The best precious metals ETFs/ETCs

How to invest in precious metals using ETFs/ETCs

0,00% p.a. - 0,75% p.a.
annual total expense ratio (TER) of precious metals ETFs/ETCs
on precious metals, which are tracked by ETFs
on precious metals
 
The best indices for precious metals ETFs/ETCs

How can I invest in precious metals?

With ETFs you not only have the opportunity to invest in equity or bonds. You can also participate in the price development of commodities like precious metals. However, there are a few things you should know: commodity ETFs always track a whole basket of different commodities, covering at least some of the following segments:
 

Why there are no precious metals ETFs in most European countries

There are no precious metals ETFs that are domiciled within the European Union. This is due to the regulatory framework which is defined by the UCITS directive. According to these guidelines, an index (and thus also corresponding ETFs) must always provide a minimum degree of diversification and may not consist of only a few components. Consequently, regulations in the EU do not allow the launch of a precious metals ETF.

If you want to invest particularly in precious metals, you can do so via Exchange Traded Commodities (ETC). Please have a look at our article "What is an ETC?" for a detailed explanation of the similarities and differences between ETFs and ETCs.
 

Collateralisation of precious metals ETCs

Some precious metals ETCs indicate the spot price and are physically backed. This means that physical holdings of the respective precious metals are stored in the treasury of a trustee as collateral for the corresponding ETC. Other ETCs track the value of the precious metals based on futures contracts. These ETCs are also backed with collateral, which is usually checked on a daily basis. However, the collateral in such a case is not in the form of precious metal stocks, but in the form of cash investments or securities with top credit standing.

In this investment guide you will find all ETCs that allow you to invest in precious metals.
 

Bloomberg Precious Metals performance

1 month: -0,22%
1 year: 36,68%
3 years: 41,16%
5 years: 69,28%
 

Precious metals ETFs/ETCs in comparison

The most important factors at a glance

When choosing a precious metals ETF or ETC one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all precious metals ETFs/ETCs with details on size, cost, age, income, domicile and replication method ranked by fund size.

Compare all precious metals ETFs/ETCs in detail
Compare all precious metals ETFs/ETCs in a chart

