Data as of Oct 28, 2026.

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EZU vs SLV: Differences, Returns & Fees

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EZU is an equity index fund and SLV a commodity fund, and over the year to Oct 28, 2026, SLV returned +14.9% against +7.1%.

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Net assets: $9.2bn on Oct 27, 2026 for iShares MSCI Eurozone ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.

At a glance
+7.1%
EZU total return, 1 year
+14.9%
SLV total return, 1 year
0.50%
EZU expense ratio
0.50%
SLV expense ratio

Pair scorecard

Both cost 0.50% a year; their one-year returns differ by 7.8 points; SLV is 2.9 times larger.

Points (pts) are percentage points.

EZU vs SLV: Differences, Returns & Fees
MeasureEZUSLV
Return
Total return, 1 year+7.1%+14.9%
Drawdown
Below its high8.7%, high on Aug 14, 202653.5%, high on Jan 28, 2026
Benchmark
What it tracksMSCI EMU IndexSilver
Cost and size
Expense ratio0.50%0.50%
Net assets, as of Oct 27, 2026$9.2bn$26.5bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund30.5%

Method

Side by side

EZU iShares MSCI Eurozone ETF SLV iShares Silver Trust
Where it sits Stock ETF Commodity ETF
What it is Tracks the MSCI Eurozone Holds silver
Total return, 1 year +7.1% +14.9%
Its benchmark over the same days +14.3% (ACWX) +15.0% (SIVR)
Gap to its benchmark −7.2 pts vs ACWX −0.1 pts vs SIVR
Expense ratio 0.50% 0.50%
Holdings 216 not counted
Net assets, EZU as of Oct 27, 2026 and SLV as of Oct 28, 2026 $9.2bn $26.9bn

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

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About each fund
EZU

EZU tracks the MSCI Eurozone. Over the year to Oct 28, 2026 it returned +7.1% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.50% 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 216 positions, with the top ten at 30.5%. It sat 8.7% below its high of Aug 14, 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, EZU or SLV?
In the year to Oct 28, 2026, with distributions reinvested, EZU returned +7.1% and SLV +14.9%.
Which is cheaper, EZU or SLV?
Neither: EZU and SLV both charge 0.50% a year. Fees come from each fund's own filings.
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ETFIQ, EZU against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/ezu-vs-slv

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