|Bid||22.60 x 2900|
|Ask||22.63 x 800|
|Day's Range||22.26 - 22.54|
|52 Week Range||11.30 - 28.44|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||33.56%|
|Beta (5Y Monthly)||0.83|
|Expense Ratio (net)||0.30%|
Many investors are hesitant to buy individual commodities, but exchange-traded funds (ETFs) make this area accessible to a broader range of investors. Commodities can be a useful hedge against inflation, and they help diversify investment portfolios beyond more traditional stocks and bonds.
Precious metals such as gold, silver, and platinum are valued by many investors as a hedge against inflation or a safe haven in times of economic turmoil. They also are valued for their rarity and their use in a broad range of industrial applications.
Silver exchange-traded funds (ETFs) closely track the price of silver and are generally more liquid than owning the precious metal itself. Like other precious metals, silver tends to be favored by investors seeking a hedge against inflation or a safe haven in times of market turmoil.