Provider
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
Invesco Physical Gold AIE00B579F325 15.864 0,12% p.a. Accumulerend Ierland Fysiek gedekt
iShares Physical Gold ETCIE00B4ND3602 15.798 0,12% p.a. Accumulerend Ierland Fysiek gedekt
Xetra-GoldDE000A0S9GB0 13.745 0,00% p.a. Accumulerend Duitsland Fysiek gedekt
Xtrackers IE Physical Gold ETC SecuritiesDE000A2T0VU5 4.971 0,11% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Physical GoldJE00B1VS3770 4.574 0,39% p.a. Accumulerend Jersey Fysiek gedekt
Amundi Physical Gold ETC (C)FR0013416716 4.572 0,12% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Physical Swiss GoldJE00B588CD74 2.929 0,15% p.a. Accumulerend Jersey Fysiek gedekt
Gold Bullion SecuritiesGB00B00FHZ82 2.815 0,40% p.a. Accumulerend Jersey Fysiek gedekt
WisdomTree Physical SilverJE00B1VS3333 1.746 0,49% p.a. Accumulerend Jersey Fysiek gedekt
Xtrackers Physical Gold ETC (EUR)DE000A1E0HR8 1.354 0,25% p.a. Accumulerend Jersey Fysiek gedekt
Xtrackers Physical Gold EUR Hedged ETCDE000A1EK0G3 1.146 0,59% p.a. Accumulerend Jersey Fysiek gedekt
WisdomTree Core Physical GoldJE00BN2CJ301 1.098 0,12% p.a. Accumulerend Jersey Fysiek gedekt
iShares Physical Silver ETCIE00B4NCWG09 1.095 0,20% p.a. Accumulerend Ierland Fysiek gedekt
HANetf The Royal Mint Responsibly Sourced Physical Gold ETCXS2115336336 916 0,22% p.a. Accumulerend Ierland Fysiek gedekt
Xtrackers IE Physical Gold EUR Hedged ETC SecuritiesDE000A2T5DZ1 659 0,28% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Physical PlatinumJE00B1VS2W53 530 0,49% p.a. Accumulerend Jersey Fysiek gedekt
WisdomTree Physical Gold - EUR Daily HedgedJE00B8DFY052 374 0,25% p.a. Accumulerend Jersey Fysiek gedekt
Invesco Physical SilverIE00B43VDT70 263 0,19% p.a. Accumulerend Ierland Fysiek gedekt
Invesco Physical Gold EUR Hedged ETCXS2183935274 261 0,34% p.a. Accumulerend Ierland Fysiek gedekt
Xtrackers Physical Silver ETC (EUR)DE000A1E0HS6 250 0,40% p.a. Accumulerend Jersey Fysiek gedekt
Xtrackers Physical Silver EUR Hedged ETCDE000A1EK0J7 149 0,75% p.a. Accumulerend Jersey Fysiek gedekt
WisdomTree Physical Precious MetalsJE00B1VS3W29 145 0,44% p.a. Accumulerend Jersey Fysiek gedekt
Xtrackers IE Physical Silver ETC SecuritiesDE000A2T0VS9 134 0,20% p.a. Accumulerend Ierland Fysiek gedekt
iShares Physical Platinum ETCIE00B4LHWP62 132 0,20% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Physical PalladiumJE00B1VS3002 105 0,49% p.a. Accumulerend Jersey Fysiek gedekt
WisdomTree Precious MetalsGB00B15KYF40 77 0,49% p.a. Accumulerend Jersey Swap-gebaseerd
WisdomTree GoldGB00B15KXX56 70 0,49% p.a. Accumulerend Jersey Swap-gebaseerd
Xtrackers Physical Platinum EUR Hedged ETCDE000A1EK0H1 57 0,75% p.a. Accumulerend Jersey Fysiek gedekt
WisdomTree SilverGB00B15KY328 55 0,49% p.a. Accumulerend Jersey Swap-gebaseerd
iShares Physical Gold EUR Hedged ETCIE0009JOT9U1 35 0,25% p.a. Accumulerend Ierland Fysiek gedekt
Xtrackers IE Physical Silver EUR Hedged ETC SecuritiesDE000A2UDH55 33 0,73% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Silver - EUR Daily HedgedJE00B5SV2703 30 0,49% p.a. Accumulerend Jersey Swap-gebaseerd
iShares Physical Palladium ETCIE00B4556L06 28 0,20% p.a. Accumulerend Ierland Fysiek gedekt
Invesco Physical PlatinumIE00B40QP990 18 0,19% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Gold - EUR Daily HedgedJE00B4RKQV36 18 0,49% p.a. Accumulerend Jersey Swap-gebaseerd
Xtrackers IE Physical Platinum ETC SecuritiesDE000A2T0VT7 14 0,38% p.a. Accumulerend Ierland Fysiek gedekt
Invesco Physical PalladiumIE00B4LJS984 12 0,19% p.a. Accumulerend Ierland Fysiek gedekt
Xtrackers IE Physical Platinum EUR Hedged ETC SecuritiesDE000A2UDH63 8 0,73% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Precious Metals - EUR Daily HedgedJE00B78NPQ01 1 0,49% p.a. Accumulerend Jersey Swap-gebaseerd

Source: justETF.com; As of 20-11-2024

 

Return comparison of all precious metals ETFs/ETCs

The table shows the returns of all precious metals ETFs/ETCs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.

