Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among commodity funds would cost $217 (0.43% a year), so ETPMAG is $37 dearer.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at — · 1 securities · top 10 = 100.0%
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 43.6 | −21.0 | −18.5 | −0.9 | 3.7 | −20.7 | −0.8 | 11.8 | −5.6 | −12.1 | −30.6YTD | ||
| 2025 | 5.3 | 1.4 | 8.5 | −6.2 | 0.4 | 7.3 | 4.1 | 3.4 | 20.0 | 1.4 | 15.0 | 32.5 | 133.4 |
| 2024 | 0.6 | −2.0 | 9.9 | 8.5 | 14.2 | −6.1 | 0.1 | −1.6 | 5.4 | 14.4 | −9.8 | −0.2 | 34.6 |
| 2023 | −5.6 | −7.9 | 13.7 | 7.8 | −4.8 | −5.1 | 6.5 | 3.9 | −5.7 | 2.1 | 3.6 | −7.6 | −1.9 |
| 2022 | 3.3 | 4.4 | −2.2 | −1.1 | −7.2 | −1.0 | −4.2 | −7.0 | 8.8 | 3.7 | 4.9 | 11.3 | 12.4 |
| 2021 | −0.9 | 1.3 | −7.5 | 3.5 | 7.5 | −4.4 | 1.2 | −5.0 | −9.3 | 5.8 | 3.2 | −4.3 | −9.9 |
| 2020 | 1.8 | 2.5 | −8.8 | −4.4 | 13.0 | −1.3 | 28.4 | 13.3 | −12.2 | −0.3 | −5.7 | 9.9 | 33.9 |
| 2019 | 1.7 | −0.1 | −4.0 | −0.1 | −0.8 | 3.7 | 10.0 | 14.4 | −5.9 | 0.5 | −3.5 | 2.4 | 17.7 |
| 2018 | −1.7 | −0.4 | 0.8 | 2.0 | 0.4 | −0.2 | −4.5 | −3.6 | −1.6 | 4.0 | −4.5 | 10.3 | 0.0 |
| 2017 | 3.1 | 3.5 | −1.3 | −2.0 | −0.6 | −5.7 | −3.9 | 4.6 | −2.3 | 1.8 | 2.0 | −2.9 | −4.1 |
| 2016 | 5.0 | 3.4 | −3.7 | 15.6 | −4.2 | 11.3 | 7.9 | −6.6 | 0.2 | −7.3 | −4.5 | 0.9 | 16.2 |
| 2015 | 11.7 | −2.9 | 2.8 | −5.5 | 6.2 | −6.8 | −1.4 | 1.1 | 1.5 | 5.7 | −9.7 | −2.7 | −2.2 |
| 2014 | −0.0 | 5.6 | −9.5 | −2.8 | −2.0 | 8.7 | −0.7 | −5.0 | −3.9 | −2.4 | −3.7 | 3.2 | −13.2 |
| 2013 | −0.6 | −4.6 | −3.5 | −15.6 | −0.4 | −14.0 | 10.2 | 19.3 | −12.1 | 2.2 | −9.0 | 3.4 | −26.6 |
| 2012 | 15.1 | 4.1 | −6.4 | −3.1 | −3.8 | −8.7 | 1.5 | 10.1 | 12.8 | −7.6 | 4.6 | −5.8 | 9.5 |
| 2011 | −10.6 | 22.5 | 8.5 | 23.2 | −19.5 | −8.3 | 10.8 | 7.1 | −17.6 | 3.6 | −3.4 | −14.2 | −9.2 |
| 2010 | −7.8 | −0.8 | 1.7 | 8.5 | 9.1 | −0.1 | −9.9 | 8.3 | 6.1 | 8.5 | 14.4 | 7.6 | 52.0 |
| 2009 | 25.4 | 3.8 | −5.2 | −9.6 | 11.6 | −12.4 | −3.7 | 6.1 | 4.9 | −1.5 | 13.1 | −3.3 | 25.7 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
ETPMAG questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Global X Physical Silver?
Global X Physical Silver holds 1 securities.
Which ETFs does ETPMAG double up with most?
No other ASX fund shares more than 10% of its holdings with ETPMAG, and no fund's returns track it closely, so it offers a fairly distinct exposure.
How is Global X Physical Silver managed – active or passive?
Global X Physical Silver is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
What will I pay in fees for ETPMAG?
ETPMAG charges a management fee of 0.49% a year, about $49 for every $10,000 invested. Only 42% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among commodity funds, the median is 0.42%.
It is the cheapest of the 5 broad commodity funds we track.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.09% for ETPMAG.
Does Global X Physical Silver follow a theme?
No. Global X Physical Silver gives straightforward exposure to commodity prices rather than following a theme.
What is under the hood of ETPMAG?
ETPMAG's largest holding is Physical Silver (100.0%).
It follows an index; the issuer's PDS sets out how that index chooses and weights its holdings.
How well has Global X Physical Silver performed?
Based on its category, Global X Physical Silver aims to give exposure to commodity prices.
To 23 Oct 2026, with distributions reinvested, it returned 1.9% over 1 year (median −9.2%; ranked 3 of 10), 27.9% a year over 3 years (median 22.1% a year; ranked 1 of 7) and 18.3% a year over 5 years. The medians and rankings compare it with commodity funds. Since listing in 2009 it has returned 8.8% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for ETPMAG; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.49% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.