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TrackInsight: Bad performance from Silver Stocks

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09/09/2019 | 10:30am EDT

ETFs seeking to replicate Silver stocks indices experienced a significant drop on Friday’s market session with a negative daily performance.

ETFs seeking to replicate Silver stocks indices experienced a significant drop on Friday’s market session with a negative daily performance standing at -5,37%. This is the first significant correction since the rally started in June. Since then, ETFs included in the segment progressed on average by an impressive +26,34%. Since the beginning of the year, performance is strongly standing at +17,51%. Over the same period, more than $+1,9Bn have been injected in the segment via the primary market. Money has been pouring into Silver ETFs as investors seek shelter to weather the storm caused by the global economic slowdown and geopolitical uncertainties. 22 funds tracking 7 indices are included in the segment for a total of $10,2Bn of assets under management.


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