Overview
Physically-backed silver ETF. Each share represents approximately 0.94 oz of silver. Top 2025 performer driven by industrial and investment silver demand surge.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| SILVER BULLION | Physical Silver London | 100.0% |
Fund Details
Investment Thesis
SLV offers a unique dual investment proposition that distinguishes silver from all other precious metals. Silver simultaneously functions as a monetary metal like gold and an industrial metal with rapidly growing demand from solar panel manufacturing, electric vehicle production, and consumer electronics. Each new gigafactory and solar installation requires significant silver content, creating a structural industrial demand driver that gold simply does not have. SLV's physical backing ensures pure silver price exposure without counterparty risk, while BlackRock's custody infrastructure provides institutional-grade security. Silver's smaller market size relative to gold creates more price volatility, offering potentially higher returns alongside higher risk during precious metals bull markets.
Who It's For
SLV suits investors seeking silver price exposure for inflation hedging, portfolio diversification from traditional financial assets, or a speculative position on the long-term growth of industrial silver demand from clean energy technologies. Conservative investors should size silver as a 2-5% satellite position rather than a large core allocation. The ETF is appropriate for both taxable and tax-advantaged accounts where physical silver storage is impractical. Investors who want to participate in the silver bull market without owning futures or storing physical metal will find SLV the most accessible and liquid silver investment vehicle available.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $13.82 | -- |
| 2017 | $15.18 | +9.8% |
| 2018 | $14.42 | -5.0% |
| 2019 | $17.18 | +19.1% |
| 2020 | $25.82 | +50.3% |
| 2021 | $22.18 | -14.1% |
| 2022 | $20.42 | -7.9% |
| 2023 | $22.18 | +8.6% |
| 2024 | $27.42 | +23.6% |
| 2025 | $68.08 | +148.3% |
| Year | Yield |
|---|---|
| 2016 | 0.00% |
| 2017 | 0.00% |
| 2018 | 0.00% |
| 2019 | 0.00% |
| 2020 | 0.00% |
| 2021 | 0.00% |
| 2022 | 0.00% |
| 2023 | 0.00% |
| 2024 | 0.00% |
| 2025 | 0.00% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $4B | -- |
| 2017 | $5B | +25.0% |
| 2018 | $5B | 0.0% |
| 2019 | $5B | 0.0% |
| 2020 | $9B | +80.0% |
| 2021 | $8B | -11.1% |
| 2022 | $7B | -12.5% |
| 2023 | $8B | +14.3% |
| 2024 | $10B | +25.0% |
| 2025 | $25B | +150.0% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
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