Silver ETFs: Always a Bridesmaid

By
A A A

Silver: always a bridesmaid, never a bride. While gold exchange traded funds (ETFs) soar to all-time highs, silver ETFs take a backseat even though they're doing slightly better than the yellow metal.

In the last two weeks, silver ETFs are up about 8% while gold is up about 6%. To be fair, both are worthy of attention, but gold always seems to be grabbing just a little more. But silver may have even more appeal than gold when you break it down:

  • Silver has more industrial uses than gold. [ Why the Outlook for Silver is Bullish. ]
  • Silver is cheaper than gold, and as such is often called "the poor man's gold." iShares Silver Trust (NYSEArca: SLV ) can be had for about $20 a share right now; SPDR Gold Shares (NYSEArca: GLD ) is going for around $122 a share today. If GLD is too spendy for you and you want to invest in precious metals, silver may be an appealing option.
  • Like gold, silver is also viewed as both a safe haven and a pretty metal to wear.

Peter Cooper for Goldeek reports that together, both silver and gold advanced late last week in the aftermath of Thursday's 1,000-point plunge in the Dow, and bounced higher in the immediate reaction to the $1 trillion euro-bailout package on Monday morning.


Gold and silver often seem to move in lockstep. As gold is forecast to move higher in the coming months, silver could do the same. [ 5 More Reasons to Like Silver. ]

For more stories about silver, visit our silver category .

In addition to the ETFs below, Global X very recently launched the first silver miners ETF: Global X Silver Miners (NYSEArca: SIL ) , which gives investors an equity play on the metal.

  • ETFS Physical Silver (NYSEArca: SIVR )

  • iShares Silver Trust (NYSEArca: SLV )

  • PowerShares DB Silver (NYSEArca: DBS )



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , ETFs

Referenced Stocks: DBS , SIL , SIVR , SLV

ETF Trends

ETF Trends

More from ETF Trends:

Related Videos

Stocks

Referenced

Most Active by Volume

33,974,386
  • $17.98 ▲ 0.28%
20,763,901
  • $91.29 ▲ 2.06%
19,110,793
  • $7.26 ▼ 1.22%
18,528,869
    $8.33 unch
18,014,920
  • $4.19 ▼ 1.18%
16,448,919
  • $25.83 ▼ 0.19%
14,748,190
  • $7.60 ▼ 1.43%
14,144,383
  • $112.01 ▼ 0.47%
As of 12/24/2014, 02:12 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com