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SLVY FT Vest Silver Strategy & Target Income ETF

Option income on SLV

Since its launch on Jul 9, 2026, SLVY paid 1.2% in cash and finished level with SLV.

First Trust · Income ETFs · data as of

Key facts

1.2%Cash paid, since launch, on its starting price
+10.6%Total return, since launch
−0.1 ptsAgainst SLV
6.9%Latest payout, annualized

Method

What a holder got

SLVY against SLVSLVY returned +10.6% with distributions reinvested against +10.7% for Silver (SLV), a gap of −0.1 pts. Of that, 1.2% arrived as cash rather than price.+10.6%SLVY total return+10.7%Silver (SLV)1.2% cash

Over the year to Sep 18, 2026, SLVY returned +10.6% with distributions reinvested and Silver (SLV) returned +10.7%, so a holder came out level with it. The lighter segment is the 1.2% that arrived as cash rather than as price.

Its ten largest equity positions

SLVY top ten by weight, 100.0% of its 8 equity positions, from the holdings published by its issuer for Sep 18, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the issuer’s own daily file.
HoldingTickerWeight
2026-11-30 S&P 500® Mini Index P 2,988.44XSP 261130P02988400255.07%
2026-11-30 iShares Silver Trust C 52.834SLV 261130C0005283014.47%
US Dollar$USD2.03%
2026-11-30 S&P 500® Mini Index C 2,241.34XSP 261130C022413000.00%
2026-11-30 S&P 500® Mini Index C 2,988.44XSP 261130C029884000.00%
2026-09-30 iShares Silver Trust C 60.134SLV 260930C00060130-0.29%
2026-11-30 iShares Silver Trust P 52.834SLV 261130P00052830-2.11%
2026-11-30 S&P 500® Mini Index P 2,241.34XSP 261130P02241300-169.17%

Method

Period by period

SLVY over each window to Sep 18, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnSLVAhead or behind
Since launch1.2%+9.3%+10.6%+10.7%−0.1 pts

Method

When SLVY pays

SLVY pays on no established schedule. The last distribution was $0.1292 a share, which went ex on Sep 1, 2026, with payment about 2 days later.

Every distribution ETFIQ holds for SLVY (2, most recent first)
Cash distributions per share for SLVY. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 1, 2026$0.1292
Aug 3, 2026$0.1154

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Jul 9, 2026, SLVY has returned +10.6% with distributions reinvested, against +10.7% for Silver (SLV), and has paid out 1.2% of its starting value in cash along the way. It pays periodically, and at its current price the latest distribution annualizes to 6.9%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.

SLVY (FT Vest Silver Strategy & Target Income ETF), income ETFs fields as of Sep 18, 2026. Source: ETFIQ.
Strategyoption income
BenchmarkSilver (SLV) (proxy)
Paysnot established
Net assets (issuer page, as of Sep 18, 2026)$1m
Latest payout, annualized (ETFIQ)6.9%
Expense ratio (485BPOS XBRL, Jun 30, 2026)0.85%
Cash paid, last 12 months, over today’s price (ETFIQ)1.1%
LaunchedJul 9, 2026
Payson no established schedule
Typical wait from ex-date to payment2 days
Last paid, per share$0.1292 ex Sep 1, 2026
Sum of the last 2 distributions$0.2446

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has SLVY paid over the last year?
Over the period from its launch on Jul 9, 2026 to Sep 18, 2026, SLVY paid 1.2% of its starting price in cash distributions, while the price rose 9.3%.
Is SLVY ahead of SLV?
Over the period from its launch on Jul 9, 2026 to Sep 18, 2026, with every distribution reinvested, SLVY returned +10.6% against +10.7% for Silver (SLV), so a holder was about even with it by 0.1 points.
How often does SLVY pay, and how much?
SLVY pays on no established schedule. The latest distribution annualizes to 6.9% at its price on Sep 18, 2026, which is not a promise; the next one can differ.
When does SLVY next pay a distribution?
SLVY pays on no established schedule. The last distribution went ex on Sep 1, 2026 at $0.1292 a share.
What does SLVY cost?
The prospectus expense ratio is 0.85% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

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.

Compare SLVY

Also against IAUI, IGLD, KGLD, KSLV, MINY, NUGY, SLJY, SLVX.

Funds near this one

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SLVY payout bar, ETFIQ

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Where SLVY is written about

SLVY, Income ETFs, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open SLVY live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, SLVY, income ETFs, data as of Sep 18, 2026. https://etfiq.com/funds/slvy Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources