Data as of Oct 28, 2026.

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SIVR vs USFR: Differences, Returns & Fees

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SIVR is a commodity fund and USFR a bond index fund, and over the year to Oct 28, 2026, SIVR returned +15.0% against +4.1%.

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Net assets: $3.7bn on Oct 28, 2026 for abrdn Physical Silver Shares ETF, and $17.0bn on May 31, 2026 for WisdomTree Floating Rate Treasury Fund.

At a glance
+15.0%
SIVR total return, 1 year
+4.1%
USFR total return, 1 year
0.30%
SIVR expense ratio
0.15%
USFR expense ratio

Pair scorecard

USFR costs 0.15 points a year less; their one-year returns differ by 10.9 points.

SIVR vs USFR: Differences, Returns & Fees
MeasureSIVRUSFR
Return
Total return, 1 year+15.0%+4.1%
Drawdown
Below its high53.5%, high on Jan 28, 2026
Benchmark
What it tracksSilverBloomberg U.S. Treasury Floating Rate Bond Index
Cost and size
Expense ratio0.30%0.15%
Net assets, SIVR as of Oct 28, 2026 and USFR as of May 31, 2026$3.7bn$17.0bn
Holdings
Holdings in commonnot published

Method

Side by side

SIVR abrdn Physical Silver Shares ETF USFR WisdomTree Floating Rate Treasury Fund
Where it sits Commodity ETF Bond ETF
What it is Holds silver Tracks an index of Floating Rate Treasury
Total return, 1 year +15.0% +4.1%
Its benchmark over the same days +14.9% (SLV) +4.0% (TFLO)
Gap to its benchmark +0.1 pts vs SLV +0.1 pts vs TFLO
Expense ratio 0.30% 0.15%
Holdings not counted 4
Net assets, SIVR as of Oct 28, 2026 and USFR as of May 31, 2026 $3.7bn $17.0bn

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

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About each fund
SIVR

Its expense ratio is 0.30% a year, for the three months to Jun 30, 2026, as its 10-Q states.

SIVR holds silver. Over the year to Oct 28, 2026 it returned +15.0% with distributions reinvested, against +14.9% for its benchmark, the price of silver. It sat 53.5% below its high of Jan 28, 2026 on Oct 28, 2026.

USFR

USFR tracks an index of Floating Rate Treasury. Over the year to Oct 28, 2026 it returned +4.1% with distributions reinvested, against +4.0% for its benchmark, the Bloomberg U.S. Treasury Floating Rate Bond Index. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, SIVR or USFR?
In the year to Oct 28, 2026, with distributions reinvested, SIVR returned +15.0% and USFR +4.1%.
Which is cheaper, SIVR or USFR?
USFR is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
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ETFIQ, SIVR against USFR, data as of Oct 28, 2026. https://etfiq.com/compare/any/sivr-vs-usfr

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