iShares SLVP Outperforms Sprott SGDM as Silver Rally Drives 82.5% One-Year Return

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โดย The Motley Fool·Read original

Summary · why it matters

The iShares MSCI Global Silver and Metals Miners ETF (SLVP) has dramatically outpaced the Sprott Gold Miners ETF (SGDM) over the trailing 12 months, returning 82.5% versus 46% as of July 2, 2026. SLVP, which focuses on global silver and metals miners, carries a lower expense ratio of 0.39% compared to SGDM's 0.46% and offers a higher dividend yield of 2.30% against 1.10%. The silver fund's top holdings include Hecla Mining at 13.83%, Industrias Penoles at 10.48%, and First Majestic Silver at 10.47%, while SGDM's largest positions are Agnico Eagle Mines at 8.86%, Barrick Mining at 7.78%, and Newmont at 7.09%. Silver's dual role as both a monetary and industrial metal, driven by demand from solar panels, AI data centers, and electronics, has amplified its rally beyond gold, making SLVP a higher-conviction bet for those already holding gold exposure, whereas SGDM offers a more defensive, lower-volatility entry point for new precious metals investors.