Silver ETFs and funds provide exposure to the price of silver, either through physically-backed holdings of silver bullion, silver futures contracts, or equities of silver mining companies. As a precious metal, silver is valued both as a monetary asset and for its industrial applications in electronics, solar panels, and medical devices, giving it hybrid characteristics of a store of value and an industrial commodity.

Silver

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

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.

NYSEArca

SILJ

The ETF seeks long-term capital appreciation by actively investing in shares of gold- and silver-focused companies involved in mining, exploration, development, or financing through royalty and streaming, using a value-oriented and contrarian strategy.

GBUG

Global X Silver Miners ETF invests in companies actively engaged in the silver mining industry, including silver mining, refining, and exploration. The fund tracks the Solactive Global Silver Miners Total Return Index, providing broad exposure to global silver miners across developed and emerging markets.

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
SILJ	Amplify Junior Silver Miners ETF	1.04	0.31	0.11	34
GBUG	Sprott Active Gold & Silver Miners ETF	0.99	—	—	33
SIL	Global X Silver Miners ETF	0.93	0.33	0.14	30

Top Silver ETFs by Sharpe Ratio

Top Silver ETFs by Sharpe Ratio