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Data as of .

IDEF vs SIL: which is really different?

IDEF and SIL hold 0% of their weight in the same names, and SIL returned more over the year.

iShares Defense Industrials Active ETF and Global X Silver Miners ETF, side by side, thematic ETFs on ETFIQ.

36.1%IDEF in the S&P 500
0.0%SIL in the S&P 500
+4.9%IDEF total return, 1 year
+49.1%SIL total return, 1 year

ETFIQ Off-Index Score: SIL scores higher

How much of it is not the index it is sold as an alternative to?

IDEF 37.7SIL 91.40.1, the lowest in this set91.4, the highest

A percentile among the 349 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

IDEF64% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
36%64%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 96% · top ten 35% of the fund · 152 holdings filed Sep 10, 2026 · Nasdaq-100: 9% in36%64%inoutside the S&P 500active share 96% · top ten 35% of the fund
SIL100% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 76% of the fund · 41 holdings filed Sep 11, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 76% of the fund

0% of the two portfolios are the same securities at the same weight.

Performance, window by window

IDEF and SIL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
IDEFSILIDEFSILIDEFSIL
3 months−1.9%+18.1%−5.2 pts+14.8 pts−1.1 pts+18.9 pts
6 months−8.5%+2.3%−24.5 pts−13.7 pts−29.2 pts−18.4 pts
1 year+4.9%+49.1%−12.6 pts+31.6 pts−18.1 pts+26.1 pts
3 yearsnot published+298.1%not published+220.2 ptsnot published+203.0 pts
Since launch+26.5%+159.8%−6.4 pts−584.6 pts−13.6 pts−1393.6 pts
Open the live comparison on ETFIQ
IDEF and SIL on the same fields, as of Sep 11, 2026. Source: ETFIQ.
IDEF
iShares Defense Industrials Active ETF
Holds 152 stocks in defense, 36% of its weight in S&P 500 companies
SIL
Global X Silver Miners ETF
Holds 41 stocks in miners and metals, 0% of its weight in S&P 500 companies
IssueriSharesGlobal X
ThemeDefenseMiners and metals
In the S&P 50036.1%0.0%
Active share vs the S&P 50095.9%100.0%
In the Nasdaq-1008.5%0.0%
Holdings15241
Top ten, share of the fund35.2%76.1%
Expense rationot published0.65%
Fee for the differing partnot published0.65%
Total return, 1 year+4.9%+49.1%
vs the S&P 500−12.6 pts+31.6 pts
vs the Nasdaq-100−18.1 pts+26.1 pts
Below its high−13.9%−18.3%

IDEF in plain words

By weight, 36% of IDEF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 35% of the fund across 152 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +4.9% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 12.6 pts. It sits 13.9% below its all-time high of Mar 2, 2026.

SIL in plain words

By weight, 0% of SIL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 76% of the fund across 41 positions, as published by its issuer for Sep 11, 2026. Over the year to Sep 11, 2026 the fund returned +49.1% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 31.6 pts. It sits 18.3% below its all-time high of Feb 27, 2026.

Questions people ask

Do IDEF and SIL hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, IDEF or SIL?
IDEF has 36% of its weight in S&P 500 names and SIL has 0%, so SIL differs more from the index.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

IDEF against SIL, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IDEF against SIL, data as of Sep 11, 2026. https://etfiq.com/compare/themes/IDEF-SIL Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources