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The best precious metals ETFs/ETCs

How to invest in precious metals using ETFs/ETCs

0.11% p.a. - 0.95% p.a.
annual total expense ratio (TER) of precious metals ETFs/ETCs
17 Indices
on precious metals, which are tracked by ETFs
48 ETFs
on precious metals
 
The best indices for precious metals ETFs/ETCs

How can I invest in precious metals?

With ETFs you not only have the opportunity to invest in equity or bonds. You can also participate in the price development of commodities like precious metals. However, there are a few things you should know: commodity ETFs always track a whole basket of different commodities, covering at least some of the following segments:
 

Why there are no precious metals ETFs in most European countries

There are no precious metals ETFs that are domiciled within the European Union. This is due to the regulatory framework which is defined by the UCITS directive. According to these guidelines, an index (and thus also corresponding ETFs) must always provide a minimum degree of diversification and may not consist of only a few components. Consequently, regulations in the EU do not allow the launch of a precious metals ETF.

If you want to invest particularly in precious metals, you can do so via Exchange Traded Commodities (ETC). Please have a look at our article "What is an ETC?" for a detailed explanation of the similarities and differences between ETFs and ETCs.
 

Collateralisation of precious metals ETCs

Some precious metals ETCs indicate the spot price and are physically backed. This means that physical holdings of the respective precious metals are stored in the treasury of a trustee as collateral for the corresponding ETC. Other ETCs track the value of the precious metals based on futures contracts. These ETCs are also backed with collateral, which is usually checked on a daily basis. However, the collateral in such a case is not in the form of precious metal stocks, but in the form of cash investments or securities with top credit standing.

In this investment guide you will find all ETCs that allow you to invest in precious metals.
 

Bloomberg Precious Metals performance

1 month: 3.95%
1 year: 27.31%
3 years: 55.09%
5 years: 69.95%
 

Precious metals ETFs/ETCs in comparison

The most important factors at a glance

When choosing a precious metals ETF or ETC one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all precious metals ETFs/ETCs with details on size, cost, age, income, domicile and replication method ranked by fund size.

Compare all precious metals ETFs/ETCs in detail
Compare all precious metals ETFs/ETCs in a chart

