Two ASX ETFs for exposure to surging commodity prices

Silver and copper prices have surged this year. Here are two funds offering direct exposure.

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Key points

  • Two ASX ETFs have surged in value due to rising silver and copper prices. 
  • The Global X Copper Miners ETF gained from copper's 26% price rise in 2025. 
  • ETFS Physical Silver rose on the back of silver's commodity price gains. 

ASX ETFs can be an effective way to capture exposure to specific sectors or commodities. 

In 2025, gold has been hotly covered as the commodity price has surged, and along with it, gold shares. 

However, less covered have been silver and copper prices, which have also flown higher this year. 

Here are two ASX ETFs to consider for exposure to these commodities. 

ETFS Physical Silver (ASX: ETPMAG)

Global X Physical Silver Structured offers exposure to physical silver. 

It aims to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Silver Price in Australian Dollars. 

The global price of silver has skyrocketed in the last year, rising almost 60% in that span. 

This has been reflected by this ASX ETF, which has risen more than 63% over the last 6 months. 

At the time of writing, silver is fetching US$50.66 an ounce. 

It was fetching just under US$30 an ounce at the start of 2025. 

Last month, Reuters reported that analysts at Bank of America Corp (NYSE: BAC) lifted their gold and silver price targets significantly. This included a silver forecast of US$65 an ounce. 

If this were to come to fruition, it would be a further 28% rise from current levels. 

Global X Copper Miners ETF (ASX: WIRE)

According to Global X, this ASX ETF provides access to a global basket of copper miners that stand to benefit from being a key part of the value chain, facilitating growth in major areas of innovation such as technology, infrastructure, and clean energy.

The copper price has risen more than 26% in 2025.  

This ASX ETF has risen even more, up 53% year to date. 

Copper is likely to continue to benefit from structural tailwinds supported by global innovations in clean energy, electric vehicles, and other forms of next-generation advancements.

At the time of writing, this ASX ETF is made up of 39 holdings. 

Geographically, its largest exposure is to companies based in: 

  • Canada (37%)
  • Australia (11.53%)
  • China (10.56%)
  • United States (10.52%)
  • Japan (6.39%) 

By individual holding, its largest exposure is: 

  • Lundin Mining Co (5.56%) 
  • Southern Copper Corp (5.02%)
  • Glencore PLC (4.85%). 

Bank of America is an advertising partner of Motley Fool Money. Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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