The iShares MSCI Global Silver and Metals Miners ETF has delivered significantly higher one-year total returns than SPDR Gold Shares, returning 69.3% versus 21.9% as of July 27, 2026. SPDR Gold Shares, which tracks physical gold bullion, holds $132.2 billion in assets under management, dwarfing the $801.7 million in the silver miners ETF. Despite SLVP's stronger recent performance, it carries a much deeper five-year maximum drawdown of 47.7% compared to 26.4% for GLD. Both funds have nearly identical expense ratios, with SLVP at 0.39% and GLD at 0.40%. The analysis concludes that SLVP's dividend payouts and potential benefits from merger and acquisition activity in its portfolio make it the preferred ETF for 2026 for those seeking to play the precious metals rally.
Hecla Mining CompanyArticle highlights strong performance of silver miners ETF, implying increased demand for silver and benefiting Hecla as a silver miner.