The best precious metals ETFs/ETCs
How to invest in precious metals using ETFs/ETCs
0,00% p.a. - 0,75% p.a.
annual total expense ratio (TER) of precious metals ETFs/ETCs
on precious metals, which are tracked by ETFs
on precious metals
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:- Energy: oil and gas
- Precious metals: gold, silver and platinum
- Industrial metals: e.g. zinc and copper
- Agriculture: including wheat and coffee
- Livestock: live cattle and lean hogs
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: 9,52%
1 year: 35,60%
3 years: 53,22%
5 years: 72,56%
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
| Provider ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| Invesco Physical Gold AIE00B579F325 | 17.225 | 0,12% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| iShares Physical Gold ETCIE00B4ND3602 | 16.449 | 0,12% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| Xetra-GoldDE000A0S9GB0 | 14.238 | 0,00% p.a. | Accumulerend | Duitsland | Fysiek gedekt | |
| Xtrackers IE Physical Gold ETC SecuritiesDE000A2T0VU5 | 5.312 | 0,11% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| Amundi Physical Gold ETC (C)FR0013416716 | 4.846 | 0,12% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| WisdomTree Physical GoldJE00B1VS3770 | 4.746 | 0,39% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| Gold Bullion SecuritiesGB00B00FHZ82 | 2.961 | 0,40% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| WisdomTree Physical Swiss GoldJE00B588CD74 | 2.923 | 0,15% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| WisdomTree Physical SilverJE00B1VS3333 | 1.678 | 0,49% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| Xtrackers Physical Gold ETC (EUR)DE000A1E0HR8 | 1.387 | 0,25% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| Xtrackers Physical Gold EUR Hedged ETCDE000A1EK0G3 | 1.273 | 0,59% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| WisdomTree Core Physical GoldJE00BN2CJ301 | 987 | 0,12% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| HANetf The Royal Mint Responsibly Sourced Physical Gold ETCXS2115336336 | 938 | 0,22% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| iShares Physical Silver ETCIE00B4NCWG09 | 923 | 0,20% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| Xtrackers IE Physical Gold EUR Hedged ETC SecuritiesDE000A2T5DZ1 | 697 | 0,28% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| WisdomTree Physical PlatinumJE00B1VS2W53 | 519 | 0,49% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| WisdomTree Physical Gold - EUR Daily HedgedJE00B8DFY052 | 378 | 0,25% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| Invesco Physical Gold EUR Hedged ETCXS2183935274 | 308 | 0,34% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| Invesco Physical SilverIE00B43VDT70 | 268 | 0,19% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| Xtrackers Physical Silver ETC (EUR)DE000A1E0HS6 | 255 | 0,40% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| Xtrackers Physical Silver EUR Hedged ETCDE000A1EK0J7 | 152 | 0,75% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| WisdomTree Physical Precious MetalsJE00B1VS3W29 | 145 | 0,44% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| iShares Physical Platinum ETCIE00B4LHWP62 | 142 | 0,20% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| Xtrackers IE Physical Silver ETC SecuritiesDE000A2T0VS9 | 136 | 0,20% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| WisdomTree Physical PalladiumJE00B1VS3002 | 105 | 0,49% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| WisdomTree Precious MetalsGB00B15KYF40 | 81 | 0,49% p.a. | Accumulerend | Jersey | Swap-gebaseerd | |
| WisdomTree GoldGB00B15KXX56 | 72 | 0,49% p.a. | Accumulerend | Jersey | Swap-gebaseerd | |
| WisdomTree SilverGB00B15KY328 | 60 | 0,49% p.a. | Accumulerend | Jersey | Swap-gebaseerd | |
| Xtrackers Physical Platinum EUR Hedged ETCDE000A1EK0H1 | 57 | 0,75% p.a. | Accumulerend | Jersey | Fysiek gedekt | |
