Global X Physical Gold Structured (ASX: GOLD) was among the 10 most traded ETFs on the Stake trading platform in FY25.
And no wonder, too.
Alongside the rapid ascent in the gold commodity price, this ASX ETF experienced 42.5% price growth over the financial year.
ASX ETFs are rapidly rising in popularity, and investors saw an opportunity to use them to leverage the gold run last year.
The Australian ETF industry ended FY25 at another record high of $280.5 billion in total assets under management.
ETFs enable investors to buy a big basket of shares, usually tracking a specific index, through a single trade for one brokerage fee.
The GOLD ETF and similar ETFs that track either the gold commodity price, ASX gold miners, or both, were winning picks in FY25.
But if you're into ETFs that correlate with commodities, is it time to consider diversification into other minerals and metals?
These experts think so.
Here are their recommended buys.
Image source: Getty Images
Global X Copper Miners ETF (ASX: WIRE)
The Market Matters team has a positive outlook for copper given its role in the world's electrification journey.
The WIRE ETF aims to track the Solactive Global Copper Miners Total Return Index, before costs.
The head of Market Matters, James Gerrish, is a portfolio manager at Shaw and Partners.
He says the team has a bullish view of this ASX ETF.
Gerrish says:
The holdings are spread across several countries, including Canada 36%, Australia 13%, China 10%, the US 9% and Japan 8%.
The WIRE ETF has an ok 0.65% expense ratio considering its overseas holdings, and tracks its benchmark reasonably well, considering the lack of hedging. Over the last year, the ETF has advanced by +2.4% compared to the index +4.2%.
The WIRE ETF is well-positioned for global electrification over the coming years, a trend we believe in strongly.
We like the risk/reward towards this ETF as it consolidates around the $13 area, ultimately targeting a retest of $16.
Betashares Global Uranium ETF (ASX: URNM)
Michael Gable from Fairmont Equities has a buy rating on the Betashares Global Uranium ETF.
This ASX ETF seeks to mirror the performance of the Indxx North Shore Uranium Mining Index before fees.
Gable notes the ETF's recent rise from $5.83 per unit on 9 April to $9.01 today.
Gable told The Bull this week:
We remain positive about uranium miners, as we expect increasing demand for uranium to exceed supply as nuclear energy gathers pace in the next few years.
Despite the strong recent performance, URNM remains a buying opportunity as we believe the ETF will move to new highs from here.
Global X Physical Silver Structured (ASX: ETPMAG)
Gable also has a buy rating on the Global X Physical Silver Structured ETF, which aims to track the price of silver, before fees.
Gable says:
The 45 year old chart for silver had been forming a large cup and handle pattern, which was an extremely bullish sign.
The silver price has recently started to break out of this cup and handle formation and finally follow the bullish moves seen in the gold price.
I expect ETPMAG to rally from here on the back of a bright outlook for the silver price.
