Data as of .
NUGY vs SLVY: which paid, and which earned it?
NUGY and SLVY both write options for income.
What they hold in common
By the books each fund has filed, NUGY and SLVY hold 0% of their money in the same securities at the same weight.
| Only in NUGY | Only in SLVY |
|---|---|
| Treasury Bill 95.75% | 2026-11-30 S&P 500® Mini Index P 2,988.40 255.07% |
| Treasury Bill 4.25% | 2026-11-30 iShares Silver Trust C 52.83 14.47% |
| 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 Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| NUGY | SLVY | NUGY | SLVY | NUGY | SLVY | |
| 3 months | −2.3% | not published | 14.3% | not published | −18.0 pts | not published |
| 6 months | −0.5% | not published | 31.6% | not published | −19.7 pts | not published |
| Since launch | −3.1% | +10.6% | 52.9% | 1.2% | −30.3 pts | −0.1 pts |
| NUGY GraniteShares YieldBOOST Gold Miners ETF Synthetic covered call on GDX, paying weekly | SLVY FT Vest Silver Strategy & Target Income ETF Option income on SLV | |
|---|---|---|
| Issuer | GraniteShares | First Trust |
| Strategy | synthetic covered call | option income |
| Benchmark | Gold miners (GDX) | Silver (SLV) |
| Pays | weekly | not established |
| Payout rate, annualized | 58.4% | 6.9% |
| Expense ratio | 1.07% | 0.85% |
| Cash paid, 1 year | 52.9% (since launch on Nov 18, 2025) | 1.2% (since launch on Jul 9, 2026) |
| Price change, 1 year | −52.4% | +9.3% |
| Total return, 1 year | −3.1% (since launch on Nov 18, 2025) | +10.6% (since launch on Jul 9, 2026) |
| Benchmark return, 1 year | +27.1% | +10.7% |
| Ahead or behind | −30.3 pts | −0.1 pts |
| Return of capital, latest estimate | 96% | not published |
| Age | 304 days | 71 days |
| Net assets | $6m | $1m |
NUGY in plain words
Over the period since launch on Nov 18, 2025 to Sep 18, 2026, NUGY paid 52.9% of its starting value in cash distributions while its price fell 52.4%. With every distribution reinvested, the fund returned −3.1%. Gold miners (GDX) returned +27.1% over the same days, so a holder was behind by 30.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 58.4%, paid weekly. GraniteShares estimates that 96% of the distribution paid Aug 25, 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, NUGY or SLVY?
- NUGY charges 1.07% 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, NUGY against SLVY, data as of Sep 18, 2026. https://etfiq.com/compare/income/nugy-vs-slvy Free to use with attribution; the underlying files are at Open data.