Nicholas Silver Income ETF
$10.72+0.27 (+2.62%)
- 1.16%
- $8M
- 21.3K sh
- low $10.30high $25.49
The ETF.net SLVX Grade
F
Score 11 out of 100
- 18 of 18
Score 11 of 100 falls in the F band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F0 out of 100Rank 18 of 18Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F8 out of 100Rank 18 of 18Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D33 out of 100Rank 13 of 18Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F8 out of 100Rank 18 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D28 out of 100Rank 14 of 18
Our read on SLVX
In short
FA rare active swing at the silver mining complex: the prospectus puts capital appreciation first and current income second, with roughly 50 names chosen by a manager instead of copied from an index. Active pricing comes with it.
Stated mandate
The actively managed ETF seeks capital appreciation as its primary objective and current income as its secondary objective.
Why people hold it
Worth knowing
SLVX Holdings
- Stocks
- 36
- 89%
- First American Government Obligations Fund 12/01/2031
Sectors
- Materials51.7%
- Financials34.8%
- Health Care7.0%
- Utilities6.5%
Geography
- Canada68.39%
- United States31.61%
SLVX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
SLVX$8,687
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | SLVX |
|---|---|
| Year to date | |
| 1 month | −22.1% |
| 3 months | −13.1% |
| 1 year | |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | SLVX |
|---|---|---|
| 2026 YTD | −41.4% |
SLVX in the news
SLVX Dividends
- $0.06 per share
- Weekly
Distribution data unavailable.
SLVX Risk
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.63
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
SLVX Cost
Overpaying vs AUMI, tied cheapest in Precious Metals Miners
$14,106
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
SLVX 1.16%
$21,232
AUMI 0.35% Tied cheapest
$7,126
Cost over time
Year by year
| Year | SLVX | AUMI | Overpaying |
|---|---|---|---|
| 10 | $2,032 | $634 | $1,398 |
| 20 | $7,580 | $2,454 | $5,126 |
| 30 | $21,232 | $7,126 | $14,106 |
Other funds in Precious Metals Miners
- CSILJAmplify Junior Silver Miners ETFExpense ratio 0.69%1 year return +1.5%
- DGOEXGlobal X Gold Explorers ETFExpense ratio 0.65%1 year return +6.1%
- CPMTLFIRST TRUST INDXX QUALITY PRECIOUS METALS MINERS ETFExpense ratio 0.65%1 year return
- DSLVRSprott Silver Miners & Physical Silver ETFExpense ratio 0.65%1 year return +6.5%
- DGBUGSprott Active Gold & Silver Miners ETFExpense ratio 0.90%1 year return +11.4%