| Xtrackers IE Physical Silver EUR Hedged ETC SecuritiesDE000A2UDH55 | 35 | 0,73% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| WisdomTree Silver - EUR Daily HedgedJE00B5SV2703 | 34 | 0,49% p.a. | Accumulerend | Jersey | Swap-gebaseerd | |
| iShares Physical Gold EUR Hedged ETCIE0009JOT9U1 | 30 | 0,25% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| iShares Physical Palladium ETCIE00B4556L06 | 24 | 0,20% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| WisdomTree Gold - EUR Daily HedgedJE00B4RKQV36 | 18 | 0,49% p.a. | Accumulerend | Jersey | Swap-gebaseerd | |
| Invesco Physical PlatinumIE00B40QP990 | 17 | 0,19% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| Xtrackers IE Physical Platinum ETC SecuritiesDE000A2T0VT7 | 16 | 0,38% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| Invesco Physical PalladiumIE00B4LJS984 | 12 | 0,19% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| Xtrackers IE Physical Platinum EUR Hedged ETC SecuritiesDE000A2UDH63 | 9 | 0,73% p.a. | Accumulerend | Ierland | Fysiek gedekt | |
| WisdomTree Precious Metals - EUR Daily HedgedJE00B78NPQ01 | 1 | 0,49% p.a. | Accumulerend | Jersey | Swap-gebaseerd |
Source: justETF.com; As of 22-10-2024
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 % | |
|---|---|---|---|---|---|---|
| iShares Physical Gold EUR Hedged ETC | 4,45% | 12,23% | 17,32% | 37,71% | - | |
| WisdomTree Gold - EUR Daily Hedged | 5,42% | 12,12% | 16,65% | 37,52% | 32,36% | |
| WisdomTree Physical Gold - EUR Daily Hedged | 4,46% | 12,12% | 17,19% | 37,37% | 39,48% | |
| Invesco Physical Gold EUR Hedged ETC | 4,45% | 12,14% | 17,17% | 37,29% | 38,91% | |
| Xtrackers IE Physical Gold EUR Hedged ETC Securities | 4,45% | 12,16% | 17,17% | 37,19% | 39,01% | |
| Xtrackers Physical Gold EUR Hedged ETC | 4,43% | 12,11% | 17,12% | 37,19% | 39,34% | |
| WisdomTree Precious Metals - EUR Daily Hedged | 6,02% | 10,40% | 17,95% | 36,86% | 30,60% | |
| Xetra-Gold | 4,24% | 8,60% | 14,98% | 34,68% | 55,53% | |
| WisdomTree Silver - EUR Daily Hedged | 8,18% | 5,59% | 23,02% | 34,61% | 24,18% | |
| Xtrackers IE Physical Gold ETC Securities | 3,61% | 7,84% | 14,27% | 32,90% | 55,46% | |
| Amundi Physical Gold ETC (C) | 3,61% | 7,84% | 14,28% | 32,89% | 55,51% | |
| Invesco Physical Gold A | 3,61% | 7,85% | 14,37% | 32,88% | 55,49% | |
| WisdomTree Core Physical Gold | 3,61% | 7,85% | 15,85% | 32,88% | 55,50% | |
| iShares Physical Gold ETC | 3,61% | 7,84% | 14,24% | 32,85% | 55,46% | |
| WisdomTree Physical Swiss Gold | 3,61% | 7,84% | 14,60% | 32,84% | 55,36% | |
| HANetf The Royal Mint Responsibly Sourced Physical Gold ETC | 3,61% | 7,84% | 14,31% | 32,72% | 54,93% | |
| Xtrackers Physical Gold ETC (EUR) | 3,60% | 7,81% | 14,17% | 32,70% | 33,76% | |
| WisdomTree Gold | 4,55% | 7,68% | 13,62% | 32,69% | 46,65% | |
| WisdomTree Physical Gold | 3,59% | 7,78% | 13,85% | 32,52% | 54,25% | |
| Gold Bullion Securities | 3,59% | 7,77% | 14,81% | 32,51% | 54,20% | |
| WisdomTree Precious Metals | 5,16% | 6,02% | 15,13% | 32,26% | 45,01% | |
| Xtrackers Physical Silver EUR Hedged ETC | 5,16% | 5,08% | 23,47% | 30,72% | 30,52% | |
| WisdomTree Silver | 7,20% | 1,37% | 20,03% | 30,41% | 39,15% | |
| Xtrackers IE Physical Silver EUR Hedged ETC Securities | 5,13% | 4,98% | 23,24% | 30,23% | 28,91% | |
| iShares Physical Silver ETC | 4,41% | 1,14% | 20,72% | 27,21% | 48,43% | |
| Invesco Physical Silver | 4,41% | 1,11% | 20,71% | 27,19% | 48,41% | |
| Xtrackers IE Physical Silver ETC Securities | 4,40% | 1,12% | 20,62% | 27,16% | 48,38% | |
| Xtrackers Physical Silver ETC (EUR) | 4,38% | 1,06% | 20,50% | 26,91% | 27,39% | |
| WisdomTree Physical Silver | 4,38% | 1,03% | 20,53% | 26,83% | 47,11% | |
| WisdomTree Physical Precious Metals | 4,63% | 4,80% | 12,64% | 20,30% | 21,76% | |
| Xtrackers Physical Platinum EUR Hedged ETC | 4,54% | -3,34% | 6,64% | 3,86% | -6,88% | |
| Xtrackers IE Physical Platinum EUR Hedged ETC Securities | 4,54% | -3,44% | 6,44% | 3,42% | -8,12% | |
