Silver Market Booms as SIVR and SLVP Offer Different Investment Options

The silver market has been on a historic rally, with prices nearly tripling since the start of 2024. Investors seeking exposure to this trend can choose between two ETFs: the Abrdn Physical Silver Shares ETF (SIVR) and the iShares MSCI Global Silver and Metals Miners ETF (SLVP). SIVR provides direct exposure to physical silver bullion, while SLVP targets the equity performance of companies involved in silver extraction.

While both funds are driven by metal prices, mining stocks are also subject to operational costs, management decisions, and broader equity market trends. The iShares MSCI Global Silver and Metals Miners ETF has shown a shallower maximum drawdown over the last five years compared to the physical metal fund.

The Abrdn Physical Silver Shares ETF is the more affordable option, carrying an expense ratio of 0.3%. However, SLVP has outpaced SIVR in performance, with a 62% annualized return over three years that beats SIVR by more than 20 percentage points. Over the last five years, SLVP has produced a total growth of $3,328 on a $1,000 initial investment.