ETF   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
Invesco Physical Silver 11,20% 16,98% 24,01% 41,03% 48,86%
iShares Physical Silver ETC 11,17% 16,94% 23,98% 41,00% 48,76%
Xtrackers IE Physical Silver ETC Securities 11,19% 16,98% 23,99% 40,99% 48,81%
WisdomTree Physical Silver 11,15% 16,88% 23,78% 40,62% 47,50%
Xtrackers IE Physical Silver EUR Hedged ETC Securities 7,86% 16,77% 24,13% 40,15% 24,85%
WisdomTree Silver - EUR Daily Hedged 4,35% 12,42% 21,32% 37,31% 19,48%
WisdomTree Silver 7,65% 12,35% 20,70% 37,14% 38,86%
Xtrackers Physical Silver ETC (EUR) 8,33% 13,92% 20,69% 37,11% 23,75%
Xtrackers Physical Silver EUR Hedged ETC 4,91% 13,65% 20,90% 36,75% 22,94%
iShares Physical Gold EUR Hedged ETC 3,81% 12,13% 17,29% 34,16% -
Xtrackers Physical Gold EUR Hedged ETC 4,10% 12,40% 17,47% 34,05% 43,06%
WisdomTree Precious Metals - EUR Daily Hedged 3,74% 11,85% 18,16% 34,01% 31,75%
Xtrackers Physical Gold ETC (EUR) 7,48% 12,62% 17,17% 33,94% 41,65%
Xetra-Gold 6,90% 12,77% 17,45% 33,92% 64,11%
WisdomTree Physical Gold - EUR Daily Hedged 3,72% 11,97% 17,02% 33,75% 42,61%
Invesco Physical Gold EUR Hedged ETC 3,78% 12,07% 17,16% 33,72% 42,20%
Xtrackers IE Physical Gold EUR Hedged ETC Securities 3,78% 12,06% 17,19% 33,64% 42,26%
WisdomTree Precious Metals 6,96% 11,89% 17,59% 33,54% 51,53%
Xtrackers IE Physical Gold ETC Securities 6,96% 12,11% 16,67% 33,48% 64,79%
Amundi Physical Gold ETC (C) 6,95% 12,09% 16,65% 33,45% 64,78%
Invesco Physical Gold A 6,95% 12,09% 16,66% 33,45% 64,78%
WisdomTree Core Physical Gold 6,95% 12,10% 16,66% 33,45% 64,78%
iShares Physical Gold ETC 6,96% 12,10% 16,67% 33,44% 64,78%
WisdomTree Physical Swiss Gold 6,95% 12,09% 16,64% 33,41% 64,63%
HANetf The Royal Mint Responsibly Sourced Physical Gold ETC 6,93% 12,04% 16,56% 33,24% 64,13%
WisdomTree Physical Gold 6,93% 12,02% 16,50% 33,09% 63,45%
Gold Bullion Securities 6,92% 12,01% 16,49% 33,07% 63,40%
WisdomTree Gold - EUR Daily Hedged 3,57% 11,78% 17,22% 32,84% 35,21%
WisdomTree Gold 6,68% 11,73% 16,59% 32,30% 55,03%
WisdomTree Physical Precious Metals 8,08% 13,22% 17,61% 27,11% 28,93%
Invesco Physical Platinum 3,91% 1,82% 4,27% 3,10% 4,92%
iShares Physical Platinum ETC 3,89% 1,79% 4,30% 3,07% 4,88%
Xtrackers Physical Platinum EUR Hedged ETC 0,81% 1,73% 4,52% 3,04% -10,28%
Xtrackers IE Physical Platinum ETC Securities 3,89% 1,77% 4,17% 2,89% 4,32%
WisdomTree Physical Platinum 3,89% 1,73% 4,12% 2,79% 3,99%
Xtrackers IE Physical Platinum EUR Hedged ETC Securities 0,78% 1,62% 4,33% 2,63% -11,48%
Invesco Physical Palladium 15,95% 21,22% 17,51% -3,54% -39,30%
iShares Physical Palladium ETC 15,93% 21,19% 17,49% -3,58% -39,33%
WisdomTree Physical Palladium 15,94% 21,13% 17,34% -3,83% -39,84%
ETF   2024