ETF name
ISIN		   Fund size
in m EUR		 TER
in %		 Use of profits Fund domicile Replication method
iShares Physical Gold ETCIE00B4ND3602 20,529 0.12% p.a. Accumulating Ireland Physically backed
Invesco Physical Gold AIE00B579F325 18,997 0.12% p.a. Accumulating Ireland Physically backed
Amundi Physical Gold ETC (C)FR0013416716 6,904 0.12% p.a. Accumulating Ireland Physically backed
Xtrackers IE Physical Gold ETC SecuritiesDE000A2T0VU5 5,593 0.11% p.a. Accumulating Ireland Physically backed
WisdomTree Physical GoldJE00B1VS3770 5,339 0.39% p.a. Accumulating Jersey Physically backed
WisdomTree Physical Swiss GoldJE00B588CD74 3,430 0.15% p.a. Accumulating Jersey Physically backed
WisdomTree Physical Gold - GBP Daily HedgedJE00B7VG2M16 2,032 0.25% p.a. Accumulating Jersey Physically backed
WisdomTree Physical SilverJE00B1VS3333 1,793 0.49% p.a. Accumulating Jersey Physically backed
Xtrackers Physical Gold ETC (EUR)DE000A1E0HR8 1,741 0.25% p.a. Accumulating Jersey Physically backed
iShares Physical Silver ETCIE00B4NCWG09 1,608 0.20% p.a. Accumulating Ireland Physically backed
Xtrackers Physical Gold EUR Hedged ETCDE000A1EK0G3 1,548 0.59% p.a. Accumulating Jersey Physically backed
WisdomTree Core Physical GoldJE00BN2CJ301 1,283 0.12% p.a. Accumulating Jersey Physically backed
HANetf The Royal Mint Responsibly Sourced Physical Gold ETCXS2115336336 1,239 0.22% p.a. Accumulating Ireland Physically backed
Xtrackers IE Physical Gold EUR Hedged ETC SecuritiesDE000A2T5DZ1 920 0.28% p.a. Accumulating Ireland Physically backed
WisdomTree Physical Gold - EUR Daily HedgedJE00B8DFY052 726 0.25% p.a. Accumulating Jersey Physically backed
Invesco Physical Gold EUR Hedged ETCXS2183935274 568 0.34% p.a. Accumulating Ireland Physically backed
WisdomTree Physical PlatinumJE00B1VS2W53 554 0.49% p.a. Accumulating Jersey Physically backed
WisdomTree Core Physical SilverJE00BQRFDY49 517 0.19% p.a. Accumulating Jersey Physically backed
Invesco Physical SilverIE00B43VDT70 424 0.19% p.a. Accumulating Ireland Physically backed
Xtrackers Physical Gold ETCGB00B5840F36 396 0.25% p.a. Accumulating Jersey Physically backed
Xtrackers IE Physical Gold GBP Hedged ETC SecuritiesDE000A2UDH48 378 0.28% p.a. Accumulating Ireland Physically backed
Xtrackers Physical Silver ETC (EUR)DE000A1E0HS6 313 0.40% p.a. Accumulating Jersey Physically backed
iShares Physical Platinum ETCIE00B4LHWP62 218 0.20% p.a. Accumulating Ireland Physically backed
Xtrackers Physical Silver EUR Hedged ETCDE000A1EK0J7 211 0.75% p.a. Accumulating Jersey Physically backed
iShares Physical Gold GBP Hedged ETCIE000Q2P3ZQ3 210 0.25% p.a. Accumulating Ireland Physically backed
Xtrackers IE Physical Silver ETC SecuritiesDE000A2T0VS9 179 0.20% p.a. Accumulating Ireland Physically backed
WisdomTree Physical Precious MetalsJE00B1VS3W29 143 0.44% p.a. Accumulating Jersey Physically backed
iShares Physical Gold EUR Hedged ETCIE0009JOT9U1 117 0.25% p.a. Accumulating Ireland Physically backed
WisdomTree Physical PalladiumJE00B1VS3002 117 0.49% p.a. Accumulating Jersey Physically backed
WisdomTree GoldGB00B15KXX56 83 0.49% p.a. Accumulating Jersey Swap-based
WisdomTree Precious MetalsGB00B15KYF40 78 0.49% p.a. Accumulating Jersey Swap-based
Invesco Physical Gold GBP Hedged ETCXS2183935605 69 0.34% p.a. Accumulating Ireland Physically backed
Xtrackers Physical Platinum EUR Hedged ETCDE000A1EK0H1 66 0.75% p.a. Accumulating Jersey Physically backed
HANetf The Royal Mint Responsibly Sourced Physical Gold EUR Hedged ETCXS2892963286 63 0.35% p.a. Accumulating Ireland Physically backed
WisdomTree SilverGB00B15KY328 59 0.49% p.a. Accumulating Jersey Swap-based
Xtrackers Physical Rhodium ETCGB00B684MW17 49 0.95% p.a. Accumulating Jersey Physically backed
WisdomTree Silver - EUR Daily HedgedJE00B5SV2703 48 0.49% p.a. Accumulating Jersey Swap-based
Xtrackers Physical Gold GBP Hedged ETCGB00B68FL050 41 0.69% p.a. Accumulating Jersey Physically backed
Xtrackers IE Physical Silver EUR Hedged ETC SecuritiesDE000A2UDH55 41 0.73% p.a. Accumulating Ireland Physically backed
Invesco Physical PlatinumIE00B40QP990 35 0.19% p.a. Accumulating Ireland Physically backed
iShares Physical Palladium ETCIE00B4556L06 33 0.20% p.a. Accumulating Ireland Physically backed
Xtrackers IE Physical Platinum ETC SecuritiesDE000A2T0VT7 30 0.38% p.a. Accumulating Ireland Physically backed
WisdomTree Gold - EUR Daily HedgedJE00B4RKQV36 23 0.49% p.a. Accumulating Jersey Swap-based
IncomeShares Gold+ Yield ETPXS2852999775 13 0.35% p.a. Distributing Ireland Full replication
Invesco Physical PalladiumIE00B4LJS984 12 0.19% p.a. Accumulating Ireland Physically backed
HANetf The Royal Mint Responsibly Sourced Physical Gold GBP Hedged ETCXS2892961827 11 0.35% p.a. Accumulating Ireland Physically backed
Xtrackers IE Physical Platinum EUR Hedged ETC SecuritiesDE000A2UDH63 10 0.73% p.a. Accumulating Ireland Physically backed
WisdomTree Precious Metals - EUR Daily HedgedJE00B78NPQ01 1 0.49% p.a. Accumulating Jersey Swap-based

Source: justETF.com; As of 19.06.25

 

Find the best Precious metals ETFs/ETCs

Return comparison of all precious metals ETFs/ETCs

The table shows the returns of all precious metals ETFs/ETCs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.

ETF   1 month
in %		 3 months
in %		 6 months
in %		 1 year
in %		 3 years
in %
iShares Physical Gold GBP Hedged ETC 0.38% 13.08% 21.74% 40.52% -
Xtrackers IE Physical Gold GBP Hedged ETC Securities 0.40% 13.10% 21.70% 40.26% 71.88%
Invesco Physical Gold GBP Hedged ETC 0.40% 13.10% 21.69% 40.23% 71.99%
WisdomTree Physical Gold - GBP Daily Hedged 0.35% 13.00% 21.62% 40.03% 72.21%
Xtrackers Physical Gold GBP Hedged ETC 0.40% 13.03% 21.57% 40.00% 71.98%
iShares Physical Gold EUR Hedged ETC -1.03% 14.55% 21.90% 36.22% -
Xtrackers IE Physical Gold EUR Hedged ETC Securities -1.04% 14.51% 21.78% 35.85% 62.86%
Invesco Physical Gold EUR Hedged ETC -1.04% 14.51% 21.76% 35.84% 62.85%
WisdomTree Physical Gold - EUR Daily Hedged -1.06% 14.44% 21.74% 35.81% 63.14%
Xtrackers Physical Gold EUR Hedged ETC -1.03% 14.52% 21.77% 35.77% 63.12%
WisdomTree Gold - EUR Daily Hedged -1.03% 14.20% 20.55% 35.14% 55.41%
iShares Physical Gold ETC -0.44% 6.12% 15.11% 33.44% 67.81%
Xtrackers IE Physical Gold ETC Securities -0.45% 6.13% 15.11% 33.43% 67.80%
Invesco Physical Gold A -0.46% 6.13% 15.09% 33.42% 67.81%
WisdomTree Core Physical Gold -0.45% 6.13% 15.09% 33.42% 67.81%
Amundi Physical Gold ETC (C) -0.45% 6.14% 15.10% 33.41% 67.82%
WisdomTree Physical Swiss Gold -0.46% 6.13% 15.07% 33.38% 67.66%
HANetf The Royal Mint Responsibly Sourced Physical Gold ETC -0.45% 6.13% 15.03% 33.29% 67.15%
Xtrackers Physical Gold ETC (EUR) -0.46% 6.10% 15.02% 33.25% 67.14%
Xtrackers Physical Gold ETC -0.47% 6.10% 15.01% 33.24% 67.14%
WisdomTree Physical Gold -0.48% 6.06% 14.93% 33.06% 66.45%
WisdomTree Gold -0.37% 5.83% 13.82% 32.44% 58.69%
WisdomTree Precious Metals - EUR Daily Hedged -0.62% 11.86% 16.75% 26.91% 49.84%
WisdomTree Precious Metals -0.03% 3.57% 10.14% 24.29% 53.40%
WisdomTree Physical Precious Metals 1.09% 3.18% 7.99% 20.98% 25.97%
WisdomTree Silver - EUR Daily Hedged 0.56% 4.05% 4.45% 3.65% 31.71%
Xtrackers Physical Silver EUR Hedged ETC 2.42% 5.49% 6.19% 2.88% 36.51%
Xtrackers IE Physical Silver EUR Hedged ETC Securities 2.32% 5.28% 5.88% 2.40% 34.74%
WisdomTree Silver 1.17% -3.84% -1.38% 1.59% 36.10%
