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

In the year to Oct 28, 2026, with distributions reinvested, SLV returned +14.9% and XLP +13.8%.

Which is cheaper, SLV or XLP?

XLP 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 XLP: Differences, Returns & Fees

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SLV is a commodity fund and XLP an equity index fund, and over the year to Oct 28, 2026, SLV returned +14.9% against +13.8%.

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Net assets: $26.9bn on Oct 28, 2026 for iShares Silver Trust, and $14.6bn on Oct 27, 2026 for State Street Consumer Staples Select Sector SPDR ETF.

SLV on its own →XLP on its own →

At a glance

+14.9%

SLV total return, 1 year

+13.8%

XLP total return, 1 year

0.50%

SLV expense ratio

0.08%

XLP expense ratio

Pair scorecard

XLP costs 0.42 points a year less; their one-year returns differ by 1.1 points; SLV is 1.8 times larger.

SLV vs XLP: Differences, Returns & Fees
Measure	SLV	XLP
Return
Measure	SLV	XLP
Total return, 1 year	+14.9%	+13.8%
Drawdown
Measure	SLV	XLP
Below its high	53.5%, high on Jan 28, 2026	3.5%, high on Oct 22, 2026
Benchmark
Measure	SLV	XLP
What it tracks	Silver	Consumer Staples Select Sector Index
Cost and size
Measure	SLV	XLP
Expense ratio	0.50%	0.08%
Net assets, as of Oct 27, 2026	$26.5bn	$14.6bn
Holdings
Measure	SLV	XLP
Holdings in common	not published
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		62.9%

Method

Side by side

SLV iShares Silver Trust XLP State Street Consumer Staples Select Sector SPDR ETF

Where it sits Commodity ETF Stock ETF

Issuer iShares State Street

What it is Holds silver Tracks an index of Consumer staples

Total return, 1 year +14.9% +13.8%

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% 0.08%

Holdings not counted 36

Net assets, SLV as of Oct 28, 2026 and XLP as of Oct 27, 2026 $26.9bn $14.6bn

SLV and XLP 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.

XLP

XLP tracks an index of Consumer staples. Over the year to Oct 28, 2026 it returned +13.8% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 36 positions, with the top ten at 62.9%. It sat 3.5% below its high of Oct 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SLV or XLP?: In the year to Oct 28, 2026, with distributions reinvested, SLV returned +14.9% and XLP +13.8%.
Which is cheaper, SLV or XLP?: XLP 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

SLV vs VDC SLV vs XRT SCHH vs SLV SLV vs VHT GLDM vs XLP GLD vs XLP BWET vs XLP IAU vs XLP

Where to next

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

Sources and dates

iShares page for SLV ↗

XLP filings on SEC EDGAR ↗

XLP prospectus with the expense ratio (SEC) ↗

State Street website ↗

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

Cite this pageCitation, APA and Markdown

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

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