Data as of .
IAUI vs SLVY: which paid, and which earned it?
IAUI and SLVY both write options for income.
What they hold in common
By the books each fund has filed, IAUI and SLVY hold 0% of their money in the same securities at the same weight.
| Only in IAUI | Only in SLVY |
|---|---|
| United States Treasury Bill 09/24/2026 73.35% | 2026-11-30 S&P 500® Mini Index P 2,988.40 255.07% |
| Goldman Sachs Physical Gold ETF 19.35% | 2026-11-30 iShares Silver Trust C 52.83 14.47% |
| GLD 10/16/2026 370 C 6.89% | US Dollar 2.03% |
| United States Treasury Bill 12/17/2026 1.00% | 2026-11-30 S&P 500® Mini Index C 2,241.30 0.00% |
| GLD 10/16/2026 428 C -0.13% | 2026-11-30 S&P 500® Mini Index C 2,988.40 0.00% |
| GLD 10/16/2026 370 P -0.21% | 2026-09-30 iShares Silver Trust C 60.13 -0.29% |
| GLD 10/16/2026 418 C -0.24% | 2026-11-30 iShares Silver Trust P 52.83 -2.11% |
| 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 | |||
|---|---|---|---|---|---|---|
| IAUI | SLVY | IAUI | SLVY | IAUI | SLVY | |
| 3 months | +2.6% | not published | 3.0% | not published | −1.0 pts | not published |
| 6 months | −1.4% | not published | 5.8% | not published | +1.6 pts | not published |
| 1 year | +11.9% | not published | 14.1% | not published | −7.7 pts | not published |
| Since launch | +19.7% | +10.6% | 17.7% | 1.2% | −10.0 pts | −0.1 pts |
| IAUI NEOS Gold High Income ETF Option income on GLD, paying monthly | SLVY FT Vest Silver Strategy & Target Income ETF Option income on SLV | |
|---|---|---|
| Issuer | NEOS | First Trust |
| Strategy | option income | option income |
| Benchmark | Gold (GLD) | Silver (SLV) |
| Pays | monthly | not established |
| Payout rate, annualized | 11.9% | 6.9% |
| Expense ratio | 0.79% | 0.85% |
| Cash paid, 1 year | 14.1% | 1.2% (since launch on Jul 9, 2026) |
| Price change, 1 year | −2.0% | +9.3% |
| Total return, 1 year | +11.9% | +10.6% (since launch on Jul 9, 2026) |
| Benchmark return, 1 year | +19.5% | +10.7% |
| Ahead or behind | −7.7 pts | −0.1 pts |
| Return of capital, latest estimate | 84% | not published |
| Age | 470 days | 71 days |
| Net assets | $635m | $1m |
IAUI in plain words
Over the year to Sep 18, 2026, IAUI paid 14.1% of its starting value in cash distributions while its price fell 2.0%. With every distribution reinvested, the fund returned +11.9%. Gold (GLD) returned +19.5% over the same days, so a holder was behind by 7.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 11.9%, paid monthly. NEOS estimates that 84% of the distribution paid Jun 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, IAUI or SLVY?
- IAUI charges 0.79% a year and SLVY charges 0.85%, so IAUI 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, IAUI against SLVY, data as of Sep 18, 2026. https://etfiq.com/compare/income/iaui-vs-slvy Free to use with attribution; the underlying files are at Open data.