Nicholas Silver Income ETF (SLVX) 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 SLVX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SLVX
SLVX charges 1.16% annually. There are 12 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% | 4.82B | Jul 2009 | SLVX vs SIVR | |
| Themes Silver Miners ETF | 0.35% | 13.36M | May 2024 | SLVX vs AGMI | |
| iShares MSCI Global Silver and Metals Miners ETF | 0.39% | 893.65M | Jan 2012 | SLVX vs SLVP | |
| iShares Silver Trust | 0.50% | 32.53B | Apr 2006 | SLVX vs SLV | |
| Sprott Physical Silver Trust | 0.51% | — | Oct 2010 | SLVX vs PSLV |
Best Risk-Adjusted Alternatives to SLVX
Among 12 ETFs in the Silver category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 51.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Silver Miners ETF | 51 | 13.36M | May 2024 | SLVX vs AGMI | |
| UBS ETRACS Silver Shares Covered Call ETN | 50 | 412.72M | Apr 2013 | SLVX vs SLVO | |
| Amplify Junior Silver Miners ETF | 44 | 3.79B | Nov 2012 | SLVX vs SILJ | |
| iShares MSCI Global Silver and Metals Miners ETF | 44 | 893.65M | Jan 2012 | SLVX vs SLVP | |
| Global X Silver Miners ETF | 39 | 4.57B | Apr 2010 | SLVX vs SIL |
Top Performing SLVX Alternatives (YTD)
Among 13 ETFs in the Silver category with YTD return data, the top-performing alternatives shown here go as high as 5.17%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| UBS ETRACS Silver Shares Covered Call ETN | 5.17% | 412.72M | Apr 2013 | SLVX vs SLVO | |
| Themes Silver Miners ETF | 3.09% | 13.36M | May 2024 | SLVX vs AGMI | |
| Amplify Junior Silver Miners ETF | 0.90% | 3.79B | Nov 2012 | SLVX vs SILJ | |
| Global X Silver Miners ETF | 0.25% | 4.57B | Apr 2010 | SLVX vs SIL | |
| Sprott Silver Miners & Physical Silver ETF | -2.83% | 705.43M | Jan 2025 | SLVX vs SLVR |
Lowest Volatility Alternatives to SLVX
SLVX has 62.35% 1-year volatility. There are 9 ETFs in the Silver category with lower 1-year volatility, going as low as 30.94%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| UBS ETRACS Silver Shares Covered Call ETN | 30.94% | 412.72M | Apr 2013 | SLVX vs SLVO | |
| Sprott Active Gold & Silver Miners ETF | 50.06% | 151.69M | Feb 2025 | SLVX vs GBUG | |
| Themes Silver Miners ETF | 51.36% | 13.36M | May 2024 | SLVX vs AGMI | |
| Global X Silver Miners ETF | 52.33% | 4.57B | Apr 2010 | SLVX vs SIL | |
| iShares MSCI Global Silver and Metals Miners ETF | 55.15% | 893.65M | Jan 2012 | SLVX vs SLVP |
Lowest Drawdown Alternatives to SLVX
Among 12 ETFs in the Silver category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -17.23%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| UBS ETRACS Silver Shares Covered Call ETN | -17.23% | 412.72M | Apr 2013 | SLVX vs SLVO | |
| Themes Silver Miners ETF | -34.40% | 13.36M | May 2024 | SLVX vs AGMI | |
| Sprott Active Gold & Silver Miners ETF | -36.90% | 151.69M | Feb 2025 | SLVX vs GBUG | |
| Global X Silver Miners ETF | -37.08% | 4.57B | Apr 2010 | SLVX vs SIL | |
| iShares MSCI Global Silver and Metals Miners ETF | -38.06% | 893.65M | Jan 2012 | SLVX vs SLVP |
Other ETFs from Nicholas Wealth
The 1 most viewed Nicholas Wealth ETFs shown here include NUKX and span 2 categories. AUM among these funds goes as high as $4M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nicholas Nuclear Income ETF | Derivative Income, Alternative Energy Equities | — | — | 4.09M | Mar 2026 | SLVX vs NUKX |
Often Compared With SLVX
Investors most often compare SLVX with KSLV. These 1 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Kurv Silver Enhanced Income ETF | Silver, Derivative Income, Precious Metals | — | -9.35% | 96.83M | Sep 2025 | SLVX vs KSLV |
Compare SLVX with Any Fund or Stock
Compare SLVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SLVX with funds that move differently
Nicholas Silver Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SLVX.
Explore SLVX Diversifiers