Xtrackers IE Physical Silver ETC Securities 2.93% -2.52% 0.26% 1.06% 42.68%
Invesco Physical Silver 2.92% -2.52% 0.25% 1.05% 42.77%
iShares Physical Silver ETC 2.92% -2.52% 0.25% 1.05% 42.67%
Xtrackers Physical Silver ETC (EUR) 2.93% -2.54% 0.17% 0.85% 32.39%
WisdomTree Physical Silver 2.93% -2.56% 0.11% 0.76% 41.44%
Xtrackers Physical Platinum EUR Hedged ETC 9.89% 12.72% 12.39% -0.55% 0.52%
Xtrackers IE Physical Platinum EUR Hedged ETC Securities 9.81% 12.51% 12.08% -1.01% -0.87%
Invesco Physical Platinum 10.49% 4.22% 6.02% -2.38% 4.47%
iShares Physical Platinum ETC 10.55% 4.24% 6.04% -2.38% 4.48%
Xtrackers IE Physical Platinum ETC Securities 10.45% 4.14% 5.90% -2.57% 3.86%
WisdomTree Physical Platinum 10.47% 4.16% 5.87% -2.67% 3.55%
Invesco Physical Palladium 3.63% -3.62% -8.73% -2.97% -55.43%
iShares Physical Palladium ETC 3.62% -3.64% -8.77% -2.99% -55.46%
WisdomTree Physical Palladium 3.58% -3.70% -8.88% -3.26% -55.84%
Xtrackers Physical Rhodium ETC 2.06% 23.65% 7.25% -11.65% -62.35%
HANetf The Royal Mint Responsibly Sourced Physical Gold EUR Hedged ETC -1.01% 14.51% 21.27% - -
HANetf The Royal Mint Responsibly Sourced Physical Gold GBP Hedged ETC 0.37% 13.07% 21.57% - -
IncomeShares Gold+ Yield ETP -1.91% 1.91% 11.85% - -
WisdomTree Core Physical Silver 2.93% -2.48% 0.28% - -
ETF   2025
in %		 2024
in %		 2023
in %		 2022
in %		 2021
in %
WisdomTree Physical Gold - GBP Daily Hedged 24.72% 30.19% 15.07% -6.45% 0.95%
HANetf The Royal Mint Responsibly Sourced Physical Gold EUR Hedged ETC 23.73% - - - -
iShares Physical Gold EUR Hedged ETC 23.40% 24.69% 10.41% - -
Xtrackers IE Physical Gold EUR Hedged ETC Securities 23.32% 23.83% 9.97% -2.05% -5.86%
Xtrackers Physical Gold EUR Hedged ETC 23.31% 23.59% 10.50% -3.24% -4.86%
Invesco Physical Gold EUR Hedged ETC 23.29% 24.14% 10.04% -2.18% -5.87%
WisdomTree Physical Gold - EUR Daily Hedged 23.26% 22.71% 11.25% -2.42% -5.95%
HANetf The Royal Mint Responsibly Sourced Physical Gold GBP Hedged ETC 23.24% - - - -
iShares Physical Gold GBP Hedged ETC 23.20% 31.73% 14.12% - -
Invesco Physical Gold GBP Hedged ETC 23.14% 31.06% 13.77% -6.94% 1.48%
Xtrackers IE Physical Gold GBP Hedged ETC Securities 23.14% 31.22% 13.77% -6.93% 1.52%
Xtrackers Physical Gold GBP Hedged ETC 23.00% 31.26% 14.04% -7.20% 1.74%
WisdomTree Gold - EUR Daily Hedged 22.47% 22.85% 8.19% -4.84% -6.53%
