SLV, SIVR, SILJ in Focus as U.S. Pushes ‘Hormuz Coalition’—Which Silver ETF to Own Now?

Silver exchange-traded funds (ETFs) traded higher on Monday as the U.S.-Israel-Iran war entered its third week, with the U.S. now seeking a coalition to guide vessels through the strategic Strait of Hormuz.

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To help investors decide which silver ETF to commit to, this article deploys the TipRanks Best Silver ETFs tool to spotlight three silver ETFs for investors: the ETFMG Prime Junior Silver Miners ETF SILJ +0.89% ▲ , the Aberdeen Standard Physical Silver Shares ETF SIVR +0.79% ▲ , and the iShares Silver Trust SLV +0.84% ▲ .

They were selected based on their year-to-date performance and technical indicators.

ETFMG Prime Junior Silver Miners ETF SILJ +0.89% ▲

SILJ focuses on the materials segment of the silver mining industry but sets itself apart by concentrating on junior miners. These are smaller-cap companies that mainly explore and develop new silver deposits.

​The fund currently manages about $5.09 billion in assets and charges an annual expense ratio of 0.69%.

SILJ’s price has jumped about 14% YTD and the ETF holds a Moderate Buy rating from analysts. This comes with an average price target of $41.51, which implies about 31% upside

In addition, the summary of all indicators under the SILJ ETF Technical Analysis page shows that this ETF is a Buy based on three Bearish, four Neutral, and 13 Bullish signals posted over the past four weeks.

iShares Silver Trust SLV +0.84% ▲

SLV is widely viewed as the original go-to vehicle for silver exposure and remains the biggest, most actively traded silver ETF worldwide, offering investors deep liquidity. The fund is backed by physical silver bars stored in vaults and does not rely on futures or other derivative contracts.

SLV currently oversees about $43.25 billion in assets for which it charges an annual fee of 0.50%.

SLV’s price has risen about 13% since the start of the year. Meanwhile, the summary of all indicators under the SLV ETF Technical Analysis page shows that this ETF is a Buy based on four Bearish, three Neutral, and 13 Bullish signals recorded over the past month.

**Aberdeen Standard Physical Silver Shares ETF **SIVR +0.79% ▲

SIVR, like the SLV, is supported by a substantial holding of physical silver, offering investors straightforward and unleveraged exposure to the metal’s spot price.

The fund oversees about $6.04 billion in assets and charges the cheapest annual fee of 0.30%.

SIVR’s price has grown by about 13% YTD. Also, the summary of all indicators under the SIVR ETF Technical Analysis page suggests that this ETF is a Buy based on four Bearish, four Neutral, and 12 Bullish signals posted over the past month.

Final Takeaway

All three funds have made similar gains since the start of the year. However, the ETFMG Prime Junior Silver Miners ETF SILJ +0.89% ▲ has the best bullish indicators. That said, investors who find the higher fees too much can go for the Aberdeen Standard Physical Silver Shares ETF SIVR +0.79% ▲ , which charges the least fees.

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