Data as of Oct 28, 2026.
IWD vs SLV: Differences, Returns & Fees
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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askIQ about IWD and SLVNet assets: $83.0bn on Oct 27, 2026 for iShares Russell 1000 Value ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.
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.
| Measure | IWD | SLV |
|---|---|---|
| Return | ||
| Total return, 1 year | +27.5% | +14.9% |
| Drawdown | ||
| Below its high | 53.5%, high on Jan 28, 2026 | |
| Benchmark | ||
| What it tracks | Russell 1000 Value Index | Silver |
| Cost and size | ||
| Expense ratio | 0.18% | 0.50% |
| Net assets, as of Oct 27, 2026 | $83.0bn | $26.5bn |
| Holdings | ||
| Holdings in common | not published | |
| In the S&P 500, by weight | 90% | |
| Top ten holdings, share of the fund | 29.6% | |
Side by side
IWD and SLV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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%.
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
ETFIQ. (Oct 28, 2026). IWD against SLV. Retrieved from https://etfiq.com/compare/any/iwd-vs-slv
[IWD against SLV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/iwd-vs-slv)
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