# What is a silver ETF?

> As of Nov 4, 2026, ETFIQ finds 2 silver ETFs that own the metal itself, against 6 for gold, among 68 commodity ETFs. Updated every trading night.

Data as of Nov 4, 2026. Rebuilt every trading night.

## What is a silver ETF?

Data as of Nov 4, 2026. Rebuilt every trading night.

As of Nov 4, 2026, ETFIQ finds 2 silver ETFs that own the metal itself, against 6 for gold, among 68 commodity ETFs.

### In plain words

A physical silver ETF owns silver bars in a vault, and its price follows silver less the fee. Silver has industrial uses as well as an investment role, so it can swing more than gold.

ETFIQ finds 2 physical silver funds, against 6 for gold. Check what a silver fund owns before comparing: bars follow the spot price, futures add roll cost, and a miners fund owns company shares, not silver. ETFIQ keeps them apart.

### Questions

Is a silver miners ETF a silver ETF? No. It owns company shares, not the metal.

Why does silver swing more than gold? It is a smaller market with industrial demand.

How many silver funds own the metal? 2 as of Nov 4, 2026.

### Where to next

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, What is a silver ETF?, data as of Nov 4, 2026. https://etfiq.com/learn/what-is-a-silver-etf
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
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