Data as of Oct 28, 2026.

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IEF vs SLV: Differences, Returns & Fees

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IEF is a bond index fund and SLV a commodity fund, and over the year to Oct 28, 2026, SLV returned +14.9% against −3.2%.

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Net assets: $43.5bn on Oct 27, 2026 for iShares 7-10 Year Treasury Bond ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.

At a glance
−3.2%
IEF total return, 1 year
+14.9%
SLV total return, 1 year
0.15%
IEF expense ratio
0.50%
SLV expense ratio

Pair scorecard

IEF costs 0.35 points a year less; their one-year returns differ by 18.1 points; IEF is 1.6 times larger.

IEF vs SLV: Differences, Returns & Fees
MeasureIEFSLV
Return
Total return, 1 year−3.2%+14.9%
Drawdown
Below its high13.1%, high on Aug 4, 202053.5%, high on Jan 28, 2026
Benchmark
What it tracksICE U.S. Treasury 7-10 Year Bond IndexSilver
Cost and size
Expense ratio0.15%0.50%
Net assets, as of Oct 27, 2026$43.5bn$26.5bn
Holdings
Holdings in commonnot published

Method

Side by side

IEF iShares 7-10 Year Treasury Bond ETF SLV iShares Silver Trust
Where it sits Bond ETF Commodity ETF
What it is Tracks an index of 7-10 Year Treasury Bond Holds silver
Total return, 1 year −3.2% +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 0.15% 0.50%
Holdings 17 not counted
Net assets, IEF as of Oct 27, 2026 and SLV as of Oct 28, 2026 $43.5bn $26.9bn

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

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About each fund
IEF

IEF tracks an index of 7-10 Year Treasury Bond. Over the year to Oct 28, 2026 it returned −3.2% with distributions reinvested. The prospectus expense ratio is 0.15% a year. It sat 13.1% below its high of Aug 4, 2020 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, IEF or SLV?
In the year to Oct 28, 2026, with distributions reinvested, IEF returned −3.2% and SLV +14.9%.
Which is cheaper, IEF or SLV?
IEF is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
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ETFIQ, IEF against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/ief-vs-slv

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