Data as of Oct 28, 2026.

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AVEM vs SLV: Differences, Returns & Fees

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AVEM is an actively managed equity fund and SLV a commodity fund, and over the year to Oct 28, 2026, AVEM returned +17.9% against +14.9%.

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Net assets: $27.3bn on Oct 27, 2026 for Avantis Emerging Markets Equity ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.

At a glance
+17.9%
AVEM total return, 1 year
+14.9%
SLV total return, 1 year
0.33%
AVEM expense ratio
0.50%
SLV expense ratio

Pair scorecard

AVEM costs 0.17 points a year less; their one-year returns differ by 3.0 points.

AVEM vs SLV: Differences, Returns & Fees
MeasureAVEMSLV
Return
Total return, 1 year+17.9%+14.9%
Drawdown
Below its high10.2%, high on Jun 22, 202653.5%, high on Jan 28, 2026
Benchmark
What it tracksNo index, actively managedSilver
Cost and size
Expense ratio0.33%0.50%
Net assets, as of Oct 27, 2026$27.3bn$26.5bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund28.7%

Method

Side by side

AVEM Avantis Emerging Markets Equity ETF SLV iShares Silver Trust
Where it sits Stock ETF Commodity ETF
What it is Actively managed Holds silver
Total return, 1 year +17.9% +14.9%
Its benchmark over the same days not measured +15.0% (SIVR)
Gap to its benchmark not measured −0.1 pts vs SIVR
Expense ratio 0.33% 0.50%
Holdings 4088 not counted
Net assets, AVEM as of Oct 27, 2026 and SLV as of Oct 28, 2026 $27.3bn $26.9bn

AVEM and SLV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
AVEM

AVEM is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +17.9% with distributions reinvested. The prospectus expense ratio is 0.33% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 4,088 positions, with the top ten at 28.7%. It sat 10.2% below its high of Jun 22, 2026 on Oct 28, 2026.

SLV

Its expense ratio is 0.50% a year, for the three months to Jun 30, 2026, as its 10-Q states.

SLV holds silver. Over the year to Oct 28, 2026 it returned +14.9% with distributions reinvested, against +15.0% for its benchmark, the price of silver. It sat 53.5% below its high of Jan 28, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, AVEM or SLV?
In the year to Oct 28, 2026, with distributions reinvested, AVEM returned +17.9% and SLV +14.9%.
Which is cheaper, AVEM or SLV?
AVEM is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, AVEM against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/avem-vs-slv

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