Data as of .
MINY vs SLVX: which paid, and which earned it?
MINY and SLVX both write options for income.
What they hold in common
By the books each fund has filed, MINY and SLVX hold 12% of their money in the same securities at the same weight.
| Holding | MINY | SLVX |
|---|---|---|
| Wheaton Precious Metals Corp | 4.04% | 8.10% |
| Pan American Silver Corp | 3.98% | 8.13% |
| Hecla Mining Co | 3.80% | 5.82% |
| Only in MINY | Only in SLVX |
|---|---|
| VanEck Rare Earth and Strategi 6.91% | Sprott Physical Silver Trust 17.39% |
| Nucor Corp 6.53% | Silvercorp Metals Inc 8.03% |
| Steel Dynamics Inc 6.05% | First Majestic Silver Corp 7.94% |
| MP Materials Corp 5.63% | SSR Mining Inc 7.63% |
| Albemarle Corp 5.44% | Hycroft Mining Holding Corp 7.40% |
| Cameco Corp 5.36% | Fortuna Mining Corp 6.51% |
| Uranium Energy Corp 4.99% | OR Royalties Inc 6.15% |
| Constellation Energy Corp 4.98% | Endeavour Silver Corp 5.74% |
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
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| MINY | SLVX | MINY | SLVX | MINY | SLVX | |
| 3 months | −3.4% | +4.4% | 7.0% | 5.6% | +3.7 pts | +3.7 pts |
| 6 months | +5.6% | +3.3% | 15.3% | 11.8% | −1.4 pts | +5.9 pts |
| Since launch | −13.2% | −15.5% | 13.7% | 10.6% | −4.3 pts | −1.0 pts |
| MINY YieldMax(R) Strategic Metals & Mining Portfolio Option Income ETF Synthetic covered call on XME, paying weekly | SLVX Nicholas Silver Income ETF Option income on SLV, paying weekly | |
|---|---|---|
| Issuer | YieldMax | Nicholas |
| Strategy | synthetic covered call | option income |
| Benchmark | Metals and mining (XME), used as the proxy | Silver (SLV) |
| Pays | weekly | weekly |
| Payout rate, annualized | 31.0% | 25.2% |
| Expense ratio | 1.01% | 1.16% |
| Cash paid, 1 year | 13.7% (since launch on Feb 27, 2026) | 10.6% (since launch on Feb 18, 2026) |
| Price change, 1 year | −26.5% | −25.9% |
| Total return, 1 year | −13.2% (since launch on Feb 27, 2026) | −15.5% (since launch on Feb 18, 2026) |
| Benchmark return, 1 year | −8.8% | −14.5% |
| Ahead or behind | −4.3 pts | −1.0 pts |
| Return of capital, latest estimate | 0% | not published |
| Age | 203 days | 212 days |
| Net assets | $10m | $2m |
MINY in plain words
Over the period since launch on Feb 27, 2026 to Sep 18, 2026, MINY paid 13.7% of its starting value in cash distributions while its price fell 26.5%. With every distribution reinvested, the fund returned −13.2%. Metals and mining (XME), used as the proxy returned −8.8% over the same days, so a holder was behind by 4.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 31.0%, paid weekly. YieldMax estimates that 0% of the distribution paid Sep 17, 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, MINY or SLVX?
- MINY charges 1.01% a year and SLVX charges 1.16%, so MINY 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, MINY against SLVX, data as of Sep 18, 2026. https://etfiq.com/compare/income/miny-vs-slvx Free to use with attribution; the underlying files are at Open data.