# SLVX (Nicholas Silver Income ETF)

Nicholas · Income ETFs · data as of Sep 18, 2026

Since its launch on Feb 18, 2026, SLVX paid 10.6% in cash and still finished 1.0 points behind SLV.

## Key facts

- SLVX, cash paid, since launch, on its starting price: 10.6%, as of Sep 18, 2026.
- SLVX, total return, since launch: −15.5%, as of Sep 18, 2026.
- SLVX, against SLV: −1.0 pts, as of Sep 18, 2026.
- SLVX, latest payout, annualized: 25.2%, as of Sep 18, 2026.
- SLVX, net assets: $2m (SEC filing, whole fund, as filed for Apr 30, 2026).
- SLVX, expense ratio: 1.16% (485BPOS XBRL, Feb 4, 2026).

## SLVX over each window to Sep 18, 2026

| Window | Cash paid | Price | Total return | SLV | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 5.6% | −1.8% | +4.4% | +0.7% | +3.7 pts |
| 6 months | 11.8% | −8.5% | +3.3% | −2.6% | +5.9 pts |
| Since launch | 10.6% | −25.9% | −15.5% | −14.5% | −1.0 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | option income | ETFIQ |
| Benchmark | Silver (SLV) (proxy) | ETFIQ |
| Pays | weekly | ETFIQ |
| Net assets | $2m | SEC filing, whole fund, as filed for Apr 30, 2026 |
| Latest payout, annualized | 25.2% | ETFIQ |
| Expense ratio | 1.16% | 485BPOS XBRL, Feb 4, 2026 |
| Cash paid, last 12 months, over today’s price | 14.2% | ETFIQ |
| Launched | Feb 18, 2026 | ETFIQ |
| Pays | weekly | ETFIQ |
| Typical gap between ex-dates | 7 days | ETFIQ |
| Typical wait from ex-date to payment | 1 day | ETFIQ |
| Last paid, per share | $0.0755 ex Sep 14, 2026 | ETFIQ |
| Sum of the last 12 distributions | $0.8163 | ETFIQ |

## Questions

### How much has SLVX paid over the last year?

Over the period from its launch on Feb 18, 2026 to Sep 18, 2026, SLVX paid 10.6% of its starting price in cash distributions, while the price fell 25.9%.

### Is SLVX ahead of SLV?

Over the period from its launch on Feb 18, 2026 to Sep 18, 2026, with every distribution reinvested, SLVX returned −15.5% against −14.5% for Silver (SLV), so a holder was behind it by 1.0 points.

### How often does SLVX pay, and how much?

SLVX pays weekly. The latest distribution annualizes to 25.2% at its price on Sep 18, 2026, which is not a promise; the next one can differ.

### When does SLVX next pay a distribution?

SLVX pays weekly. The last distribution went ex on Sep 14, 2026 at $0.0755 a share. The next is not declared; on a cadence of about 7 days the ex-date falls near Sep 21, 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.


## Cite this page

ETFIQ, SLVX, data as of Sep 18, 2026. https://etfiq.com/funds/slvx
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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