Data as of .
AGMI vs METL: which is really different?
AGMI and METL hold 18% of their weight in the same names, and AGMI returned more over the year.
ETFIQ Off-Index Score: AGMI 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
18% 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 METL hold 18% of their money in the same securities at the same weight.
| Holding | AGMI | METL |
|---|---|---|
| Endeavour Silver Corp | 4.16% | 4.06% |
| Pan American Silver Corp | 3.99% | 3.07% |
| Freeport-McMoRan Inc | 2.65% | 2.80% |
| Wheaton Precious Metals Corp | 7.00% | 2.30% |
| Vizsla Silver Corp | 1.95% | 3.38% |
| GoGold Resources Inc | 1.65% | 2.12% |
| Coeur Mining Inc | 3.24% | 1.14% |
| Americas Gold & Silver Corp | 2.22% | 1.05% |
| Silvercorp Metals Inc | 3.80% | 0.60% |
| Only in AGMI | Only in METL |
|---|---|
| Newmont Corp 9.72% | Hudbay Minerals Inc. 4.30% |
| Fresnillo PLC 9.66% | Nucor Corp. 4.28% |
| Industrias Penoles SAB de CV 9.56% | Major Drilling Group International Inc. 4.03% |
| Discovery Silver Corp 6.31% | NexGen Energy Ltd. 3.66% |
| First Majestic Silver Corp 4.61% | Cia de Minas Buenaventura SAA 3.63% |
| Aya Gold & Silver Inc 4.37% | Cameco Corp. 3.59% |
| Southern Copper Corp 3.65% | Steel Dynamics Inc. 3.50% |
| Zijin Mining Group Co Ltd 3.51% | ATALAYA MINING COPPER SA 3.47% |
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 | METL | AGMI | METL | AGMI | METL | |
| 3 months | +12.8% | −4.2% | +10.6 pts | −6.5 pts | +15.3 pts | −1.8 pts |
| 6 months | +25.8% | +10.9% | +7.7 pts | −7.1 pts | +1.5 pts | −13.3 pts |
| 1 year | +64.5% | +32.8% | +47.9 pts | +16.2 pts | +42.7 pts | +11.0 pts |
| Since launch | +218.8% | +35.0% | +165.5 pts | +16.6 pts | +151.2 pts | +10.2 pts |
| AGMI Themes Silver Miners ETF Holds 38 stocks in silver miners, 12% of its weight in S&P 500 companies | METL Sprott Active Metals & Miners ETF Holds 45 stocks in miners and metals, 12% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Themes | Sprott |
| Theme | Silver miners | Miners and metals |
| In the S&P 500 | 12.4% | 12.5% |
| Active share vs the S&P 500 | 99.7% | 99.7% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 38 | 45 |
| Top ten, share of the fund | 63.2% | 37.9% |
| Expense ratio | 0.35% | 0.99% |
| Fee for the differing part | 0.35% | 0.99% |
| Total return, 1 year | +64.5% | +32.8% |
| vs the S&P 500 | +47.9 pts | +16.2 pts |
| vs the Nasdaq-100 | +42.7 pts | +11.0 pts |
| Below its high | −16.1% | −19.4% |
| Net assets | $13m | $85m |
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.
METL in plain words
By weight, 12% of METL'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 38% of the fund across 45 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +32.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 16.2 pts. It sits 19.4% below its all-time high of Jan 28, 2026.
Questions people ask
- Do AGMI and METL hold the same stocks?
- By their latest filings, 18% 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, AGMI or METL?
- AGMI has 12% of its weight in S&P 500 names and METL has 12%, so AGMI differs more from the index.
- Which is cheaper, AGMI or METL?
- AGMI charges 0.35% a year and METL charges 0.99%, 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 METL, data as of Sep 18, 2026. https://etfiq.com/compare/themes/agmi-vs-metl Free to use with attribution; the underlying files are at Open data.