Which Precious Metals ETF Is the Better Buy: iShares' Gold Trust IAU or Silver Miners SLVP?

iShares Gold Trust (IAU) offers lower costs (0.25% expense ratio) and stability with direct physical gold exposure, making it suitable for portfolio diversification. iShares MSCI Global Silver and Metals Miners ETF (SLVP) provides leveraged exposure to mining equities with higher returns (87.2% 1-year return vs 28.8%) but greater volatility and risk. The choice depends on whether investors seek stability or growth.