Which returned more over the last year, EMB or SLV?

In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and SLV +14.9%.

Which is cheaper, EMB or SLV?

EMB is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

EMB vs SLV: Differences, Returns & Fees

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EMB is a bond index fund and SLV a commodity fund, and over the year to Oct 28, 2026, SLV returned +14.9% against −0.4%.

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Net assets on Oct 28, 2026: $13.2bn for iShares J.P. Morgan USD Emerging Markets Bond ETF and $26.9bn for iShares Silver Trust.

EMB on its own →SLV on its own →

At a glance

−0.4%

EMB total return, 1 year

+14.9%

SLV total return, 1 year

0.39%

EMB expense ratio

0.50%

SLV expense ratio

Pair scorecard

EMB costs 0.11 points a year less; their one-year returns differ by 15.3 points; SLV is 2.0 times larger.

EMB vs SLV: Differences, Returns & Fees
Measure	EMB	SLV
Return
Measure	EMB	SLV
Total return, 1 year	−0.4%	+14.9%
Drawdown
Measure	EMB	SLV
Below its high	3.5%, high on Jun 29, 2026	53.5%, high on Jan 28, 2026
Benchmark
Measure	EMB	SLV
What it tracks	J.P. Morgan EMBI Global Core Index	Silver
Cost and size
Measure	EMB	SLV
Expense ratio	0.39%	0.50%
Net assets	$13.2bn	$26.9bn
Holdings
Measure	EMB	SLV
Holdings in common	not published

Method

Side by side

EMB iShares J.P. Morgan USD Emerging Markets Bond ETF SLV iShares Silver Trust

Where it sits Bond ETF Commodity ETF

Issuer iShares iShares

What it is Tracks the J.P. Morgan USD Emerging Markets Bond Holds silver

Total return, 1 year −0.4% +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 0.39% 0.50%

Holdings 622 not counted

Net assets $13.2bn $26.9bn

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

Alert

About each fund

EMB

EMB tracks the J.P. Morgan USD Emerging Markets Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.39% a year. It sat 3.5% below its high of Jun 29, 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, EMB or SLV?: In the year to Oct 28, 2026, with distributions reinvested, EMB returned −0.4% and SLV +14.9%.
Which is cheaper, EMB or SLV?: EMB is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

EMB vs GLDM EMB vs IAU EMB vs GLD EMB vs SIVR IGIB vs SLV SLV vs VTIP SLV vs USHY SHY vs SLV

Where to next

EMB on its own →SLV on its own →Hold both: look the portfolio through →Rankings →EMB dividend history →EMB holdings →Standards and sources →

Sources and dates

EMB filings on SEC EDGAR ↗

EMB prospectus with the expense ratio (SEC) ↗

iShares page for EMB ↗

iShares page for SLV ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, EMB against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/emb-vs-slv

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