HDFC Silver ETF vs Nippon India Silver ETF FOF
Updated June 2026 · both Silver funds · metrics from AMFI NAVs
In short: HDFC Silver ETF has the higher 3-year return (+45.10%); HDFC Silver ETF has the better risk-adjusted return (Sharpe 1.03). This is analysis from past data, not a recommendation.
| Metric | HDFC Silver ETF | Nippon India Silver ETF FOF |
|---|---|---|
| 1Y return | +116.36% | +113.09% |
| 3Y CAGR | +45.10% | +44.18% |
| 5Y CAGR | - | - |
| Sharpe ratio | 1.03 | 0.83 |
| Max drawdown | -44.4% | -43.5% |
| Volatility | 40.4% | 36.9% |
| Alpha | - | - |
| Expense ratio (Direct) | 0.22% | 0.22% |
| AUM | ₹8.1K Cr | ₹4.7K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
Nippon India Silver ETF FOF has the lower Direct-plan expense ratio (0.22%), versus 0.22% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
HDFC Silver ETF has the higher 3-year CAGR (+45.10%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.