Data as of .
AGMI vs GBUG: which is really different?
AGMI and GBUG hold 22% of their weight in the same names, and AGMI returned more over the year.
ETFIQ Off-Index Score: GBUG scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 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
22% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, AGMI and GBUG hold 22% of their money in the same securities at the same weight.
| Holding | AGMI | GBUG |
|---|---|---|
| Discovery Silver Corp | 6.31% | 4.55% |
| Newmont Corp | 9.72% | 3.32% |
| Wheaton Precious Metals Corp | 7.00% | 3.31% |
| Coeur Mining Inc | 3.24% | 3.82% |
| Endeavour Silver Corp | 4.16% | 1.58% |
| Vizsla Silver Corp | 1.95% | 1.50% |
| SSR Mining Inc | 1.44% | 1.78% |
| OR Royalties Inc | 1.40% | 0.91% |
| Pan American Silver Corp | 3.99% | 0.69% |
| AbraSilver Resource Corp | 2.61% | 0.53% |
| Americas Gold & Silver Corp | 2.22% | 0.53% |
| Only in AGMI | Only in GBUG |
|---|---|
| Fresnillo PLC 9.66% | DPM Metals Inc. 5.29% |
| Industrias Penoles SAB de CV 9.56% | G Mining Ventures Corp. 4.94% |
| First Majestic Silver Corp 4.61% | IAMGOLD Corp. 4.15% |
| Aya Gold & Silver Inc 4.37% | Eldorado Gold Corp. 4.00% |
| Silvercorp Metals Inc 3.80% | Montage Gold Corp. 4.00% |
| Southern Copper Corp 3.65% | Wesdome Gold Mines Ltd. 3.81% |
| Zijin Mining Group Co Ltd 3.51% | Emerald Resources NL 3.17% |
| Triple Flag Precious Metals Co 3.15% | Agnico Eagle Mines Ltd. 3.16% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AGMI | GBUG | AGMI | GBUG | AGMI | GBUG | |
| 3 months | +12.8% | +19.9% | +10.6 pts | +17.6 pts | +15.3 pts | +22.4 pts |
| 6 months | +25.8% | +26.4% | +7.7 pts | +8.4 pts | +1.5 pts | +2.2 pts |
| 1 year | +64.5% | +50.5% | +47.9 pts | +33.9 pts | +42.7 pts | +28.7 pts |
| Since launch | +218.8% | +150.3% | +165.5 pts | +123.0 pts | +151.2 pts | +115.0 pts |
| AGMI Themes Silver Miners ETF Holds 38 stocks in silver miners, 12% of its weight in S&P 500 companies | GBUG Sprott Active Gold & Silver Miners ETF Holds 44 stocks in gold miners, 3% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Themes | Sprott |
| Theme | Silver miners | Gold miners |
| In the S&P 500 | 12.4% | 3.3% |
| Active share vs the S&P 500 | 99.7% | 99.8% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 38 | 44 |
| Top ten, share of the fund | 63.2% | 41.2% |
| Expense ratio | 0.35% | 0.90% |
| Fee for the differing part | 0.35% | 0.90% |
| Total return, 1 year | +64.5% | +50.5% |
| vs the S&P 500 | +47.9 pts | +33.9 pts |
| vs the Nasdaq-100 | +42.7 pts | +28.7 pts |
| Below its high | −16.1% | −14.2% |
| Net assets | $13m | $192m |
AGMI in plain words
By weight, 12% of AGMI'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 63% of the fund across 38 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +64.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 47.9 pts. It sits 16.1% below its all-time high of Feb 27, 2026.
GBUG in plain words
By weight, 3% of GBUG'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 41% of the fund across 44 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +50.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 33.9 pts. It sits 14.2% below its all-time high of Feb 27, 2026.
Questions people ask
- Do AGMI and GBUG hold the same stocks?
- By their latest filings, 22% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, AGMI or GBUG?
- AGMI has 12% of its weight in S&P 500 names and GBUG has 3%, so GBUG differs more from the index.
- Which is cheaper, AGMI or GBUG?
- AGMI charges 0.35% a year and GBUG charges 0.90%, so AGMI is cheaper. Fees come from each fund's prospectus.
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.
Cite this page. ETFIQ, AGMI against GBUG, data as of Sep 18, 2026. https://etfiq.com/compare/themes/agmi-vs-gbug Free to use with attribution; the underlying files are at Open data.