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This ETF gives investors an opportunity to achieve exposure to silver without holding the physical metal or encountering the nuances of a futures-based strategy. For investors looking to bet on increased demand for this raw material used widely in various applications, SLVP is a viable option. Like other commodity producers ETFs, this product can be expected to trades as a leveraged play on the underlying silver spot price, meaning that this fund can experience significant volatility, while also serving as a potentially powerful tool for profiting from a surge in commodity prices. The word global in SLVP’s name could be interpreted as a bit misleading; this ETF allocates less than a quarter of its total assets to stocks from emerging markets. Similar to its only competitor, SIL, this ETF is also tilted towards Canadian mining stocks. However, SLVP is the more appealing option from a cost perspective as it boasts a cheaper expense ratio. Investors should however also note that SIL is available for commission free trading on the E* Trade and Interactive Brokers platforms.
The adjacent table gives investors an individual Realtime Rating for SLVP on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Commodity Producers Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This ETF is currently available for commission free trading on the following platforms: (Fidelity)
There are 15 other ETFs in the Commodity Producers Equities ETFdb Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of SLVP relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
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