#2 - iShares Silver Trust (NYSEARCA:SLV)
If you’re considering investing in precious metals, silver and gold go together like peanut butter and jelly. And some investors prefer silver because they point to its use in a range of applications. And currently, that includes its demand for semiconductors. Like gold, investors can choose to buy silver in its physical form. However, like gold that comes with limitations.
A popular ETF for investors to consider is the iShares Silver Trust (NYSEARCA:SLV). This is the largest physically-backed silver ETF in operation. It currently has just under $12 billion ($11.93 billion) assets under management (AUM). And the only holding of the fund is silver. Over the last five years, the per-share price of the fund is up 22%. The fund has an expense ratio of 0.50%.
About iShares Silver Trust
iShares Silver Trust (the Trust) owns silver transferred to the Trust in exchange for shares issued by the Trust. The Trust's each share represents a fractional undivided beneficial interest in its net assets. The assets of the Trust consist of silver held by the Trust's custodian on behalf of the Trust.
More about iShares Silver Trust- Current Price
- $27.08
- Asset Class
- Commodities
- Fund AUM
- $13.84 billion
- Expense Ratio
- 0.50%
- 6-Month Performance
- -7.78%
- 1-Year Performance
- 10.53%
