Data as of Oct 28, 2026.
SLV vs VUG: Differences, Returns & Fees
SLV is a commodity fund and VUG an equity index fund, and over the year to Oct 28, 2026, SLV returned +14.9% against +6.6%.
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askIQ about SLV and VUGNet assets: $26.9bn on Oct 28, 2026 for iShares Silver Trust, and $232.9bn on Sep 30, 2026 for Vanguard Morningstar Growth ETF.
Pair scorecard
VUG costs 0.47 points a year less; their one-year returns differ by 8.3 points; VUG is 7.8 times larger.
| Measure | SLV | VUG |
|---|---|---|
| Return | ||
| Total return, 1 year | +14.9% | +6.6% |
| Drawdown | ||
| Below its high | 53.5%, high on Jan 28, 2026 | 4.1%, high on Oct 6, 2026 |
| Benchmark | ||
| What it tracks | Silver | Morningstar US Large Cap Growth Index |
| Cost and size | ||
| Expense ratio | 0.50% | 0.03% |
| Net assets, as of Sep 30, 2026 | $30.0bn | $232.9bn |
| Holdings | ||
| Holdings in common | not published | |
| In the S&P 500, by weight | 97% | |
| Top ten holdings, share of the fund | 63.1% | |
Side by side
SLV and VUG on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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.
VUG
VUG tracks an index of US growth. Over the year to Oct 28, 2026 it returned +6.6% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 137 positions, with the top ten at 63.1%. It sat 4.1% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, SLV or VUG?
- In the year to Oct 28, 2026, with distributions reinvested, SLV returned +14.9% and VUG +6.6%.
- Which is cheaper, SLV or VUG?
- VUG 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.
Links are sources, not endorsements. A comparison is not a recommendation.
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ETFIQ, SLV against VUG, data as of Oct 28, 2026. https://etfiq.com/compare/any/slv-vs-vug
ETFIQ. (Oct 28, 2026). SLV against VUG. Retrieved from https://etfiq.com/compare/any/slv-vs-vug
[SLV against VUG (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/slv-vs-vug)
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