Data as of Nov 4, 2026.
SLVX vs SLVY: Dividend Yield & Total Return
SLVX and SLVY both write options for income.
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Net assets: $4.5m on Jul 31, 2026 for Nicholas Silver Income ETF, and $838,838 on Nov 3, 2026 for FT Vest Silver Strategy & Target Income ETF.
Not measured
SLVX since launch: paid 12.6%, price −46.0%, total −36.4%, not measured against a benchmark. Data to Nov 4, 2026.
SLVX
−36.4%
Total return, distributions reinvested
Not measured
SLVX since launch: paid 12.6%, price −46.0%, total −36.4%, not measured against a benchmark. Data to Nov 4, 2026.
SLVX
−36.4%
12.6% of it arrived as cash. Total return, distributions reinvested. SLVX since launch: paid 12.6%, price −46.0%, total −36.4%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.0.7 pts ahead of SLV
SLVY since launch: paid 2.3%, price −14.3%, total −12.2%, SLV −12.9%, +0.7 pts. Data to Nov 4, 2026.
SLV
−12.9%
SLVY
−12.2%
0.7 pts ahead of SLV
Total return, distributions reinvested
0.7 pts ahead of SLV
SLVY since launch: paid 2.3%, price −14.3%, total −12.2%, SLV −12.9%, +0.7 pts. Data to Nov 4, 2026.
SLV
−12.9%
SLVY
−12.2%
0.7 pts ahead of SLV
2.3% of it arrived as cash. Both charts share one scale, with zero at the line. SLVY since launch: paid 2.3%, price −14.3%, total −12.2%, SLV −12.9%, +0.7 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
SLVY costs 0.31 points a year less.
Points (pts) are percentage points.
| Measure | SLVX | SLVY |
|---|---|---|
| Paid and earned | ||
| Price change | fell 40.7% (6 months) | fell 14.3% (since Jul 9, 2026) |
| Against its benchmark | ||
| Benchmark | its own holdings | Silver, measured through SLV |
| Against its benchmark, same days | behind by 7.6 pts | ahead by 0.7 pts |
| Cost and size | ||
| Expense ratio | 1.16% | 0.85% |
| Net assets, SLVX as of Jul 31, 2026 and SLVY as of Nov 3, 2026 | $4.5m | $838,838 |
| Holdings | ||
| Holdings in common | 0% | |
Risk and return
Jul 17, 2026 to Oct 30, 2026 · 15 weekly returnsFrom Jul 2026 to Oct 2026, SLVX returned slightly more: −10.7% to −11.5%. SLVY fell less at its worst: −27.2% to −34.5%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | SLVX | SLVY | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | −10.7% | −11.5% | SLVX (slight) | Price change plus distributions, reinvested. |
| Price return | −16.7% | −13.0% | SLVY | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −34.5% | −27.2% | SLVY | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 15 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, SLVX and SLVY hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | SLVX | SLVY | SLVX | SLVY | SLVX | SLVY |
| 3 months | −17.0% | −15.3% | 6.0% | 1.7% | −5.5 pts | +0.6 pts |
| 6 months | −33.0% | – | 9.6% | – | −7.7 pts | – |
| Since launchNot the same days: SLVX Feb 2026 · SLVY Jul 2026 | −36.4% | −12.2% | 12.6% | 2.3% | not measured | +0.7 pts |
– means no data for this window. Open this comparison in the app →
No client brief for this pair: ETFIQ prints no one-year total return for SLVX or SLVY.
SLVX's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026) returned −25.4% over the same days, so a holder was behind by 7.6 pts.
Over the 6 months to Nov 4, 2026, SLVX paid 9.6% of its starting value in cash distributions while its price fell 40.7%. With every distribution reinvested, the fund returned −33.0%. At its price on Nov 4, 2026 the latest distribution annualizes to 24.7%, paid weekly. Nicholas estimates that 100% of the distribution paid Nov 3, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
SLVY
Over the period from its first trade on Jul 9, 2026 to Nov 4, 2026, SLVY paid 2.3% of its starting value in cash distributions while its price fell 14.3%. With every distribution reinvested, the fund returned −12.2%. Silver (SLV) returned −12.9% over the same days, so a holder was ahead by 0.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 7.1%, paid monthly. First Trust estimates that 100% of the distribution paid Nov 3, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, SLVX against SLVY, data as of Nov 4, 2026. https://etfiq.com/compare/income/slvx-vs-slvy
ETFIQ. (Nov 4, 2026). SLVX against SLVY. Retrieved from https://etfiq.com/compare/income/slvx-vs-slvy
[SLVX against SLVY (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/slvx-vs-slvy)
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