The iShares MSCI Global Silver and Metals Miners ETF (SLVP) outperformed the VanEck Gold Miners ETF (GDX) in 1-year returns, but has smaller assets under management (AUM) and higher volatility. SLVP focuses on silver and metals companies, while GDX offers exposure to a broader basket of gold miners. Both ETFs concentrate on basic materials but differ in holdings and commodity exposure. GDX has a larger AUM and portfolio with 55 holdings, while SLVP holds 41 companies and leans more towards silver and diversified metals miners.

For investors seeking precious metals exposure, GDX may offer more stability and long-term performance over SLVP. GDX has a beta of 0.87, indicating lower volatility compared to the market. Both ETFs provide international exposure and are invested in companies involved in mining precious metals, offering a hedge against market uncertainty. GDX’s larger AUM and diverse portfolio make it a strong option for investors looking for exposure to gold mining companies.

Read more at Nasdaq.: Precious Metals Plays: GDX Offers Broader Exposure and Less Volatility Than SLVP