(SLV) iShares Silver Trust - Ratings and Ratios

The iShares Silver Trust (SLV) is designed to track the price of silver, providing investors with exposure to the precious metal without the need for physical ownership. As a passive investment vehicle, SLV does not employ active management strategies to profit from or mitigate silver price fluctuations. Instead, it aims to reflect the performance of silver before accounting for the Trusts expenses and liabilities. This straightforward approach makes it a popular choice for those seeking direct silver exposure.

SLV is structured as a grantor trust, domiciled in the United States. Unlike actively managed funds, it does not engage in speculative trading or hedging activities. The Trusts primary objective is to hold physical silver bullion, and its value is derived directly from the silver it holds. The expense ratio for SLV is 0.30%, which is relatively low compared to actively managed funds, making it an efficient way to gain exposure to silver.

With an assets under management (AUM) of approximately $14.53 billion, SLV is one of the largest commodity-focused ETFs. It trades on the NYSE Arca under the ticker symbol SLV. The Trusts simplicity and transparency make it a preferred tool for both institutional and retail investors looking to diversify their portfolios or hedge against inflation and market volatility. SLVs performance is closely tied to the spot price of silver, less the Trusts expenses.