Data as of Oct 28, 2026.

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AVLV vs SIVR: Differences, Returns & Fees

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AVLV is an actively managed equity fund and SIVR a commodity fund, and over the year to Oct 28, 2026, AVLV returned +29.6% against +15.0%.

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Net assets: $22.4bn on Oct 27, 2026 for Avantis U.S. Large Cap Value ETF, and $3.7bn on Oct 28, 2026 for abrdn Physical Silver Shares ETF.

At a glance
+29.6%
AVLV total return, 1 year
+15.0%
SIVR total return, 1 year
0.15%
AVLV expense ratio
0.30%
SIVR expense ratio

Pair scorecard

AVLV costs 0.15 points a year less; their one-year returns differ by 14.6 points.

AVLV vs SIVR: Differences, Returns & Fees
MeasureAVLVSIVR
Return
Total return, 1 year+29.6%+15.0%
Drawdown
Below its high53.5%, high on Jan 28, 2026
Benchmark
What it tracksNo index, actively managedSilver
Cost and size
Expense ratio0.15%0.30%
Net assets, AVLV as of Oct 27, 2026 and SIVR as of Oct 28, 2026$22.4bn$3.7bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight84%
Top ten holdings, share of the fund26.8%

Method

Risk and return

Oct 1, 2021 to Oct 23, 2026 · 264 weekly returns
AVLV SIVR
Return
Total return edge SIVR +100.3% +136.1%
Annualized edge SIVR +14.7% +18.4%
Price return edge SIVR +84.5% +136.1%
Risk
Volatility edge AVLV 16.0% 34.9%
Max drawdown edge AVLV −18.3% −47.5%
Downside capture 100.6% 99.8%
Beta 1.06 1.00
Risk-adjusted
Sharpe edge AVLV 0.69 0.55
Sortino edge AVLV 0.99 0.82
Treynor 0.104 0.109
Calmar edge AVLV 0.80 0.39
Against the benchmark
Alpha +2.0% a year +0.2% a year
Alpha t-stat 0.94 0.96
Information ratio 0.52 0.19
Tracking error 4.8% 0.8%

Each against its own benchmark: AVLV against IWD, Oct 1, 2021 to Oct 23, 2026; SIVR against SLV, Jul 31, 2009 to Oct 23, 2026.

Reading

SIVR returned more: +136.1% to +100.3%. AVLV swung less: 16.0% to 34.9%. AVLV fell less at its worst: −18.3% to −47.5%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: AVLV vs SIVR: Differences, Returns & Fees
MeasureAVLVSIVREdgeHow it is measured
Return
Total return+100.3%+136.1%SIVRPrice change plus distributions, reinvested.
Annualized+14.7%+18.4%SIVRTotal return as a yearly rate.
Price return+84.5%+136.1%SIVRPrice change alone, distributions left out.
Risk
Volatility16.0%34.9%AVLVSpread of weekly returns, annualized. Lower is steadier.
Downside deviation11.2%23.2%AVLVLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−18.3%−47.5%AVLVDeepest fall from a high to the low after it.
Upside capture108.3%99.6%Share of its benchmark's rise caught in the weeks it rose.
Downside capture100.6%99.8%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta1.061.00Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.911.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.690.55AVLVReturn above Treasury bills per unit of volatility.
Sortino0.990.82AVLVReturn above Treasury bills per unit of downside deviation.
Treynor0.1040.109Return above Treasury bills per unit of beta.
Calmar0.800.39AVLVAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkIWDSLVThe ETF each fund is measured against.
Alpha+2.0% a year+0.2% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.940.96Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−2.2% to +6.1%−0.2% to +0.6%Includes zeroThe 95% range for the yearly alpha.
Information ratio0.520.19Return against its benchmark per unit of tracking error.
Tracking error4.8%0.8%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 264 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

AVLV Avantis U.S. Large Cap Value ETF SIVR abrdn Physical Silver Shares ETF
Where it sits Stock ETF Commodity ETF
Issuer Avantis abrdn
What it is Actively managed Holds silver
Total return, 1 year +29.6% +15.0%
Its benchmark over the same days +27.5% (IWD) +14.9% (SLV)
Gap to its benchmark +2.1 pts vs IWD +0.1 pts vs SLV
Expense ratio 0.15% 0.30%
Holdings 298 not counted
Net assets, AVLV as of Oct 27, 2026 and SIVR as of Oct 28, 2026 $22.4bn $3.7bn

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

Client brief · page 1 of 2 Report BR-5427D03063

AVLV and SIVR do different jobs. What does each one do in a portfolio?

  1. What each follows. AVLV follows No index, actively managed and SIVR follows Silver.
  2. One-year total return. Over 1 year to Oct 28, 2026 AVLV returned +29.6% and SIVR +15.0% with distributions reinvested, a gap of 14.6 points.
  3. Cost. AVLV charges 0.15% of assets a year and SIVR 0.30%, a gap of 0.15 points.

Data as of Oct 28, 2026.

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About each fund
AVLV

Over the year to Oct 28, 2026 it returned +29.6% with distributions reinvested, against +27.5% for its benchmark, the Russell 1000 Value.

AVLV is actively managed and tracks no index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 298 positions, with the top ten at 26.8%.

SIVR

Its expense ratio is 0.30% a year, for the three months to Jun 30, 2026, as its 10-Q states.

SIVR holds silver. Over the year to Oct 28, 2026 it returned +15.0% with distributions reinvested, against +14.9% 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, AVLV or SIVR?
In the year to Oct 28, 2026, with distributions reinvested, AVLV returned +29.6% and SIVR +15.0%.
Which is cheaper, AVLV or SIVR?
AVLV is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, AVLV against SIVR, data as of Oct 28, 2026. https://etfiq.com/compare/any/avlv-vs-sivr

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