KSLV vs. SLVX

Last updated Aug 2, 2026

KSLV (Kurv Silver Enhanced Income ETF) and SLVX (Nicholas Silver Income ETF) are both Silver funds. Both are actively managed. Their correlation of 0.92 means they have usually moved in the same direction. KSLV charges 1.00%/yr vs 1.16%/yr for SLVX.

Performance

KSLV vs. SLVX - Performance Comparison

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

Returns By Period

KSLV

• 1D: -2.48%
• 1M: -5.64%
• 6M: -33.87%
• YTD: -20.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SLVX

• 1D: -3.15%
• 1M: -10.80%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
KSLV Kurv Silver Enhanced Income ETF	$1.30M	$1.31M	$2.37M
SLVX Nicholas Silver Income ETF	$209.15K	$204.32K	$206.07K

KSLV vs. SLVX - Yearly Performance Comparison

	2026 (YTD)
KSLV Kurv Silver Enhanced Income ETF	-23.38%
SLVX Nicholas Silver Income ETF	-32.32%

Correlation

The correlation between KSLV and SLVX is 0.92, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 18, 2026	0.92

Return for Risk

KSLV vs. SLVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Silver Enhanced Income ETF (KSLV) and Nicholas Silver Income ETF (SLVX). 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.

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

Drawdowns

KSLV vs. SLVX - Drawdown Comparison

The maximum KSLV drawdown since its inception was -54.73%, which is greater than SLVX's maximum drawdown of -45.91%. Use the drawdown chart below to compare losses from any high point for KSLV and SLVX.

Drawdown Indicators

	KSLV	SLVX	Difference
Max Drawdown Largest peak-to-trough decline	-54.73%	-45.91%	-8.82%
Current Drawdown Current decline from peak	-53.05%	-44.39%	-8.66%
Average Drawdown Average peak-to-trough decline	-25.16%	-26.32%	+1.16%

Volatility

Volatility by Period

	KSLV	SLVX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	68.81%	59.89%	+8.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	68.81%	59.89%	+8.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	68.81%	59.89%	+8.92%

KSLV vs. SLVX - Expense Ratio Comparison

KSLV has a 1.00% expense ratio, which is lower than SLVX's 1.16% expense ratio.

Dividends

KSLV vs. SLVX - Dividend Comparison

KSLV's dividend yield for the trailing twelve months is around 27.07%, more than SLVX's 13.35% yield.

Position	TTM	2025
KSLV Kurv Silver Enhanced Income ETF	27.07%	4.42%
SLVX Nicholas Silver Income ETF	13.35%	0.00%

Frequently Asked Questions

Can I hold both KSLV and SLVX in my portfolio?

With a correlation of 0.92, KSLV and SLVX 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.

Which ETF is better, KSLV or SLVX?

On fees, KSLV is cheaper at 1.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KSLV or SLVX?

KSLV is cheaper with a 1.00% expense ratio, compared with 1.16% for SLVX.

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

KSLV has the higher dividend yield at 27.07%, compared with 13.35% for SLVX.

What is the main difference between KSLV and SLVX?

They also come from different issuers: Kurv and Nicholas Wealth. Their fees differ too: 1.00% for KSLV and 1.16% for SLVX.