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Nippon India Silver ETF vs HDFC Silver ETF

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.

MetricNippon India Silver ETFHDFC Silver ETF
1Y return+116.64%+116.36%
3Y CAGR+44.95%+45.10%
5Y CAGR--
Sharpe ratio0.831.03
Max drawdown-44.4%-44.4%
Volatility37.2%40.4%
Alpha--
Expense ratio (Direct)-0.22%
AUM₹34.7K Cr₹8.1K 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 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.

Nippon India Silver ETF detailsHDFC Silver ETF detailsOpen in interactive compare