iShares Silver Trust (SLV)
The iShares Silver Trust (SLV) is one of the market's largest and most popular silver ETFs. It tracks the price of silver and holds physical silver bullion in a vault. This ETF has a low expense ratio of 0.50% and has seen strong performance in recent years, making it a top choice for investors looking to add silver to their portfolios.
SPDR Gold Shares (GLD)
The SPDR Gold Shares (GLD) is the largest gold ETF in the world, with over $50 billion in assets under management. It tracks the price of gold and holds physical gold bullion in a vault. This ETF has a low expense ratio of 0.40% and has consistently outperformed the S&P 500 in the past decade, making it a strong choice for investors looking to add gold to their portfolio.
Aberdeen Standard Physical Platinum Shares (PPLT)
The Aberdeen Standard Physical Platinum Shares (PPLT) is a top choice for investors looking to diversify beyond silver and gold. This ETF tracks the price of platinum and holds physical platinum bullion in a vault. It has a low expense ratio of 0.60% and has seen strong performance in recent years, making it a valuable addition to any portfolio.
VanEck Vectors Gold Miners ETF (GDX)
The VanEck Vectors Gold Miners ETF (GDX) is a unique precious metals ETF that invests in companies involved in gold mining. This ETF has a higher expense ratio of 0.53%, but it offers investors exposure to the potential growth of gold mining companies. It has seen strong performance in recent years and could be a valuable addition to a well-diversified portfolio.
Aberdeen Standard Physical Platinum Shares (PPLT)
The Aberdeen Standard Physical Platinum Shares (PPLT) is a top choice for investors looking to diversify beyond silver and gold. This ETF tracks the price of platinum and holds physical platinum bullion in a vault. It has a low expense ratio of 0.60% and has seen strong performance in recent years, making it a valuable addition to any portfolio.
Conclusion
Investing in precious metals ETFs can be an intelligent way to diversify a portfolio and protect against market volatility. These five ETFs expose investors to various precious metals, including silver, gold, platinum, and palladium. By considering these ETFs in 2024, investors can see strong returns and add valuable assets to their portfolios. Have you invested in any of these precious metals ETFs? How has their performance been for you? Let us know in the comments.
