Data as of Oct 28, 2026.

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IEFA vs SLV: Differences, Returns & Fees

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IEFA is an equity index fund and SLV a commodity fund, and over the year to Oct 28, 2026, SLV returned +14.9% against +12.3%.

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Net assets on Oct 28, 2026: $190.4bn for iShares Core MSCI EAFE ETF and $26.9bn for iShares Silver Trust.

At a glance
+12.3%
IEFA total return, 1 year
+14.9%
SLV total return, 1 year
0.07%
IEFA expense ratio
0.50%
SLV expense ratio

Pair scorecard

IEFA costs 0.43 points a year less; their one-year returns differ by 2.6 points; IEFA is 7.1 times larger.

IEFA vs SLV: Differences, Returns & Fees
MeasureIEFASLV
Return
Total return, 1 year+12.3%+14.9%
Drawdown
Below its high4.7%, high on Aug 25, 202653.5%, high on Jan 28, 2026
Benchmark
What it tracksMSCI EAFE IMI IndexSilver
Cost and size
Expense ratio0.07%0.50%
Net assets$190.4bn$26.9bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Holdings datedOct 27, 2026
Top ten holdings, share of the fund12.3%

Method

Side by side

IEFA iShares Core MSCI EAFE ETF SLV iShares Silver Trust
Where it sits Stock ETF Commodity ETF
What it is Tracks the MSCI EAFE Holds silver
Total return, 1 year +12.3% +14.9%
Its benchmark over the same days +14.3% (ACWX) +15.0% (SIVR)
Gap to its benchmark −2.0 pts vs ACWX −0.1 pts vs SIVR
Expense ratio 0.07% 0.50%
Holdings 2629 not counted
Net assets $190.4bn $26.9bn

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

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About each fund
IEFA

IEFA tracks the MSCI EAFE. Over the year to Oct 28, 2026 it returned +12.3% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.07% 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 2,629 positions, with the top ten at 12.3%. It sat 4.7% below its high of Aug 25, 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, IEFA or SLV?
In the year to Oct 28, 2026, with distributions reinvested, IEFA returned +12.3% and SLV +14.9%.
Which is cheaper, IEFA or SLV?
IEFA is cheaper, by 0.43 percentage points a year. That is about $43 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, IEFA against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iefa-vs-slv

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