Precious metals ETFs are exchange-traded funds that track the price of precious metals such as gold, silver, platinum, and palladium. They provide investors with exposure to the price movement of these metals without having to own them physically.

Precious metals ETFs invest in bullion or derivative instruments such as futures contracts to mirror the performance of the underlying metal. They are usually structured as passive investments and aim to track the price of the metal they are linked to as closely as possible.

Precious Metals

The Themes Silver Miners ETF (AGMI) provides equity exposure to companies globally that generate revenues from silver mining. It tracks the STOXX Global Silver Miners Index and holds approximately 46 securities, with top positions including Newmont, Fresnillo, Industrias Peñoles, First Majestic Silver, and Wheaton Precious Metals. The fund has an expense ratio of 0.35% and was launched on May 3, 2024, by Themes Management Company.

NasdaqGM

AGMI

The iShares MSCI Global Silver and Metals Miners ETF (SLVP) provides equity exposure to companies primarily engaged in silver mining and exploration across developed and emerging markets. The fund tracks the MSCI ACWI Select Silver Miners Investable Market Index, which includes approximately 25 global silver miners. SLVP has an expense ratio of 0.39%, was launched on January 31, 2012, and is managed by BlackRock.

Cboe US

SLVP

NYSEArca

SGDJ

The WisdomTree Efficient Gold Plus Equity Strategy Fund seeks total return by investing in a portfolio comprised of U.S.-listed gold futures contracts and U.S. large-cap equity securities, aiming to provide capital-efficient exposure to both asset classes.

The Amplify Junior Silver Miners ETF (SILJ) seeks investment results that generally correspond to the price and yield of the Nasdaq Junior Silver Miners Index, providing exposure to small-cap companies primarily engaged in silver mining, exploration, and development. Prior to January 29, 2024, the fund was named ETFMG Prime Junior Silver Miners ETF and tracked the Prime Junior Silver Miners & Explorers Index.

Symbol	Name	Sharpe Ratio (1Y)	Sharpe Ratio (5Y)	Sharpe Ratio (10Y)	Risk / Return Rank
AGMI	Themes Silver Miners ETF	1.32	—	—	43
SLVP	iShares MSCI Global Silver and Metals Miners ETF	1.17	0.38	0.20	37
SGDJ	Sprott Junior Gold Miners ETF	1.06	0.38	0.19	34
GDE	WisdomTree Efficient Gold Plus Equity Strategy Fun...	1.05	—	—	34
SILJ	Amplify Junior Silver Miners ETF	1.04	0.31	0.11	34

Top Precious Metals ETFs by Sharpe Ratio

Top Precious Metals ETFs by Sharpe Ratio