The best precious metals ETFs/ETCs

How to invest in precious metals using ETFs/ETCs

0,11% p.a. - 0,95% p.a.
annual total expense ratio (TER) of precious metals ETFs/ETCs
15 Indices
on precious metals, which are tracked by ETFs
43 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: -8,77%
1 year: 29,22%
3 years: 100,05%
5 years: 113,56%
 

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

ETF name
ISIN		   Fund size
in m EUR		 TER
in %		 Use of profits Fund domicile Replication method
Invesco Physical Gold ETCIE00B579F325 22.924 0,12% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Physical GoldJE00B1VS3770 5.832 0,39% p.a. Accumulerend Jersey Fysiek gedekt
Xtrackers IE Physical Gold ETC SecuritiesDE000A2T0VU5 5.320 0,11% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Physical Swiss GoldJE00B588CD74 4.213 0,15% p.a. Accumulerend Jersey Fysiek gedekt
Gold Bullion SecuritiesGB00B00FHZ82 3.326 0,40% p.a. Accumulerend Jersey Fysiek gedekt
iShares Physical Silver ETCIE00B4NCWG09 2.425 0,20% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Physical SilverJE00B1VS3333 2.255 0,49% p.a. Accumulerend Jersey Fysiek gedekt
Xtrackers Physical Gold ETC (EUR)DE000A1E0HR8 2.178 0,25% p.a. Accumulerend Jersey Fysiek gedekt
WisdomTree Core Physical GoldJE00BN2CJ301 1.915 0,12% p.a. Accumulerend Jersey Fysiek gedekt
Xtrackers Physical Gold EUR Hedged ETCDE000A1EK0G3 1.797 0,59% p.a. Accumulerend Jersey Fysiek gedekt
HANetf The Royal Mint Responsibly Sourced Physical Gold ETCXS2115336336 1.246 0,22% p.a. Accumulerend Ierland Fysiek gedekt
Invesco Physical Gold EUR Hedged ETCXS2183935274 1.039 0,34% p.a. Accumulerend Ierland Fysiek gedekt
Xtrackers IE Physical Gold EUR Hedged ETC SecuritiesDE000A2T5DZ1 1.009 0,28% p.a. Accumulerend Ierland Fysiek gedekt
Invesco Physical SilverIE00B43VDT70 788 0,19% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Core Physical SilverJE00BQRFDY49 722 0,19% p.a. Accumulerend Jersey Fysiek gedekt
Xtrackers Physical Silver ETC (EUR)DE000A1E0HS6 459 0,40% p.a. Accumulerend Jersey Fysiek gedekt
Xtrackers IE Physical Gold GBP Hedged ETC SecuritiesDE000A2UDH48 450 0,28% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Physical PlatinumJE00B1VS2W53 434 0,49% p.a. Accumulerend Jersey Fysiek gedekt
Invesco Physical Gold GBP Hedged ETCXS2183935605 432 0,34% p.a. Accumulerend Ierland Fysiek gedekt
