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The best precious metals ETFs/ETCs

How to invest in precious metals using ETFs/ETCs

0.12% p.a. - 0.75% p.a.
annual total expense ratio (TER) of precious metals ETFs/ETCs
9 Indices
on precious metals, which are tracked by ETFs
38 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: -3.95%
1 year: 7.50%
3 years: 98.46%
5 years: 97.25%
 

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 CHF		 TER
in %		 Use of profits Fund domicile Replication method
Invesco Physical Gold ETCIE00B579F325 24,301 0.12% p.a. Accumulating Ireland Physically backed
Swisscanto (CH) Gold ETF EA CHFCH0139101593 6,447 0.40% p.a. Distributing Switzerland Physically backed
UBS ETF (CH) Gold (USD) A-disCH0106027193 4,928 0.23% p.a. Distributing Switzerland Physically backed
Swisscanto (CH) Gold ETF EA USDCH0047533549 4,023 0.40% p.a. Distributing Switzerland Physically backed
Swisscanto (CH) Gold ETF EAH CHFCH0139101601 2,679 0.40% p.a. Distributing Switzerland Physically backed
UBS ETF (CH) Gold (CHF) hedged (CHF) A-disCH0106027128 2,467 0.23% p.a. Distributing Switzerland Physically backed
Swisscanto (CH) Silver ETF EA CHFCH0183135976 2,246 0.60% p.a. Distributing Switzerland Physically backed
Swisscanto (CH) Gold ETF EA EURCH0047533523 1,917 0.40% p.a. Distributing Switzerland Physically backed
Xtrackers Physical Gold EUR Hedged ETCDE000A1EK0G3 1,788 0.59% p.a. Accumulating Jersey Physically backed
Invesco Physical Gold EUR Hedged ETCXS2183935274 1,396 0.34% p.a. Accumulating Ireland Physically backed
iShares Gold (CH)CH0104136236 1,322 0.19% p.a. Accumulating Switzerland Full replication
Swisscanto (CH) Silver ETF EA USDCH0183136008 950 0.60% p.a. Distributing Switzerland Physically backed
Swisscanto (CH) Gold ETF EAH EURCH0103326762 918 0.40% p.a. Distributing Switzerland Physically backed
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A USDCH1122756740 887 0.29% p.a. Distributing Switzerland Physically backed
UBS ETF (CH) Gold (EUR) hedged (EUR) A-disCH0106027144 812 0.23% p.a. Distributing Switzerland Physically backed
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable H CHF (hedged)CH1122756732 778 0.30% p.a. Distributing Switzerland Physically backed
iShares Gold CHF Hedged (CH)CH0104136285 602 0.22% p.a. Accumulating Switzerland Full replication
Swisscanto (CH) Silver ETF EA EURCH0183135992 569 0.60% p.a. Distributing Switzerland Physically backed
Swisscanto (CH) Platinum ETF EA CHFCH0183136057 522 0.50% p.a. Distributing Switzerland Physically backed
Swisscanto (CH) Silver ETF EAH CHFCH0183136024 473 0.60% p.a. Distributing Switzerland Physically backed
UBS ETF (CH) Silver (USD) A-disCH0118929048 465 0.45% p.a. Distributing Switzerland Physically backed
Xtrackers Physical Gold ETCGB00B5840F36 399 0.25% p.a. Accumulating Jersey Physically backed
Raiffeisen ETF Solid Gold Ounces A-CHFCH0134034849 342 0.27% p.a. Distributing Switzerland Physically backed
Xtrackers Physical Silver EUR Hedged ETCDE000A1EK0J7 262 0.75% p.a. Accumulating Jersey Physically backed
iShares Gold EUR Hedged (CH)CH0104136319 172 0.22% p.a. Accumulating Switzerland Full replication
Swisscanto (CH) Gold ETF EAH GBPCH0104493306 140 0.40% p.a. Distributing Switzerland Physically backed
Raiffeisen ETF Solid Gold Ounces H-CHF (hedged)CH0134034864 135 0.27% p.a. Distributing Switzerland Physically backed
Swisscanto (CH) Palladium ETF EA CHFCH0183136065 120 0.50% p.a. Distributing Switzerland Physically backed
Raiffeisen ETF Solid Gold Ounces A-USDCH0221616417 116 0.27% p.a. Distributing Switzerland Physically backed
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A CHFCH1122756724 92 0.29% p.a. Distributing Switzerland Physically backed
Swisscanto (CH) Silver ETF EAH EURCH0183136040 89 0.60% p.a. Distributing Switzerland Physically backed
Swisscanto (CH) Gold ETF EA GBPCH0104493298 65 0.40% p.a. Distributing Switzerland Physically backed
UBS ETF (CH) Platinum (USD) A-disCH0116014934 62 0.35% p.a. Distributing Switzerland Physically backed
Raiffeisen ETF Solid Gold H-CHF (hedged)CH0134034906 53 0.30% p.a. Distributing Switzerland Physically backed
HANetf The Royal Mint Responsibly Sourced Physical Gold CHF Hedged ETCXS2892962718 39 0.35% p.a. Accumulating Ireland Physically backed
UBS (CH) Fund Solutions Carbon Compensated Gold ETF (USD) A-accCH1233056329 31 0.30% p.a. Accumulating Switzerland Full replication
Raiffeisen ETF Solid Gold A-USDCH0134034930 20 0.30% p.a. Distributing Switzerland Physically backed
UBS ETF (CH) Palladium (USD) A-disCH0118929022 9 0.35% p.a. Distributing Switzerland Physically backed

