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

In the year to Oct 28, 2026, with distributions reinvested, SLV returned +14.9% and USHY +1.7%.

Which is cheaper, SLV or USHY?

USHY is cheaper, by 0.42 percentage points a year. That is about $42 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

SLV vs USHY: Differences, Returns & Fees

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SLV is a commodity fund and USHY a bond index fund, and over the year to Oct 28, 2026, SLV returned +14.9% against +1.7%.

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Net assets: $26.9bn on Oct 28, 2026 for iShares Silver Trust, and $26.3bn on Oct 27, 2026 for iShares Broad USD High Yield Corporate Bond ETF.

SLV on its own →USHY on its own →

At a glance

+14.9%

SLV total return, 1 year

+1.7%

USHY total return, 1 year

0.50%

SLV expense ratio

0.08%

USHY expense ratio

Pair scorecard

USHY costs 0.42 points a year less; their one-year returns differ by 13.2 points.

SLV vs USHY: Differences, Returns & Fees
Measure	SLV	USHY
Return
Measure	SLV	USHY
Total return, 1 year	+14.9%	+1.7%
Drawdown
Measure	SLV	USHY
Below its high	53.5%, high on Jan 28, 2026
Benchmark
Measure	SLV	USHY
What it tracks	Silver	ICE BofA US High Yield Constrained Index
Cost and size
Measure	SLV	USHY
Expense ratio	0.50%	0.08%
Net assets, as of Oct 27, 2026	$26.5bn	$26.3bn
Holdings
Measure	SLV	USHY
Holdings in common	not published

Method

Side by side

SLV iShares Silver Trust USHY iShares Broad USD High Yield Corporate Bond ETF

Where it sits Commodity ETF Bond ETF

Issuer iShares iShares

What it is Holds silver Tracks an index of Broad USD High Yield Corporate Bond

Total return, 1 year +14.9% +1.7%

Its benchmark over the same days +15.0% (SIVR) +1.8% (SPHY)

Gap to its benchmark −0.1 pts vs SIVR −0.1 pts vs SPHY

Expense ratio 0.50% 0.08%

Holdings not counted 1900

Net assets, SLV as of Oct 28, 2026 and USHY as of Oct 27, 2026 $26.9bn $26.3bn

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

Alert

About each fund

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.

USHY

USHY tracks an index of Broad USD High Yield Corporate Bond. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the ICE BofA US High Yield Constrained Index, measured by the closely related ICE BofA US High Yield Index. The prospectus expense ratio is 0.08% a year.

Questions people ask

Which returned more over the last year, SLV or USHY?: In the year to Oct 28, 2026, with distributions reinvested, SLV returned +14.9% and USHY +1.7%.
Which is cheaper, SLV or USHY?: USHY is cheaper, by 0.42 percentage points a year. That is about $42 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

JNK vs SLV HYG vs SLV SLV vs VTIP SLV vs VGSH GLDM vs USHY IAU vs USHY GLD vs USHY USHY vs USO

Where to next

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

Sources and dates

iShares page for SLV ↗

USHY filings on SEC EDGAR ↗

USHY prospectus with the expense ratio (SEC) ↗

iShares page for USHY ↗

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

Cite this pageCitation, APA and Markdown

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

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