SLVX Nicholas Silver Income ETF
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Over the 6 months to Nov 4, 2026, SLVX paid 9.6% in cash and lost 33.0%, against −25.4% for its own holdings.
Promise check: MissedOver the time since its launch to Nov 4, 2026, SLVX paid 12.6% in cash and returned −36.4% in total, covering −288.9% of its payout.
SLVX risk and return scorecard
vs SLVX's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026)
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data
Money in and out
Net fund flows · Jul 31, 2026What you earned
What can be shown yet
First traded Feb 18, 2026More on SLVX
Every number below is on this page. Open what you need.Price and total return since launch, Feb 18, 2026
$11.34+8.7%1 day, priceClose, Nov 4, 2026
Total return adds every distribution, reinvested. Computed by ETFIQ from Tiingo daily prices.
Source: Tiingo end-of-day prices. Data as of Nov 4, 2026. Updated every trading night. Report a data error
| Window | Total return | Cash paid | Price | its own holdings | Ahead or behind |
|---|---|---|---|---|---|
| 1M Oct 5 – Nov 4, 2026 | −16.1% | 1.7% | −17.6% | −12.9% | −3.2 pts |
| 3M Aug 5 – Nov 4, 2026 | −17.0% | 6.0% | −21.9% | −11.5% | −5.5 pts |
| 6M May 6 – Nov 4, 2026 | −33.0% | 9.6% | −40.7% | −25.4% | −7.6 pts |
| Since launch Feb 18 – Nov 4, 2026 | −36.4% | 12.6% | −46.0% | not published | not available |
Total returns, distributions reinvested. Listed Feb 2026: no year to date, 1 year and 3 years windows.
Source: Tiingo end-of-day prices, with distributions reinvested.
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Money in and out
Monthly data · as of Jul 31, 2026SLVX: in the month to Jul 31, 2026, net $1.3m came in, by its SEC filing.
monthly, from SEC filings
Computed by ETFIQ from the monthly sales and redemptions SLVX files with the SEC on Form N-PORT.
How this is computed
ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Jul 2026. Every day and month ETFIQ holds for SLVX, back to Feb 2026, is in its flows file. Flows across every fund · How these flows are computed · Compare SLVX with other funds in the flows tool
Month by month, money in and money outFeb 2026 to Jul 2026
SLVX, money in and money out each month from Feb 2026 to Jul 2026: two bars a month, money in above the line and money out below. Every bar is from SLVX’s SEC filings (N-PORT item B.6). Of the 6 months listed, money came in on net in 5 and went out in 0.
Every bar is from SLVX’s SEC filings (N-PORT item B.6). Of the 6 months listed, money came in on net in 5 and went out in 0.
Most recent first.
How this is computed
N-PORT months: money in is sales plus reinvestments; money out is redemptions.
N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.
Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Jul 31, 2026. Updated when the fund files its next report.
SLVX key stats
SLVX return of capital and tax
Trading
as of Nov 4, 2026
SLVX for holders outside the US
13 distributions for SLVX, $0.0539 to $0.0772 a share and $0.0681 in the middle, Aug 10, 2026 to Nov 2, 2026. 6 further ex-dates are expected with no amount the issuer has declared, so they are not drawn.
SLVX pays weekly. The last distribution was $0.0539 a share, which went ex on Nov 2, 2026, with payment about 1 day later. The next has not been declared. On its own cadence of about 7 days the ex-date falls near Nov 9, 2026; that date is an ETFIQ projection, not the issuer’s.
Expected distributions for SLVX. A projected row carries the fund’s own spacing forward from its last ex-date, at the last amount paid. Neither is an issuer statement. Source: ETFIQ.
Cash distributions per share for SLVX. Source: ETFIQ from Tiingo end-of-day distributions.
Source: ETFIQ, from Tiingo end-of-day distributions.
SLVX top ten by weight, 47.5% of the fund, of its 12 equity positions, from the holdings filed for Jul 31, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the fund’s SEC filing.
Source: The fund’s SEC filing.
About SLVX
How we measure
12 seats on SLVX, as of Nov 4, 2026: 8 Challenges, 4 Not enough data.
Questions people ask about SLVX
- How much has SLVX paid over the last 6 months?
- Over the 6 months to Nov 4, 2026, SLVX paid 9.6% of its starting price in cash distributions, while the price fell 40.7%.
- Is SLVX ahead of its own holdings?
- Over the 6 months to Nov 4, 2026, with every distribution reinvested, SLVX returned −33.0% against −25.4% for SLVX's own holdings, without the options (from its filed holdings, rebalanced at each filing; latest Jul 31, 2026), so a holder was behind it by 7.6 points.
- How often does SLVX pay, and how much?
- SLVX pays weekly. The latest distribution annualizes to 24.7% at its price on Nov 4, 2026, which is not a promise; the next one can differ.
- Is the SLVX distribution return of capital?
- Nicholas estimates 100% of the distribution paid Nov 3, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.
- When does SLVX next pay a distribution?
- SLVX pays weekly. The last distribution went ex on Nov 2, 2026 at $0.0539 a share. The next is not declared; on a cadence of about 7 days the ex-date falls near Nov 9, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 1 day.
- What does SLVX cost?
- The prospectus expense ratio is 1.16% a year.
- How much of SLVX’s distribution is return of capital?
- Nicholas’s Rule 19a-1 notice estimates 100.0% of the distribution paid Nov 3, 2026 was return of capital. Across its notices for distributions paid Mar 10, 2026 to Nov 3, 2026, the estimate is 79.8%. Estimates come before the fund year closes and often change.
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Cite this pageCitation, APA and Markdown
ETFIQ, SLVX, income ETFs, data as of Nov 4, 2026. https://etfiq.com/funds/slvx
ETFIQ. (Nov 4, 2026). SLVX, income ETFs. Retrieved from https://etfiq.com/funds/slvx
[SLVX, income ETFs (ETFIQ, Nov 4, 2026)](https://etfiq.com/funds/slvx)
The payout bar for SLVX, redrawn every trading night.
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.
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<figure style="margin:0;max-width:640px">
<iframe src="https://etfiq.com/embed/income/slvx/" title="SLVX: SLVX since launch: paid 12.6%, price −46.0%, total −36.4%, not measured against a benchmark. Data to Nov 4, 2026." width="640" height="370" loading="lazy" style="border:0;max-width:100%;width:100%"></iframe>
<figcaption style="font:13px/1.5 sans-serif">SLVX: SLVX since launch: paid 12.6%, price −46.0%, total −36.4%, not measured against a benchmark. Data to Nov 4, 2026. Data: <a href="https://etfiq.com/funds/slvx">ETFIQ</a></figcaption>
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