Data as of .
GDXY vs SLVY: which paid, and which earned it?
GDXY and SLVY both write options for income.
What they hold in common
By the books each fund has filed, GDXY and SLVY hold 0% of their money in the same securities at the same weight.
| Only in GDXY | Only in SLVY |
|---|---|
| United States Treasury Note/Bond 2.375% 05/15/2027 19.70% | 2026-11-30 S&P 500® Mini Index P 2,988.40 255.07% |
| United States Treasury Bill 07/08/2027 19.25% | 2026-11-30 iShares Silver Trust C 52.83 14.47% |
| United States Treasury Bill 02/18/2027 18.14% | US Dollar 2.03% |
| United States Treasury Bill 12/10/2026 17.75% | 2026-11-30 S&P 500® Mini Index C 2,241.30 0.00% |
| United States Treasury Bill 10/15/2026 16.50% | 2026-11-30 S&P 500® Mini Index C 2,988.40 0.00% |
| GDX 11/20/2026 90.01 C 10.91% | 2026-09-30 iShares Silver Trust C 60.13 -0.29% |
| First American Government Obligations Fund 12/01/2031 2.73% | 2026-11-30 iShares Silver Trust P 52.83 -2.11% |
| GDX US 09/25/26 C100 0.27% | 2026-11-30 S&P 500® Mini Index P 2,241.30 -169.17% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| GDXY | SLVY | GDXY | SLVY | GDXY | SLVY | |
| 3 months | +13.5% | not published | 13.8% | not published | −2.2 pts | not published |
| 6 months | +13.0% | not published | 25.4% | not published | −6.2 pts | not published |
| 1 year | +18.4% | not published | 50.1% | not published | −21.4 pts | not published |
| Since launch | +68.9% | +10.6% | 86.5% | 1.2% | −94.5 pts | −0.1 pts |
| GDXY YieldMax(R) Gold Miners Option Income Strategy ETF Synthetic covered call on GDX, paying weekly | SLVY FT Vest Silver Strategy & Target Income ETF Option income on SLV | |
|---|---|---|
| Issuer | YieldMax | First Trust |
| Strategy | synthetic covered call | option income |
| Benchmark | Gold miners (GDX) | Silver (SLV) |
| Pays | weekly | not established |
| Payout rate, annualized | 50.0% | 6.9% |
| Expense ratio | 1.00% | 0.85% |
| Cash paid, 1 year | 50.1% | 1.2% (since launch on Jul 9, 2026) |
| Price change, 1 year | −33.1% | +9.3% |
| Total return, 1 year | +18.4% | +10.6% (since launch on Jul 9, 2026) |
| Benchmark return, 1 year | +39.8% | +10.7% |
| Ahead or behind | −21.4 pts | −0.1 pts |
| Return of capital, latest estimate | 95% | not published |
| Age | 850 days | 71 days |
| Net assets | $329m | $1m |
GDXY in plain words
Over the year to Sep 18, 2026, GDXY paid 50.1% of its starting value in cash distributions while its price fell 33.1%. With every distribution reinvested, the fund returned +18.4%. Gold miners (GDX) returned +39.8% over the same days, so a holder was behind by 21.4 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 50.0%, paid weekly. YieldMax estimates that 95% of the distribution paid Sep 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
SLVY in plain words
Over the period since launch on Jul 9, 2026 to Sep 18, 2026, SLVY paid 1.2% of its starting value in cash distributions while its price rose 9.3%. With every distribution reinvested, the fund returned +10.6%. Silver (SLV) returned +10.7% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 6.9%, paid periodically.
Questions people ask
- Which is cheaper, GDXY or SLVY?
- GDXY charges 1.00% a year and SLVY charges 0.85%, so SLVY is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, GDXY against SLVY, data as of Sep 18, 2026. https://etfiq.com/compare/income/gdxy-vs-slvy Free to use with attribution; the underlying files are at Open data.