Which returned more over the last year, IUSB or SLV?

In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and SLV +14.9%.

Which is cheaper, IUSB or SLV?

IUSB 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.

Data as of Oct 28, 2026.

Across categories

IUSB vs SLV: Differences, Returns & Fees

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IUSB is a bond index fund and SLV a commodity fund, and over the year to Oct 28, 2026, SLV returned +14.9% against −1.2%.

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Net assets: $49.8bn on Oct 27, 2026 for iShares Core Universal USD Bond ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.

IUSB on its own →SLV on its own →

At a glance

−1.2%

IUSB total return, 1 year

+14.9%

SLV total return, 1 year

0.06%

IUSB expense ratio

0.50%

SLV expense ratio

Pair scorecard

IUSB costs 0.44 points a year less; their one-year returns differ by 16.1 points; IUSB is 1.9 times larger.

IUSB vs SLV: Differences, Returns & Fees
Measure	IUSB	SLV
Return
Measure	IUSB	SLV
Total return, 1 year	−1.2%	+14.9%
Drawdown
Measure	IUSB	SLV
Below its high		53.5%, high on Jan 28, 2026
Benchmark
Measure	IUSB	SLV
What it tracks	Bloomberg U.S. Universal Index	Silver
Cost and size
Measure	IUSB	SLV
Expense ratio	0.06%	0.50%
Net assets, as of Oct 27, 2026	$49.8bn	$26.5bn
Holdings
Measure	IUSB	SLV
Holdings in common	not published

Method

Side by side

IUSB iShares Core Universal USD Bond ETF SLV iShares Silver Trust

Where it sits Bond ETF Commodity ETF

Issuer iShares iShares

What it is Tracks an index of Universal USD Bond Holds silver

Total return, 1 year −1.2% +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 0.06% 0.50%

Holdings 18338 not counted

Net assets, IUSB as of Oct 27, 2026 and SLV as of Oct 28, 2026 $49.8bn $26.9bn

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

Alert

About each fund

IUSB

IUSB tracks an index of Universal USD Bond. Over the year to Oct 28, 2026 it returned −1.2% with distributions reinvested. The prospectus expense ratio is 0.06% a year.

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, IUSB or SLV?: In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and SLV +14.9%.
Which is cheaper, IUSB or SLV?: IUSB 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.

Other comparisons

GLDM vs IUSB GLD vs IUSB IUSB vs SIVR BWET vs IUSB BOND vs SLV SGOV vs SLV SLV vs TIP BOXX vs SLV

Where to next

IUSB on its own →SLV on its own →Hold both: look the portfolio through →Rankings →IUSB dividend history →IUSB holdings →Standards and sources →

Sources and dates

IUSB filings on SEC EDGAR ↗

IUSB prospectus with the expense ratio (SEC) ↗

iShares page for IUSB ↗

iShares page for SLV ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, IUSB against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iusb-vs-slv

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