UBS ETRACS Silver Shares Covered Call ETN (SLVO) belongs to the Silver category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SLVO. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SLVO
SLVO charges 0.65% annually. There are 5 ETFs in the Silver category with lower expense ratios, going as low as 0.30%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Physical Silver Shares ETF | 0.30% | 3.90B | Jul 2009 | SLVO vs SIVR | |
| Themes Silver Miners ETF | 0.35% | 10.47M | May 2024 | SLVO vs AGMI | |
| iShares MSCI Global Silver and Metals Miners ETF | 0.39% | 775.29M | Jan 2012 | SLVO vs SLVP | |
| iShares Silver Trust | 0.50% | 28.08B | Apr 2006 | SLVO vs SLV | |
| Sprott Physical Silver Trust | 0.51% | — | Oct 2010 | SLVO vs PSLV |
Best Risk-Adjusted Alternatives to SLVO
SLVO has a PortfoliosLab risk / return rank of 37. There are 6 ETFs in the Silver category with higher risk-adjusted ranks, going as high as 55.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Silver Miners ETF | 55 | 10.47M | May 2024 | SLVO vs AGMI | |
| iShares MSCI Global Silver and Metals Miners ETF | 50 | 775.29M | Jan 2012 | SLVO vs SLVP | |
| Amplify Junior Silver Miners ETF | 45 | 3.28B | Nov 2012 | SLVO vs SILJ | |
| Sprott Active Gold & Silver Miners ETF | 45 | 141.51M | Feb 2025 | SLVO vs GBUG | |
| Global X Silver Miners ETF | 41 | 3.96B | Apr 2010 | SLVO vs SIL |
Top Performing SLVO Alternatives (YTD)
SLVO is at -4.64% YTD. No ETFs in the Silver category have higher YTD returns; the top-performing alternatives shown here go as high as -7.42%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Silver Miners ETF | -7.42% | 10.47M | May 2024 | SLVO vs AGMI | |
| Sprott Active Gold & Silver Miners ETF | -11.43% | 141.51M | Feb 2025 | SLVO vs GBUG | |
| Global X Silver Miners ETF | -11.58% | 3.96B | Apr 2010 | SLVO vs SIL | |
| Amplify Junior Silver Miners ETF | -12.94% | 3.28B | Nov 2012 | SLVO vs SILJ | |
| iShares MSCI Global Silver and Metals Miners ETF | -12.97% | 775.29M | Jan 2012 | SLVO vs SLVP |
Lowest Volatility Alternatives to SLVO
SLVO has 33.46% 1-year volatility. No ETFs in the Silver category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 51.46%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Sprott Active Gold & Silver Miners ETF | 51.46% | 141.51M | Feb 2025 | SLVO vs GBUG | |
| Themes Silver Miners ETF | 52.89% | 10.47M | May 2024 | SLVO vs AGMI | |
| Global X Silver Miners ETF | 53.41% | 3.96B | Apr 2010 | SLVO vs SIL | |
| iShares MSCI Global Silver and Metals Miners ETF | 56.38% | 775.29M | Jan 2012 | SLVO vs SLVP | |
| Amplify Junior Silver Miners ETF | 58.44% | 3.28B | Nov 2012 | SLVO vs SILJ |
Lowest Drawdown Alternatives to SLVO
SLVO has a 1-year max drawdown of -22.21%. No ETFs in the Silver category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -35.67%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Silver Miners ETF | -35.67% | 10.47M | May 2024 | SLVO vs AGMI | |
| Sprott Active Gold & Silver Miners ETF | -37.35% | 141.51M | Feb 2025 | SLVO vs GBUG | |
| iShares MSCI Global Silver and Metals Miners ETF | -38.97% | 775.29M | Jan 2012 | SLVO vs SLVP | |
| Global X Silver Miners ETF | -39.41% | 3.96B | Apr 2010 | SLVO vs SIL | |
| Amplify Junior Silver Miners ETF | -41.12% | 3.28B | Nov 2012 | SLVO vs SILJ |
Other ETFs from UBS
The 10 most viewed UBS ETFs shown here include GLDI, MLPR, HDLB and span 10 categories. AUM among these funds goes as high as $210M.
Often Compared With SLVO
Investors most often compare SLVO with KSLV, JEPI, JEPQ. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare SLVO with Any Fund or Stock
Compare SLVO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SLVO with funds that move differently
UBS ETRACS Silver Shares Covered Call ETN alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SLVO.
Explore SLVO Diversifiers