Xtrackers Physical Gold ETCGB00B5840F36 406 0,25% p.a. Accumulerend Jersey Fysiek gedekt
Invesco Physical Gold II ETCXS3384723154 357 0,12% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Physical Precious MetalsJE00B1VS3W29 322 0,44% p.a. Accumulerend Jersey Fysiek gedekt
iShares Physical Platinum ETCIE00B4LHWP62 287 0,20% p.a. Accumulerend Ierland Fysiek gedekt
Xtrackers Physical Silver EUR Hedged ETCDE000A1EK0J7 265 0,75% p.a. Accumulerend Jersey Fysiek gedekt
Xtrackers IE Physical Silver ETC SecuritiesDE000A2T0VS9 233 0,20% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Physical PalladiumJE00B1VS3002 147 0,49% p.a. Accumulerend Jersey Fysiek gedekt
WisdomTree GoldGB00B15KXX56 86 0,49% p.a. Accumulerend Jersey Swap-gebaseerd
WisdomTree SilverGB00B15KY328 85 0,49% p.a. Accumulerend Jersey Swap-gebaseerd
HANetf The Royal Mint Responsibly Sourced Physical Gold EUR Hedged ETCXS2892963286 79 0,35% p.a. Accumulerend Ierland Fysiek gedekt
Invesco Physical PlatinumIE00B40QP990 74 0,19% p.a. Accumulerend Ierland Fysiek gedekt
WisdomTree Precious MetalsGB00B15KYF40 74 0,49% p.a. Accumulerend Jersey Swap-gebaseerd
Xtrackers IE Physical Silver EUR Hedged ETC SecuritiesDE000A2UDH55 67 0,73% p.a. Accumulerend Ierland Fysiek gedekt
iShares Physical Palladium ETCIE00B4556L06 67 0,20% p.a. Accumulerend Ierland Fysiek gedekt
Xtrackers Physical Gold GBP Hedged ETCGB00B68FL050 53 0,69% p.a. Accumulerend Jersey Fysiek gedekt
Xtrackers Physical Platinum EUR Hedged ETCDE000A1EK0H1 50 0,75% p.a. Accumulerend Jersey Fysiek gedekt
Xtrackers Physical Rhodium ETCGB00B684MW17 49 0,95% p.a. Accumulerend Jersey Fysiek gedekt
Xtrackers IE Physical Platinum ETC SecuritiesDE000A2T0VT7 39 0,38% p.a. Accumulerend Ierland Fysiek gedekt
IncomeShares Gold+ Yield ETPXS2852999775 36 0,35% p.a. Distribueren Ierland Volledige replicatie
Invesco Physical PalladiumIE00B4LJS984 25 0,19% p.a. Accumulerend Ierland Fysiek gedekt
HANetf The Royal Mint Responsibly Sourced Physical Gold GBP Hedged ETCXS2892961827 21 0,35% p.a. Accumulerend Ierland Fysiek gedekt
IncomeShares Silver+ Yield ETPXS3068774614 9 0,35% p.a. Distribueren Ierland Volledige replicatie
Xtrackers IE Physical Platinum EUR Hedged ETC SecuritiesDE000A2UDH63 9 0,73% p.a. Accumulerend Ierland Fysiek gedekt
Janus Henderson SMO Physical Gold ETCXS2792094604 6 0,29% p.a. Accumulerend Ierland Fysiek gedekt

