMG Prime Junior Silver ETF (ARCA:SILJ)

Total assets: US$939.84 million

The ETFMG Prime Junior Silver ETF…provides a benchmark for investors to track public small-cap companies in the silver space…

7. iShares MSCI Global Silver Miners ETF (BATS:SLVP)

Total assets: US$263.03 million

The iShares MSCI Global Silver Miners ETF tracks an index composed of global equities of companies primarily engaged in silver exploration or metals mining; however, it skews toward Canadian mining stocks. The ETF has an expense ratio of 0.39% which is lowest of the three ETFs focused on silver stocks….

The above excerpt from the original article by Melissa Pistilli (investingnews.com) was edited [ ] and abridged (…) to provide you with a faster and easier read. Also note that this complete paragraph must be included in any re-posting to avoid copyright infringement.

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One comment

  1. You might point out that SIVR has a lower management fee than SLV and therefore may represent better value to anyone with a significant investment in the fund.