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| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | ▼ −2.8% | ▼ −14.2% | ▼ −7.3% | ▼ −11.6% | ▲ +6.0% | ▲ +89.3% | ▲ +75.8% | ▲ +51.4% |
| Peer average | ▼ −0.6% | ▼ −0.9% | ▲ +2.0% | ▲ +6.6% | ▲ +7.8% | ▲ +47.4% | ▲ +58.3% | — |
| S&P 500 · VOO | ▼ −0.4% | ▲ +0.9% | ▲ +3.3% | ▲ +13.8% | ▲ +13.3% | ▲ +88.8% | ▲ +81.9% | — |
Portfolio holdings do not apply to this exchange-traded note.
Portfolio holdings do not apply to this exchange-traded note. About ETNs ↗
Official documents are being connected from SEC EDGAR. Read the issuer’s prospectus before investing.
SLVO is neither the choice for those looking for exposure to physical silver nor does it provide pure exposure to silver futures. SLVO is structured as an ETN so it promises to track silver (and options on silver), not to hold it. Furthermore, its index has a notional short call position against the notional long position in the physically backed silver ETF, SLV. The calls are set to about 106% of the SLV`s price level. The covered call strategy gives investors indirect exposure to silver, but with limited upside as the nominal long position will get called away in periods of sharply rising prices or in volatile market environments. The tradeoff is yield as premiums from writing calls on an otherwise yield-less asset. SLVO aims to distribute the yield monthly, atypical for an ETN. Prior to May 31, 2024 the Issuer and counterparty credit risk of this ETN was Credit Suisse AG.
Distribution yield and SEC yield use different methodologies. Payouts may include income, capital gains, or return of capital.
| Ex-date | Pay date | Per share |
|---|---|---|
| 2026-10-21 | 2026-10-26 | $1.70 |
| 2026-09-22 | 2026-09-25 | $1.90 |
| 2026-08-20 | 2026-08-25 | $1.32 |
| 2026-07-22 | 2026-07-27 | $2.00 |
| 2026-06-22 | 2026-06-25 | $7.04 |
| 2026-05-20 | 2026-05-26 | $4.73 |
| 2026-04-22 | 2026-04-27 | $4.85 |
| 2026-03-20 | 2026-03-25 | $3.97 |
| 2026-02-20 | 2026-02-25 | $7.91 |
| 2026-01-21 | 2026-01-26 | $5.79 |
| 2025-12-22 | 2025-12-29 | $2.69 |
| 2025-11-20 | 2025-11-25 | $2.92 |
Estimated annual expense excludes trading costs and assumes constant assets. Fee waivers and fund costs can change.
Historical risk measures describe past behavior and do not predict future returns.
Hear the strategy from the people behind SLVO.