Data as of Oct 28, 2026.

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IWD vs SLV: Differences, Returns & Fees

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IWD is an equity index fund and SLV a commodity fund, and over the year to Oct 28, 2026, IWD returned +27.5% against +14.9%.

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Net assets: $83.0bn on Oct 27, 2026 for iShares Russell 1000 Value ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.

At a glance
+27.5%
IWD total return, 1 year
+14.9%
SLV total return, 1 year
0.18%
IWD expense ratio
0.50%
SLV expense ratio

Pair scorecard

IWD costs 0.32 points a year less; their one-year returns differ by 12.6 points; IWD is 3.1 times larger.

IWD vs SLV: Differences, Returns & Fees
MeasureIWDSLV
Return
Total return, 1 year+27.5%+14.9%
Drawdown
Below its high53.5%, high on Jan 28, 2026
Benchmark
What it tracksRussell 1000 Value IndexSilver
Cost and size
Expense ratio0.18%0.50%
Net assets, as of Oct 27, 2026$83.0bn$26.5bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight90%
Top ten holdings, share of the fund29.6%

Method

Side by side

IWD iShares Russell 1000 Value ETF SLV iShares Silver Trust
Where it sits Stock ETF Commodity ETF
What it is Tracks the Russell 1000 value Holds silver
Total return, 1 year +27.5% +14.9%
Its benchmark over the same days +27.7% (VONV) +15.0% (SIVR)
Gap to its benchmark −0.2 pts vs VONV −0.1 pts vs SIVR
Expense ratio 0.18% 0.50%
Holdings 871 not counted
Net assets, IWD as of Oct 27, 2026 and SLV as of Oct 28, 2026 $83.0bn $26.9bn

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

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About each fund
IWD

IWD tracks the Russell 1000 value. Over the year to Oct 28, 2026 it returned +27.5% with distributions reinvested, against +27.7% for its benchmark, the Russell 1000 Value Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 871 positions, with the top ten at 29.6%.

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, IWD or SLV?
In the year to Oct 28, 2026, with distributions reinvested, IWD returned +27.5% and SLV +14.9%.
Which is cheaper, IWD or SLV?
IWD is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, IWD against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwd-vs-slv

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