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Data as of .

AGMI vs GDMN: which is really different?

AGMI and GDMN hold 26% of their weight in the same names, and AGMI returned more over the year.

Themes Silver Miners ETF and WisdomTree Efficient Gold Plus Gold Miners Strategy Fund.

12.4%AGMI in the S&P 500
12.4%GDMN in the S&P 500
+64.5%AGMI total return, 1 year
+40.2%GDMN total return, 1 year

ETFIQ Off-Index Score: GDMN scores higher

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

AGMI 74GDMN 77.70.1, the lowest in this set91.8, the highest

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

AGMI88% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
12%88%inof its weight outside the S&P 500active share 100% · top ten 63% of the fund · 38 holdings filed Jun 30, 2026 · Nasdaq-100: 0% in12%88%inof its weight outside the S&P 500active share 100% · top ten 63% of the fund
GDMN88% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
12%88%inof its weight outside the S&P 500active share 100% · top ten 61% of the fund · 54 holdings filed May 31, 2026 · Nasdaq-100: 0% in12%88%inof its weight outside the S&P 500active share 100% · top ten 61% of the fund

26% 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 GDMN hold 26% of their money in the same securities at the same weight.

Positions AGMI and GDMN both hold, largest shared weight first
HoldingAGMIGDMN
Newmont Corp9.72%12.40%
Wheaton Precious Metals Corp7.00%4.31%
Pan American Silver Corp3.99%3.93%
Coeur Mining Inc3.24%2.19%
Fresnillo PLC9.66%1.58%
Zijin Mining Group Co Ltd3.51%1.44%
SSR Mining Inc1.44%1.25%
OR Royalties Inc1.40%1.08%
GoGold Resources Inc1.65%0.13%
Fortuna Mining Corp0.08%0.31%
Shandong Gold Mining Co Ltd0.02%0.24%
Only in each
Only in AGMIOnly in GDMN
Industrias Penoles SAB de CV 9.56%BARRICK MINING CORP 8.21%
Discovery Silver Corp 6.31%AGNICO EAGLE MINES LTD 7.93%
First Majestic Silver Corp 4.61%ANGLOGOLD ASHANTI PLC 6.25%
Aya Gold & Silver Inc 4.37%KINROSS GOLD CORP 5.78%
Endeavour Silver Corp 4.16%GOLD FIELDS LTD 4.79%
Silvercorp Metals Inc 3.80%FRANCO-NEVADA CORP 3.93%
Southern Copper Corp 3.65%EVOLUTION MINING LTD 3.11%
Triple Flag Precious Metals Co 3.15%ALAMOS GOLD INC 3.06%

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 May 31, 2026.

Performance, window by window

AGMI and GDMN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
AGMIGDMNAGMIGDMNAGMIGDMN
3 months+12.8%+13.8%+10.6 pts+11.5 pts+15.3 pts+16.3 pts
6 months+25.8%+8.7%+7.7 pts−9.4 pts+1.5 pts−15.6 pts
1 year+64.5%+40.2%+47.9 pts+23.7 pts+42.7 pts+18.5 pts
3 yearsnot published+381.8%not published+303.4 ptsnot published+283.6 pts
Since launch+218.8%+342.7%+165.5 pts+268.0 pts+151.2 pts+250.7 pts
Open the live comparison on ETFIQ
AGMI and GDMN on the same fields, as of Sep 18, 2026. Source: ETFIQ.
AGMI
Themes Silver Miners ETF
Holds 38 stocks in silver miners, 12% of its weight in S&P 500 companies
GDMN
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund
Holds 54 stocks in gold miners, 12% of its weight in S&P 500 companies
IssuerThemesWisdomTree
ThemeSilver minersGold miners
In the S&P 50012.4%12.4%
Active share vs the S&P 50099.7%99.8%
In the Nasdaq-1000.0%0.0%
Holdings3854
Top ten, share of the fund63.2%60.6%
Expense ratio0.35%0.45%
Fee for the differing part0.35%0.45%
Total return, 1 year+64.5%+40.2%
vs the S&P 500+47.9 pts+23.7 pts
vs the Nasdaq-100+42.7 pts+18.5 pts
Below its high−16.1%−33.8%
Net assets$13m$223m

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.

GDMN in plain words

By weight, 12% of GDMN'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 61% of the fund across 54 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +40.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.7 pts. It sits 33.8% below its all-time high of Jan 28, 2026.

Questions people ask

Do AGMI and GDMN hold the same stocks?
By their latest filings, 26% 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 GDMN?
AGMI has 12% of its weight in S&P 500 names and GDMN has 12%, so GDMN differs more from the index.
Which is cheaper, AGMI or GDMN?
AGMI charges 0.35% a year and GDMN charges 0.45%, 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.

AGMI against GDMN, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AGMI against GDMN, data as of Sep 18, 2026. https://etfiq.com/compare/themes/agmi-vs-gdmn Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources