Looking for an alternative to GLD or SLV? Then look no further than the PowerShares DB Precious Metals Fund (DBP). DBP is a simple way to play both gold and silver at the same time. The shares move according to the “The Deutsche Bank Liquid Commodity Index – Optimum Yield Precious Metals” index. This index is composed of futures contracts on gold and silver, with the index weights presently at 78.53% gold and 21.47% silver. If you desire a one stop holding, this is the one for you. Note, average daily volume is around 40,000 shares and the annual expenses of this ETF are approximately 0.79%.
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