11 Surging Silver ETFs as Two-Year High Looms

Fawad Razaqzada, market analyst at Forex.com and City Index, also pointed out that silver has significantly outperformed gold’s post-Brexit gains as silver, unlike gold, “has also many industrial uses and so when base metals like copper rally, silver benefits from this source, too.”


Moreover, the U.S. dollar, which typically has an inverse relationship with precious metals prices, declined Friday. The U.S. Dollar Index, which tracks the U.S. dollar’s movement against a group of major foreign currencies, dipped 0.2% to 95.7 – it was the dollar’s third decline in the past four days.

Related: Attractive Fundamentals Could Further Support Precious Metals ETFs

Investors who are interested in following the silver asset have a number ETF options available.

Silver ETFs and ETN include:

  • ETFS Physical Silver Shares ETF (NYSEArca: SIVR)
  • iShares Silver Trust ETF (NYSEArca: SLV)
  • Powershares DB Silver Fund ETF (NYSEArca: DBS)

Leveraged silver ETFs:

  • ProShares Ultra Silver ETF (NYSEArca: AGQ)
  • VelocityShares 3x Long Silver ETN (NYSEArca: USLV)
  • ProShares UltraShort Silver ETF (NYSEArca: ZSL)
  • VelocityShares 3x Inverse Silver ETN (NYSEArca: DSLV)

Silver miner ETFs:

  • Global X Silver Miners ETF (NYSEArca: SIL)
  • iShares MSCI Global Silver Miners Fund ETF (NYSEArca: SLVP)
  • PureFunds ISE Junior Silver ETF (NYSEArca: SILJ)

For more information on the silver market, visit our silver category.