2026 Silver Market & Silver ETF Investment Guide
The silver market staged a heart-stopping rollercoaster ride in 2026: amid extreme volatility, silver prices soared to an all-time high of $120 per ounce before plummeting sharply to the mid-$70 range. As a unique precious metal with both industrial and financial attributes, silver's performance is driven not only by industrial demand from sectors such as solar energy and electric vehicles but also by interest rates, inflation expectations and market sentiment. Compared with gold, silver's higher volatility makes it one of the most dynamic assets in the commodity market.
Looking ahead to 2026-2030, persistent supply shortages and growing global demand are expected to drive a gradual climb in silver prices, potentially challenging the $145 mark. However, short-term fluctuations are inevitable, and investors need to maintain discipline, keep a close eye on macro trends and prepare for volatility. For ordinary investors seeking a convenient and efficient way to participate in silver investment, silver ETFs offer an ideal solution.
"Physical silver ETFs have three major advantages over other silver investment methods: transparency, liquidity and convenience," noted Sean August, Chief Executive Officer of August Wealth Management Group. "These ETFs disclose their silver holdings on a regular basis and trade easily on major exchanges, allowing investors to gain exposure to silver prices without the need to store and insure physical silver themselves."
Below are five silver ETFs covering different strategies to meet the needs of various types of investors.
$iShares Silver Trust(SLV)$ : The Largest in Scale, King of Liquidity
As the world's largest physical silver ETF, iShares Silver Trust boasts assets under management of over $40 billion and holds more than 498 million ounces of silver, closely tracking the LBMA silver price. SLV offers exceptional liquidity with a 30-day median bid-ask spread of just 0.01%, and features an option chain covering weekly options for flexible investor operations. The ETF has an expense ratio of 0.50%, meaning an annual cost of approximately $50 for a $10,000 investment. For investors seeking direct, pure exposure to silver price movements, SLV is the most reliable choice.
$Abrdn Silver ETF Trust(SIVR)$ : A Low-Cost Physical Option
"I prefer silver ETFs over other ways of holding silver," said Anessa Custovic, Chief Investment Officer of Cardinal Retirement Planning Inc. "You get the diversification benefits of holding silver without the hassle of buying and storing physical bullion." SIVR is precisely such a low-cost physical ETF with an expense ratio of only 0.30%, lower than SLV. With $5.8 billion in assets under management, the fund's silver reserves are custodied by ICBC Standard Bank UK. Transparency is a standout feature of SIVR—on the ETF's official website, investors can download documents to view the serial numbers, fineness, storage locations of silver bars and vault inspection certificates. For cost-sensitive and convenience-seeking investors, SIVR is the perfect complement to SLV.
$Global X Silver Miners ETF(SIL)$ : A Mining Stock Portfolio with Significant Leverage
"Silver mining stocks can provide indirect exposure to silver prices, and due to the fixed costs of mining, they tend to have a leveraged effect on silver prices," explained Roberta Caselli, Commodity Investment Strategist at Global X ETFs. "Unlike direct silver investments, mining companies can expand production as profit margins rise, which bodes well for their stock prices." SIL tracks large global silver mining companies. Despite a five-year beta (relative to the S&P 500) of 0.6, which may seem to indicate low correlation with the U.S. stock market, it actually exhibits high volatility with a standard deviation of 36%. This means SIL may to some extent move independently of the broader market, but it is by no means a low-volatility strategy. It is suitable for investors willing to take on higher risks in pursuit of leveraged gains from rising silver prices.
$Amplify Junior Silver Miners ETF(SILJ)$ : A High-Beta Tool for Small-Cap Mining Companies
"Silver's recent rebound is driven by a combination of tight physical supply, strong industrial demand and a more favorable macro environment," stated Nathan Miller, Vice President of Product Development at Amplify ETFs. "This backdrop benefits junior silver miners, as they often exhibit higher operating leverage when silver prices rise." SILJ tracks the NASDAQ Junior Silver Miners Index, covering 62 small and mid-cap companies, and was one of the best-performing ETFs in 2025. The fund provides diversified exposure to small-scale silver producers and developers, serving as a high-beta way to express a bullish view on silver, but at the cost of higher volatility. With an expense ratio of 0.69%, it is suitable for aggressive investors.
$Sprott Silver Miners & Physical Silver ETF(SLVR)$ : A Hybrid Strategy of Physical Silver and Mining Stocks
Investors seeking balance may turn to SLVR. Approximately 17% of the fund's assets are invested in the Sprott Physical Silver Trust (PSLV), a closed-end fund holding physical silver. Unlike open-ended ETFs, PSLV does not adopt a continuous physical creation and redemption mechanism, so its shares often trade at a premium or discount to net asset value. The remainder of SLVR's positions are invested in more than 60 mining stocks tracking the NASDAQ Sprott Silver Miners Index, with benchmark weights tilted toward Canadian miners, reflecting Canada's mature mining industry and regulatory environment. This structure allows investors to gain exposure to both physical silver itself and companies with leveraged exposure to rising silver prices. With an expense ratio of 0.65%, it is suitable for investors looking to balance stability and offensive potential.
Regardless of which ETF investors choose, they should bear in mind: short-term volatility in silver is inevitable. Maintaining a long-term perspective, selecting the right tools based on one's risk appetite, and closely tracking macroeconomic trends are the keys to navigating silver investment with ease.
For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.
🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now
Find out more here.
Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.
Other helpful links:
-
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
-
How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

