VOE vs SLV

Comparison between VANGUARD MID-CAP VALUE INDEX FUND ETF SHARES (VOE, ETF) and iShares Silver Trust (SLV, ETF).

5-Year PerformanceSLV has outperformed VOE, delivering a return of +23.4% compared to +8.1%

VOE vs SLV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VOE(ETF)	SLV(ETF)
Net Assets	$35B	$36B
Expense Ratio	0.05%	0.50%
Max Drawdown	63.37%	76.28%
Sharpe Ratio	1.57	1.83
5Y Beta	0.69	0.71
P/E Ratio	19.33	N/A
Forward P/E	13.53	N/A
PEG Ratio	0.47	N/A
5Y Dividends CAGR	12.81%	N/A
5Y EPS CAGR	10.56%	N/A
Debt to Equity	44.26%	N/A
P/S Ratio	1.20	N/A
P/B Ratio	2.35	N/A

Net Assets

VOE

$35B

Winner

SLV

$36B

Expense Ratio

Winner

VOE

0.05%

SLV

0.50%

Max Drawdown

Winner

VOE

63.37%

SLV

76.28%

Sharpe Ratio

VOE

1.57

Winner

SLV

1.83

5Y Beta

Winner

VOE

0.69

SLV

0.71

P/E Ratio

VOE

19.33

SLV

N/A

Forward P/E

VOE

13.53

SLV

N/A

PEG Ratio

VOE

0.47

SLV

N/A

5Y Dividends CAGR

VOE

12.81%

SLV

N/A

5Y EPS CAGR

VOE

10.56%

SLV

N/A

Debt to Equity

VOE

44.26%

SLV

N/A

P/S Ratio

VOE

1.20

SLV

N/A

P/B Ratio

VOE

2.35

SLV

N/A

VOE vs SLV - Historical Returns

Returns include dividend reinvestment.

Period	VOE	SLV
1 month	+1.13%	+8.21%
3 months	+0.84%	-3.98%
6 months	+11.67%	+66.23%
1 year	+23.11%	+147.83%
5 years(CAGR)	+8.13%	+23.43%
10 years(CAGR)	+10.73%	+16.31%
Max(CAGR)	+9.27%	+8.67%

VOE

+1.13%

Winner

SLV

+8.21%

Winner

VOE

+0.84%

SLV

-3.98%

VOE

+11.67%

Winner

SLV

+66.23%

VOE

+23.11%

Winner

SLV

+147.83%

5Y(CAGR)

VOE

+8.13%

Winner

SLV

+23.43%

10Y(CAGR)

VOE

+10.73%

Winner

SLV

+16.31%

Max(CAGR)

Winner

VOE

+9.27%

SLV

+8.67%

VOE vs SLV - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	VOE	SLV
2026	+7.69%	+11.04%
2025	+12.46%	+139.21%
2024	+13.71%	+21.62%
2023	+10.01%	-1.22%
2022	-7.96%	+3.97%
2021	+31.13%	-15.15%
2020	+2.62%	+46.16%
2019	+27.88%	+14.56%
2018	-12.88%	-10.43%
2017	+16.14%	+3.56%
2016	+16.61%	+14.56%
2015	-1.89%	-12.71%
2014	+15.31%	-21.68%
2013	+34.58%	-37.47%
2012	+14.82%	+1.87%
2011	-1.60%	-10.14%
2010	+20.01%	+75.16%
2009	+34.45%	+44.95%
2008	-35.63%	-26.22%
2007	-4.15%	+17.03%
2006	+12.70%	-6.86%

VOE vs SLV Drawdown Comparison

The maximum drawdown for VOE was -61.51%, occurring on Mar 9, 2009. Recovery took 983 trading sessions.

The maximum drawdown for SLV was -76.28%, occurring on Mar 18, 2020. Recovery took 3638 trading sessions.

The current VOE drawdown is -1.53%. The current SLV drawdown is -30.86%.

Rank	VOE	SLV
#1	-61.51% Jun 4, 2007 - Apr 27, 2011	-76.28% Apr 28, 2011 - Oct 15, 2025
#2	-43.20% Feb 12, 2020 - Dec 4, 2020	-57.08% Mar 5, 2008 - Sep 22, 2010
#3	-24.10% Apr 29, 2011 - Mar 13, 2012	-42.45% Jan 28, 2026 - Mar 26, 2026
#4	-21.49% Jan 26, 2018 - Jul 24, 2019	-35.23% May 11, 2006 - Nov 6, 2007
#5	-19.69% Apr 20, 2022 - Feb 22, 2024	-13.77% Oct 16, 2025 - Nov 28, 2025
#6	-18.45% Nov 29, 2024 - Aug 22, 2025	-13.09% Dec 31, 2010 - Feb 17, 2011
#7	-18.04% May 21, 2015 - Jul 12, 2016	-10.81% Nov 6, 2007 - Jan 8, 2008
#8	-11.49% Mar 26, 2012 - Sep 6, 2012	-9.42% Dec 26, 2025 - Jan 6, 2026
#9	-8.46% Sep 5, 2014 - Nov 5, 2014	-8.18% Nov 8, 2010 - Nov 22, 2010
#10	-7.79% Jan 13, 2022 - Mar 29, 2022	-6.13% Dec 6, 2010 - Dec 28, 2010
#11	-7.06% Jul 24, 2019 - Sep 11, 2019	-5.98% Oct 14, 2010 - Oct 29, 2010
#12	-6.93% Feb 26, 2026 - Apr 30, 2026	-5.43% Jan 6, 2026 - Jan 12, 2026
#13	-6.80% May 17, 2013 - Jul 11, 2013	-5.39% Mar 9, 2011 - Mar 21, 2011
#14	-6.78% Nov 15, 2021 - Dec 29, 2021	-4.63% Feb 23, 2011 - Feb 28, 2011
#15	-6.78% Jun 8, 2021 - Aug 11, 2021	-4.19% Jan 14, 2026 - Jan 20, 2026