Top 10 most-purchased ETFs: November 2025

ETF investors are still loving precious metals but US equity plays are catching up.

2nd December 2025 11:20

by Dave Baxter from interactive investor

Stock market graph with golden coins on green background

Cryptoassets are very high risk and you should be prepared to lose all your money before you invest

US equity trackers bolstered their presence in our November bestsellers list, although investors are still showing plenty of appetite for precious metals exposure. 

Our monthly tables are based on the number of buys, with regular investing excluded. 

The iShares Physical Gold ETC GBP 

SGLN

0.85%

 remains at the top of our list, with investors likely continuing to chase the yellow metal’s strong performance.

This fund, which simply tracks the spot gold price as opposed to holding the likes of gold mining shares, has returned more than 50% over a 12-month stretch. All performance figures are given in sterling terms. 

The iShares Physical Silver ETC GBP 

SSLN

1.14%

, which has had an even better run, also remains in the top 10. But precious metals funds are losing some ground: the silver ETC slips two places, while the racier Global X Silver Miners ETF USD Acc GBP 

SILG

3.11% fell out of the list entirely. 

The two share classes of the Vanguard S&P 500 UCITS ETF GBP 

VUSA

0.06%

 creep up to second and third place in this month’s list, showing that investors haven’t lost their appetite for the market even in a year where it has trailed many of its peers. 

Elsewhere, investors are getting similar exposure via global equity trackers. There’s the Vanguard FTSE All-World UCITS ETF GBP 

VWRL

0.09%

 and its accumulation share class, as well as the iShares Core MSCI World ETF USD Acc GBP 

SWDA

0.15%

Note that with both the US and FTSE All-World trackers, investors have made good use of the distributing share classes, which pay out dividends, even though these markets are not especially high-yielding. Investors may well be better off using the accumulating share classes, which reinvest the dividends and do a better job of compounding returns over time. 

A new name that entered the list demonstrates the enduring appeal of cash-like investments. 

Amundi Smart Overnight Ret GBP H ETF Acc 

CSH2

0.01%

 looks to pay out the base interest rate, and has held up well against the competition as per our analysis from early 2025. The popularity of this fund chimes with that of an investor favourite from the open-ended space, Royal London Short Term Money Mkt Y Acc

Elsewhere some racier ETFs remain popular. There’s the Invesco EQQQ NASDAQ-100 ETF GBP 

EQQQ

0.59%

, a well-established play on the tech sector with big positions in Magnificent Seven members NVIDIA Corp 

NVDA

0.86%Apple Inc AAPL1.09%, and Microsoft Corp MSFT0.67%.

But as our recent analysis shows, there are in fact some even racier tech funds out there

Remaining in the list, the VanEck Crypto&Blckchan Innovtr ETF A USD GBP 

DAGB

2.11%

 is still very popular among ii customers.

It has a decent chunk of its portfolio tied up in top holdings such as IREN Ltd 

IREN

15.20%

BitMine Immersion Technologies Inc 

BMNR

10.26%Applied Digital Corp APLD0.57% and Coinbase Global Inc Ordinary Shares – Class A COIN1.32%

It has enormous returns at points, although the fund’s sector of choice also means it can be extremely volatile. The performance figures in the table illustrate this well: the fund has returned more than 400% over a three-year period, but less than 2% over the last year. 

Top 10 most popular ETFs in November 

RankingExchange-traded fund (ETF)Change from OctoberOne-year return to 30 November 2025 (%)Three-year return to 30 November 2025 (%)
1iShares Physical Gold ETC GBP SGLN0.85%Unchanged51.5114.1
2Vanguard S&P 500 ETF USD Acc GBP VUAG0.08%Up 11056.2
3Vanguard S&P 500 UCITS ETF GBP VUSA0.06%Up 11056.2
4iShares Physical Silver ETC GBP SSLN1.14%Down 268.1123.4
5Vanguard FTSE All-World UCITS ETF GBP VWRL0.09%Unchanged13.650
6VanEck Crypto&Blckchan Innovtr ETF A USD GBP DAGB2.11%Unchanged1.9405.4
7Invesco EQQQ NASDAQ-100 ETF GBP EQQQ0.59%Unchanged1792.2
8Vanguard FTSE All-World ETF USD Acc GBP VWRP0.11%Up 113.650
9iShares Core MSCI World ETF USD Acc GBP SWDA0.15%Up 112.352.1
10Amundi Smart Overnight Ret GBP H ETF Acc CSH20.01%New2.810.2