Data as of Oct 28, 2026.

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SLV vs VEA: Differences, Returns & Fees

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SLV is a commodity fund and VEA an equity index fund, and over the year to Oct 28, 2026, VEA returned +17.1% against +14.9%.

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Net assets: $26.9bn on Oct 28, 2026 for iShares Silver Trust, and $231.6bn on Sep 30, 2026 for Vanguard FTSE Developed Markets ETF.

At a glance
+14.9%
SLV total return, 1 year
+17.1%
VEA total return, 1 year
0.50%
SLV expense ratio
0.03%
VEA expense ratio

Pair scorecard

VEA costs 0.47 points a year less; their one-year returns differ by 2.2 points; VEA is 7.7 times larger.

SLV vs VEA: Differences, Returns & Fees
MeasureSLVVEA
Return
Total return, 1 year+14.9%+17.1%
Drawdown
Below its high53.5%, high on Jan 28, 20264.4%, high on Aug 25, 2026
Benchmark
What it tracksSilverFTSE Developed All Cap ex US Index
Cost and size
Expense ratio0.50%0.03%
Net assets, as of Sep 30, 2026$30.0bn$231.6bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund13.6%

Method

Side by side

SLV iShares Silver Trust VEA Vanguard FTSE Developed Markets ETF
Where it sits Commodity ETF Stock ETF
What it is Holds silver Tracks an index of Developed markets ex US
Total return, 1 year +14.9% +17.1%
Its benchmark over the same days +15.0% (SIVR) not measured
Gap to its benchmark −0.1 pts vs SIVR not measured
Expense ratio 0.50% 0.03%
Holdings not counted 3906
Net assets, SLV as of Oct 28, 2026 and VEA as of Sep 30, 2026 $26.9bn $231.6bn

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

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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.

VEA

VEA tracks an index of Developed markets ex US. Over the year to Oct 28, 2026 it returned +17.1% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 3,906 positions, with the top ten at 13.6%. It sat 4.4% below its high of Aug 25, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SLV or VEA?
In the year to Oct 28, 2026, with distributions reinvested, SLV returned +14.9% and VEA +17.1%.
Which is cheaper, SLV or VEA?
VEA is cheaper, by 0.47 percentage points a year. That is about $47 on $10,000 held for a year. Fees come from each fund's own filings.
Other comparisons
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ETFIQ, SLV against VEA, data as of Oct 28, 2026. https://etfiq.com/compare/any/slv-vs-vea

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