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

In the year to Oct 28, 2026, with distributions reinvested, SLV returned +14.9% and VTEB −0.4%.

Which is cheaper, SLV or VTEB?

VTEB 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.

Data as of Oct 28, 2026.

Across categories

SLV vs VTEB: Differences, Returns & Fees

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SLV is a commodity fund and VTEB a bond index fund, and over the year to Oct 28, 2026, SLV returned +14.9% against −0.4%.

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Net assets: $26.9bn on Oct 28, 2026 for iShares Silver Trust, and $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

SLV on its own →VTEB on its own →

At a glance

+14.9%

SLV total return, 1 year

−0.4%

VTEB total return, 1 year

0.50%

SLV expense ratio

0.03%

VTEB expense ratio

Pair scorecard

VTEB costs 0.47 points a year less; their one-year returns differ by 15.3 points; VTEB is 1.7 times larger.

SLV vs VTEB: Differences, Returns & Fees
Measure	SLV	VTEB
Return
Measure	SLV	VTEB
Total return, 1 year	+14.9%	−0.4%
Drawdown
Measure	SLV	VTEB
Below its high	53.5%, high on Jan 28, 2026
Benchmark
Measure	SLV	VTEB
What it tracks	Silver	S&P National AMT-Free Municipal Bond Index
Cost and size
Measure	SLV	VTEB
Expense ratio	0.50%	0.03%
Net assets, as of Sep 30, 2026	$30.0bn	$49.6bn
Holdings
Measure	SLV	VTEB
Holdings in common	not published

Method

Side by side

SLV iShares Silver Trust VTEB Vanguard Tax-Exempt Bond ETF

Where it sits Commodity ETF Bond ETF

Issuer iShares Vanguard

What it is Holds silver Tracks an index of Tax-Exempt Bond

Total return, 1 year +14.9% −0.4%

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 11155

Net assets, SLV as of Oct 28, 2026 and VTEB as of Sep 30, 2026 $26.9bn $49.6bn

SLV and VTEB 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.

VTEB

VTEB tracks an index of Tax-Exempt Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, SLV or VTEB?: In the year to Oct 28, 2026, with distributions reinvested, SLV returned +14.9% and VTEB −0.4%.
Which is cheaper, SLV or VTEB?: VTEB 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

MUB vs SLV HYMB vs SLV IUSB vs SLV BSV vs SLV GLD vs VTEB BWET vs VTEB GLDM vs VTEB IAU vs VTEB

Where to next

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

Sources and dates

iShares page for SLV ↗

VTEB filings on SEC EDGAR ↗

VTEB prospectus with the expense ratio (SEC) ↗

Vanguard page for VTEB ↗

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

Cite this pageCitation, APA and Markdown

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

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.