# iShares Silver Trust (0JKC) **Source:** https://fundology.uk/fund/0jkc · ISIN US46428Q1094 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 05/10/2026, 0JKC (iShares Silver Trust, ISIN US46428Q1094) closed at $55.23 on the London Stock Exchange. Its ongoing charge is 0.50% a year (about £50 on £10,000). Over the five years to 05/10/2026 its total return was +177.5%, or +116.9% after UK CPIH inflation. ## Summary iShares Silver Trust is an exchange-traded fund (ETF) from iShares, launched in 2006. It tracks the LBMA Silver Price ($/ozt). You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.5% a year — about £50 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. > This fund is domiciled outside the UK and EU and does not publish the key information document UK rules require, so most UK platforms do not offer it to retail investors. It is shown for reference. Latest close: **$55.23** (05/10/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 0JKC | | ISIN | US46428Q1094 | | Category | Gold & commodities | | Type | ETF | | Provider | iShares | | Tracks | LBMA Silver Price ($/ozt) | | Income | Accumulating | | Ongoing charge | 0.50% a year (£50 per £10,000) | | Fund size | £17bn | | Launched | 2006 | | Domicile | United States | ## Past returns (periods to 05/10/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +30.28% | +26.19% | income reinvested | | 3 years | +161.92% | +136.35% | income reinvested | | 5 years | +177.49% | +116.92% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of iShares Silver Trust in pounds (price, with income reinvested in the fund): 2022 +14.5%, 2023 −5.6%, 2024 +23.6%, 2025 +126.0%; 2026 to 02/10/2026 −14.6%. Returns of iShares Silver Trust in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +29.6%; to 30/09/2025: +45.2%; to 30/09/2024: +30.8%; to 30/09/2023: +4.4%; to 30/09/2022: +5.2%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +14.5% | +4.8% | Price | | 2023 | -5.6% | -9.4% | Price | | 2024 | +23.6% | +19.4% | Price | | 2025 | +126.0% | +118.3% | Price | | 2026 to 02/10/2026 | -14.6% | -16.9% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 50.19% | -44.41% | | 3 years | 36.47% | -44.41% | | 5 years | 32.71% | -44.41% | ## Largest fall Volatility of iShares Silver Trust in pounds, annualised from weekly returns to 02/10/2026: 50.2% over 1 year, 36.5% over 3 years, 32.7% over 5 years. Largest fall in the price of iShares Silver Trust since October 2021, in pounds: −44.4% from 23/01/2026 to 17/07/2026. The lowest 12-month return of iShares Silver Trust in pounds (price, with income reinvested in the fund) since January 2021 was −17.2% (12 months to 15/07/2022); the highest was +199.9% (12 months to 23/01/2026). On 02/10/2026 the price of iShares Silver Trust was 39.3% below its highest weekly close since October 2021 (23/01/2026), in pounds. ## Charges compared with similar funds Ongoing charge of iShares Silver Trust 0.50% a year, as of 03/10/2026: 38 of the 138 other gold and commodity funds charge more, 2 the same and 98 less (share classes counted once). ## Funds tracking the same index 9 funds track LBMA Silver Price ($/ozt), this one included and share classes counted once; their ongoing charges range from 0.19% to 0.75% a year (02/10/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Invesco Physical Silver ETC | 0.19% | — | +163.9% | +196.0% | | iShares Physical Silver ETC | 0.21% | +31.4% | +163.3% | +186.2% | | iShares Silver Trust (this fund) | 0.50% | +30.9% | +162.5% | +183.2% | | Swisscanto (CH) Silver ETF EA USD | 0.72% | +30.8% | +160.2% | +173.2% | | UBS Silver ETF Anteile -USD acc- | 0.45% | +31.0% | +162.9% | +183.9% | | WisdomTree Core Physical Silver ETP | 0.19% | +31.4% | — | — | | WisdomTree Physical Silver | 0.49% | +31.0% | +161.1% | +182.1% | | Xtrackers IE Physical Silver ETC | 0.20% | +34.0% | +157.1% | +114.8% | | Xtrackers Physical Silver EUR Hedged ETC | 0.75% | +27.3% | +135.0% | +126.3% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.50%** per year - ISA eligible: no - SIPP eligible: no ## Questions people ask **What is the ongoing charge of 0JKC?** The ongoing charge of 0JKC is 0.50% a year — about £50 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares Silver Trust 0.50% a year, as of 03/10/2026: 38 of the 138 other gold and commodity funds charge more, 2 the same and 98 less (share classes counted once). **What does 0JKC track?** 0JKC tracks the LBMA Silver Price ($/ozt). **Is 0JKC accumulating or distributing?** 0JKC is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of 0JKC?** The ISIN of 0JKC is US46428Q1094. An ISIN identifies one exact share class of a fund; 0JKC is its ticker on the London Stock Exchange. **What were 0JKC’s returns in each of the last five years?** Calendar-year returns of 0JKC in pounds (price, with income reinvested in the fund): 2022 +14.5%, 2023 −5.6%, 2024 +23.6%, 2025 +126.0%; 2026 to 02/10/2026 −14.6%. Past performance is not a guide to future returns. **How has 0JKC done after inflation?** Over the five years to 05/10/2026 0JKC’s total return was +177.5%, or +116.9% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.