SLVP
iShares MSCI Global Silver & Metals Miners ETF · BlackRock
Gold, Silver & Miners
1Y Return
+65.8%
Expense Ratio
0.39%
AUM
$797M
Dividend Yield
2.30%
Avg Annual Growth (10Y)
+30.8%
Issuer
BlackRock / iShares

Overview

#1 best-performing ETF of 2025 with +200% return. Global silver and metals miners combining silver mining with base metals exposure.

Top Holdings

TickerHoldingWeight
WPMWheaton Precious Metals12.4%
FRFirst Majestic Silver10.8%
PAASPan American Silver9.8%
HLHecla Mining8.4%
MAGMAG Silver Corp.7.8%
CDECoeur Mining6.8%
SVMSilvercorp Metals5.8%
FVIFortuna Silver5.4%
SILVSilverCrest Metals4.8%
EXKEndeavour Silver4.4%

Fund Details

Index
MSCI ACWI Select Silver Miners IMI
# Holdings
~30
Inception
Jan 2012
Exchange
NASDAQ
Structure
Open-End Fund
Distribution
Annual
Avg Annual Growth (10Y)
+30.8%
Avg Annual Yield (10Y)
0.80%

Investment Thesis

SLVP was the best-performing ETF of 2025 with a remarkable +200% return, combining the operational leverage of global silver and base metals miners with the extraordinary 148% rise in silver spot prices. By diversifying across miners operating in North America, Latin America, and Asia, SLVP captures silver mining returns without single-jurisdiction regulatory or operational risk.

Who It's For

Investors seeking the maximum leverage expression of a silver bull market thesis through globally diversified silver mining equities. SLVP suits those who want to own the companies that mine silver rather than the metal itself, accepting additional operational and management risk in exchange for potential returns that far exceed silver spot price appreciation.

10-Year History

Annual Closing Price
YearClose% Chg
2016$10.82--
2017$11.82+9.2%
2018$10.18-13.9%
2019$12.42+22.0%
2020$19.82+59.6%
2021$17.82-10.1%
2022$14.18-20.4%
2023$16.42+15.8%
2024$18.82+14.6%
2025$56.52+200.3%
Annual Dividend Yield
YearYield
20160.82%
20170.72%
20180.82%
20190.72%
20200.62%
20210.52%
20220.72%
20230.62%
20241.02%
20251.42%
Annual AUM
YearAUM% Chg
2016$0.2B--
2017$0.3B+50.0%
2018$0.3B+0.0%
2019$0.3B+0.0%
2020$0.5B+66.7%
2021$0.5B+0.0%
2022$0.4B-20.0%
2023$0.5B+25.0%
2024$0.6B+20.0%
2025$1.8B+200.0%

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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