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Launched · SEC filings

iShares Silver Trust

SLVNYSE ArcaiSharesB

$45.57+0.97 (+2.17%)

At close: Nov 2, 2026, 4:00 PM ET

B69/ 100

Rank 2 of 9 in Physical Commodities

B69/100Rank 2 of 9inPhysical Commodities
Intraday session: up, 79 prints from 44.60 to 45.57. Range 45.51 to 46.09. Use the arrow keys to read each point.45.0045.2545.7546.0010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$25.2B
1Y total return
+1.3%
Yield · Last 12 months
No data
Holdings
1
Avg volume · 30D
16.3M sh
52W range
low $42.51high $109.83
Launched
Filings
SEC EDGAR

The ETF.net SLV Grade

Based on 5 of 6 pillars

B

Score 69 out of 100

Category
Physical Commodities⁠
Rank
2 of 9
Six-pillar profile for SLV. Scores out of 100: Cost 67, Risk 37, Mission 89, Tradability 71, Holdings not scored, Durability 84. Strongest: Mission (89). Weakest: Risk (37). Based on 5 of 6 pillars.

Score 69 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B67 out of 100
    Rank 3 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A89 out of 100
    Rank 4 of 7

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D37 out of 100
    Rank 7 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A71 out of 100
    Rank 1 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A84 out of 100
    Rank 1 of 9

Our read on SLV

ETF.net Research

In short

BSilver, unbundled: real bars sitting with a custodian, a share price that shadows the LBMA Silver Price less a 0.50% fee. Trading since 2006 and one of the busiest commodity funds on the tape, it's the default way people put silver in a brokerage account.

Stated mandate

The Trust seeks to reflect the performance of silver prices before its expenses and liabilities. Its assets consist primarily of silver held by a custodian.

Why people hold it

  • The deep end of the silver pool: running since 2006, a multi-billion-dollar trust, and very actively traded, which is what keeps spreads tight and the options market busy.
  • Metal, not machinery. Assets are physical silver held by a custodian and priced off the LBMA Silver Price. No futures roll, no miner earnings, no swap counterparty.sec.gov
  • 0.50% a year, under the typical physical-metal trust, and the design is about as plain as it gets: bullion price minus expenses, tracked closely.

Worth knowing

  • SIVR runs the same physical-silver idea for 0.30%. The extra fee here buys size and trading depth, not different metal.
  • No income. Bullion pays nothing, and the trustee sells silver to cover expenses, so the metal behind each share slowly shrinks.sec.gov
  • One metal, one price. Nothing inside the trust cushions a silver drawdown, and silver is a jumpy market by nature.

SLV Holdings

Asset class
Other
Holdings
1
Top-10 weight
100%
Largest holding
Physical Silver100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataPhysical Silver100.00%0$25.2B2

Showing 1–1 of 1 holdings

SLV Performance

Launched Apr 21, 2006

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

SLV$10,134
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. SLV $10,134. SPY $11,199. Use the arrow keys to read each point.$10,000$15,000$20,000$25,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SLV. Periods over one year show the average yearly return.
PeriodSLV
Year to date−30.8%
1 month−18.2%
3 months−14.8%
1 year+1.3%
3 yearsper year+28.6%
5 yearsper year+15.1%
10 yearsper year+10.1%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SLV
YearReturn barSLV
2026 YTD−30.8%
2025+144.7%
2024+20.9%
2023−1.1%
2022+2.4%
2021−12.5%
2020+47.3%

SLV in the news

SLV Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

SLV Risk

Risk pillarD37 out of 100Rank 7 of 9 in Physical Commodities
How much the fund’s monthly returns vary, scaled to a year.
37.0%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.75
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−57.8%
Trough Oct 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.26
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

SLV Cost

Compare SLV and SIVR

Overpaying vs SIVR, cheapest in Physical Commodities

$3,830

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SLV 0.50%

    $9,979

  • SIVR 0.30% Cheapest

    $6,149

$10,000
30 years

Cost over time

  • SLV 0.50%
  • SIVR 0.30%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530SLV $9,979SIVR $6,149

Year by year

YearSLVSIVROverpaying
10$900$545$355
20$3,460$2,113$1,347
30$9,979$6,149$3,830

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