HDFC Silver ETF vs ICICI Prudential Silver ETF

ICICI Prudential Silver ETF-Growth has delivered the higher 3-year CAGR (47.35% vs 47.16%). ICICI Prudential Silver ETF-Growth is the cheaper of the two with an expense ratio of 0.40% against 0.50%. ICICI Prudential Silver ETF-Growth manages the larger corpus at ₹13.70k Cr. There is no single "better" ETF — the right choice depends on your holding period, risk appetite and what you already own. Use the returns, risk and portfolio overlap tables above to judge which fits your portfolio, and remember that past returns do not guarantee future performance.

Over 1 year, ICICI Prudential Silver ETF-Growth returned 98.75% against 97.73% for HDFC Silver ETF Regular-Growth; and over 3 years, ICICI Prudential Silver ETF-Growth leads with a 47.35% CAGR versus 47.16%. Returns beyond one year are CAGR (annualised). Short-period returns are heavily influenced by market cycles, so compare over at least three to five years before drawing conclusions.

ICICI Prudential Silver ETF-Growth has the lower expense ratio at 0.40%, compared with 0.50% for HDFC Silver ETF Regular-Growth — a difference of 0.10% a year. The expense ratio is deducted from NAV daily, so a lower ratio directly improves your net return, though it should not be the only reason to pick an ETF.

Both HDFC Silver ETF Regular-Growth and ICICI Prudential Silver ETF-Growth carry a "Very High" rating on the SEBI Riskometer. Within the same riskometer band, differences still show up in maximum drawdown, volatility and market-cap mix — all of which are compared in the tables above.

Yes — both are Commodities: Silver ETFs, which means they follow similar mandates and are benchmarked against comparable indices. That makes a direct comparison of returns, expense ratio and risk meaningful.

HDFC Silver ETF Regular-Growth has a NAV of ₹220.27 and an AUM of ₹7.47k Cr, and was launched on 1 Sep 2022. ICICI Prudential Silver ETF-Growth has a NAV of ₹229.91 and an AUM of ₹13.70k Cr, launched on 23 Jan 2022. NAV on its own says nothing about how expensive or cheap a fund is — only the return on it matters.