ETF Evaluator:
Kurv Silver Enhanced Income ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Commodities Focused Over the Last Year
| 2251.5% | Breakwave Tanker Shipping ETF (BWET) |
| 81.8% | United States Gasoline (UGA) |
| 64.2% | Commodities Focused () |
| 63.3% | Invesco DB Energy (DBE) |
| 61.8% | United States Oil (USO) |
Risk
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Risk
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ETF Details
Kurv Silver Enhanced Income ETF Overview
Kurv Silver Enhanced Income ETF (KSLV) is an actively managed Commodities Commodities Focused exchange-traded fund (ETF). Kurv Investment Management LLC launched the ETF in 2025.
The investment seeks to maximize total return.
Under normal circumstances, the fund invests at least 80% of its net assets plus any borrowings for investment purposes in securities of physical silver or the securities of physical silver-related ETPs or derivatives on silver or physical silver-related ETPs. The fund will consider the investments of the underlying ETPs in which it invests when determining compliance with its 80% policy. The fund is non-diversified.
About Kurv Silver Enhanced Income ETF (KSLV)
There are 1 members of the management team with an average tenure of 0.84 years: Dominique Tersin (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
Kurv Silver Enhanced Income ETF has 15 securities in its portfolio. The top 10 holdings constitute 196.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is considered to have an ESG focus with its investment selection and management.
Kurv Silver Enhanced Income ETF is part of the Real Assets global asset class and is within the Commodities ETF group. Kurv Silver Enhanced Income ETF has 0.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.1% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 72.0% (72.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Kurv Silver Enhanced Income ETF has 32.4% of the portfolio in cash.
Assets Under Management
The fund has $88 million in total assets, which is below the $4 billion average for the Commodities Focused category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
KSLV Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Kurv Silver Enhanced Income ETF expense ratio is high compared to funds in the Commodities Focused category. Kurv Silver Enhanced Income ETF has an expense ratio of 1.00%, which is 31% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Kurv Silver Enhanced Income ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 15% for the Commodities Focused category.
Recently, in the month of July 2026, Kurv Silver Enhanced Income ETF returned -2.8%, which earned it a grade of F, as the Commodities Focused category had an average return of 5.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Kurv Silver Enhanced Income ETF has a trailing yield of 0.00%, which is below the 7.11% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Kurv Silver Enhanced Income ETF Grades
Year to date, the ETF has returned -20.8%, 52.2 percentage points worse than the category, which translates into a grade of F.
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KSLV Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| KSLV Return (NAV) | -2.8% | -22.8% | na | na | na | na |
| KSLV Return (Price) | -2.8% | -22.7% | na | na | na | na |
| NAV +/- Price Return | 0.001% | -0.047% | na | na | na | na |
| Commodities Focused Avg | 5.1% | -6.8% | 64.2% | 14.3% | 9.6% | 6.0% |
| KSLV Grade (NAV) | F | F | na | na | na | na |
| +/- Category (NAV) | -7.9% | -15.9% | na | na | na | na |
| KSLV Tax-Cost Ratio | na | na | na | na | na | na |
KSLV Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| KSLV Return (NAV) | -20.8% | na | na | na | na | na | na | na | na | na | na |
| KSLV Return (Price) | -20.8% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.000% | na | na | na | na | na | na | na | na | na | na |
| Commodities Focused Avg | 31.4% | 35.6% | 6.2% | -1.1% | 9.2% | 27.8% | 1.5% | 14.9% | -9.5% | 3.1% | 10.0% |
| KSLV Grade (NAV) | F | na | na | na | na | na | na | na | na | na | na |
| +/- Category | -52.2% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | -- |
| Total Assets: | $ 89 Mil |
| Share Class Assets: | $ 89 Mil |
| Turnover: | na |
| Expense Ratio: | 1.00% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | Yes |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 0.8 years | |||
| Average Tenure: 0.8 years | |||
| Managers (Year): Tersin Dominique (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 15 |
| % in Top 10 Holdings: | 196.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 0.0% |
Portfolio Allocation |
|
| Domestic Stock: | 1.1% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 72.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -5.5% |
| Cash: | 32.4% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Kurv Investment Management LLC |
| Phone Number: | 888-719-5878 |
| Website: | |
| Inception Date: | September 29, 2025 |
Expenses and Fees
| Expense Ratio (%): | 1.00% (Rating: High) |
| Category Average Expense Ratio (%): | 0.76% |