Source: justETF.com; As of 16/07/2026

 

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 %
Xtrackers Physical Silver ETC (EUR) -19,64% -15,16% -17,97% 69,77% 149,95%
WisdomTree Core Physical Silver -20,72% -16,28% -19,01% 67,82% -
iShares Physical Silver ETC -20,73% -16,28% -19,00% 67,78% 148,03%
Invesco Physical Silver -20,74% -16,29% -19,02% 67,77% 148,06%
Xtrackers IE Physical Silver ETC Securities -20,73% -16,29% -19,01% 67,75% 148,02%
WisdomTree Physical Silver -20,76% -16,35% -19,13% 67,30% 145,86%
WisdomTree Silver -19,72% -15,13% -21,42% 67,06% 134,23%
Xtrackers Physical Silver EUR Hedged ETC -21,48% -16,53% -22,33% 58,75% 139,32%
Xtrackers IE Physical Silver EUR Hedged ETC Securities -22,76% -17,95% -23,66% 55,59% 132,54%
Xtrackers Physical Rhodium ETC -8,76% -8,61% -22,74% 44,13% 56,34%
WisdomTree Precious Metals -11,92% -11,61% -8,89% 36,36% 104,54%
Janus Henderson SMO Physical Gold ETC -4,36% -5,38% 0,38% 32,77% -
WisdomTree Physical Precious Metals -13,16% -12,83% -12,50% 31,89% 85,84%
Invesco Physical Gold ETC -9,50% -10,43% -4,94% 25,82% 100,06%
WisdomTree Core Physical Gold -9,50% -10,43% -4,94% 25,82% 100,07%
Xtrackers IE Physical Gold ETC Securities -9,51% -10,44% -4,95% 25,82% 100,11%
WisdomTree Physical Swiss Gold -9,51% -10,44% -4,96% 25,78% 99,89%
HANetf The Royal Mint Responsibly Sourced Physical Gold ETC -9,30% -10,37% -4,94% 25,74% 99,48%
WisdomTree Physical Gold -9,52% -10,49% -5,07% 25,48% 98,44%
Gold Bullion Securities -9,53% -10,50% -5,08% 25,47% 98,38%
Xtrackers Physical Gold ETC (EUR) -9,68% -10,63% -5,19% 25,42% 98,88%
Xtrackers Physical Gold ETC -9,76% -10,71% -5,27% 25,30% 98,71%
WisdomTree Gold -9,96% -10,79% -5,92% 23,13% 88,32%
HANetf The Royal Mint Responsibly Sourced Physical Gold GBP Hedged ETC -11,00% -10,78% -7,53% 19,97% -
Xtrackers IE Physical Gold GBP Hedged ETC Securities -11,01% -10,86% -7,62% 19,96% 102,25%
Invesco Physical Gold GBP Hedged ETC -11,01% -10,87% -7,64% 19,90% 102,38%
Xtrackers Physical Gold GBP Hedged ETC -10,93% -10,79% -7,64% 19,84% 101,71%
Invesco Physical Platinum -16,83% -17,78% -27,43% 19,17% 65,65%
iShares Physical Platinum ETC -16,81% -17,79% -27,42% 19,17% 65,60%
Xtrackers IE Physical Platinum ETC Securities -16,84% -17,82% -27,49% 18,96% 64,72%
WisdomTree Physical Platinum -16,85% -17,84% -27,54% 18,80% 64,17%
HANetf The Royal Mint Responsibly Sourced Physical Gold EUR Hedged ETC -11,71% -11,84% -9,34% 18,58% -
Xtrackers IE Physical Gold EUR Hedged ETC Securities -11,71% -11,87% -9,38% 18,58% 93,29%
Invesco Physical Gold EUR Hedged ETC -11,70% -11,88% -9,38% 18,56% 93,36%
Xtrackers Physical Gold EUR Hedged ETC -11,65% -11,84% -9,47% 18,51% 93,14%
IncomeShares Gold+ Yield ETP -8,86% -9,73% -9,03% 16,27% -
Xtrackers IE Physical Platinum EUR Hedged ETC Securities -18,92% -19,33% -31,18% 11,33% 56,95%
Xtrackers Physical Platinum EUR Hedged ETC -19,25% -19,59% -31,39% 11,24% 58,27%
Invesco Physical Palladium -9,93% -14,05% -24,23% 10,45% -7,74%
iShares Physical Palladium ETC -9,93% -14,05% -24,25% 10,44% -7,78%
WisdomTree Physical Palladium -9,95% -14,11% -24,35% 10,13% -8,57%
IncomeShares Silver+ Yield ETP -18,87% -14,10% -19,26% - -