Xtrackers Physical Rhodium ETC 19.30% -0.99% -62.17% 1.45% -8.46%
WisdomTree Precious Metals - EUR Daily Hedged 19.21% 21.45% 5.08% -4.26% -8.23%
Xtrackers Physical Gold ETC 18.85% 34.30% 9.57% 5.47% 3.84%
HANetf The Royal Mint Responsibly Sourced Physical Gold ETC 16.53% 33.21% 10.30% 6.42% 3.05%
WisdomTree Physical Gold 15.26% 34.12% 9.41% 5.32% 3.71%
Amundi Physical Gold ETC (C) 15.17% 34.49% 9.72% 5.61% 4.88%
iShares Physical Gold ETC 15.13% 34.47% 9.73% 5.62% 3.95%
Xtrackers IE Physical Gold ETC Securities 15.11% 34.28% 9.43% 6.99% 3.80%
Xtrackers Physical Gold ETC (EUR) 15.07% 34.30% 9.57% 5.47% 4.01%
WisdomTree Core Physical Gold 15.01% 34.49% 9.71% 5.61% 3.97%
Invesco Physical Gold A 14.96% 34.49% 9.71% 5.61% 3.95%
WisdomTree Physical Swiss Gold 14.95% 34.44% 9.68% 5.57% 3.95%
Xtrackers Physical Platinum EUR Hedged ETC 14.55% -11.50% -8.70% 6.78% -11.73%
WisdomTree Gold 14.27% 33.28% 7.02% 3.73% 2.71%
Xtrackers IE Physical Platinum EUR Hedged ETC Securities 14.26% -11.93% -8.97% 5.52% -11.53%
IncomeShares Gold+ Yield ETP 13.03% - - - -
WisdomTree Precious Metals 11.07% 31.82% 4.03% 4.58% 0.69%
Xtrackers Physical Silver EUR Hedged ETC 10.85% 18.17% -4.26% -0.23% -14.21%
Xtrackers IE Physical Silver EUR Hedged ETC Securities 10.62% 17.72% -4.64% -0.68% -14.52%
WisdomTree Silver - EUR Daily Hedged 8.22% 16.55% -4.79% -2.23% -14.34%
Xtrackers IE Physical Platinum ETC Securities 6.58% -3.66% -8.94% 16.20% -1.95%
WisdomTree Physical Precious Metals 4.87% 22.85% -6.66% 5.80% -3.89%
WisdomTree Physical Platinum 4.78% -3.84% -9.27% 16.98% -3.89%
WisdomTree Core Physical Silver 3.41% - - - -
Xtrackers IE Physical Silver ETC Securities 3.41% 28.98% -4.30% 9.93% -5.13%
Xtrackers Physical Silver ETC (EUR) 3.32% 28.70% -10.45% 3.30% 7.28%
WisdomTree Silver 0.79% 26.88% -5.34% 7.20% -5.90%
WisdomTree Physical Palladium -2.03% -14.02% -39.89% -2.00% -13.04%
Invesco Physical Silver -6.17% 28.98% -4.28% 9.91% -5.68%
iShares Physical Silver ETC -6.58% 28.99% -4.28% 9.91% -5.69%
iShares Physical Platinum ETC -7.59% -3.60% -8.98% 17.32% -3.62%
WisdomTree Physical Silver -8.03% 28.58% -4.57% 9.65% -5.95%
Invesco Physical Palladium -10.00% -13.76% -39.71% -1.71% -12.74%
Invesco Physical Platinum -11.10% -3.55% -8.99% 17.33% -3.60%
iShares Physical Palladium ETC -13.26% -13.79% -39.70% -1.73% -12.70%

Source: justETF.com; As of 31.05.25; Calculations in EUR including dividends