Data as of Oct 28, 2026.
IWF vs SLV: Differences, Returns & Fees
IWF is an equity index fund and SLV a commodity fund, and over the year to Oct 28, 2026, SLV returned +14.9% against +0.9%.
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askIQ about IWF and SLVNet assets: $124.7bn on Oct 27, 2026 for iShares Russell 1000 Growth ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.
Pair scorecard
IWF costs 0.32 points a year less; their one-year returns differ by 14.0 points; IWF is 4.7 times larger.
| Measure | IWF | SLV |
|---|---|---|
| Return | ||
| Total return, 1 year | +0.9% | +14.9% |
| Drawdown | ||
| Below its high | 4.8%, high on Oct 6, 2026 | 53.5%, high on Jan 28, 2026 |
| Benchmark | ||
| What it tracks | Russell 1000 Growth Index | Silver |
| Cost and size | ||
| Expense ratio | 0.18% | 0.50% |
| Net assets, as of Oct 27, 2026 | $124.7bn | $26.5bn |
| Holdings | ||
| Holdings in common | not published | |
| In the S&P 500, by weight | 94% | |
| Top ten holdings, share of the fund | 57.5% | |
Side by side
IWF and SLV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
IWF
IWF tracks the Russell 1000 growth. Over the year to Oct 28, 2026 it returned +0.9% with distributions reinvested, against +1.1% for its benchmark, the Russell 1000 Growth Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 374 positions, with the top ten at 57.5%. It sat 4.8% below its high of Oct 6, 2026 on Oct 28, 2026.
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, IWF or SLV?
- In the year to Oct 28, 2026, with distributions reinvested, IWF returned +0.9% and SLV +14.9%.
- Which is cheaper, IWF or SLV?
- IWF 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, IWF against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iwf-vs-slv
ETFIQ. (Oct 28, 2026). IWF against SLV. Retrieved from https://etfiq.com/compare/any/iwf-vs-slv
[IWF against SLV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/iwf-vs-slv)
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