SLV vs. SIVR vs. AGQ: Which Silver ETF Offers the Best Defense amid the Middle East Conflict?

Silver exchange-traded funds (ETFs) traded higher on Friday, as the U.S.-Israel-Iran war continues to intensify, with investors seeking out a safe haven for their assets.

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Using the TipRanks Best Silver ETFs tool, this article highlights three ETFs for investors seeking to build a defensive position amid concerns about the war’s economic impact. The ETFs are the Aberdeen Standard Physical Silver Shares ETF SIVR +3.22% ▲ , the iShares Silver Trust SLV +3.19% ▲ , and the ProShares Ultra Silver AGQ +6.42% ▲ .

They were selected for their top six-month performance and technical analysis indicators.

**ProShares Ultra Silver **AGQ +6.42% ▲

Investors gain silver market access through AGQ, which leverages short-term futures on the metal to profit from its immediate price fluctuations.

This approach sets it apart from others focused on holding for the long term. AGQ currently has about $2.3 billion under management and has an expense ratio of 0.95%.

This ETF has gained 145.95% over the last six months. The summary of all indicators under the AGQ ETF Technical Analysis page indicates that this ETF is a Buy based on three Bearish, five Neutral, and 12 Bullish signals logged over the past month.

**Aberdeen Standard Physical Silver Shares ETF **SIVR +3.22% ▲

SIVR offers direct access to silver prices and stands out for its comparatively low 0.30% expense ratio, making it the most cost-efficient option of the ETFs spotlighted in this article. The fund currently oversees $6.32 billion in assets.

The summary of all indicators under the SIVR ETF Technical Analysis page suggests that this ETF is a Buy based on four Bearish, four Neutral, and 12 Bullish signals posted over the past month. SIVR has gained 100.87% over the last six months.

iShares Silver Trust SLV +3.19% ▲

SLV stands out as the pioneer vehicle for silver exposure and is the largest and most heavily traded silver ETF globally, giving investors ample liquidity.

Instead of relying on futures or other derivatives, SLV holds physical silver bars in vaults. Its management services come with an expense ratio of 0.50%, with the fund currently overseeing $44.11 billion in assets.

SLV’s price has risen 100.70% over the past six months. In addition, the summary of all indicators under the SLV ETF Technical Analysis page shows that this ETF is a Buy based on four Bearish, three Neutral, and 13 Bullish signals recorded over the past month.

Conclusion

The ProShares Ultra Silver AGQ +6.42% ▲ stands out among the three for its leading six-month performance and has similar technical indicators to the others. However, some investors might find its higher expense ratio discouraging.

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