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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

SIVR vs USMV: how they differ

SIVR is a commodity fund and USMV an equity index fund, and over the year SIVR returned more, +54.2% against +6.6%.

abrdn Physical Silver Shares ETF and iShares MSCI USA Min Vol Factor ETF.

SIVR and USMV on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
SIVR
abrdn Physical Silver Shares ETF
USMV
iShares MSCI USA Min Vol Factor ETF
Where it sitsCore index fundCore index fund
IssuerabrdniShares
What it isPhysical SilverMSCI USA Min Vol Factor
Total return, 1 year+54.2%+6.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+36.7 pts−10.9 pts
Expense ratio0.45%0.15%
Holdingsnot filed175

SIVR in plain words

SIVR is a commodity fund tracking the Physical Silver. Over the year to Sep 11, 2026 it returned +54.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.45% a year. It sat 44.9% below its high of Jan 28, 2026 on Sep 11, 2026.

USMV in plain words

USMV is an index equity fund tracking the MSCI USA Min Vol Factor. Over the year to Sep 11, 2026 it returned +6.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 175 positions, with the top ten at 15.1%.

Questions people ask

Which returned more over the last year, SIVR or USMV?
In the year to Sep 13, 2026, with distributions reinvested, SIVR returned +54.2% and USMV returned +6.6%, so SIVR returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SIVR or USMV?
SIVR charges 0.45% a year and USMV charges 0.15%, so USMV is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

SIVR against USMV, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SIVR against USMV, data as of Sep 13, 2026. https://etfiq.com/compare/any/sivr-vs-usmv Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources