In this article, we discuss 5 best silver ETFs. If you want to read our detailed discussion on the silver industry, head over to 10 Best Silver ETFs To Buy.
5. Invesco DB Precious Metals Fund (NYSE:DBP)
5-Year Share Price Performance as of March 28: 47.76%
Placed 5th on our list of the best silver ETFs is the Invesco DB Precious Metals Fund (NYSE:DBP), which aims to reflect the performance, whether positive or negative, of the DBIQ Optimum Yield Precious Metals Index Excess Return. This includes interest income from the fund’s primarily US Treasury securities and money market income. The Invesco DB Precious Metals Fund (NYSE:DBP) is suitable for investors seeking a convenient and cost-effective way of investing in commodity futures. The ETF was launched on January 5, 2007, and it has a market value of $146.8 million as of March 28, 2024, with a total expense ratio of 0.77%.
4. Sprott Physical Silver Trust (NYSE:PSLV)
5-Year Share Price Performance as of March 28: 50.73%
The Sprott Physical Silver Trust (NYSE:PSLV) is a closed-end trust that invests in fully allocated London Good Delivery silver bars without any liens. It offers a convenient, secure, and exchange-traded investment option for individuals looking to hold physical silver, placing it among the best silver ETFs. Launched on October 27, 2010, the fund holds net assets worth $4.24 billion as of March 28, 2024, and has a management expense ratio of 0.59%.
3. iShares Silver Trust (NYSE:SLV)
5-Year Share Price Performance as of March 28: 60.55%
The iShares Silver Trust (NYSE:SLV) ranks 3rd on our list of the best silver ETFs. It aims to mirror the price performance of silver, providing investors with exposure to the daily movements in the price of silver bullion. It offers a convenient and cost-effective way to invest in physical silver. Launched on April 21, 2006, the ETF has net assets totaling $10.4 billion as of March 28, 2024. Its sponsor fee is 0.50%.
2. abrdn Physical Silver Shares ETF (NYSE:SIVR)
5-Year Share Price Performance as of March 28: 62.30%
The abrdn Physical Silver Shares ETF (NYSE:SIVR) aims to closely follow the performance of silver bullion prices. The abrdn Physical Silver Shares ETF (NYSE:SIVR) is one of the best silver ETFs. This ETF was launched on July 24, 2009. As of March 28, 2024, the fund manages assets amounting to approximately $1.1 billion, with an expense ratio of 0.3%.
1. Sprott Physical Gold and Silver Trust (NYSE:CEF)
5-Year Share Price Performance as of March 28: 62.85%
The Sprott Physical Gold and Silver Trust (NYSE:CEF) is a closed-end trust that invests in physical gold and silver bullion in the form of London Good Delivery bars. Ranked 1st among the best silver ETFs, it offers a convenient and secure option to investors seeking to hold physical gold and silver without the challenges of direct bullion investments. The ETF was launched on January 16, 2018, and its total net asset value is $4.4 billion as of March 28, 2024. It offers a management expense ratio of 0.49%.
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