SLVY First Trust Exchange -Traded Fund - FT Vest Silver Strategy & Target Income ETF
Quote as of Oct 23, 2026 19:59 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 18.56 | Day Range | 18.29 – 18.45 |
| 52-Week Range | 18.24 – 23.40 | Volume | 4.04K |
| Avg Volume | 1.43K | AUM | $916.1K (Oct 26, 2026) |
| Expense Ratio | 0.85% | Yield (TTM) | 2.00% |
| NAV | 18.32 | Premium/Discount | +0.22% indicative |
| Inception | Jul 08, 2026 | Holdings | 7 |
| Issuer | First Trust | Exchange | CBOE |
| Category | Silver | Index Tracked | Not stated in source data |
| CUSIP | 33733E625 | ISIN | US33733E6251 |
| Management | Not stated in source data | ||
About this ETF
SLVY uses FLEX options, short-term treasuries and cash-like investments to participate in the price performance of the IShares Silver Trust (SLV). The fund aims to provide consistent income, on an annual basis of about 4.0% above yields of one-month T-bills. For tax purposes, SLVY does not hold the FLEX options or silver directly but gets its exposure through a wholly-owned Cayman Island subsidiary. The fund participates in the gains of SLV on about 50-100% basis by purchasing call options. SLVY utilizes a partial covered call strategy wherein a portion of the upside price return of SLV is converted into current income. To implement this strategy, SLVY will sell call options with an expiration date less than or equal to one month in the future. While the fund provides additional income through FLEX options, it does not provide buffers for losses, it fully participates in SLVs losses on a one-to-one basis.
Description from the fund data provider · profile as of Oct 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -15.74% | -8.38% | — | — | — | — | — | — | -10.66% |
| Total return | -15.24% | -6.75% | — | — | — | — | — | — | -9.06% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.85% | Annual cost of a $10,000 investment | $85.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 24, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 6 holdings stored.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | 2026-11-30 S&P 500® Mini Index P 2,988.40 | — | 313.98% | 13 | — |
| 2 | US Dollar | — | 2.45% | 22.42K | $22.4K |
| 3 | 2026-11-30 iShares Silver Trust C 52.83 | — | 2.02% | 186 | $18.5K |
| 4 | 2026-10-30 iShares Silver Trust C 54.51 | — | -0.01% | -30 | -$126.90 |
| 5 | 2026-11-30 iShares Silver Trust P 52.83 | — | -9.94% | -186 | -$91.1K |
| 6 | 2026-11-30 S&P 500® Mini Index P 2,241.30 | — | -208.49% | -13 | — |
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Distributions
| Yield (TTM) | 2.00% | Paid (last 12 months) | $0.3676 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 01, 2026 | Last payment | $0.1230 (Oct 02, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 01, 2026 | Oct 01, 2026 | Oct 02, 2026 | $0.1230 |
| Sep 01, 2026 | Sep 01, 2026 | Sep 02, 2026 | $0.1292 |
| Aug 03, 2026 | Aug 03, 2026 | Aug 04, 2026 | $0.1154 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
Liquidity
| Volume today | 4.04K | Average volume | 1.43K |
| AUM | $916.1K | Premium/Discount | +0.22% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Week | -$233.00 | -0.02% | $966.7K → $916.1K |
| 1 Month | $6.6K | +0.61% | $1.1M → $916.1K |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for SLVY
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.