Jasmine Birtles
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The Best Silver ETFs to Buy in 2026
Ruby Layram
13th Jan 2026
Silver has been one of the standout performers in recent years, with silver ETFs delivering huge returns in 2025 as prices hit multi‑year highs. In fact, some silver ETFs doubled or more as silver surged on the back of industrial demand and tight supply dynamics.
If you’re thinking about adding silver exposure to your portfolio in 2026, ETFs are one of the easiest and most cost‑effective ways to do it.
Below are 10 of the best silver ETFs to consider, ranging from straightforward physical exposure to mining‑focused funds.
1. iShares Silver Trust (SLV)
The most popular and liquid silver ETF in the world, SLV aims to track the price of silver by holding physical metal. Its large size and liquidity make it easy to buy and sell, and it’s a go‑to choice for both beginners and experienced investors who want direct exposure to silver prices.
Best for: Core silver exposure
Your money is at risk.
2. abrdn Physical Silver Shares ETF (SIVR)
SIVR is similar to SLV, but with lower fees, making it attractive if you want pure silver exposure without paying more than you have to. It holds physical silver and typically tracks the price closely.
Best for: Cost‑conscious investors
Your money is at risk.
3. Sprott Physical Silver Trust (PSLV)
PSLV also holds physical silver, and is fully backed by allocated silver bars stored in vaults. It’s a strong alternative to SLV and SIVR for those who want physical metal exposure without storage hassles.
Best for: Investors wanting strong physical backing
Your money is at risk.
Also read: How to Buy Silver in 2026
4. WisdomTree Physical Silver ETC
This ETC (Exchange‑Traded Commodity) gives exposure to the price of silver and is available on UK markets in GBP. It’s particularly suitable for UK investors wanting currency‑matched access to silver.
Best for: UK‑listed silver exposure
Your money is at risk.
5. iShares Physical Silver ETC (LSE:ISLN)
Another silver ETC listed on the London Stock Exchange, ISLN provides a straightforward way to track the silver price, with strong liquidity and deep market participation, which can make it easier to trade at tight prices.
Best for: UK investors who want physical silver in GBP
Your money is at risk.
6. Global X Silver Miners ETF (SIL / SILG on LSE)
If you want leveraged exposure to the silver sector, a miners ETF like SIL can outperform the price of silver in a rising market because miner profits often grow faster than metal prices. UK investors can access a GBP‑quoted version (e.g., SILG) on the London Stock Exchange.
Best for: Growth‑oriented risk‑tolerant investors
Your money is at risk.
7. Amplify Junior Silver Miners ETF (SILJ)
This ETF focuses on smaller silver mining companies, which can offer higher upside if silver prices rall, but with higher risk too. It’s more volatile than large‑cap miners, but that also means more potential gains in strong markets.
Best for: Aggressive investors seeking big returns
8. iShares MSCI Global Silver and Metals Miners ETF (SLVP)
SLVP offers diversified exposure to global miners involved in silver as well as other industrial metals. This broader mix can smooth some of the volatility you see in pure silver miner ETFs.
Best for: Diversified miners exposure
Your money is at risk.
9. Sprott Silver Miners & Physical Silver ETF (SLVR)
A newer entrant that blends physical silver with mining equities, SLVR aims to give balanced exposure to both the metal and the companies that produce it, offering a potentially smoother risk/return profile.
Best for: Balanced silver + miner exposure
10. ProShares Ultra Silver ETF (AGQ)
AGQ is a leveraged daily ETF that aims to deliver twice the daily return of silver prices. This can dramatically amplify gains, but also losses, and is typically best for experienced traders or short‑term positions.
Best for: Experienced traders (not long‑term buy‑and‑hold)
How to Choose the Right Silver ETF for You
When comparing silver ETFs, think about:
- Exposure type: Physical silver vs miners vs hybrid
- Fees and costs: Lower expense ratios help long‑term returns
- Liquidity: Funds with higher trading volume are easier to buy and sell
- Risk tolerance: Mining and leveraged ETFs can be much more volatile
Physical silver ETFs like SLV, SIVR, PSLV, ISLN are often the simplest way to track the metal’s price, while miners ETFs can offer higher growth (with higher risk) if prices continue rising.
Final Thoughts
Silver ETFs give UK investors a flexible, liquid way to gain exposure to one of the most dynamic commodities in financial markets.
Whether you want straight silver price exposure, diversification into mining equities, or balanced blended strategies, the options above offer a range of ways to participate in silver’s potential in 2026.
Always remember to do your own research and consider your risk tolerance before investing.
Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here, including opinions, commentary, suggestions or strategies, are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence. When investing your capital is at risk.
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