Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Fund Details
Upturn AI Summary
Credit Suisse X-Links Silver Shares Covered Call ETN(SLVO)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for SLVO
10/28/2026: SLVO (1-star) is currently NOT-A-BUY. Pass it for now.
SLVO is an Exchange Traded Note that provides silver price exposure while implementing a covered call strategy to generate monthly income. It is best suited for income-oriented investors who want to monetize their silver holding during periods of range-bound or moderate growth. While it offers a unique yield-generating mechanism, investors must be aware of the capped upside, the inherent volatility of silver, and the credit risk associated with the issuer. It is not designed for those seeking maximum capital appreciation or low-risk exposure.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The capped upside of the covered call strategy limits the capital appreciation potential sought by growth investors. |
| Momentum investor | Weak fit | The strategy effectively neutralizes momentum by capping upside potential through call selling. |
| Value investor | Mixed fit | Income-focused value investors may appreciate the cash yield, though the underlying asset volatility remains high. |
| Dividend/Income investor | Strong fit | This ETN is specifically designed to generate income from a non-yielding asset like silver. |
| Low-risk investor | Weak fit | Silver is a highly volatile commodity, and the ETN structure introduces credit risk, making it unsuitable for low-risk portfolios. |
Investor Profile
Ideal Investor Profile
The ideal investor is one seeking income from a precious metals allocation and who holds a neutral to moderately bullish view on silver.
Suitability
Best for investors who understand the risks of ETNs and the specific mechanics of a covered call strategy.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Silver prices exhibit significant fluctuations, which directly impact the value of the ETN. |
| Market risk | High | The strategy is subject to the inherent risks of the precious metals market. |
| Concentration | High | The fund is concentrated entirely in the silver market. |
| Tracking/expense | Medium | The ETN structure involves specific tracking risks and credit risk related to the issuer. |
| Liquidity | Medium | Secondary market liquidity can fluctuate based on silver price dynamics. |
| Business/sector quality | Medium | The performance is dependent on the viability of the issuer and the underlying commodity market. |
Risk Analysis
Volatility
SLVO is subject to the high inherent volatility of the silver market.
Market Risk
The primary risk is the price movement of silver, compounded by the capped upside nature of the call writing strategy.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Commodity | iShares Silver Trust (SLV) — Long position | 100 | This provides the primary exposure to the physical price movements of silver. |
| Derivatives | Short Call Options on SLV | The strategy sells call options to generate premium income, which caps upside potential in exchange for current cash flow. |
Price Behavior
Downtrend
The stock has experienced a sustained decline in price over recent periods.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type ETF | Historic Profit 22.15% | Avg. Invested days 50 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  4.0 |
| Profits based on simulation | Last Close 10/28/2026 |
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.