iShares Silver Trust

Frequently Asked Questions About SLV

What does SLV invest in?

The iShares Silver Trust is designed to broadly replicate the market price movements of silver. This Trust operates outside the regulatory framework of the 1940 Investment Company Act, meaning it is not subject to the same stringent rules that govern registered mutual funds or ETFs. Furthermore, it does not qualify as a commodity pool under the Commodity Exchange Act. Prospective investors are urged to thoroughly review the prospectus, including its risk factors and all other pertinent information, before finalizing any investment decision.

What is the expense ratio of SLV?

iShares Silver Trust (SLV) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SLV?

iShares Silver Trust (SLV) manages $26.85B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SLV actively managed or an index fund?

SLV's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SLV launched?

iShares Silver Trust (SLV) launched in April 2006 and is managed by IShares.

How has SLV performed?

SLV's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.