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Data as of .

GLDN vs SLVX: which paid, and which earned it?

Over the window both share SLVX paid 10.6% of its price in cash against GLDN’s 6.7%, though GLDN returned more with it reinvested.

Nicholas Gold Income ETF and Nicholas Silver Income ETF.

6.7%GLDN cash paid, 1 year
10.6%SLVX cash paid, 1 year
−10.6%GLDN total return, 1 year
−15.5%SLVX total return, 1 year
GLDN1.9 pts ahead of GLD · since launch to Sep 18, 2026
GLD−12.5%GLDN−10.6%1.9 pts ahead of GLDTotal return, distributions reinvestedGLD−12.5%GLDN−10.6%1.9 pts ahead of GLD
SLVX1 pt behind SLV · since launch to Sep 18, 2026
SLV−14.5%SLVX−15.5%1 pt behind SLVTotal return, distributions reinvestedSLV−14.5%SLVX−15.5%1 pt behind SLV

What they hold in common

By the books each fund has filed, GLDN and SLVX hold 7% of their money in the same securities at the same weight.

Positions GLDN and SLVX both hold, largest shared weight first
HoldingGLDNSLVX
SSR Mining Inc7.03%7.63%
Only in each
Only in GLDNOnly in SLVX
SPDR Gold MiniShares Trust 30.40%Sprott Physical Silver Trust 17.39%
Franco-Nevada Corp 5.93%Pan American Silver Corp 8.13%
Newmont Corp 5.81%Wheaton Precious Metals Corp 8.10%
Kinross Gold Corp 5.80%Silvercorp Metals Inc 8.03%
Agnico Eagle Mines Ltd 5.66%First Majestic Silver Corp 7.94%
Anglogold Ashanti Plc 5.66%Hycroft Mining Holding Corp 7.40%
Barrick Mining Corp 5.42%Fortuna Mining Corp 6.51%
Royal Gold Inc 5.35%OR Royalties Inc 6.15%

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 Apr 30, 2026.

Performance, window by window

GLDN and SLVX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
GLDNSLVXGLDNSLVXGLDNSLVX
3 months+11.4%+4.4%3.7%5.6%+7.8 pts+3.7 pts
6 months+9.4%+3.3%7.5%11.8%+12.3 pts+5.9 pts
Since launch−10.6%−15.5%6.7%10.6%+1.9 pts−1.0 pts
Open the live comparison on ETFIQ
GLDN and SLVX on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GLDN
Nicholas Gold Income ETF
Option income on GLD, paying weekly
SLVX
Nicholas Silver Income ETF
Option income on SLV, paying weekly
IssuerNicholasNicholas
Strategyoption incomeoption income
BenchmarkGold (GLD)Silver (SLV)
Paysweeklyweekly
Payout rate, annualized15.4%25.2%
Expense ratio1.07%1.16%
Cash paid, 1 year6.7% (since launch on Feb 18, 2026)10.6% (since launch on Feb 18, 2026)
Price change, 1 year−17.5%−25.9%
Total return, 1 year−10.6% (since launch on Feb 18, 2026)−15.5% (since launch on Feb 18, 2026)
Benchmark return, 1 year−12.5%−14.5%
Ahead or behind+1.9 pts−1.0 pts
Return of capital, latest estimatenot publishednot published
Age212 days212 days
Net assets$3m$2m

GLDN in plain words

Over the period since launch on Feb 18, 2026 to Sep 18, 2026, GLDN paid 6.7% of its starting value in cash distributions while its price fell 17.5%. With every distribution reinvested, the fund returned −10.6%. Gold (GLD) returned −12.5% over the same days, so a holder was ahead by 1.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.4%, paid weekly.

SLVX in plain words

Over the period since launch on Feb 18, 2026 to Sep 18, 2026, SLVX paid 10.6% of its starting value in cash distributions while its price fell 25.9%. With every distribution reinvested, the fund returned −15.5%. Silver (SLV) returned −14.5% over the same days, so a holder was behind by 1.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 25.2%, paid weekly.

Questions people ask

Which paid more, GLDN or SLVX?
Over the year to Sep 18, 2026, GLDN paid 6.7% of its starting price in cash and SLVX paid 10.6%, so SLVX paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, GLDN or SLVX?
With every distribution reinvested, GLDN returned −10.6% and SLVX returned −15.5% over the year to Sep 18, 2026, so GLDN returned more.
Which is cheaper, GLDN or SLVX?
GLDN charges 1.07% a year and SLVX charges 1.16%, so GLDN 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.

GLDN against SLVX, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GLDN against SLVX, data as of Sep 18, 2026. https://etfiq.com/compare/income/gldn-vs-slvx Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources