US-listed · NYSE Arca · FIF-eligible (above NZ$50K)
AberdeenSIVRAberdeen Physical Silver Shares ETF
Physical silver bullion exposure — backed by allocated silver bars held in vaulted storage.
Updated Reviewed quarterly
About this fund
What is SIVR?
SIVR is the US-listed ticker for Aberdeen Physical Silver Shares ETF, issued by Aberdeen. Physical silver bullion exposure — backed by allocated silver bars held in vaulted storage. TER is 0.30% per year.
SIVR does not distribute.Returns are reflected in unit price (accumulating / no distribution).
Platform availability
Where to buy SIVR from New Zealand
Based on each platform's advertised market coverage and fee schedule. Verify with the platform before transacting — instrument coverage can change.
| Platform | Per-trade fee | FX | Min | Notes |
|---|---|---|---|---|
 SharesiesSharesies | 1.9% per trade | 0.5% | NZ$0 | Beginners, fractional shares, mixing NZ + US ETFs |
 HatchHatch | US$3 per trade (≤300 shares) | 0.5% | NZ$0 (US$1 to invest) | NZ investors who want US-only ETFs (SPY, VOO, QQQ, SCHD, JEPI) |
 StakeStake | US$0 trades | 0.70% | NZ$0 | Frequent US-share traders who hate per-trade fees |
 Interactive BrokersInteractive Brokers | From US$0.35 / trade (Tiered) or US$1 flat (Fixed) | ~0.002% (US$2 min) | US$0 | Larger portfolios, frequent traders, multi-market investors |
 Tiger BrokersTiger Brokers | US$2 flat per US trade (to 200 shares) | 0.50% | NZ$0 | NZ investors who want NZ + US + Asian markets in one account |
 Invest DirectInvest Direct | From NZ$29.90 per trade | Undisclosed margin on conversion | NZ$0 | US trading must be switched on by request, and covers a curated list of US securities — check this ticker is on it. |
 ASB SecuritiesASB Securities | NZ$30 per NZX trade | Bank rates (~1%) | NZ$0 (ASB customer) | Existing ASB customers wanting one login for banking + brokerage |
Showing 7 platforms that list this ETF. Full platform comparison: all 11 NZ brokers → · Full coverage matrix: availability matrix →
NZ tax treatment
How is SIVR taxed for NZ investors?
SIVR is US-domiciled. NZ investors apply Foreign Investment Fund rules once total overseas-share cost basis crosses the de-minimis threshold. Below it, only dividends are taxable.
The FIF de-minimis threshold is NZ$50,000(source) of overseas-share cost basis. Below it, FIF rules do not apply and only dividends are taxable.
Most NZ retail investors use Fair Dividend Rate (FDR): deemed income = 5% × opening market value × your marginal rate. Comparative Value (CV) can be lower in flat or down years.
FDR vs CV method → · PIE vs FIF comparison →
🧮 Model your own after-tax outcome
Mechanical NZ-tax calculator comparing PIE @ PIR vs FIF @ FDR vs FIF @ CV on your principal, assumed return, time horizon, PIR, and marginal rate. → Open the after-tax calculator
General information only — not personalised tax advice. Confirm your treatment with a registered NZ tax adviser before transacting.
Add up to 4 more tickers to compare TER · yield · distribution · NZ tax structure.
Similar ETFs
ETFs with similar focus to SIVR
Same asset class, issuer cousins, and exchange peers — ranked by closest match. Click any row to compare side-by-side in the multi-compare tool.
| Ticker | Name | TER | Yield | Distribution | NZ tax | Compare |
|---|---|---|---|---|---|---|
| GLD | Smart Gold (GLD) Smartshares · NZX | 0.55% | 0.0% | None | PIE | SIVR vs GLD |
| GDX | GDX VanEck · NYSE Arca | 0.51% | — | Annual | FIF | SIVR vs GDX |
| IAU | IAU iShares · NYSE Arca | 0.25% | — | None | FIF | SIVR vs IAU |
| GDXJ | GDXJ VanEck · NYSE Arca | 0.52% | — | Annual | FIF | SIVR vs GDXJ |
| SPY | SPY State Street · NYSE Arca | 0.09% | — | Quarterly | FIF | SIVR vs SPY |
Distribution history
Last 12 distributions — SIVR
SIVR does not pay distributions. Returns are reflected in the unit price (accumulating). There is no distribution-payment history to display.
FAQ
Common questions about SIVR
What is the SIVR ETF?⌄
SIVR is the Aberdeen Physical Silver Shares ETF (issued by Aberdeen Investments, formerly Aberdeen Standard / abrdn) — it holds physical silver bullion in vaulted storage (London + Zurich). One share represents a fractional ounce of silver. TER is 0.30%. No distributions are paid because silver doesn't generate income.
SIVR vs SLV — what's the difference?⌄
Both hold physical silver. SIVR (Aberdeen) charges 0.30% TER; SLV (iShares) has historically charged a higher TER (check the iShares fact sheet for the current figure) — at long horizons the lower TER compounds meaningfully. Both are auditable; both have allocated bullion. SLV has higher liquidity and tighter spreads. For buy-and-hold NZ investors, SIVR usually wins on cost.
Can NZ residents buy SIVR?⌄
Yes. SIVR is available via Hatch, Stake, Sharesies (US market), and Interactive Brokers. As a commodity ETF with no distributions, the only NZ tax consideration is FIF (above NZ$50,000 cost basis): use the FDR method (5% × opening market value × marginal rate) — no dividend withholding to worry about.
Is silver a good portfolio diversifier?⌄
Silver historically has lower correlation to equities than gold and higher industrial demand (electronics, solar panels). It is also more volatile — silver routinely moves 1.5-2× gold's daily move. Investors hold it for inflation/monetary hedging or industrial-cycle exposure. Suitable allocation depends on individual risk tolerance and broader portfolio construction.
Where to buy SIVR from New Zealand
The platforms below all support SIVR. Each link opens the platform's site directly — we don't take any payment for placement or for clicks.
Hatch
Sharesies
Interactive Brokers
Stake
Tiger BrokersFees + platform details verified against each provider's published rate card. Always check the current schedule before transacting.Full platform comparison →
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Sources for this SIVR data
The figures on this page come from the documents below. We do not pull live prices; the data is reviewed against issuer fact sheets and exchange listings (last reviewed 2026-07-05). Which figures have been checked against the issuer by machine, rather than by eye, is stated below — an unchecked figure is labelled as such rather than left ambiguous.
- ○Total expense ratioNot independently verified — check the issuer documents below before relying on it. We review unsourced figures by 2027-03-04; if no issuer publishes one by then, this figure is removed rather than left standing.
Issuer product page
aberdeeninvestments.com/en-us/individual/insights-and-research/aberdeen-physical-silver-shares-etf
Fact sheet (PDF)
aberdeeninvestments.com/en-us/investor/investment-solutions/commodities/sivr
External links open in a new tab. We do not earn commission on issuer product pages. See our methodology + disclosure.
Compare
SIVR against the alternatives
2 side-by-side comparisons covering fee, yield and NZ tax wrapper. Characteristics, not recommendations.
| Comparison | The other fund | Its TER |
|---|---|---|
| SIVR vs IAU | IAU | 0.25% |
| SIVR vs GLD | GLD | 0.40% |
