SLJY vs. KSLV

Last updated Jul 14, 2026

SLJY (Amplify SILJ Covered Call ETF) and KSLV (Kurv Silver Enhanced Income ETF) are both exchange-traded funds - SLJY is a Derivative Income fund actively managed by Amplify, while KSLV is a Silver fund actively managed by Kurv. Both are actively managed. Their correlation of 0.86 suggests significant overlap in exposure. SLJY charges 0.75%/yr vs 1.00%/yr for KSLV.

Performance

SLJY vs. KSLV - Performance Comparison

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

Returns By Period

In the year-to-date period, SLJY achieves a -8.18% return, which is significantly higher than KSLV's -21.33% return.

SLJY

• 1D: -2.40%
• 1M: -8.44%
• 6M: -18.96%
• YTD: -8.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

KSLV

• 1D: -4.05%
• 1M: -15.53%
• 6M: -35.34%
• YTD: -21.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SLJY vs. KSLV - Yearly Performance Comparison

	2026 (YTD)	2025
SLJY Amplify SILJ Covered Call ETF	-8.18%	17.47%
KSLV Kurv Silver Enhanced Income ETF	-21.33%	49.94%

Correlation

The correlation between SLJY and KSLV is 0.86, 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 Sep 30, 2025	0.86

Return for Risk

SLJY vs. KSLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify SILJ Covered Call ETF (SLJY) and Kurv Silver Enhanced Income ETF (KSLV). 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

SLJY vs. KSLV - Drawdown Comparison

The maximum SLJY drawdown since its inception was -33.74%, smaller than the maximum KSLV drawdown of -53.51%. Use the drawdown chart below to compare losses from any high point for SLJY and KSLV.

Drawdown Indicators

	SLJY	KSLV	Difference
Max Drawdown Largest peak-to-trough decline	-33.74%	-53.51%	+19.77%
Current Drawdown Current decline from peak	-33.21%	-53.37%	+20.16%
Average Drawdown Average peak-to-trough decline	-11.85%	-23.17%	+11.32%

Volatility

Volatility by Period

	SLJY	KSLV	Difference
Volatility (1Y) Calculated over the trailing 1-year period	49.79%	70.49%	-20.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.79%	70.49%	-20.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	49.79%	70.49%	-20.70%

SLJY vs. KSLV - Expense Ratio Comparison

SLJY has a 0.75% expense ratio, which is lower than KSLV's 1.00% expense ratio.

Dividends

SLJY vs. KSLV - Dividend Comparison

SLJY's dividend yield for the trailing twelve months is around 22.17%, less than KSLV's 24.15% yield.

Position	TTM	2025
KSLV Kurv Silver Enhanced Income ETF	24.15%	4.42%
SLJY Amplify SILJ Covered Call ETF	22.17%	6.26%

Frequently Asked Questions

Can I hold both SLJY and KSLV in my portfolio?

SLJY and KSLV have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SLJY or KSLV?

On fees, SLJY is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SLJY or KSLV?

SLJY is cheaper with a 0.75% expense ratio, compared with 1.00% for KSLV.

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

KSLV has the higher dividend yield at 24.15%, compared with 22.17% for SLJY.

What is the main difference between SLJY and KSLV?

SLJY is categorized as Derivative Income, while KSLV is Silver. They also come from different issuers: Amplify and Kurv. Their fees differ too: 0.75% for SLJY and 1.00% for KSLV.