Commodities: Precious Metals
With 5 ETFs and over $577.03M in combined AUM, the Commodities: Precious Metals segment provides exposure to the Global space with a focus on Broad Market securities.
Year-to-date, the best-performing ETF in the segment is the iPath Pure Beta Precious Metals ETN (BLNG), with a total return of 3.94%. Meanwhile, the most popular ETF is the ETFS Physical Precious Metals Basket Shares (GLTR) with $378.36MB in assets under management.
Investors should take a look at the (). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. has an expense ratio of -- and tracks the .
ETF.com Efficiency Insight
The average efficiency score in the Commodities: Precious Metals segment is 77 out of 100, with the ETFS Physical Precious Metals Basket Shares(GLTR) obtaining the highest rating of 90 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.69% per year, with the iPath Series B Bloomberg Precious Metals Subindex Total Return ETN (JJPB) having the lowest expense ratio, charging investors 0.45% yearly.
Investors should look for funds with tight tracking, such as the iPath Bloomberg Precious Metals Subindex Total Return ETN (JJP), with a 12-month median tracking difference of -0.84%.
ETF.com Tradability Insight
The average tradability score in the Commodities: Precious Metals segment is 74 out of 100, with the ETFS Physical Precious Metals Basket Shares(GLTR) obtaining the highest rating of 96 out of 100.
The ETFS Physical Precious Metals Basket Shares (GLTR) is the undisputed segment leader when it comes to liquidity. The fund trades 2.57M in daily average volume. Investors should also find ample liquidity in the PowerShares DB Precious Metals Fund (DBP), with $1.87M in daily dollar volume.
Use limit orders to trade funds such as the iPath Bloomberg Precious Metals Subindex Total Return ETN(JJP), due to their double-digit market spreads.
ETF.com Fit Insight
The S&P GSCI Precious Metals has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to DBP. This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, GLTR follows a Vanilla strategy and obtains a low Fit score compared with our neutral benchmark.