Data as of .
AGMI vs SLX: which is really different?
AGMI and SLX hold 0% of their weight in the same names, and AGMI returned more over the year.
ETFIQ Off-Index Score: SLX 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
0% 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 SLX hold 0% of their money in the same securities at the same weight.
| Only in AGMI | Only in SLX |
|---|---|
| Newmont Corp 9.72% | Rio Tinto Plc 7.08% |
| Fresnillo PLC 9.66% | Bhp Group Ltd 7.05% |
| Industrias Penoles SAB de CV 9.56% | Vale Sa 6.74% |
| Wheaton Precious Metals Corp 7.00% | Nucor Corp 6.55% |
| Discovery Silver Corp 6.31% | Arcelormittal Sa 5.91% |
| First Majestic Silver Corp 4.61% | Steel Dynamics Inc 5.12% |
| Aya Gold & Silver Inc 4.37% | Rio Tinto Ltd 4.74% |
| Endeavour Silver Corp 4.16% | Nippon Steel Corp 4.72% |
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 | SLX | AGMI | SLX | AGMI | SLX | |
| 3 months | +12.8% | +0.7% | +10.6 pts | −1.6 pts | +15.3 pts | +3.2 pts |
| 6 months | +25.8% | +23.8% | +7.7 pts | +5.8 pts | +1.5 pts | −0.5 pts |
| 1 year | +64.5% | +48.9% | +47.9 pts | +32.3 pts | +42.7 pts | +27.1 pts |
| 3 years | not published | +72.2% | not published | −6.2 pts | not published | −25.9 pts |
| Since launch | +218.8% | +176.7% | +165.5 pts | −626.8 pts | +151.2 pts | −1513.5 pts |
| AGMI Themes Silver Miners ETF Holds 38 stocks in silver miners, 12% of its weight in S&P 500 companies | SLX VanEck Steel ETF Holds 39 stocks in miners and metals, 12% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Themes | VanEck |
| Theme | Silver miners | Miners and metals |
| In the S&P 500 | 12.4% | 12.1% |
| Active share vs the S&P 500 | 99.7% | 99.9% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 38 | 39 |
| Top ten, share of the fund | 63.2% | 58.2% |
| Expense ratio | 0.35% | 0.55% |
| Fee for the differing part | 0.35% | 0.55% |
| Total return, 1 year | +64.5% | +48.9% |
| vs the S&P 500 | +47.9 pts | +32.3 pts |
| vs the Nasdaq-100 | +42.7 pts | +27.1 pts |
| Below its high | −16.1% | −6.6% |
| Net assets | $13m | $167m |
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.
SLX in plain words
By weight, 12% of SLX'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 58% of the fund across 39 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +48.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 32.3 pts. It sits 6.6% below its all-time high of Jun 2, 2026.
Questions people ask
- Do AGMI and SLX 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, AGMI or SLX?
- AGMI has 12% of its weight in S&P 500 names and SLX has 12%, so SLX differs more from the index.
- Which is cheaper, AGMI or SLX?
- AGMI charges 0.35% a year and SLX charges 0.55%, 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 SLX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/agmi-vs-slx Free to use with attribution; the underlying files are at Open data.