GLDM vs. SLV: The Precious Metal ETFs That Just Had Historic Annual Returns

Impact · against what's priced in

The massive 2025 returns and early 2026 momentum for SLV and GLDM are driven by persistent geopolitical tensions and tariffs. While silver's volatility has led to higher absolute returns, both ETFs remain strong plays on macroeconomic uncertainty.

SLV+0.40

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In context

Silver's extreme momentum, with a 141% return in 2025 and a 25% increase YTD, reflects strong investor appetite for volatile safe-haven assets amid global tensions.

Read from the article alone

• geopolitics▲9%
• GLDM
• SLV
• commodities
• etf
• expense ratio
• gold
• precious metals
• silver
• tariffs