KSLV vs. SLVP

Last updated Jun 4, 2026

KSLV (Kurv Silver Enhanced Income ETF) and SLVP (iShares MSCI Global Silver and Metals Miners ETF) are both Silver funds. KSLV is actively managed, while SLVP is passively managed. Their correlation of 0.83 suggests significant overlap in exposure. KSLV charges 1.00%/yr vs 0.39%/yr for SLVP.

Performance

KSLV vs. SLVP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Silver Enhanced Income ETF (KSLV) and iShares MSCI Global Silver and Metals Miners ETF (SLVP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KSLV achieves a 1.22% return, which is significantly lower than SLVP's 2.25% return.

KSLV

• 1D: -2.82%
• 1M: -0.37%
• YTD: 1.22%
• 6M: 21.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SLVP

• 1D: -5.14%
• 1M: 1.42%
• YTD: 2.25%
• 6M: 13.09%
• 1Y: 112.07%
• 3Y*: 52.07%
• 5Y*: 15.97%
• 10Y*: 13.67%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KSLV vs. SLVP - Yearly Performance Comparison

	2026 (YTD)	2025
KSLV Kurv Silver Enhanced Income ETF	1.22%	48.94%
SLVP iShares MSCI Global Silver and Metals Miners ETF	2.25%	27.37%

Correlation

The correlation between KSLV and SLVP is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	0.83

Return for Risk

KSLV vs. SLVP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SLVP

SLVP Risk / Return Rank: 55
SLVP Sharpe Ratio Rank: 62
SLVP Sortino Ratio Rank: 48
SLVP Omega Ratio Rank: 51
SLVP Calmar Ratio Rank: 66
SLVP Martin Ratio Rank: 50

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KSLV vs. SLVP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Silver Enhanced Income ETF (KSLV) and iShares MSCI Global Silver and Metals Miners ETF (SLVP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	KSLV	SLVP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.12	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.38	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.32	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	0.09	+1.08

Drawdowns

KSLV vs. SLVP - Drawdown Comparison

The maximum KSLV drawdown since its inception was -44.77%, smaller than the maximum SLVP drawdown of -80.47%. Use the drawdown chart below to compare losses from any high point for KSLV and SLVP.

Drawdown Indicators

	KSLV	SLVP	Difference
Max Drawdown Largest peak-to-trough decline	-44.77%	-80.47%	+35.70%
Max Drawdown (1Y) Largest decline over 1 year	—	-33.57%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-33.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-54.78%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-62.03%	—
Current Drawdown Current decline from peak	-40.01%	-26.25%	-13.76%
Average Drawdown Average peak-to-trough decline	-19.42%	-46.82%	+27.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	13.18%	—

Volatility

Volatility by Period

	KSLV	SLVP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	17.59%	—
Volatility (6M) Calculated over the trailing 6-month period	—	43.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	72.60%	53.06%	+19.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	72.60%	42.76%	+29.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.60%	42.24%	+30.36%

KSLV vs. SLVP - Expense Ratio Comparison

KSLV has a 1.00% expense ratio, which is higher than SLVP's 0.39% expense ratio.

Dividends

KSLV vs. SLVP - Dividend Comparison

KSLV's dividend yield for the trailing twelve months is around 16.53%, more than SLVP's 1.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
KSLV Kurv Silver Enhanced Income ETF	16.53%	4.42%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SLVP iShares MSCI Global Silver and Metals Miners ETF	1.74%	1.78%	1.05%	0.88%	0.63%	1.63%	2.39%	2.03%	1.28%	0.85%	2.32%	0.72%

Frequently Asked Questions

Can I hold both KSLV and SLVP in my portfolio?

KSLV and SLVP have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KSLV or SLVP?

On fees, SLVP is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KSLV or SLVP?

SLVP is cheaper with a 0.39% expense ratio, compared with 1.00% for KSLV.

Which ETF pays a higher dividend yield, KSLV or SLVP?

KSLV has the higher dividend yield at 16.53%, compared with 1.74% for SLVP.

What is the main difference between KSLV and SLVP?

They also come from different issuers: Kurv and iShares. Their fees differ too: 1.00% for KSLV and 0.39% for SLVP.