Source: justETF.com; As of 14/10/2026

 

Find the best Precious metals ETFs/ETCs

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 %
UBS ETF (CH) Silver (USD) A-dis -10.33% 6.38% -10.64% 37.03% 137.49%
Swisscanto (CH) Silver ETF EA CHF -5.88% 6.58% -10.28% 35.08% 143.94%
Swisscanto (CH) Silver ETF EA EUR -5.79% 6.50% -10.49% 34.78% 144.21%
Swisscanto (CH) Silver ETF EA USD -5.58% 6.16% -10.32% 34.72% 144.42%
Xtrackers Physical Silver EUR Hedged ETC -11.65% 5.34% -13.14% 27.58% 132.32%
Swisscanto (CH) Silver ETF EAH EUR -8.08% 5.16% -12.77% 25.51% 139.77%
Swisscanto (CH) Silver ETF EAH CHF -9.44% 1.59% -16.57% 20.46% 127.44%
Invesco Physical Gold ETC -5.01% 6.92% -3.85% 14.13% 103.47%
Swisscanto (CH) Gold ETF EA CHF -5.34% 7.27% -3.97% 14.07% 101.26%
iShares Gold (CH) -5.02% 6.90% -3.88% 14.05% 103.03%
UBS ETF (CH) Gold (USD) A-dis -5.03% 6.90% -3.90% 13.99% 102.79%
Raiffeisen ETF Solid Gold Ounces A-USD -5.03% 6.89% -3.92% 13.97% 102.58%
Xtrackers Physical Gold ETC -5.46% 6.89% -3.91% 13.97% 102.65%
Raiffeisen ETF Solid Gold Ounces A-CHF -5.04% 6.88% -3.98% 13.96% 102.19%
Raiffeisen ETF Solid Gold A-USD -5.03% 6.89% -3.92% 13.95% 102.49%
Swisscanto (CH) Gold ETF EA GBP -5.09% 7.28% -4.22% 13.95% 100.90%
UBS (CH) Fund Solutions Carbon Compensated Gold ETF (USD) A-acc -5.05% 6.88% -3.94% 13.95% 102.48%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A USD -5.03% 6.88% -3.93% 13.94% 102.45%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A CHF -5.04% 6.88% -3.99% 13.92% 101.97%
UBS ETF (CH) Platinum (USD) A-dis -5.59% 12.74% -6.96% 13.87% 68.18%
Swisscanto (CH) Gold ETF EA EUR -5.25% 7.18% -4.18% 13.82% 101.48%
Swisscanto (CH) Gold ETF EA USD -5.04% 6.85% -4.00% 13.76% 101.66%
Swisscanto (CH) Platinum ETF EA CHF -2.68% 14.28% -6.00% 13.73% 69.94%
Swisscanto (CH) Gold ETF EAH GBP -7.16% 7.22% -3.99% 11.45% 113.35%
iShares Gold EUR Hedged (CH) -7.57% 5.99% -6.15% 7.79% 103.00%
UBS ETF (CH) Gold (EUR) hedged (EUR) A-dis -7.53% 6.00% -6.14% 7.54% 102.82%
Swisscanto (CH) Gold ETF EAH EUR -7.57% 5.91% -6.24% 7.27% 101.14%
Invesco Physical Gold EUR Hedged ETC -7.57% 5.92% -6.29% 7.21% 101.09%
Xtrackers Physical Gold EUR Hedged ETC -7.79% 5.88% -6.33% 7.09% 100.64%
iShares Gold CHF Hedged (CH) -8.91% 2.49% -10.20% 3.83% 92.15%
Raiffeisen ETF Solid Gold Ounces H-CHF (hedged) -8.90% 2.30% -10.29% 3.46% 91.47%
Raiffeisen ETF Solid Gold H-CHF (hedged) -8.90% 2.30% -10.29% 3.45% 91.30%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable H CHF (hedged) -8.90% 2.29% -10.30% 3.44% 91.29%
UBS ETF (CH) Gold (CHF) hedged (CHF) A-dis -8.87% 2.43% -10.27% 3.42% 91.60%
HANetf The Royal Mint Responsibly Sourced Physical Gold CHF Hedged ETC -9.06% 2.36% -10.34% 3.34% -
Swisscanto (CH) Gold ETF EAH CHF -8.90% 2.38% -10.31% 3.26% 90.20%
UBS ETF (CH) Palladium (USD) A-dis -12.19% 3.18% -11.00% 3.19% -14.21%
Swisscanto (CH) Palladium ETF EA CHF -12.34% 3.03% -10.77% 0.00% -13.01%
