Data as of Oct 28, 2026.

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IJR vs SLV: Differences, Returns & Fees

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IJR is an equity index fund and SLV a commodity fund, and over the year to Oct 28, 2026, IJR returned +17.5% against +14.9%.

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Net assets: $104.6bn on Oct 27, 2026 for iShares Core S&P Small-Cap ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.

At a glance
+17.5%
IJR total return, 1 year
+14.9%
SLV total return, 1 year
0.06%
IJR expense ratio
0.50%
SLV expense ratio

Pair scorecard

IJR costs 0.44 points a year less; their one-year returns differ by 2.6 points; IJR is 3.9 times larger.

IJR vs SLV: Differences, Returns & Fees
MeasureIJRSLV
Return
Total return, 1 year+17.5%+14.9%
Drawdown
Below its high6.8%, high on Aug 14, 202653.5%, high on Jan 28, 2026
Benchmark
What it tracksS&P SmallCap 600Silver
Cost and size
Expense ratio0.06%0.50%
Net assets, as of Oct 27, 2026$104.6bn$26.5bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund5.3%

Method

Side by side

IJR iShares Core S&P Small-Cap ETF SLV iShares Silver Trust
Where it sits Stock ETF Commodity ETF
What it is Tracks the S&P SmallCap 600 Holds silver
Total return, 1 year +17.5% +14.9%
Its benchmark over the same days +17.6% (SPSM) +15.0% (SIVR)
Gap to its benchmark −0.1 pts vs SPSM −0.1 pts vs SIVR
Expense ratio 0.06% 0.50%
Holdings 642 not counted
Net assets, IJR as of Oct 27, 2026 and SLV as of Oct 28, 2026 $104.6bn $26.9bn

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

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About each fund
IJR

IJR tracks the S&P SmallCap 600. Over the year to Oct 28, 2026 it returned +17.5% with distributions reinvested, against +17.6% for its benchmark, the S&P SmallCap 600. The prospectus expense ratio is 0.06% 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 642 positions, with the top ten at 5.3%. It sat 6.8% 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, IJR or SLV?
In the year to Oct 28, 2026, with distributions reinvested, IJR returned +17.5% and SLV +14.9%.
Which is cheaper, IJR or SLV?
IJR is cheaper, by 0.44 percentage points a year. That is about $44 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, IJR against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/ijr-vs-slv

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