Data as of .
KSLV vs SLVX: which paid, and which earned it?
KSLV and SLVX both write options for income.
What they hold in common
By the books each fund has filed, KSLV and SLVX hold 0% of their money in the same securities at the same weight.
| Only in KSLV | Only in SLVX |
|---|---|
| TREASURY BILL 43.78% | Sprott Physical Silver Trust 17.39% |
| TREASURY BILL 28.36% | Pan American Silver Corp 8.13% |
| TREASURY BILL 27.87% | Wheaton Precious Metals Corp 8.10% |
| Silvercorp Metals Inc 8.03% | |
| First Majestic Silver Corp 7.94% | |
| SSR Mining Inc 7.63% | |
| Hycroft Mining Holding Corp 7.40% | |
| Fortuna Mining Corp 6.51% |
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 and May 31, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| KSLV | SLVX | KSLV | SLVX | KSLV | SLVX | |
| 3 months | 0.0% | +4.4% | 6.4% | 5.6% | −0.7 pts | +3.7 pts |
| 6 months | −4.3% | +3.3% | 12.4% | 11.8% | −1.7 pts | +5.9 pts |
| Since launch | +34.9% | −15.5% | 30.9% | 10.6% | −6.6 pts | −1.0 pts |
| KSLV Kurv Silver Enhanced Income ETF Covered call on SLV, paying monthly | SLVX Nicholas Silver Income ETF Option income on SLV, paying weekly | |
|---|---|---|
| Issuer | Kurv | Nicholas |
| Strategy | covered call | option income |
| Benchmark | Silver (SLV) | Silver (SLV) |
| Pays | monthly | weekly |
| Payout rate, annualized | 27.4% | 25.2% |
| Expense ratio | 1.00% | 1.16% |
| Cash paid, 1 year | 30.9% (since launch on Sep 30, 2025) | 10.6% (since launch on Feb 18, 2026) |
| Price change, 1 year | +5.4% | −25.9% |
| Total return, 1 year | +34.9% (since launch on Sep 30, 2025) | −15.5% (since launch on Feb 18, 2026) |
| Benchmark return, 1 year | +41.4% | −14.5% |
| Ahead or behind | −6.6 pts | −1.0 pts |
| Return of capital, latest estimate | 91% | not published |
| Age | 353 days | 212 days |
| Net assets | $122m | $2m |
KSLV in plain words
Over the period since launch on Sep 30, 2025 to Sep 18, 2026, KSLV paid 30.9% of its starting value in cash distributions while its price rose 5.4%. With every distribution reinvested, the fund returned +34.9%. Silver (SLV) returned +41.4% over the same days, so a holder was behind by 6.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 27.4%, paid monthly. Kurv estimates that 91% of the distribution paid Aug 20, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
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 is cheaper, KSLV or SLVX?
- KSLV charges 1.00% a year and SLVX charges 1.16%, so KSLV 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, KSLV against SLVX, data as of Sep 18, 2026. https://etfiq.com/compare/income/kslv-vs-slvx Free to use with attribution; the underlying files are at Open data.