Precious Metals ETFs

Precious Metals ETFs are vastly different investment vehicles and performance expectations should be adjusted accordingly

strategic metals are the talk of the town, with cobalt, nickel and lithium flying high in the tail wind of battery powered vehices - check our Cobalt theme and our Lithium abundance themes for details
the attention benefiting gold funds - strong in uncertain times - will not distract from their structural differences (mature vs junior gold, physical precious metals vs 'paper' gold, leverage) - impacting volatility and performance

SPDR Gold Trust - with AuM exceeding $57bn - is the benchmark of the Precious Metals theme

Basic Materials ETF themes present cross-industry views of price trends – in terms of the natural resource involved and exposure to commodity markets

Name	Ticker	Category	SubCategory	Cur. Price	Performance	Momentum	Risk Rank
SPDR® Gold Shares	GLD	Commodities (Gold)	Gold (Physical)	378.13	23.1%	Weak Down	High Risk
iShares Gold Trust	IAU	Commodities (Gold)	Gold (Physical)	77.51	23.3%	Weak Down	High Risk
Global X Gold Explorers ETF	GOEX	Commodities (Gold)	Gold Miners	72.28	61.5%	Sharp Down	High Risk
Invesco DB Precious Metals Fund	DBP	Commodities (Precious Metals)	Commodity Pools	95.05	28.5%	Weak Down	High Risk
abrdn Physical Platinum Shares ETF	PPLT	Commodities (Precious Metals)	Precious Metals (Physical)	14.72	17.6%	Sharp Down	High Risk
VanEck Vectors® Rare Earth/Strategic Metals ETF	REMX	Basic Materials	Strategic Metals & Minerals	86.72	110.8%	Weak Down	High Risk
Global X Uranium ETF	URA	Basic Materials	Strategic Metals & Minerals	43.23	19.6%	Sharp Down	High Risk
iShares Silver Trust	SLV	Commodities (Silver)	Silver (Physical)	55.02	64.2%	Sharp Down	High Risk