in %
2023
in %
2022
in %
2021
in %
2020
in %
Invesco Physical Silver 43,16% -4,28% 9,91% -5,68% 33,76%
iShares Physical Silver ETC 43,13% -4,28% 9,91% -5,69% 33,70%
Xtrackers IE Physical Silver ETC Securities 43,13% -4,30% 9,93% -5,13% -
WisdomTree Physical Silver 42,74% -4,57% 9,65% -5,95% 33,42%
Xtrackers Physical Silver ETC (EUR) 39,23% -10,45% 3,30% 7,28% 33,75%
Xtrackers IE Physical Silver EUR Hedged ETC Securities 37,59% -4,64% -0,68% -14,52% -
WisdomTree Silver 37,51% -5,34% 7,20% -5,90% 29,01%
Xetra-Gold 35,51% 9,31% 7,11% 4,00% 13,18%
Xtrackers Physical Gold ETC (EUR) 35,01% 2,72% -0,67% 18,64% 12,92%
Amundi Physical Gold ETC (C) 34,47% 9,72% 5,61% 4,88% 13,00%
iShares Physical Gold ETC 34,47% 9,73% 5,62% 3,95% 13,69%
WisdomTree Core Physical Gold 34,46% 9,71% 5,61% 3,97% -
Xtrackers IE Physical Gold ETC Securities 34,46% 9,43% 6,99% 3,80% -
Xtrackers Physical Silver EUR Hedged ETC 34,23% -4,26% -0,23% -14,21% 43,28%
Invesco Physical Gold A 34,15% 9,71% 5,61% 3,95% 13,66%
WisdomTree Physical Swiss Gold 34,11% 9,68% 5,57% 3,95% 13,72%
HANetf The Royal Mint Responsibly Sourced Physical Gold ETC 34,03% 10,30% 6,42% 3,05% -
WisdomTree Precious Metals 34,00% 4,03% 4,58% 0,69% 13,76%
WisdomTree Physical Gold 33,85% 9,41% 5,32% 3,71% 13,46%
Gold Bullion Securities 33,84% 9,40% 5,32% 3,69% 13,46%
WisdomTree Gold 32,92% 7,02% 3,73% 2,71% 9,48%
WisdomTree Silver - EUR Daily Hedged 32,37% -4,79% -2,23% -14,34% 37,27%
iShares Physical Gold EUR Hedged ETC 30,41% 10,41% - - -
Xtrackers Physical Gold EUR Hedged ETC 30,41% 10,50% -3,24% -4,86% 21,56%
Xtrackers IE Physical Gold EUR Hedged ETC Securities 29,95% 9,97% -2,05% -5,86% -
Invesco Physical Gold EUR Hedged ETC 29,94% 10,04% -2,18% -5,87% -
WisdomTree Precious Metals - EUR Daily Hedged 29,76% 5,08% -4,26% -8,23% 21,73%
WisdomTree Physical Gold - EUR Daily Hedged 29,05% 11,25% -2,42% -5,95% 21,34%
WisdomTree Gold - EUR Daily Hedged 28,85% 8,19% -4,84% -6,53% 17,40%
WisdomTree Physical Precious Metals 28,11% -6,66% 5,80% -3,89% 15,77%
Invesco Physical Palladium 1,81% -39,71% -1,71% -12,74% 13,43%
iShares Physical Palladium ETC 1,51% -39,70% -1,73% -12,70% 13,10%
WisdomTree Physical Palladium 1,44% -39,89% -2,00% -13,04% 12,89%
Invesco Physical Platinum 0,39% -8,99% 17,33% -3,60% 1,32%
iShares Physical Platinum ETC 0,31% -8,98% 17,32% -3,62% 1,52%
Xtrackers IE Physical Platinum ETC Securities 0,27% -8,94% 16,20% -1,95% -
WisdomTree Physical Platinum 0,12% -9,27% 16,98% -3,89% 1,44%
Xtrackers Physical Platinum EUR Hedged ETC -3,23% -8,70% 6,78% -11,73% 8,79%
Xtrackers IE Physical Platinum EUR Hedged ETC Securities -3,47% -8,97% 5,52% -11,53% -

Source: justETF.com; As of 31-10-2024; Calculations in EUR including dividends