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Heavy Metal: Looking For The Best Metal ETF


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Metal ETF: Not Just Gold

metal etfWhen it comes to the phrase ”metal ETF,” investors have a tendency to focus their attention in two directions: Gold and silver. That means the most popular metal ETF on the market is the SPDR Gold Shares (NYSE: GLD). GLD isn’t just the largest and most heavily traded metal ETF, is also the second-largest ETF in the world of ANY kind.

Next, the metal ETF conversation will drift to GLD rivals such as the iShares Gold Trust (NYSE: IAU) or over to the major silver ETFs, the iShares Silver Trust (NYSE: SLV) and the ETFS Physical Silver Shares (NYSE: SIVR). And there would end the metal ETF discussion for investors not willing to look beyond the usual suspects. However, there’s much more to the metal ETF game than just gold and silver.

Metal ETFs: Beyond The Usual Suspects

Alright, so you know about the metal ETF that will get you involved with gold and you have a fund in mind for silver, but what about the other metals? If you’ve been wondering if there’s a metal ETF that offers exposure to other precious metals, you’re in luck thanks to the folks at ETF Securities. That firm offers the only ETFs backed by physical holdings of platinum and palladium, the ETFS Physical Platinum Shares (NYSE: PPLT) and the ETFS Physical Palladium Shares (NYSE: PALL).

If you demand more from your metal ETF, consider a basket fund. The ETFS Physical Precious Metals Basket Shares (NYSE: GLTR) offers exposure to gold, silver, platinum and palladium. The ETFS Physical White Metals Basket Shares (NYSE: WITE) is a metal ETF focusing on just silver, platinum and palladium.

Metal ETF: Not Just Precious Metals

The metal ETF universe isn’t limited to precious metals. There is a range of exchange-traded notes (ETNs) on the market whereby investors can trade industrial metals such as aluminum, copper, lead, nickel and zinc. Many of these funds are thinly traded, so they may not be suitable for some investors. Check with your financial advisor and do your own homework before deciding which metal ETF belongs in your portfolio.

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