Silver and Gold Prices Are Volatile. Buy This ETF for Safety This Year

Core Viewpoint - The current volatility in silver and gold prices suggests a high level of speculation, making them less ideal for risk-averse investors seeking safety in their portfolios [1][2]. Investment Options - For those looking to invest $1,000, a diversified exchange-traded fund (ETF) like the iShares Core High Dividend ETF (NYSEMKT: HDV) is recommended for stability and dividend income [2]. ETF Characteristics - The iShares Core High Dividend ETF focuses on high-quality dividend stocks with strong financial health, ensuring sustainable payouts and reduced risk [3]. - The ETF comprises around 75 carefully selected stocks, including major companies like ExxonMobil, AbbVie, and Coca-Cola, which enhances its reliability [4]. Financial Metrics - The iShares ETF currently offers a yield of approximately 3%, significantly higher than the S&P 500's average yield of 1.1%, and has a low expense ratio of 0.08%, translating to only $8 in fees annually on a $10,000 investment [5]. - The combination of high yield, low fees, and quality stocks makes the iShares Core High Dividend ETF an attractive option for long-term investors aiming to mitigate market risks [6].