#2
U.S. News evaluated 33 Precious Metals ETFs and 3 make our Best Fit list. Our list highlights the best passively managed funds for long-term investors. Rankings are assigned based on comparisons with Best Fit funds in this category.
| Best Fit Scorecard | |
|---|---|
| Costs | Good |
| Tracking Error | Good |
| Bid/Ask Ratio | Typical |
| Holdings Diversity | Typical |
Fund Description
The investment seeks to reflect the price of silver owned by the trust less the trust's expenses and liabilities. The fund is intended to constitute a simple and cost-effective means of making an investment similar to an investment in silver. Although the fund is not the exact equivalent of an investment in silver, they provide investors with an alternative that allows a level of participation in the silver market through the securities market.
Fund Snapshot Updated 05.14.2012
| Previous Close | $27.41 | Expense Ratio | 0.50% |
| YTD Return | 1.8% | Avg. 30-Day Volume | 17,240,058 |
| 1-Year Return | 16.5% | Market Cap | Loading... |
| Bid | $27.42 | Shares Outstanding | 313,500,000 |
| Ask | $27.43 | Dividends | $0.00 |
