ETFs: “The biggest topic is clearly precious metals”

Despite today's setback, stock prices have risen sharply again in the new year. The rally in gold and silver prices is also continuing. Equity ETFs remain in demand, with defense ETFs even more so than in previous months.

January 13, 2026. FRANKFURT (Deutsche Börse). Equity ETFs remain in demand in the new year. “However, the biggest topic for us at the moment is clearly precious metals,” explains Michael Norizin from Lang & Schwarz. According to Ivo Orlemann from ICF Bank, precious metal trackers are also at the top of the sales lists. “Purchases clearly outweigh sales,” he adds. Overall, he sees a continuation of last year's trends, with slight shifts. “The mood is also extremely good.” Business is also booming: “Sales, even around the holidays, were better than expected.”

The price of gold recently rose to a new high of just under $4,630, and at midday on Tuesday it stood at $4,582. The price of silver is also reaching new highs, currently standing at $85.42. ICF clients are primarily focusing on WisdomTree Physical Silver (JE00B1VS3333), Invesco Physical Gold (IE00B579F325), and WisdomTree Silver 3x Daily Leveraged (IE00B7XD2195)—all of which are ETCs. The WisdomTree Physical Palladium ETC (JE00B1VS3002) is also in demand, as are mining ETFs such as Global X Silver Miners (IE000UL6CLP7). Norizin agrees, saying that Xetra-Gold (DE000A0S9GB0) and iShares Physical Gold (IE00B4ND3602) are popular, but he also mentions WisdomTree Silver 3x Daily Leveraged (IE00B7XD2195).

“US stocks less popular”

However, traditional equity ETFs are also proving popular. Orlemann sees global ETFs as being very popular. “It is mostly European and global stocks that are being bought, rather than US stocks,” explains Norizin. In addition, the trend towards emerging market stocks observed in previous weeks is continuing. The favorite here is the iShares Core MSCI EM IMI (IE00BKM4GZ66). The VanEck Morningstar Developed Markets Dividend Leaders (NL0011683594) remains very strong in terms of turnover at ICF. It tracks stocks of companies from industrialized countries that are good and reliable dividend payers.