Silver Miners ETF SLVP Tops Gold-Focused SGDM as Metal Choice Drives Returns

Overview

• SLVP gained 138.5% over the past year, while SGDM rose 84.7%.
• SLVP targets silver and other metals miners, whereas SGDM tracks gold miners listed in North America with top stakes in Agnico Eagle, Barrick, and Wheaton.
• SLVP shows higher risk with a 0.90 beta and a five-year max drawdown of 56.18% compared with SGDM's 0.55 beta and 49.68% drawdown.
• SLVP charges a 0.39% annual fee and yields 1.7%, versus SGDM’s 0.50% fee and 1.0% yield.
• Mining ETFs can outpace funds that hold physical metal when prices climb, but company and cycle risks mean deeper losses in downturns.