Data as of .
KSLV vs SLVY: which paid, and which earned it?
KSLV and SLVY both write options for income.
What they hold in common
By the books each fund has filed, KSLV and SLVY hold 0% of their money in the same securities at the same weight.
| Only in KSLV | Only in SLVY |
|---|---|
| TREASURY BILL 43.78% | 2026-11-30 S&P 500® Mini Index P 2,988.40 255.07% |
| TREASURY BILL 28.36% | 2026-11-30 iShares Silver Trust C 52.83 14.47% |
| TREASURY BILL 27.87% | US Dollar 2.03% |
| 2026-11-30 S&P 500® Mini Index C 2,241.30 0.00% | |
| 2026-11-30 S&P 500® Mini Index C 2,988.40 0.00% | |
| 2026-09-30 iShares Silver Trust C 60.13 -0.29% | |
| 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 May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| KSLV | SLVY | KSLV | SLVY | KSLV | SLVY | |
| 3 months | 0.0% | not published | 6.4% | not published | −0.7 pts | not published |
| 6 months | −4.3% | not published | 12.4% | not published | −1.7 pts | not published |
| Since launch | +34.9% | +10.6% | 30.9% | 1.2% | −6.6 pts | −0.1 pts |
| KSLV Kurv Silver Enhanced Income ETF Covered call on SLV, paying monthly | SLVY FT Vest Silver Strategy & Target Income ETF Option income on SLV | |
|---|---|---|
| Issuer | Kurv | First Trust |
| Strategy | covered call | option income |
| Benchmark | Silver (SLV) | Silver (SLV) |
| Pays | monthly | not established |
| Payout rate, annualized | 27.4% | 6.9% |
| Expense ratio | 1.00% | 0.85% |
| Cash paid, 1 year | 30.9% (since launch on Sep 30, 2025) | 1.2% (since launch on Jul 9, 2026) |
| Price change, 1 year | +5.4% | +9.3% |
| Total return, 1 year | +34.9% (since launch on Sep 30, 2025) | +10.6% (since launch on Jul 9, 2026) |
| Benchmark return, 1 year | +41.4% | +10.7% |
| Ahead or behind | −6.6 pts | −0.1 pts |
| Return of capital, latest estimate | 91% | not published |
| Age | 353 days | 71 days |
| Net assets | $122m | $1m |
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).
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, KSLV or SLVY?
- KSLV 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, KSLV against SLVY, data as of Sep 18, 2026. https://etfiq.com/compare/income/kslv-vs-slvy Free to use with attribution; the underlying files are at Open data.