| iShares Physical Platinum ETC | 3,79% | -6,94% | 4,30% | 0,80% | 5,17% | |
| Invesco Physical Platinum | 3,75% | -6,98% | 4,23% | 0,79% | 5,18% | |
| Xtrackers IE Physical Platinum ETC Securities | 3,74% | -7,01% | 4,14% | 0,60% | 4,55% | |
| WisdomTree Physical Platinum | 3,72% | -7,05% | 4,18% | 0,49% | 4,25% | |
| iShares Physical Palladium ETC | 0,83% | -1,88% | -5,16% | -26,87% | -45,97% | |
| Invesco Physical Palladium | 0,83% | -1,88% | -4,94% | -26,88% | -45,96% | |
| WisdomTree Physical Palladium | 0,80% | -1,95% | -4,96% | -27,10% | -46,45% |
| ETF | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| iShares Physical Silver ETC | 28,75% | -4,28% | 9,91% | -5,69% | 33,70% | |
| Invesco Physical Silver | 28,74% | -4,28% | 9,91% | -5,68% | 33,76% | |
| Xtrackers IE Physical Silver ETC Securities | 28,72% | -4,30% | 9,93% | -5,13% | - | |
| Xtrackers Physical Silver ETC (EUR) | 28,53% | -10,45% | 3,30% | 7,28% | 33,75% | |
| WisdomTree Physical Silver | 28,43% | -4,57% | 9,65% | -5,95% | 33,42% | |
| Xtrackers Physical Silver EUR Hedged ETC | 27,95% | -4,26% | -0,23% | -14,21% | 43,28% | |
| WisdomTree Silver | 27,74% | -5,34% | 7,20% | -5,90% | 29,01% | |
| Xtrackers IE Physical Silver EUR Hedged ETC Securities | 27,57% | -4,64% | -0,68% | -14,52% | - | |
| WisdomTree Silver - EUR Daily Hedged | 26,86% | -4,79% | -2,23% | -14,34% | 37,27% | |
| Xetra-Gold | 26,76% | 9,31% | 7,11% | 4,00% | 13,18% | |
| Amundi Physical Gold ETC (C) | 25,74% | 9,72% | 5,61% | 4,88% | 13,00% | |
| iShares Physical Gold ETC | 25,72% | 9,73% | 5,62% | 3,95% | 13,69% | |
| WisdomTree Core Physical Gold | 25,72% | 9,71% | 5,61% | 3,97% | - | |
| Xtrackers IE Physical Gold ETC Securities | 25,70% | 9,43% | 6,99% | 3,80% | - | |
| iShares Physical Gold EUR Hedged ETC | 25,63% | 10,41% | - | - | - | |
| Xtrackers Physical Gold ETC (EUR) | 25,61% | 2,72% | -0,67% | 18,64% | 12,92% | |
| Invesco Physical Gold A | 25,43% | 9,71% | 5,61% | 3,95% | 13,66% | |
| WisdomTree Physical Swiss Gold | 25,40% | 9,68% | 5,57% | 3,95% | 13,72% | |
| HANetf The Royal Mint Responsibly Sourced Physical Gold ETC | 25,35% | 10,30% | 6,42% | 3,05% | - | |
| WisdomTree Precious Metals | 25,28% | 4,03% | 4,58% | 0,69% | 13,76% | |
| Xtrackers Physical Gold EUR Hedged ETC | 25,28% | 10,50% | -3,24% | -4,86% | 21,56% | |
| Invesco Physical Gold EUR Hedged ETC | 25,21% | 10,04% | -2,18% | -5,87% | - | |
| Xtrackers IE Physical Gold EUR Hedged ETC Securities | 25,21% | 9,97% | -2,05% | -5,86% | - | |
| WisdomTree Physical Gold | 25,18% | 9,41% | 5,32% | 3,71% | 13,46% | |
| Gold Bullion Securities | 25,17% | 9,40% | 5,32% | 3,69% | 13,46% | |
| WisdomTree Precious Metals - EUR Daily Hedged | 25,08% | 5,08% | -4,26% | -8,23% | 21,73% | |
| WisdomTree Gold | 24,60% | 7,02% | 3,73% | 2,71% | 9,48% | |
| WisdomTree Physical Gold - EUR Daily Hedged | 24,42% | 11,25% | -2,42% | -5,95% | 21,34% | |
| WisdomTree Gold - EUR Daily Hedged | 24,41% | 8,19% | -4,84% | -6,53% | 17,40% | |
| WisdomTree Physical Precious Metals | 18,53% | -6,66% | 5,80% | -3,89% | 15,77% | |
| Invesco Physical Platinum | -3,39% | -8,99% | 17,33% | -3,60% | 1,32% | |
| iShares Physical Platinum ETC | -3,45% | -8,98% | 17,32% | -3,62% | 1,52% | |
| Xtrackers IE Physical Platinum ETC Securities | -3,48% | -8,94% | 16,20% | -1,95% | - | |
| WisdomTree Physical Platinum | -3,63% | -9,27% | 16,98% | -3,89% | 1,44% | |
| Xtrackers Physical Platinum EUR Hedged ETC | -4,01% | -8,70% | 6,78% | -11,73% | 8,79% | |
| Xtrackers IE Physical Platinum EUR Hedged ETC Securities | -4,21% | -8,97% | 5,52% | -11,53% | - | |
| Invesco Physical Palladium | -12,19% | -39,71% | -1,71% | -12,74% | 13,43% | |
| iShares Physical Palladium ETC | -12,44% | -39,70% | -1,73% | -12,70% | 13,10% | |
| WisdomTree Physical Palladium | -12,50% | -39,89% | -2,00% | -13,04% | 12,89% |
Source: justETF.com; As of 30-09-2024; Calculations in EUR including dividends