Data as of Oct 28, 2026.

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GRNY vs SLV: Differences, Returns & Fees

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GRNY is an actively managed equity fund and SLV a commodity fund, and over the year to Oct 28, 2026, SLV returned +14.9% against +6.5%.

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Net assets: $4.3bn on Jul 31, 2026 for Fundstrat Granny Shots US Large Cap ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.

At a glance
+6.5%
GRNY total return, 1 year
+14.9%
SLV total return, 1 year
0.75%
GRNY expense ratio
0.50%
SLV expense ratio

Pair scorecard

SLV costs 0.25 points a year less; their one-year returns differ by 8.4 points.

GRNY vs SLV: Differences, Returns & Fees
MeasureGRNYSLV
Return
Total return, 1 year+6.5%+14.9%
Drawdown
Below its high3.5%, high on Oct 6, 202653.5%, high on Jan 28, 2026
Benchmark
What it tracksNo index, actively managedSilver
Cost and size
Expense ratio0.75%0.50%
Net assets, GRNY as of Jul 31, 2026 and SLV as of Oct 28, 2026$4.3bn$26.9bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight98%
Top ten holdings, share of the fund26.5%

Method

Side by side

GRNY Fundstrat Granny Shots US Large Cap ETF SLV iShares Silver Trust
Where it sits Stock ETF Commodity ETF
What it is Actively managed Holds silver
Total return, 1 year +6.5% +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 0.75% 0.50%
Holdings 43 not counted
Net assets, GRNY as of Jul 31, 2026 and SLV as of Oct 28, 2026 $4.3bn $26.9bn

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

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About each fund
GRNY

GRNY is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +6.5% with distributions reinvested. The prospectus expense ratio is 0.75% a year. By its holdings filed for Jul 31, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 43 positions, with the top ten at 26.5%. It sat 3.5% below its high of Oct 6, 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, GRNY or SLV?
In the year to Oct 28, 2026, with distributions reinvested, GRNY returned +6.5% and SLV +14.9%.
Which is cheaper, GRNY or SLV?
SLV is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, GRNY against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/grny-vs-slv

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