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

In the year to Oct 28, 2026, with distributions reinvested, JAAA returned +4.7% and SLV +14.9%.

Which is cheaper, JAAA or SLV?

JAAA is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

JAAA vs SLV: Differences, Returns & Fees

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JAAA is an actively managed bond fund and SLV a commodity fund, and over the year to Oct 28, 2026, SLV returned +14.9% against +4.7%.

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Net assets on Oct 28, 2026: $32.5bn for Janus Henderson AAA CLO ETF and $26.9bn for iShares Silver Trust.

JAAA on its own →SLV on its own →

At a glance

+4.7%

JAAA total return, 1 year

+14.9%

SLV total return, 1 year

0.20%

JAAA expense ratio

0.50%

SLV expense ratio

Pair scorecard

JAAA costs 0.30 points a year less; their one-year returns differ by 10.2 points; JAAA is 1.2 times larger.

JAAA vs SLV: Differences, Returns & Fees
Measure	JAAA	SLV
Return
Measure	JAAA	SLV
Total return, 1 year	+4.7%	+14.9%
Drawdown
Measure	JAAA	SLV
Below its high		53.5%, high on Jan 28, 2026
Benchmark
Measure	JAAA	SLV
What it tracks	No index, actively managed	Silver
Cost and size
Measure	JAAA	SLV
Expense ratio	0.20%	0.50%
Net assets	$32.5bn	$26.9bn
Holdings
Measure	JAAA	SLV
Holdings in common	not published

Method

Side by side

JAAA Janus Henderson AAA CLO ETF SLV iShares Silver Trust

Where it sits Bond ETF Commodity ETF

Issuer Janus Henderson iShares

What it is Actively managed Holds silver

Total return, 1 year +4.7% +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 0.20% 0.50%

Holdings 598 not counted

Net assets $32.5bn $26.9bn

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

Alert

About each fund

JAAA

JAAA is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +4.7% with distributions reinvested. The prospectus expense ratio is 0.20% 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, JAAA or SLV?: In the year to Oct 28, 2026, with distributions reinvested, JAAA returned +4.7% and SLV +14.9%.
Which is cheaper, JAAA or SLV?: JAAA is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

GLDM vs JAAA IAU vs JAAA GLD vs JAAA JAAA vs SIVR SLV vs VBIL PFF vs SLV LQD vs SLV SLV vs VGSH

Where to next

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

Sources and dates

JAAA filings on SEC EDGAR ↗

JAAA prospectus with the expense ratio (SEC) ↗

Janus Henderson page for JAAA ↗

iShares page for SLV ↗

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

Cite this pageCitation, APA and Markdown

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

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