Data as of .
AGMI vs SGDM: which is really different?
AGMI and SGDM hold 28% of their weight in the same names, and AGMI returned more over the year.
ETFIQ Off-Index Score: SGDM 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
28% 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 SGDM hold 28% of their money in the same securities at the same weight.
| Holding | AGMI | SGDM |
|---|---|---|
| Newmont Corp | 9.72% | 7.42% |
| Wheaton Precious Metals Corp | 7.00% | 7.22% |
| Pan American Silver Corp | 3.99% | 3.69% |
| Coeur Mining Inc | 3.24% | 3.57% |
| Triple Flag Precious Metals Co | 3.15% | 2.68% |
| Discovery Silver Corp | 6.31% | 2.58% |
| OR Royalties Inc | 1.40% | 2.72% |
| SSR Mining Inc | 1.44% | 0.30% |
| Fortuna Mining Corp | 0.08% | 2.41% |
| Only in AGMI | Only in SGDM |
|---|---|
| Fresnillo PLC 9.66% | Agnico Eagle Mines Ltd. 9.67% |
| Industrias Penoles SAB de CV 9.56% | Barrick Mining Corp. 7.36% |
| First Majestic Silver Corp 4.61% | Franco-Nevada Corp. 6.04% |
| Aya Gold & Silver Inc 4.37% | Kinross Gold Corp. 4.47% |
| Endeavour Silver Corp 4.16% | Endeavour Mining PLC 3.30% |
| Silvercorp Metals Inc 3.80% | Lundin Gold Inc. 3.19% |
| Southern Copper Corp 3.65% | IAMGOLD Corp. 3.14% |
| Zijin Mining Group Co Ltd 3.51% | Harmony Gold Mining Co. Ltd. 3.12% |
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 | SGDM | AGMI | SGDM | AGMI | SGDM | |
| 3 months | +12.8% | +17.8% | +10.6 pts | +15.5 pts | +15.3 pts | +20.3 pts |
| 6 months | +25.8% | +20.2% | +7.7 pts | +2.2 pts | +1.5 pts | −4.0 pts |
| 1 year | +64.5% | +43.7% | +47.9 pts | +27.1 pts | +42.7 pts | +21.9 pts |
| 3 years | not published | +234.7% | not published | +156.3 pts | not published | +136.6 pts |
| Since launch | +218.8% | +261.2% | +165.5 pts | −112.7 pts | +151.2 pts | −467.4 pts |
| AGMI Themes Silver Miners ETF Holds 38 stocks in silver miners, 12% of its weight in S&P 500 companies | SGDM Sprott Gold Miners ETF Holds 48 stocks in gold miners, 7% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Themes | Sprott |
| Theme | Silver miners | Gold miners |
| In the S&P 500 | 12.4% | 7.4% |
| Active share vs the S&P 500 | 99.7% | 99.8% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 38 | 48 |
| Top ten, share of the fund | 63.2% | 55.9% |
| Expense ratio | 0.35% | 0.46% |
| Fee for the differing part | 0.35% | 0.46% |
| Total return, 1 year | +64.5% | +43.7% |
| vs the S&P 500 | +47.9 pts | +27.1 pts |
| vs the Nasdaq-100 | +42.7 pts | +21.9 pts |
| Below its high | −16.1% | −15.9% |
| Net assets | $13m | $713m |
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.
SGDM in plain words
By weight, 7% of SGDM'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 56% of the fund across 48 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +43.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 27.1 pts. It sits 15.9% below its all-time high of Mar 2, 2026.
Questions people ask
- Do AGMI and SGDM hold the same stocks?
- By their latest filings, 28% 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 SGDM?
- AGMI has 12% of its weight in S&P 500 names and SGDM has 7%, so SGDM differs more from the index.
- Which is cheaper, AGMI or SGDM?
- AGMI charges 0.35% a year and SGDM charges 0.46%, 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 SGDM, data as of Sep 18, 2026. https://etfiq.com/compare/themes/agmi-vs-sgdm Free to use with attribution; the underlying files are at Open data.