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

In the year to Oct 28, 2026, with distributions reinvested, MBB returned −0.8% and SLV +14.9%.

Which is cheaper, MBB or SLV?

MBB is cheaper, by 0.46 percentage points a year. That is about $46 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

MBB vs SLV: Differences, Returns & Fees

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MBB is a bond index fund and SLV a commodity fund, and over the year to Oct 28, 2026, SLV returned +14.9% against −0.8%.

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Net assets on Oct 28, 2026: $35.5bn for iShares MBS ETF and $26.9bn for iShares Silver Trust.

MBB on its own →SLV on its own →

At a glance

−0.8%

MBB total return, 1 year

+14.9%

SLV total return, 1 year

0.04%

MBB expense ratio

0.50%

SLV expense ratio

Pair scorecard

MBB costs 0.46 points a year less; their one-year returns differ by 15.7 points; MBB is 1.3 times larger.

MBB vs SLV: Differences, Returns & Fees
Measure	MBB	SLV
Return
Measure	MBB	SLV
Total return, 1 year	−0.8%	+14.9%
Drawdown
Measure	MBB	SLV
Below its high		53.5%, high on Jan 28, 2026
Benchmark
Measure	MBB	SLV
What it tracks	Bloomberg U.S. MBS Index	Silver
Cost and size
Measure	MBB	SLV
Expense ratio	0.04%	0.50%
Net assets	$35.5bn	$26.9bn
Holdings
Measure	MBB	SLV
Holdings in common	not published

Method

Side by side

MBB iShares MBS ETF SLV iShares Silver Trust

Where it sits Bond ETF Commodity ETF

Issuer iShares iShares

What it is Tracks an index of mortgage-backed securities Holds silver

Total return, 1 year −0.8% +14.9%

Its benchmark over the same days −1.1% (SPMB) +15.0% (SIVR)

Gap to its benchmark +0.3 pts vs SPMB −0.1 pts vs SIVR

Expense ratio 0.04% 0.50%

Holdings 10813 not counted

Net assets $35.5bn $26.9bn

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

Alert

About each fund

MBB

MBB tracks an index of mortgage-backed securities. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.1% for its benchmark, the Bloomberg U.S. MBS Index. The prospectus expense ratio is 0.04% 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, MBB or SLV?: In the year to Oct 28, 2026, with distributions reinvested, MBB returned −0.8% and SLV +14.9%.
Which is cheaper, MBB or SLV?: MBB is cheaper, by 0.46 percentage points a year. That is about $46 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

IAU vs MBB GLD vs MBB MBB vs SIVR BWET vs MBB SLV vs TLT BIL vs SLV SHV vs SLV SLV vs VTIP

Where to next

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

Sources and dates

MBB filings on SEC EDGAR ↗

MBB prospectus with the expense ratio (SEC) ↗

iShares page for MBB ↗

iShares page for SLV ↗

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

Cite this pageCitation, APA and Markdown

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

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