Updated
Updated · The Globe and Mail · Aug 21
iShares SLVP Tops Global X SIL With 84.2% 1-Year Return and Lower 0.39% Fee
Updated
Updated · The Globe and Mail · Aug 21

iShares SLVP Tops Global X SIL With 84.2% 1-Year Return and Lower 0.39% Fee

2 articles · Updated · The Globe and Mail · Aug 21

Summary

  • SLVP emerged as the stronger silver-miner ETF pick, beating SIL on cost, income and performance despite managing far less money.
  • The iShares fund charges 0.39% versus 0.65% for SIL, yields 1.9% versus 1.1%, and returned 84.2% over the past year versus 65.4%.
  • Over five years, $1,000 grew to $2,781 in SLVP compared with $2,341 in SIL, while both funds posted similar maximum drawdowns near 48%.
  • SIL still holds a liquidity edge with $4.8 billion in assets under management versus $974.2 million for SLVP, a factor more relevant for active and institutional traders.
  • Both ETFs are fully concentrated in basic materials and offer leveraged exposure to silver miners, a trade supported by silver demand from solar, AI data centers and electronics.

Insights

With silver soaring on AI demand, could SLVP's lower fees and higher yields hide liquidity risks that larger SIL investors easily avoid?
Does a newer hybrid fund combining physical silver and miners actually offer a safer long-term bet than both SLVP and SIL?
As silver nears $70, will skyrocketing tech demand continue fueling these mining ETFs, or will industries engineer cheaper material alternatives?