Data as of Oct 28, 2026.

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PFF vs SLV: Differences, Returns & Fees

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PFF is an equity index fund and SLV a commodity fund, and over the year to Oct 28, 2026, SLV returned +14.9% against −4.2%.

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Net assets: $11.8bn on Oct 27, 2026 for iShares Preferred and Income Securities ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.

At a glance
−4.2%
PFF total return, 1 year
+14.9%
SLV total return, 1 year
0.45%
PFF expense ratio
0.50%
SLV expense ratio

Pair scorecard

PFF costs 0.05 points a year less; their one-year returns differ by 19.1 points; SLV is 2.2 times larger.

PFF vs SLV: Differences, Returns & Fees
MeasurePFFSLV
Return
Total return, 1 year−4.2%+14.9%
Drawdown
Below its high7.1%, high on May 8, 202653.5%, high on Jan 28, 2026
Benchmark
What it tracksICE Exchange-Listed Preferred & Hybrid Securities IndexSilver
Cost and size
Expense ratio0.45%0.50%
Net assets, as of Oct 27, 2026$11.8bn$26.5bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund22.7%

Method

Side by side

PFF iShares Preferred and Income Securities ETF SLV iShares Silver Trust
Where it sits Bond ETF Commodity ETF
What it is Tracks an index of Preferred and Income Securities Holds silver
Total return, 1 year −4.2% +14.9%
Its benchmark over the same days +13.6% (MLRG) +15.0% (SIVR)
Gap to its benchmark −17.8 pts vs MLRG −0.1 pts vs SIVR
Expense ratio 0.45% 0.50%
Holdings 453 not counted
Net assets, PFF as of Oct 27, 2026 and SLV as of Oct 28, 2026 $11.8bn $26.9bn

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

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About each fund
PFF

PFF tracks an index of Preferred and Income Securities. Over the year to Oct 28, 2026 it returned −4.2% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.45% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 453 positions, with the top ten at 22.7%. It sat 7.1% below its high of May 8, 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, PFF or SLV?
In the year to Oct 28, 2026, with distributions reinvested, PFF returned −4.2% and SLV +14.9%.
Which is cheaper, PFF or SLV?
PFF is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
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ETFIQ, PFF against SLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/pff-vs-slv

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