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

In the year to Oct 28, 2026, with distributions reinvested, SLV returned +14.9% and XOP +62.5%.

Which is cheaper, SLV or XOP?

XOP 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.

Data as of Oct 28, 2026.

Across categories

SLV vs XOP: Differences, Returns & Fees

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SLV and XOP are both commodity funds, and over the year to Oct 28, 2026, XOP returned +62.5% against +14.9%.

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Net assets: $26.9bn on Oct 28, 2026 for iShares Silver Trust, and $4.6bn on Oct 27, 2026 for State Street SPDR S&P Oil & Gas Exploration & Production ETF.

SLV on its own →XOP on its own →

At a glance

+14.9%

SLV total return, 1 year

+62.5%

XOP total return, 1 year

0.50%

SLV expense ratio

0.35%

XOP expense ratio

Pair scorecard

XOP costs 0.15 points a year less; their one-year returns differ by 47.6 points; SLV is 5.8 times larger.

SLV vs XOP: Differences, Returns & Fees
Measure	SLV	XOP
Return
Measure	SLV	XOP
Total return, 1 year	+14.9%	+62.5%
Drawdown
Measure	SLV	XOP
Below its high	53.5%, high on Jan 28, 2026	24.8%, high on Jun 23, 2014
Benchmark
Measure	SLV	XOP
What it tracks	Silver	S&P Oil & Gas Exploration & Production Select Industry Index
Cost and size
Measure	SLV	XOP
Expense ratio	0.50%	0.35%
Net assets, as of Oct 27, 2026	$26.5bn	$4.6bn
Holdings
Measure	SLV	XOP
Holdings in common	not published

Method

Side by side

SLV iShares Silver Trust XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF

Where it sits Commodity ETF Stock ETF

Issuer iShares State Street

What it is Holds silver Tracks the S&P Oil & Gas Exploration & Production

Total return, 1 year +14.9% +62.5%

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 52

Net assets, SLV as of Oct 28, 2026 and XOP as of Oct 27, 2026 $26.9bn $4.6bn

SLV and XOP 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.

XOP

XOP tracks the S&P Oil & Gas Exploration & Production. Over the year to Oct 28, 2026 it returned +62.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. It sat 24.8% below its high of Jun 23, 2014 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SLV or XOP?: In the year to Oct 28, 2026, with distributions reinvested, SLV returned +14.9% and XOP +62.5%.
Which is cheaper, SLV or XOP?: XOP 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.

Other comparisons

SLV vs VDE IYE vs SLV SLV vs XLE KRE vs SLV GLD vs XOP BWET vs XOP GLDM vs XOP IAU vs XOP

Where to next

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

Sources and dates

iShares page for SLV ↗

XOP filings on SEC EDGAR ↗

XOP 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 XOP, data as of Oct 28, 2026. https://etfiq.com/compare/any/slv-vs-xop

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