Nicholas Silver Income ETF
$15.02−0.91 (−5.71%)
- Expense ratio
- 1.16%
- Fund size
- $9M
- 1Y return
- —
- Yield · Last 12 months
- Data unavailable
- Holdings
- 47
- Volume · 30D
- 0M sh
- NAV per share
- $15.56
- 52W range
The ETF.net SLVX Grade
Score 16 of 100 sits in the F band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 0Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 23Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 39Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 15Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 28Category rank
Our read on SLVX
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.
The actively managed ETF seeks capital appreciation as its primary objective and current income as its secondary objective.
Why people hold it
- Income is written into the mandate, not bolted on: capital appreciation is the stated primary objective, current income the secondary one, with distributions on a recurring schedule.
- Actively managed, so the roughly 50 holdings reflect a manager's picks rather than a cap-weighted index rulebook. Most funds in this corner track a list.
- Plain 1940 Act ETF wrapper holding materials-sector equities, the same structure the large index-based miners funds use.
Worth knowing
- The 1.16% expense ratio sits well above index rivals in the same theme: RING and SLVP each charge 0.39%. Active stock picking carries that gap.
- A small, thinly traded fund, so bid-ask spreads can run wider than on the category's heavyweights.
- Launched in 2026, so there is little history to judge, and the book stays concentrated in one narrow slice of the materials sector.
SLVX Holdings
- Stocks
- 47
- 88%
- SIVR
Sectors
Geography
SLVX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | −2.9% |
| 3 months | +8.8% |
| 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 | −13.2% |
SLVX in the news
ETF.net Research hasn’t filed on SLVX yet — coverage lands here as it’s written.
SLVX Dividends
- $0.07 per share
- Weekly
Distribution data unavailable.
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Sep 22, 2026 | $0.07 |
| Sep 14, 2026 | Sep 15, 2026 | $0.08 |
| Sep 4, 2026 | Sep 8, 2026 | $0.08 |
| Aug 31, 2026 | Sep 1, 2026 | $0.08 |
| Aug 24, 2026 | Aug 25, 2026 | $0.08 |
| Aug 17, 2026 | Aug 18, 2026 | $0.07 |
| Aug 10, 2026 | Aug 11, 2026 | $0.07 |
| Aug 3, 2026 | Aug 4, 2026 | $0.06 |
| Jul 27, 2026 | Jul 28, 2026 | $0.06 |
| Jul 20, 2026 | Jul 21, 2026 | $0.06 |
| Jul 13, 2026 | Jul 14, 2026 | $0.06 |
| Jul 6, 2026 | Jul 7, 2026 | $0.07 |
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.
SLVX Cost
- The middle half of Precious Metals Miners funds
- Median 0.52%
Every other Precious Metals Miners fund charges less.