Data as of Oct 28, 2026.

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ONEQ vs SLV: Differences, Returns & Fees

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ONEQ is an equity index fund and SLV a commodity fund, and over the year to Oct 28, 2026, SLV returned +14.9% against +12.7%.

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Net assets: $10.9bn on Sep 30, 2026 for Fidelity Nasdaq Composite Index ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.

At a glance
+12.7%
ONEQ total return, 1 year
+14.9%
SLV total return, 1 year
0.21%
ONEQ expense ratio
0.50%
SLV expense ratio

Pair scorecard

ONEQ costs 0.29 points a year less; their one-year returns differ by 2.2 points; SLV is 2.8 times larger.

ONEQ vs SLV: Differences, Returns & Fees
MeasureONEQSLV
Return
Total return, 1 year+12.7%+14.9%
Drawdown
Below its high3.8%, high on Oct 6, 202653.5%, high on Jan 28, 2026
Benchmark
What it tracksNasdaq Composite IndexSilver
Cost and size
Expense ratio0.21%0.50%
Net assets, as of Sep 30, 2026$10.9bn$30.0bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight85%
Holdings datedAug 31, 2026
Top ten holdings, share of the fund56.0%

Method

Side by side

ONEQ Fidelity Nasdaq Composite Index ETF SLV iShares Silver Trust
Where it sits Stock ETF Commodity ETF
What it is Tracks the Nasdaq Composite Holds silver
Total return, 1 year +12.7% +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 0.21% 0.50%
Holdings 1026 not counted
Net assets, ONEQ as of Sep 30, 2026 and SLV as of Oct 28, 2026 $10.9bn $26.9bn

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

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About each fund
ONEQ

ONEQ tracks the Nasdaq Composite. Over the year to Oct 28, 2026 it returned +12.7% with distributions reinvested. The prospectus expense ratio is 0.21% a year. By its holdings filed for Aug 31, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 1,026 positions, with the top ten at 56.0%. It sat 3.8% below its high of Oct 6, 2026 on Oct 28, 2026.

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, ONEQ or SLV?
In the year to Oct 28, 2026, with distributions reinvested, ONEQ returned +12.7% and SLV +14.9%.
Which is cheaper, ONEQ or SLV?
ONEQ is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, ONEQ against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/oneq-vs-slv

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