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SLV

iShares Silver Trust

Physical silver ETF. Holds silver bullion in vaults. More volatile than gold (GLD). Used as both precious metals hedge and industrial demand play.

CommodityTER 0.50%Acc.
TER
0.50%
AUM
$12B
CAGR
8.7%
Volatility
32.0%
Sharpe
0.18
Max Drawdown
-72.2%
Data Range
2006-04 → 2026-04

Performance Analysis

Maximum Drawdown History

How far the ETF has fallen from its all-time high at each point. Deeper = more painful.

Current DD-13.4%
Worst DD-72.2%
Worst date2020-03

Rolling Returns

Annualized returns over rolling windows. Shows the range of outcomes depending on when you invested.

Avg return6.4%
Best64.1%
Worst-26.7%
% positive63%
205 periods

Key Facts

ISIN
US46428Q1094
Issuer
BlackRock
Benchmark
LBMA Silver Price
Total Expense Ratio (TER)
0.50%
Assets Under Management
$12B approx.
Inception Date
2006-04-21
Domicile
United States
Legal Structure
Grantor Trust
Dividend Policy
Accumulating (auto-reinvests)
Replication Method
Physical (Full Replication)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
NYSE Arca
Number of Holdings
~1
Backtest this ETFOfficial Fund Page

Who Is This ETF For?

Investors preferring automatic dividend reinvestment (no tax event on distributions in many jurisdictions).

Key Risks to Consider

No cash flows or dividends — returns depend entirely on price appreciation.

Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).

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Data & Methodology

Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.

Data source: Yahoo Finance (adjusted close), BlackRock (metadata)Last verified: 2026-04-17

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GLD

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TER 0.40%$75B AUM
IAU

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TER 0.25%$30B AUM
GLDM

SPDR Gold MiniShares Trust

TER 0.10%$9B AUM
PDBC

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF

TER 0.59%$5B AUM

Alternative Approaches

DBC

Invesco DB Commodity Index Tracking Fund

TER 0.85%$3B AUM
SGOL

Aberdeen Physical Gold Shares ETF

TER 0.17%$3B AUM
FTGC

First Trust Global Tactical Commodity Strategy Fund

TER 0.95%$3B AUM
USO

United States Oil Fund

TER 0.60%$1.5B AUM

💬 Frequently Asked Questions

Physical silver ETF. Holds silver bullion in vaults. More volatile than gold (GLD). Used as both precious metals hedge and industrial demand play.
SLV has a total expense ratio (TER) of 0.50%, which means you pay $50 per year for every $10,000 invested.
SLV is an accumulating ETF — dividends are automatically reinvested into the fund rather than paid out, which can be more tax-efficient in many jurisdictions.
SLV is a US-domiciled ETF (not UCITS). Non-US investors should consider the US estate tax implications (40% on US assets above $60,000) and the 30% dividend withholding tax (reduced by treaty in some countries).
SLV uses full physical replication, meaning it holds all (or nearly all) securities in the LBMA Silver Price index directly.