Data as of .
SLVX vs SLVY: which paid, and which earned it?
SLVX and SLVY both write options for income.
What they hold in common
By the books each fund has filed, SLVX and SLVY hold 0% of their money in the same securities at the same weight.
| Only in SLVX | Only in SLVY |
|---|---|
| Sprott Physical Silver Trust 17.39% | 2026-11-30 S&P 500® Mini Index P 2,988.4 255.07% |
| Pan American Silver Corp 8.13% | 2026-11-30 iShares Silver Trust C 52.83 14.47% |
| Wheaton Precious Metals Corp 8.10% | US Dollar 2.03% |
| Silvercorp Metals Inc 8.03% | 2026-11-30 S&P 500® Mini Index C 2,241.3 0.00% |
| First Majestic Silver Corp 7.94% | 2026-11-30 S&P 500® Mini Index C 2,988.4 0.00% |
| SSR Mining Inc 7.63% | 2026-09-30 iShares Silver Trust C 60.13 -0.29% |
| Hycroft Mining Holding Corp 7.40% | 2026-11-30 iShares Silver Trust P 52.83 -2.11% |
| Fortuna Mining Corp 6.51% | 2026-11-30 S&P 500® Mini Index P 2,241.3 -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 Apr 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| SLVX | SLVY | SLVX | SLVY | SLVX | SLVY | |
| 3 months | +4.4% | not published | 5.6% | not published | +3.7 pts | not published |
| 6 months | +3.3% | not published | 11.8% | not published | +5.9 pts | not published |
| Since launch | −15.5% | +10.6% | 10.6% | 1.2% | −1.0 pts | −0.1 pts |
| SLVX Nicholas Silver Income ETF Option income on SLV, paying weekly | SLVY FT Vest Silver Strategy & Target Income ETF Option income on SLV | |
|---|---|---|
| Issuer | Nicholas | First Trust |
| Strategy | option income | option income |
| Benchmark | Silver (SLV) | Silver (SLV) |
| Pays | weekly | not established |
| Payout rate, annualized | 25.2% | 6.9% |
| Expense ratio | 1.16% | 0.85% |
| Cash paid, 1 year | 10.6% (since launch on Feb 18, 2026) | 1.2% (since launch on Jul 9, 2026) |
| Price change, 1 year | −25.9% | +9.3% |
| Total return, 1 year | −15.5% (since launch on Feb 18, 2026) | +10.6% (since launch on Jul 9, 2026) |
| Benchmark return, 1 year | −14.5% | +10.7% |
| Ahead or behind | −1.0 pts | −0.1 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 212 days | 71 days |
| Net assets | $2m | $1m |
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.
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, SLVX or SLVY?
- SLVX charges 1.16% 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, SLVX against SLVY, data as of Sep 18, 2026. https://etfiq.com/compare/income/slvx-vs-slvy Free to use with attribution; the underlying files are at Open data.