Top Performing ETFs Of 2016

December 23, 2016

Silver Miners ETF Take No. 1 Spot

The title of best-performing ETF of 2016 goes to the PureFunds ISE Junior Silver ETF (SILJ), with its 121.7% gain. SILJ was up even more―as much as 280% at its highs―but the recent sell-off in silver and gold prices took a bite out of returns for miners.

YTD Return For SILJ

Silver prices were last trading near $16/oz after hitting $21 at one point in July. Still, they're up from where they started the year around $14. Likewise, gold last traded at $1,130, down from a high of $1,375, but up from $1,050 at the start of the year.

SILJ, with almost $50 million in assets, holds stocks of small-cap silver mining companies, the riskiest segment of the already-risky precious metals mining industry. In addition to SILJ, the broader Global X Silver Miners ETF (SIL) also made the top 10, with a 67.1% return.

Metals & Mining ETF Gains Steam After Election

In contrast to SILJ, which has been losing steam recently, the No. 2 ETF of 2016, the SPDR S&P Metals & Mining ETF (XME), has been gaining steam into year-end. XME was last trading up 114.5% year-to-date, with half of those gains coming since the Nov. 8 U.S. presidential election.

YTD Return For XME

 

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