Data as of Oct 28, 2026.

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SLV vs XHB: Differences, Returns & Fees

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SLV is a commodity fund and XHB an equity index fund, and over the year to Oct 28, 2026, SLV returned +14.9% against −8.6%.

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Net assets: $26.9bn on Oct 28, 2026 for iShares Silver Trust, and $1.5bn on Oct 27, 2026 for State Street SPDR S&P Homebuilders ETF.

At a glance
+14.9%
SLV total return, 1 year
−8.6%
XHB total return, 1 year
0.50%
SLV expense ratio
0.35%
XHB expense ratio

Pair scorecard

XHB costs 0.15 points a year less; their one-year returns differ by 23.5 points; SLV is 17.7 times larger.

SLV vs XHB: Differences, Returns & Fees
MeasureSLVXHB
Return
Total return, 1 year+14.9%−8.6%
Drawdown
Below its high53.5%, high on Jan 28, 202620.5%, high on Oct 18, 2024
Benchmark
What it tracksSilverS&P Homebuilders Select Industry Index
Cost and size
Expense ratio0.50%0.35%
Net assets, as of Oct 27, 2026$26.5bn$1.5bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight46%
Top ten holdings, share of the fund35.4%

Method

Side by side

SLV iShares Silver Trust XHB State Street SPDR S&P Homebuilders ETF
Where it sits Commodity ETF Stock ETF
What it is Holds silver Tracks the S&P Homebuilders
Total return, 1 year +14.9% −8.6%
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% 0.35%
Holdings not counted 34
Net assets, SLV as of Oct 28, 2026 and XHB as of Oct 27, 2026 $26.9bn $1.5bn

SLV and XHB 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.

XHB

XHB tracks the S&P Homebuilders. Over the year to Oct 28, 2026 it returned −8.6% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 46% of the fund by weight is stocks the S&P 500 also holds, across 34 positions, with the top ten at 35.4%. It sat 20.5% below its high of Oct 18, 2024 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SLV or XHB?
In the year to Oct 28, 2026, with distributions reinvested, SLV returned +14.9% and XHB −8.6%.
Which is cheaper, SLV or XHB?
XHB is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's own filings.
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ETFIQ, SLV against XHB, data as of Oct 28, 2026. https://etfiq.com/compare/any/slv-vs-xhb

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