Nicholas Silver Income ETF (SLVX)

Nicholas Silver Income ETF (SLVX) is an exchange-traded fund in the Equity Precious Metals category. It has $8.94M in assets and an expense ratio of 1.16%. Under normal circumstances, the fund will invest at least 80% of the value of its assets, plus borrowings for investment purposes, in (i) the equity securities of Silver Industry Companies, (ii) options contracts on Silver Industry Companies, (iii) underlying funds, and (iv) options contracts and futures contracts on underlying funds. The fund is non-diversified.