# SLVO ETF returns, drawdowns and dividends

> SLVO (ETRACS Silver Shares Covered Call ETNs due April 21, 2033): 1-year total return +8.79%, price return -37.16%, max drawdown 47.06%, trailing yield 82.29%. Daily data through Oct. 26, 2026.

Source: https://findetfstock.com/etf/slvo/ · Prices through: 2026-10-26 · Data: Yahoo Finance daily closes and ex-dividend amounts

ETRACS Silver Shares Covered Call ETNs due April 21, 2033 (option income ETF). Total assets: $401M, average daily dollar volume $11M (3 months), as of 2026-10-26 (Yahoo Finance; fund net assets, all share classes).

SLVO gained 8.79% over the past year with dividends reinvested (-37.16% on price alone), based on closing prices through Oct. 26, 2026. Over the last 5.3 years (since July 16, 2021) it gained 72.99% with dividends reinvested, or +10.94% a year. Its largest fall from a peak over the past year was 47.06%, and it closed 52.35% below its highest close since July 16, 2021 ($119.40 on July 16, 2021). It pays dividends monthly: $46.81 per share over the last 12 months, a trailing yield of 82.29%. 

## Returns by period

| Period | Since | Total return | Price return |
|---|---|---|---|
| 1 month | 2026-09-25 | -14.01% | -16.36% |
| 3 months | 2026-07-24 | -2.45% | -9.32% |
| 6 months | 2026-04-24 | -15.43% | -34.36% |
| Year to date | 2025-12-31 | -6.92% | -43.04% |
| 1 year | 2025-10-24 | +8.79% | -37.16% |
| 3 years | 2023-10-26 | +100.30% (+26.05%/yr) | -19.82% (-7.10%/yr) |
| 5 years | 2021-07-16 | +72.99% (+10.94%/yr) | -52.35% (-13.10%/yr) |

Total return reinvests every dividend at the ex-dividend date close. Price return excludes dividends.

## Did the payouts keep up with the price?

Over the past year SLVO paid out 51.71% of its starting price in distributions, while its price changed -37.16%. Reinvesting every payment gave a total return of +8.79%. The share price fell, but the payouts more than made up for it.

## Calendar-year returns

| Year | Total return | Price return |
|---|---|---|
| 2026 (year to date) | -6.92% | -43.04% |
| 2025 | +71.20% | +36.70% |
| 2024 | +19.08% | -1.11% |
| 2023 | -2.44% | -16.43% |
| 2022 | +2.99% | -12.98% |

## Drawdowns

| Measure | Value |
|---|---|
| Max drawdown, 1 year | 47.06% |
| Max drawdown, 3 years | 47.06% |
| Max drawdown, 5 years | 48.87% |
| Highest close since 2021-07-16 | $119.40 on 2021-07-16 (-52.35% from there) |
| 52-week closing range | $56.86 to $107.41 |

Deepest fall in the stored history: 52.38%, from 2021-07-16 to 2026-10-23, not yet recovered.

## Dividends

Trailing 12 months: $46.81 per share in 12 payments, yield 82.29%. Last ex-dividend date: 2026-10-21 ($1.70).

| Year | Dividends per share | Payments |
|---|---|---|
| 2026 (so far) | $41.21 | 10 |
| 2025 | $19.32 | 12 |
| 2024 | $14.88 | 12 |
| 2023 | $12.19 | 12 |
| 2022 | $15.32 | 12 |

Historical data for research and education, not investment advice. Methodology: https://findetfstock.com/methodology/