SBI Silver ETF vs UTI Silver Exchange Traded Fund
SBI Silver ETF and UTI Silver Exchange Traded Fund are both Silver Index Funds & ETFs. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR — vs +34.73%, 5-year CAGR — vs —, volatility 49.12% vs 44.44%, maximum drawdown −53.15% vs −52.87%.
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| SBI Silver ETF | UTI Silver Exchange Traded | |
|---|---|---|
| Fund house | SBI Mutual Fund | UTI Mutual Fund |
| Compared as | Silver Index Funds & ETFs | Silver Index Funds & ETFs |
| NAV | ₹179.5227 | ₹176.6500 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 8 Jul 2024 | 19 Apr 2023 |
| Track record | 2.3 yrs | 3.6 yrs |
| Fund size (AUM) | ₹5,817 Cr | — |
| Securities held | 1 | — |
| Portfolio as of | 30 Sep 2026 | Not disclosed yet |
| Fund page | Full record → | Full record → |
Returns
| SBI Silver ETF | UTI Silver Exchange Traded | |
|---|---|---|
| 1 month | −16.21% | −16.28% |
| 3 months | −20.40% | −20.51% |
| 6 months | −27.62% | −27.80% |
| 1 year | +23.73% | +23.29% |
| 3 years (CAGR) | — | +34.73% |
| 5 years (CAGR) | — | — |
| 7 years (CAGR) | — | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +33.52% | +27.41% |
| SIP return (XIRR, 5 years) ⓘ | — | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| SBI Silver ETF | UTI Silver Exchange Traded | |
|---|---|---|
| 2026 (year to date) | −19.63% | −19.12% |
| 2025 | +160.50% | +158.32% |
| 2024 | — | +14.77% |
Risk
| SBI Silver ETF | UTI Silver Exchange Traded | |
|---|---|---|
| Volatility (annualised) ⓘ | 49.12% | 44.44% |
| Downside volatility ⓘ | 23.61% | 22.07% |
| Sharpe ratio ⓘ | 0.55 | 0.64 |
| Sortino ratio ⓘ | 1.14 | 1.28 |
| Maximum drawdown ⓘ | −53.15% | −52.87% |
| Recovery from that fall | — | — |
| Current fall from peak | −51.10% | −50.81% |
| Rolling 1-year return: worst | +15.77% | +2.14% |
| Rolling 1-year return: median | +94.79% | +34.57% |
| Rolling 1-year return: best | +307.53% | +302.75% |
| Share of 1-year periods with a loss | 0.00% | 0.00% |
Against each fund's benchmark
| SBI Silver ETF | UTI Silver Exchange Traded | |
|---|---|---|
| Beta ⓘ | 0.22 | 0.07 |
| Alpha (Jensen's, annualised) ⓘ | +40.75% | +32.15% |
| R² ⓘ | 0.44 | 0.06 |
| Upside capture | 31.53% | 45.39% |
| Downside capture | -200.64% | -187.80% |
| Tracking error | 51.22% | 46.54% |
| Information ratio | 0.85 | 0.56 |
| Treynor ratio | 151.08 | 397.12 |
Portfolio
UTI Silver Exchange Traded Fund has no usable portfolio disclosure on file yet, so portfolio comparisons are shown only where available.
Asset mix
| SBI Silver ETF | UTI Silver Exchange Traded | |
|---|---|---|
| Foreign Securities | 97.90% | — |
| Cash & equivalents | 2.10% | — |
Market-cap split (share of fund assets)
| SBI Silver ETF | UTI Silver Exchange Traded | |
|---|---|---|
| Large Cap | 0.00% | — |
| Mid Cap | 0.00% | — |
| Small Cap | 0.00% | — |
| Unclassified | 0.00% | — |
Concentration
| SBI Silver ETF | UTI Silver Exchange Traded | |
|---|---|---|
| Top 10 holdings | 97.90% | — |
| Effective number of stocks ⓘ | 1 | — |
| Securities held | 1 | — |
Top 10 holdings
SBI Silver ETF
- Silver97.90%
UTI Silver Exchange Traded
Not disclosed yet.
Sector exposure
| SBI Silver ETF | UTI Silver Exchange Traded | |
|---|---|---|
| Silver | 97.90% | — |
Questions people ask
What is the difference between SBI Silver ETF and UTI Silver Exchange Traded returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +23.73% vs +23.29%; 3-year CAGR — vs +34.73%; 5-year CAGR — vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do SBI Silver ETF and UTI Silver Exchange Traded compare on risk?
Volatility (36 monthly returns, annualised) 49.12% vs 44.44%; Sharpe ratio 0.55 vs 0.64; Sortino ratio 1.14 vs 1.28; maximum drawdown −53.15% vs −52.87%; beta 0.22 vs 0.07.
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
SBI Silver ETF vs
UTI Silver Exchange Traded vs
All Silver Index Funds & ETFs comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.