Silver-based exchange traded funds (ETFs) have registered significant gains in 2025, tracking the sharp rise in silver prices over the course of the year.
Data for the period shows that silver ETFs and fund-of-funds have posted returns well above 100%, placing them among the stronger performing commodity linked instruments in the current calendar year.
In 2025 so far, silver ETFs have delivered average returns of around 127%. A total of 21 silver ETFs and silver ETF fund-of-funds recorded gains ranging from approximately 122% to 130% between January 1 and December 17, 2025, as per The Economic Times report.
Below is a list of the top 10 silver ETFs and silver ETF fund-of-funds that recorded more than 100% returns during the period.
| Silver ETF / FoF | Returns (%) |
| UTI Silver ETF | 130.02 |
| SBI Silver ETF FoF | 129.46 |
| Tata Silver ETF | 129.22 |
| ICICI Prudential Silver ETF | 128.36 |
| DSP Silver ETF | 128.15 |
| Aditya Birla SL Silver ETF | 128.13 |
| Kotak Silver ETF | 127.88 |
| Mirae Asset Silver ETF | 127.77 |
| Axis Silver ETF | 127.76 |
| HDFC Silver ETF | 127.69 |
Note: The list above is based on returns from January 1, 2025 to December 17, 2025.
Both silver ETFs and silver ETF fund-of-funds displayed similar performance trends during the year.
Direct silver ETFs featured among the top performers, while fund-of-funds also posted comparable returns, closely tracking underlying silver price movements.
The strong performance of silver ETFs in 2025 reflects sustained momentum in silver prices, supported by global demand trends and broader commodity market movements. Silver ETFs continued to attract attention within the passive investment space during the year.
Read More: Silver Nears Record at $59 as ETF Inflows Jump 590 Tons in a Week.
The data highlights the extent of silver price appreciation during the year and the consistent tracking performance of silver-linked exchange traded funds.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Dec 22, 2025, 1:41 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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