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

In the year to Oct 28, 2026, with distributions reinvested, SGOV returned +3.7% and SLV +14.9%.

Which is cheaper, SGOV or SLV?

SGOV is cheaper, by 0.41 percentage points a year. That is about $41 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

SGOV vs SLV: Differences, Returns & Fees

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SGOV is a short-term Treasury fund and SLV a commodity fund, and over the year to Oct 28, 2026, SLV returned +14.9% against +3.7%.

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Net assets: $117.0bn on Oct 27, 2026 for iShares 0-3 Month Treasury Bond ETF, and $26.9bn on Oct 28, 2026 for iShares Silver Trust.

SGOV on its own →SLV on its own →

At a glance

+3.7%

SGOV total return, 1 year

+14.9%

SLV total return, 1 year

0.09%

SGOV expense ratio

0.50%

SLV expense ratio

Pair scorecard

SGOV costs 0.41 points a year less; their one-year returns differ by 11.2 points; SGOV is 4.4 times larger.

SGOV vs SLV: Differences, Returns & Fees
Measure	SGOV	SLV
Return
Measure	SGOV	SLV
Total return, 1 year	+3.7%	+14.9%
Drawdown
Measure	SGOV	SLV
Below its high		53.5%, high on Jan 28, 2026
Benchmark
Measure	SGOV	SLV
What it tracks	ICE 0-3 Month US Treasury Securities Index	Silver
Cost and size
Measure	SGOV	SLV
Expense ratio	0.09%	0.50%
Net assets, as of Oct 27, 2026	$117.0bn	$26.5bn
Holdings
Measure	SGOV	SLV
Holdings in common	not published

Method

Side by side

SGOV iShares 0-3 Month Treasury Bond ETF SLV iShares Silver Trust

Where it sits Bond ETF Commodity ETF

Issuer iShares iShares

What it is Tracks an index of 0-3 month T-bills Holds silver

Total return, 1 year +3.7% +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 0.09% 0.50%

Holdings 22 not counted

Net assets, SGOV as of Oct 27, 2026 and SLV as of Oct 28, 2026 $117.0bn $26.9bn

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

Alert

About each fund

SGOV

SGOV tracks an index of 0-3 month T-bills. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.09% 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, SGOV or SLV?: In the year to Oct 28, 2026, with distributions reinvested, SGOV returned +3.7% and SLV +14.9%.
Which is cheaper, SGOV or SLV?: SGOV is cheaper, by 0.41 percentage points a year. That is about $41 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

GLD vs SGOV GLDM vs SGOV IAU vs SGOV SGOV vs SIVR BIL vs SLV SHV vs SLV SLV vs USFR BOXX vs SLV

Where to next

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

Sources and dates

SGOV filings on SEC EDGAR ↗

SGOV prospectus with the expense ratio (SEC) ↗

iShares page for SGOV ↗

iShares page for SLV ↗

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

Cite this pageCitation, APA and Markdown

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

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