SLVP vs SLVR

SLVPBiShares MSCI Global Silver and Metals Miners ETF

SLVRDSprott Silver Miners & Physical Silver ETF

In short

SLVP About 40 global silver and metals miners in one ticker, priced below the typical precious-metals miner fund. Running since 2012, and read the 'metals miners' part of the name: the index reaches past pure silver plays.

SLVR Most silver funds make you choose: the metal or the miners. SLVR holds both, tracking an index of silver-mining companies alongside physical-silver trusts, in a peer group where 'precious metals miners' usually means gold.

Stated mandate

SLVP The fund is designed to follow an index of worldwide companies whose principal business is silver exploration or metals mining.

SLVR The Fund seeks to track an index focused on silver-mining companies and physical-silver trusts. It normally invests at least 80% of total assets in securities of that index.

Why people hold it

• SLVP 0.39% a year undercuts the 0.52% median for precious-metals miner funds, and matches the fee on the iShares gold-miner sibling, RING.
• Global mandate, not a US-listing screen: the MSCI ACWI Select Silver Miners IMI covers worldwide companies whose principal business is silver exploration or metals mining.
• Trading since 2012, one of the longer-running silver miner funds on the shelf, and it stands among the stronger implementations in its precious-metals mining peer group.

• SLVR One wrapper, both sides of the silver trade: the index blends silver miners with physical-silver trusts, and at least 80% of assets normally sit in it.
• Genuinely silver-first. Much of its cohort (RING, GDX, GDXJ) is built around gold miners, with silver as an afterthought.
• The portfolio hews closely to the index it promises, with little style drift, and spreads across roughly 80 miners and metal trusts.

Worth knowing

• SLVP Roughly 40 stocks, so individual miners carry real weight and the whole basket keys off one metal's fortunes.
• "And Metals Miners" is doing work in the name: the mandate covers silver exploration or metals mining, so diversified miners can sit beside pure silver plays.
• Not the cheapest silver miner ticket: AGMI lists at 0.35%, though it lacks SLVP's record back to 2012.

• SLVR At 0.65% a year, it costs more than the typical fund in its group. AGMI (0.35%) and SLVP (0.39%) cover silver miners for less.
• One metal, one industry. Miner shares tend to amplify silver's swings in both directions, and this book is concentrated.
• Launched in 2025, so the track record is short. Volume is moderate rather than heavy, and cash comes back once or twice a year, not monthly.

Full SLVP profile⁠

Full SLVR profile⁠