SLVX: NICHOLAS SILVER INCOME ETF
ETF Education Report: NICHOLAS SILVER INCOME ETF (SLVX)
What this ETF is trying to do
The NICHOLAS SILVER INCOME ETF (SLVX) is an exchange-traded fund listed on the NYSE. Based on its name and holdings, it focuses on silver-related assets. The fund holds a variety of different items, including silver shares and mining companies.
What the numbers show
As of September 25, 2026, the current price of one share is $14.91.
It is important to note that specific performance data for this ETF was not supplied. We do not have the year-to-date (YTD), one-year, or three-year price returns. We also do not have the total return data. Because this information is missing, we cannot say how much the share price has changed over time.
Top Holdings
The following is a partial list of the fund's largest holdings (as of October 4, 2026). Please remember that holdings can change over time.
• Other Assets and Liabilities: 33.33%
• Abrdn Physical Silver Shares ETF (SIVR): 31.79%
• SSR Mining Inc: 4.05%
• OR Royalties Inc: 3.91%
• First Majestic Silver Corp: 3.76%
• Pan American Silver Corp: 3.72%
• Silvercorp Metals Inc: 3.58%
• Fortuna Mining Corp: 3.22%
• Endeavour Silver Corp (EXK): 3.08%
• Wheaton Precious Metals Corp: 3.00%
Income and distribution explanation
This ETF focuses on providing cash to investors through distributions. The trailing distributions are $2.28 per share. This results in a distribution yield of approximately 15.32%.
The fund usually pays out money monthly. In the last 12 months, there were 29 payouts. Most of these payments occurred on Mondays.
It is very important to understand that a high distribution yield is not the same as a total return. The yield tells you how much cash was paid out relative to the share price, but it does not account for whether the share price went up or down.
NAV erosion explanation
"NAV erosion" is a term used to describe when the value of the underlying assets in a fund decreases. While some investors worry about this, there is no severe erosion-risk flag for this ETF. However, the fund's erosion score was withheld because there is not enough verified price history available to calculate it.
Pros
• The fund offers a high distribution yield of approximately 15.32%.
• It provides frequent cash payments, usually on a monthly basis.
Cons
• Total return data was not supplied, so it is impossible to see the full picture of performance.
• The income rating grade is a "C," which suggests a middle-of-the-road score for income.
Beginner takeaway
When looking at an ETF like SLVX, a high distribution yield can look very attractive. However, beginners should remember that high yields do not guarantee that the investment's value will stay the same. Always look for "total return" to see how much money was actually made after considering both cash payments and changes in the share price.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | OTHER ASSETS AND LIABILITIES | n/a | 33.33% |
| 2 | ABRDN PHYSICAL SILVER SHARES ETF | SIVR | 31.79% |
| 3 | SSR MINING INC | n/a | 4.05% |
| 4 | OR ROYALTIES INC | n/a | 3.91% |
| 5 | FIRST MAJESTIC SILVER CORP | n/a | 3.76% |
| 6 | PAN AMERICAN SILVER CORP | n/a | 3.72% |
| 7 | SILVERCORP METALS INC | n/a | 3.58% |
| 8 | FORTUNA MINING CORP | n/a | 3.22% |
| 9 | ENDEAVOUR SILVER CORP | EXK | 3.08% |
| 10 | WHEATON PRECIOUS METALS CORP | n/a | 3.00% |