SLV vs SPY
SLV vs SPY · Last updated April 5, 2026
| Metric | SLV | SPY | |
|---|---|---|---|
| Price | $65.79 | $655.83 | — |
| Expense Ratio | 0.50% | 0.09% | SPY |
| Dividend Yield | N/A | N/A | — |
| AUM | $46.2B | $698.3B | SPY |
Performance Comparison
| Period | SLV | SPY |
|---|---|---|
| 1M | -11.42% | -3.48% |
| 3M | -4.76% | -4.38% |
| 6M | +51.17% | -1.44% |
| YTD | +2.13% | -3.56% |
| 1Y | +142.95% | +31.28% |
| 3Y | N/A | N/A |
| 5Y | N/A | N/A |
Dividend Comparison
| Ex-Date | Ticker | Amount |
|---|---|---|
| March 20, 2026 | SPY | $1.80 |
| December 19, 2025 | SPY | $1.99 |
| September 19, 2025 | SPY | $1.83 |
| June 20, 2025 | SPY | $1.76 |
| March 21, 2025 | SPY | $1.70 |
| December 20, 2024 | SPY | $1.97 |
| September 20, 2024 | SPY | $1.75 |
| June 21, 2024 | SPY | $1.76 |
| March 15, 2024 | SPY | $1.60 |
| December 15, 2023 | SPY | $1.91 |
| September 15, 2023 | SPY | $1.58 |
| June 16, 2023 | SPY | $1.64 |
Key Differences
SLV (SLV) and SPY (SPY) are both popular exchange-traded funds that investors frequently compare. Here is how they differ based on the latest available data.
On the cost front, SPY (0.09% expense ratio) is more economical than SLV (0.50%). For a $100,000 investment, the annual fee difference is $405.50. Over decades, this cost advantage compounds meaningfully.
In terms of fund size, SPY manages $698.3B compared to SLV's $46.2B. This size advantage typically means SPY has better liquidity, making it easier to trade large positions without significant price impact.
All metrics shown are based on historical and trailing data. Forward-looking expectations may differ significantly from past performance.
How to Compare SLV and SPY
- If minimizing costs is a priority, compare the expense ratios: SLV charges 0.50% and SPY charges 0.09%.
- For liquidity, larger funds with higher AUM typically have tighter bid-ask spreads and more efficient trading.
- Review historical performance across different time periods (1-month to 5-year) to understand how each has performed in various market conditions.
Frequently Asked Questions
Is SLV or SPY a better investment?
Whether SLV or SPY is more suitable depends on your individual investment goals, risk tolerance, and time horizon. SLV and SPY differ in key metrics like expense ratio, dividend yield, and assets under management. This page provides objective data to help you compare the two.
What is the expense ratio difference between SLV and SPY?
SPY has an expense ratio of 0.09%, while SLV charges 0.50%. On a $10,000 investment, this 0.41% difference costs approximately $40.55 per year.
Which fund is larger, SLV or SPY?
SPY has $698.3B in assets under management, making it the larger fund. Larger funds tend to have better liquidity and tighter bid-ask spreads.
What are the risks of investing in SLV vs SPY?
Both SLV and SPY carry market risk — their values can decline during market downturns. Past performance does not guarantee future results. Consider factors like volatility, sector concentration, and your own risk tolerance when evaluating either investment.
See how expense ratio differences affect your returns over time → Expense Ratio Calculator