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
Loading charts...
Returns By Period
In the year-to-date period, KSLV achieves a -15.57% return, which is significantly lower than SLV's -13.49% return.
KSLV
- 1D
- -5.82%
- 1M
- -19.25%
- YTD
- -15.57%
- 6M
- -16.31%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SLV
- 1D
- -5.40%
- 1M
- -18.48%
- YTD
- -13.49%
- 6M
- -14.05%
- 1Y
- 69.08%
- 3Y*
- 39.38%
- 5Y*
- 18.31%
- 10Y*
- 12.68%
KSLV vs. SLV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
KSLV Kurv Silver Enhanced Income ETF | -15.57% | 49.94% |
SLV iShares Silver Trust | -13.49% | 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 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 | — | 1.25 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.47 | — |
| Martin ratioReturn relative to average drawdown | — | 3.16 | — |
Loading charts...
Drawdowns
KSLV vs. SLV - Drawdown Comparison
The maximum KSLV drawdown since its inception was -49.96%, 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.
Loading charts...
Drawdown Indicators
| KSLV | SLV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.96% | -76.28% | +26.32% |
Max Drawdown (1Y)Largest decline over 1 year | — | -47.23% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -47.23% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.23% | — |
Current DrawdownCurrent decline from peak | -49.96% | -47.23% | -2.73% |
Average DrawdownAverage peak-to-trough decline | -21.14% | -44.65% | +23.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 21.91% | — |
Volatility
KSLV vs. SLV - Volatility Comparison
Loading charts...
Volatility by Period
| KSLV | SLV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 14.34% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 59.27% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 71.86% | 60.33% | +11.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.86% | 36.59% | +35.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.86% | 32.09% | +39.77% |
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 22.50%, while SLV has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
KSLV Kurv Silver Enhanced Income ETF | 22.50% | 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 22.50%, 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.
Find the right allocation for KSLV and SLV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer