KSLV vs. SLV
KSLV (Kurv Silver Enhanced Income ETF) and SLV (iShares Silver Trust) are both Silver funds. KSLV is actively managed, while SLV is passively managed. With a 0.99 correlation, they move nearly in lockstep. KSLV charges 1.00%/yr vs 0.50%/yr for SLV.
Performance
KSLV vs. SLV - Performance Comparison
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Returns By Period
In the year-to-date period, KSLV achieves a -10.35% return, which is significantly lower than SLV's -8.55% return.
KSLV
- 1D
- -1.10%
- 1M
- -14.26%
- YTD
- -10.35%
- 6M
- -7.45%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SLV
- 1D
- -1.01%
- 1M
- -13.82%
- YTD
- -8.55%
- 6M
- -5.70%
- 1Y
- 80.04%
- 3Y*
- 41.99%
- 5Y*
- 19.74%
- 10Y*
- 13.31%
KSLV vs. SLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KSLV Kurv Silver Enhanced Income ETF | -10.35% | 49.94% |
SLV iShares Silver Trust | -8.55% | 51.58% |
Correlation
The correlation between KSLV and SLV is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025 | 0.99 |
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Return for Risk
KSLV vs. SLV — Risk / Return Rank
KSLV
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SLV
KSLV vs. SLV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Kurv Silver Enhanced Income ETF (KSLV) and iShares Silver Trust (SLV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| KSLV | SLV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.28 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.77 | — |
| Martin ratioReturn relative to average drawdown | — | 3.70 | — |
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Drawdowns
KSLV vs. SLV - Drawdown Comparison
The maximum KSLV drawdown since its inception was -47.97%, smaller than the maximum SLV drawdown of -76.28%. Use the drawdown chart below to compare losses from any high point for KSLV and SLV.
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Drawdown Indicators
| KSLV | SLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.97% | -76.28% | +28.31% |
Max Drawdown (1Y)Largest decline over 1 year | — | -45.40% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -45.40% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -45.40% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.40% | — |
Current DrawdownCurrent decline from peak | -46.86% | -44.21% | -2.65% |
Average DrawdownAverage peak-to-trough decline | -20.98% | -44.65% | +23.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 21.70% | — |
Volatility
KSLV vs. SLV - Volatility Comparison
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Volatility by Period
| KSLV | SLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 13.67% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 59.03% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 71.70% | 60.18% | +11.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.70% | 36.51% | +35.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.70% | 32.05% | +39.65% |
KSLV vs. SLV - Expense Ratio Comparison
KSLV has a 1.00% expense ratio, which is higher than SLV's 0.50% expense ratio.
Dividends
KSLV vs. SLV - Dividend Comparison
KSLV's dividend yield for the trailing twelve months is around 21.19%, while SLV has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
KSLV Kurv Silver Enhanced Income ETF | 21.19% | 4.42% |
SLV iShares Silver Trust | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.99, KSLV and SLV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, SLV is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SLV is cheaper with a 0.50% expense ratio, compared with 1.00% for KSLV.
KSLV has the higher dividend yield at 21.19%, compared with 0.00% for SLV.
They also come from different issuers: Kurv and iShares. Their fees differ too: 1.00% for KSLV and 0.50% for SLV.
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