ETF   2026
in %		 2025
in %		 2024
in %		 2023
in %		 2022
in %
Xtrackers Physical Gold ETC 6.10% 44.00% 36.51% 3.03% 0.53%
iShares Gold (CH) 1.94% 44.10% 36.59% 3.09% 0.59%
UBS ETF (CH) Gold (USD) A-dis 0.80% 46.15% 35.17% 3.58% 0.71%
UBS (CH) Fund Solutions Carbon Compensated Gold ETF (USD) A-acc 0.75% 46.05% 35.13% - -
Raiffeisen ETF Solid Gold Ounces A-USD 0.49% 46.09% 35.35% 3.82% 0.51%
Raiffeisen ETF Solid Gold A-USD 0.48% 46.06% 35.34% 3.80% 0.48%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A USD 0.47% 46.07% 35.31% 3.81% 0.47%
Swisscanto (CH) Gold ETF EA CHF 0.43% 45.76% 34.63% 3.81% 1.53%
Raiffeisen ETF Solid Gold Ounces A-CHF 0.40% 46.37% 35.32% 3.82% 0.23%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable A CHF 0.38% 46.32% 35.26% 3.79% 0.18%
Swisscanto (CH) Gold ETF EA USD 0.35% 45.89% 35.17% 3.58% 1.20%
Swisscanto (CH) Gold ETF EA EUR 0.27% 45.48% 35.57% 3.67% 1.55%
Swisscanto (CH) Gold ETF EA GBP 0.25% 45.99% 35.58% 3.34% 1.66%
Invesco Physical Gold ETC -0.04% 44.19% 36.70% 3.17% 0.67%
Swisscanto (CH) Gold ETF EAH GBP -1.69% 55.53% 32.25% 8.22% -10.48%
iShares Gold EUR Hedged (CH) -3.23% 58.70% 25.88% 4.22% -7.68%
UBS ETF (CH) Gold (EUR) hedged (EUR) A-dis -4.46% 60.11% 24.73% 5.57% -7.51%
Swisscanto (CH) Gold ETF EAH EUR -4.84% 60.42% 24.62% 4.74% -6.77%
Invesco Physical Gold EUR Hedged ETC -5.64% 60.80% 26.18% 3.47% -6.75%
Xtrackers Physical Gold EUR Hedged ETC -5.72% 58.29% 25.62% 3.91% -7.77%
iShares Gold CHF Hedged (CH) -6.72% 56.69% 20.79% 8.47% -3.74%
UBS ETF (CH) Gold (CHF) hedged (CHF) A-dis -8.24% 58.84% 19.73% 9.31% -3.47%
Raiffeisen ETF Solid Gold Ounces H-CHF (hedged) -8.27% 59.08% 19.74% 8.97% -3.96%
Raiffeisen ETF Solid Gold H-CHF (hedged) -8.28% 59.04% 19.70% 8.94% -4.03%
Raiffeisen ETF Solid Gold Responsibly Sourced & Traceable H CHF (hedged) -8.29% 59.04% 19.70% 9.68% -4.03%
HANetf The Royal Mint Responsibly Sourced Physical Gold CHF Hedged ETC -8.32% 58.59% - - -
Swisscanto (CH) Gold ETF EAH CHF -8.35% 58.27% 19.47% 9.11% -2.82%
Swisscanto (CH) Silver ETF EA CHF -11.58% 115.48% 29.93% -10.22% 3.66%
Swisscanto (CH) Silver ETF EA USD -11.65% 115.67% 30.45% -10.41% 3.32%
Swisscanto (CH) Silver ETF EA EUR -11.72% 115.05% 30.84% -10.32% 3.68%
Swisscanto (CH) Platinum ETF EA CHF -12.55% 97.49% -1.98% -16.44% 12.04%
UBS ETF (CH) Silver (USD) A-dis -14.59% 121.27% 30.51% -8.32% 4.21%
Swisscanto (CH) Silver ETF EAH EUR -17.09% 136.74% 20.03% -10.05% -5.54%
UBS ETF (CH) Platinum (USD) A-dis -18.84% 112.59% -1.80% -12.45% 8.18%
Swisscanto (CH) Silver ETF EAH CHF -20.32% 134.14% 15.35% -6.30% -1.42%
Xtrackers Physical Silver EUR Hedged ETC -21.42% 138.49% 20.12% -9.96% -4.90%
Swisscanto (CH) Palladium ETF EA CHF -21.70% 54.38% -11.14% -44.44% -4.92%
UBS ETF (CH) Palladium (USD) A-dis -22.46% 59.22% -13.94% -42.24% -7.07%

Source: justETF.com; As of 30/09/2026; Calculations in CHF including dividends