iShares Silver Trust (SLV) Alternatives

iShares Silver Trust (SLV) belongs to the Precious Metals category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SLV. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to SLV

SLV charges 0.50% annually. Among ETFs in the Precious Metals category, these options have the lowest expense ratios among SLV alternatives.

Symbol	Name	Expense Ratio	Inception
IAUM	iShares Gold Trust Micro	0.09%	Jun 15, 2021	SLV vs IAUM
GLDM	SPDR Gold MiniShares Trust	0.10%	Jun 25, 2018	SLV vs GLDM
FGDL	Franklin Responsibly Sourced Gold ETF	0.15%	Jun 30, 2022	SLV vs FGDL
BAR	GraniteShares Gold Trust	0.17%	Aug 31, 2017	SLV vs BAR
SGOL	abrdn Physical Gold Shares ETF	0.17%	Sep 9, 2009	SLV vs SGOL

Best Risk-Adjusted Alternatives to SLV

Among ETFs in the Precious Metals category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
SILJ	ETFMG Prime Junior Silver Miners ETF	95	Nov 28, 2012	SLV vs SILJ
AGMI	Themes Silver Miners ETF	95	May 2, 2024	SLV vs AGMI
SLVP	iShares MSCI Global Silver Miners ETF	94	Jan 31, 2012	SLV vs SLVP
SIL	Global X Silver Miners ETF	94	Apr 19, 2010	SLV vs SIL
SLVR	Sprott Silver Miners & Physical Silver ETF	93	Jan 14, 2025	SLV vs SLVR

Top Performing SLV Alternatives (YTD)

SLV alternatives from the Precious Metals category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
IAUM	iShares Gold Trust Micro	8.63%	Jun 15, 2021	SLV vs IAUM
SGOL	abrdn Physical Gold Shares ETF	8.62%	Sep 9, 2009	SLV vs SGOL
OUNZ	VanEck Merk Gold Trust	8.61%	May 16, 2014	SLV vs OUNZ
IAU	iShares Gold Trust	8.61%	Jan 21, 2005	SLV vs IAU
BAR	GraniteShares Gold Trust	8.57%	Aug 31, 2017	SLV vs BAR

Lowest Volatility Alternatives to SLV

SLV alternatives from the Precious Metals category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
GLDI	Credit Suisse X-Links Gold Shares Covered Call ETN	13.84%	Jan 29, 2013	SLV vs GLDI
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	23.75%	Mar 2, 2021	SLV vs IGLD
AAAU	Goldman Sachs Physical Gold ETF	27.49%	Jul 26, 2018	SLV vs AAAU
IAUM	iShares Gold Trust Micro	27.51%	Jun 15, 2021	SLV vs IAUM
SGOL	abrdn Physical Gold Shares ETF	27.51%	Sep 9, 2009	SLV vs SGOL

Lowest Drawdown Alternatives to SLV

SLV alternatives from the Precious Metals category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
GLDI	Credit Suisse X-Links Gold Shares Covered Call ETN	-13.73%	Jan 29, 2013	SLV vs GLDI
SLVO	Credit Suisse X-Links Silver Shares Covered Call E...	-17.23%	Apr 17, 2013	SLV vs SLVO
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	-17.56%	Mar 2, 2021	SLV vs IGLD
AAAU	Goldman Sachs Physical Gold ETF	-19.13%	Jul 26, 2018	SLV vs AAAU
OUNZ	VanEck Merk Gold Trust	-19.14%	May 16, 2014	SLV vs OUNZ

Other ETFs from iShares

Most popular iShares ETFs on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	0.86%	May 26, 2020	SLV vs SGOV
IBIT	iShares Bitcoin Trust ETF	Cryptocurrency	6	-22.62%	Jan 5, 2024	SLV vs IBIT
IVV	iShares Core S&P 500 ETF	S&P 500	65	-4.38%	May 15, 2000	SLV vs IVV
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	12	0.17%	Jul 22, 2002	SLV vs TLT
DGRO	iShares Core Dividend Growth ETF	Large Cap Growth Equities, Dividend	69	1.57%	Jun 10, 2014	SLV vs DGRO
SOXX	iShares Semiconductor ETF	Semiconductors, Technology Equities	92	9.20%	Jul 10, 2001	SLV vs SOXX
IWM	iShares Russell 2000 ETF	Small Cap Blend Equities	69	0.93%	May 22, 2000	SLV vs IWM
ACWI	iShares MSCI ACWI ETF	Large Cap Growth Equities	75	-2.21%	Mar 26, 2008	SLV vs ACWI
IYW	iShares U.S. Technology ETF	Technology Equities	66	-9.11%	May 19, 2000	SLV vs IYW
AGG	iShares Core U.S. Aggregate Bond ETF	Total Bond Market	60	0.02%	Sep 22, 2003	SLV vs AGG

Often Compared With SLV

What investors most often compare with SLV, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
GLD	SPDR Gold Shares	Gold, Precious Metals	87	8.57%	Nov 18, 2004	SLV vs GLD
SIVR	Aberdeen Standard Physical Silver Shares ETF	Precious Metals	89	5.87%	Jul 24, 2009	SLV vs SIVR
PSLV	Sprott Physical Silver Trust		86	3.13%	—	SLV vs PSLV
AGQ	ProShares Ultra Silver	Leveraged Commodities, Precious Metals	77	-22.96%	Dec 1, 2008	SLV vs AGQ
GDX	VanEck Gold Miners ETF	Gold, Precious Metals	92	7.00%	May 16, 2006	SLV vs GDX
SLVR.L	WisdomTree Silver	Precious Metals	87	3.67%	Sep 22, 2006	SLV vs SLVR.L
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	SLV vs SPY
AG	First Majestic Silver Corp.		94	28.97%	—	SLV vs AG
SVR.TO	iShares Silver Bullion ETF	Precious Metals	87	4.81%	Jul 15, 2009	SLV vs SVR.TO
ZSL	ProShares UltraShort Silver	Inverse Commodities, Precious Metals	1	-57.85%	Dec 1, 2008	SLV vs ZSL
PSLV.TO	Sprott Physical Silver Trust		86	4.64%	—	SLV vs PSLV.TO
MNS.TO	Royal Canadian Mint - Canadian Silver Reserves	Precious Metals	87	-7.47%	Oct 29, 2012	SLV vs MNS.TO
SVM	Silvercorp Metals Inc.		93	28.78%	—	SLV vs SVM
SBT.TO	Purpose Silver Bullion Fund	Precious Metals	86	5.57%	May 25, 2016	SLV vs SBT.TO
SLVM	Sylvamo Corporation		13	-11.44%	—	SLV vs SLVM
SQQQ	ProShares UltraPro Short QQQ	Leveraged Equities, Leveraged	2	18.46%	Feb 9, 2010	SLV vs SQQQ
KSLV	Kurv Silver Enhanced Income ETF	Derivative Income, Precious Metals	—	5.32%	Sep 29, 2025	SLV vs KSLV
ISLN.L	iShares Physical Silver ETC	Precious Metals	89	2.95%	Apr 8, 2011	SLV vs ISLN.L
XAGUSD=X	Silver Spot Price US Dollar		93	4.04%	—	SLV vs XAGUSD=X
SPLT.L	iShares Physical Platinum ETC	Precious Metals	85	-1.48%	Apr 8, 2011	SLV vs SPLT.L

Compare SLV with Any Fund or Stock

Compare SLV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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iShares Silver Trust

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