Invesco Physical Gold II ETC - - - - -
ETF   2026
in %		 2025
in %		 2024
in %		 2023
in %		 2022
in %
Janus Henderson SMO Physical Gold ETC 1,59% 47,61% - - -
Xtrackers Physical Gold ETC -0,10% 45,52% 34,30% 9,57% 5,47%
Gold Bullion Securities -1,12% 45,30% 34,11% 9,40% 5,32%
WisdomTree Core Physical Gold -2,57% 45,72% 34,49% 9,71% 5,61%
HANetf The Royal Mint Responsibly Sourced Physical Gold ETC -3,25% 47,64% 33,21% 10,30% 6,42%
Invesco Physical Gold GBP Hedged ETC -4,22% 51,75% 31,10% 13,77% -6,94%
HANetf The Royal Mint Responsibly Sourced Physical Gold GBP Hedged ETC -4,55% 57,41% - - -
Invesco Physical Gold ETC -5,65% 45,71% 34,49% 9,71% 5,61%
Xtrackers IE Physical Gold ETC Securities -5,66% 48,97% 34,28% 9,43% 6,99%
WisdomTree Physical Swiss Gold -5,68% 45,67% 34,44% 9,68% 5,57%
Xtrackers Physical Gold ETC (EUR) -5,86% 45,52% 34,30% 2,72% -0,67%
Xtrackers IE Physical Gold GBP Hedged ETC Securities -6,32% 55,00% 31,22% 13,77% -6,93%
Xtrackers Physical Gold GBP Hedged ETC -6,36% 54,97% 31,26% 14,04% -7,20%
WisdomTree Gold -6,50% 42,15% 33,28% 7,02% 3,73%
WisdomTree Physical Gold -7,21% 45,32% 34,12% 9,41% 5,32%
IncomeShares Gold+ Yield ETP -7,59% 34,98% - - -
WisdomTree Precious Metals -8,44% 57,60% 31,82% 4,03% 4,58%
WisdomTree Physical Precious Metals -9,50% 63,92% 22,85% -6,66% 5,80%
HANetf The Royal Mint Responsibly Sourced Physical Gold EUR Hedged ETC -10,02% 62,33% - - -
Xtrackers Physical Gold EUR Hedged ETC -10,08% 59,96% 23,59% 10,50% -3,24%
Invesco Physical Gold EUR Hedged ETC -10,10% 62,66% 24,14% 10,04% -2,18%
Xtrackers IE Physical Gold EUR Hedged ETC Securities -10,13% 63,19% 23,83% 9,97% -2,05%
IncomeShares Silver+ Yield ETP -13,22% - - - -
iShares Physical Silver ETC -18,05% 119,73% 28,99% -4,28% 9,91%
Invesco Physical Palladium -18,47% 52,12% -13,76% -39,71% -1,71%
WisdomTree Physical Palladium -18,76% 51,66% -14,02% -39,89% -2,00%
WisdomTree Silver -19,21% 108,77% 26,88% -5,34% 7,20%
Xtrackers Physical Silver ETC (EUR) -19,23% 119,32% 28,70% -10,45% 3,30%
Invesco Physical Platinum -19,53% 95,70% -3,55% -8,99% 17,33%
Invesco Physical Silver -19,55% 119,83% 28,98% -4,28% 9,91%
Xtrackers IE Physical Silver ETC Securities -20,26% 119,76% 28,98% -4,30% 9,93%
WisdomTree Core Physical Silver -20,32% 119,82% - - -
WisdomTree Physical Platinum -20,96% 95,12% -3,84% -9,27% 16,98%
Xtrackers Physical Silver EUR Hedged ETC -23,48% 141,00% 18,17% -4,26% -0,23%
Xtrackers IE Physical Silver EUR Hedged ETC Securities -24,89% 139,60% 17,72% -4,64% -0,68%
iShares Physical Platinum ETC -26,93% 95,71% -3,60% -8,98% 17,32%
Xtrackers IE Physical Platinum ETC Securities -27,23% 113,76% -3,66% -8,94% 16,20%
iShares Physical Palladium ETC -28,88% 52,15% -13,79% -39,70% -1,73%
Xtrackers Physical Rhodium ETC -30,30% 161,60% -0,83% -62,17% 1,45%
Xtrackers IE Physical Platinum EUR Hedged ETC Securities -31,00% 134,63% -11,93% -8,97% 5,52%
WisdomTree Physical Silver -31,05% 119,09% 28,58% -4,57% 9,65%
Xtrackers Physical Platinum EUR Hedged ETC -31,13% 114,78% -11,50% -8,70% 6,78%
Invesco Physical Gold II ETC - - - - -

Source: justETF.com; As of 30/06/2026; Calculations in EUR including dividends