When evaluating costs, SVR features a management fee (MER) of 0.6%, compared to 0.08% for ZSP. Performance-wise, SVR has returned 11.21% year-to-date with +$120 M in net flows, whereas ZSP is at 6.9% with +$466 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
SVR
ZSP
| AuM | $600.30 M | $22,956.73 M |
| Management Fees | 0.60% | 0.08% |
| Exp. ratio | 0.66% | 0.09% |
| Tracking Difference | - | -0.36% |
Historical performance and flows
As of May 7, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | SVR | +11.21% | -0.41% | +11.21% | +138.43% | +191.68% |
ZSP | +8.99% | +6.30% | +6.90% | +29.86% | +86.90% | |
| Flows | SVR | -$13 M | +$25 M | +$120 M | +$248 M | +$256 M |
ZSP | +$312 M | +$195 M | +$466 M | +$1,450 M | +$4,683 M |
SVR vs ZSP exposure
Countries
SVR
Exposure data will be available soon
ZSP
USA
96.98%
Sectors
SVR
Exposure data will be available soon
ZSP
Information Technology
33.63%
Financials
10.49%
Communication Services
10.10%
Consumer Discretionary
9.94%
Health Care
9.40%
Industrials
8.34%
Other
18.10%
As of May 7, 2026
Top 10 Holdings
SVR
Exposure data will be available soon
ZSP
NVIDIA
7.39%
APPLE
6.67%
MICROSOFT-T
4.90%
AMAZON.COM INC
3.61%
ALPHABET INC-CL
2.93%
BROADCOM LIMITED
2.56%
ALPHABET INC-CL
2.35%
META PLATFORMS
2.16%
TESLA
1.84%
BERKSHIRE HATHWAY
1.60%
Diversification
SVR
Exposure data will be available soon
ZSP
Total weight of top 10 holdings out of 502 total
36.04%
Characteristics
Compare
SVR
ZSP
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | LBMA Silver Price - Price/USD - USD | S&P 500 CAD Total Return Index - CAD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Commodity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 0.79% |
| Meets ESG criteria | No | No |
| Inception Date | July 15, 2009 | November 14, 2012 |
Frequently asked questions about SVR and ZSP
Which ETF has performed better year to date: SVR or ZSP?
As of May 7, 2026, SVR has returned 11.21% year to date, while ZSP has returned 6.90%. SVR is ahead on YTD performance.
Which ETF is larger by assets under management: SVR or ZSP?
As of May 7, 2026, SVR manages $600.30 M in assets, while ZSP manages $22.96 B. ZSP is the larger fund by AUM.
How are SVR and ZSP managed?
SVR is passively managed by iShares. It tracks the LBMA Silver Price - Price/USD - USD benchmark. ZSP is passively managed by BMO. It tracks the S&P 500 CAD Total Return Index - CAD benchmark.
Which ETF is attracting more investor flows: SVR or ZSP?
Year to date, SVR has seen +$120.09 M in net flows, compared with +$465.64 M for ZSP. ZSP has attracted more net investor money so far.
How do the fees of SVR and ZSP compare?
SVR has an expense ratio of 0.66%, while ZSP has an expense ratio of 0.09%.
Recent articles about SVR and ZSP
Canadian Silver ETFs Surge 94% as Fed Policy Shift Fuels Rally
Canadian-listed silver ETFs have gained 94% year-to-date, dramatically outperforming gold funds.
Posted on 12/8/2025 by ETF Market Canada inCommodities
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.