Gold vs. Silver Miners: Silver Miners ETF Outperforms Gold Peers

iShares MSCI Global Silver and Metals Miners ETF (NYSEMKT:SLVP) offers broad exposure to silver and higher yields, whereas Sprott Gold Miners ETF (NYSEMKT:SGDM) provides concentrated exposure to North American gold producers.

Gold and silver miners often move in tandem but represent different industrial and monetary use cases. While SLVP targets the silver space globally, SGDM hones in on North American gold production. This analysis breaks down their differences in cost, liquidity, and underlying assets to help determine which strategy fits a given portfolio.

Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years). The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.

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