SLVYFT Vest Silver Strategy & Target Income ETF
Seeks current income and capital appreciation.
By First Trust · Launched 2026
0.85%
#4,586 of 5,942 · expensive
$1.0M
#5,672 of 5,942 · small
—
1 month
#5,839 of 5,942 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightAsset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsWorst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks current income and capital appreciation.
- Strategy
- Seeks current income and capital appreciation by delivering partial participation in the price returns of the iShares Silver Trust through options contracts and short-term U.S. Treasury securities. Utilizes the Underlying ETF as a reference asset for income generation.
- Inception date
- July 7, 2026
- Fund family
- First Trust
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
The big yield isn't extra money
The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.
Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-08-25