Data as of Oct 28, 2026.

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BINC vs SLV: Differences, Returns & Fees

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BINC is an actively managed equity fund and SLV a commodity fund, and over the year to Oct 28, 2026, SLV returned +14.9% against +0.5%.

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Net assets: $16.8bn on Oct 27, 2026 for iShares Flexible Income Active ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.

At a glance
+0.5%
BINC total return, 1 year
+14.9%
SLV total return, 1 year
0.40%
BINC expense ratio
0.50%
SLV expense ratio

Pair scorecard

BINC costs 0.10 points a year less; their one-year returns differ by 14.4 points; SLV is 1.6 times larger.

BINC vs SLV: Differences, Returns & Fees
MeasureBINCSLV
Return
Total return, 1 year+0.5%+14.9%
Drawdown
Below its high53.5%, high on Jan 28, 2026
Benchmark
What it tracksNo index, actively managedSilver
Cost and size
Expense ratio0.40%0.50%
Net assets, as of Oct 27, 2026$16.8bn$26.5bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund24.6%

Method

Risk and return

Jun 2, 2023 to Oct 23, 2026 · 177 weekly returns
BINC SLV
Return
Total return edge SLV +21.3% +124.6%
Annualized edge SLV +5.8% +26.8%
Price return edge SLV +0.2% +124.6%
Risk
Volatility edge BINC 3.1% 37.7%
Max drawdown edge BINC −2.7% −47.6%
Risk-adjusted
Sharpe edge SLV 0.37 0.70
Sortino edge SLV 0.57 1.07
Calmar edge BINC 2.20 0.56
Reading

SLV returned more: +124.6% to +21.3%. BINC swung less: 3.1% to 37.7%. BINC fell less at its worst: −2.7% to −47.6%.

Full scorecard

9 measures, with how each is measured
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Risk and return: BINC vs SLV: Differences, Returns & Fees
MeasureBINCSLVEdgeHow it is measured
Return
Total return+21.3%+124.6%SLVPrice change plus distributions, reinvested.
Annualized+5.8%+26.8%SLVTotal return as a yearly rate.
Price return+0.2%+124.6%SLVPrice change alone, distributions left out.
Risk
Volatility3.1%37.7%BINCSpread of weekly returns, annualized. Lower is steadier.
Downside deviation2.0%24.7%BINCLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−2.7%−47.6%BINCDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.370.70SLVReturn above Treasury bills per unit of volatility.
Sortino0.571.07SLVReturn above Treasury bills per unit of downside deviation.
Calmar2.200.56BINCAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 177 weekly returns. Cash rate: the 13-week Treasury bill.

Side by side

BINC iShares Flexible Income Active ETF SLV iShares Silver Trust
Where it sits Bond ETF Commodity ETF
What it is Actively managed Holds silver
Total return, 1 year +0.5% +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 0.40% 0.50%
Holdings 4690 not counted
Net assets, BINC as of Oct 27, 2026 and SLV as of Oct 28, 2026 $16.8bn $26.9bn

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

Client brief · page 1 of 2 Report BR-F17B7B477C

BINC and SLV do different jobs. What does each one do in a portfolio?

  1. What each follows. BINC follows No index, actively managed and SLV follows Silver.
  2. One-year total return. Over 1 year to Oct 28, 2026 BINC returned +0.5% and SLV +14.9% with distributions reinvested, a gap of 14.4 points.
  3. Cost. BINC charges 0.40% of assets a year and SLV 0.50%, a gap of 0.10 points.

Data as of Oct 28, 2026.

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About each fund
BINC

BINC is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.40% 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 4,690 positions, with the top ten at 24.6%.

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, BINC or SLV?
In the year to Oct 28, 2026, with distributions reinvested, BINC returned +0.5% and SLV +14.9%.
Which is cheaper, BINC or SLV?
BINC is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, BINC against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/binc-vs-slv

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