Funds are the largest of the ETFs traded on the U.S. market that are classified as 'precious metals' by the source. While these funds are traded in the U.S., their investment are not necessarily in U.S. assets. Only funds which have been active for five years or more are included by the source.
The expense ratio of an ETF is portion of the total portion of the amount invested that an investor needs to to pay to the operator of the ETF.
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ETFs for precious metals based in the U.S. listed by expense ratio 2023
As of September 1, 2023, the most expensive exchange traded fund (ETF) for precious metals was the FT Cboe Vest Gold Strategy Quarterly Buffer ETF. This particular ETF had an expense ratio of **** percent, which compares to an expense ratio of *** percent for the iShares Silver Trust (SLV), the third largest precious metals ETF. Precious metals ETFs are exchanged traded funds that generally purchase and hold bullion of one or more precious metals, although they may also invest in other financial assets such as futures or the shares in companies that mine precious metals. This enables consumers to invest in precious metals without the high cost of entry to needed purchase and store physical bullion.
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VettaFi ETF Database. (September 1, 2023). Most expensive precious metals exchange traded funds (ETFs) traded in the United States as of September 1, 2023, by expense ratio [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 30, 2026, from /statistics/1238831/precious-metals-etfs-traded-usa-expense-ratio/
VettaFi ETF Database. "Most expensive precious metals exchange traded funds (ETFs) traded in the United States as of September 1, 2023, by expense ratio." Chart. September 1, 2023. ÌÇÐÄÆÆ½â°æ. Accessed July 30, 2026. /statistics/1238831/precious-metals-etfs-traded-usa-expense-ratio/
VettaFi ETF Database. (2023). Most expensive precious metals exchange traded funds (ETFs) traded in the United States as of September 1, 2023, by expense ratio. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 30, 2026. /statistics/1238831/precious-metals-etfs-traded-usa-expense-ratio/
VettaFi ETF Database. "Most Expensive Precious Metals Exchange Traded Funds (Etfs) Traded in The United States as of September 1, 2023, by Expense Ratio." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 1 Sep 2023, /statistics/1238831/precious-metals-etfs-traded-usa-expense-ratio/
VettaFi ETF Database, Most expensive precious metals exchange traded funds (ETFs) traded in the United States as of September 1, 2023, by expense ratio ÌÇÐÄÆÆ½â°æ, /statistics/1238831/precious-metals-etfs-traded-usa-expense-ratio/ (last visited July 30, 2026)
Most expensive precious metals exchange traded funds (ETFs) traded in the United States as of September 1, 2023, by expense ratio [Graph], VettaFi ETF Database, September 1, 2023. [Online]. Available: /statistics/1238831/precious-metals-etfs-traded-usa-expense-ratio/