Silver ETFs retraced by -0.77% on Friday, bringing the cumulative performance over the last 30 days to -4.76%. Friday was also the 8th consecutive market session where the segment registered outflows (-$67.06M for a total of over -$619.17M outflows over the period). Investors seem to be locking in profits after silver’s impressive recent surge. Year-to-date, Silver ETFs have risen by +53.07% and +$5.18Bn have been ploughed into the segment. 27 funds tracking 9 indices are included in the segment for a total of $22.69Bn of assets under management.
Find out what matters to over 300 investors when selecting ETFs in the TrackInsight 2020 Global ETF Survey.