Data as of .
AGMI vs XME: which is really different?
AGMI and XME hold 14% 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
14% 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 XME hold 14% of their money in the same securities at the same weight.
| Holding | AGMI | XME |
|---|---|---|
| Newmont Corp | 9.72% | 4.97% |
| Coeur Mining Inc | 3.24% | 4.88% |
| Freeport-McMoRan Inc | 2.65% | 4.87% |
| Hecla Mining Co | 2.44% | 4.71% |
| Only in AGMI | Only in XME |
|---|---|
| Fresnillo PLC 9.66% | CLEVELAND CLIFFS INC 5.36% |
| Industrias Penoles SAB de CV 9.56% | RELIANCE INC 5.12% |
| Wheaton Precious Metals Corp 7.00% | STEEL DYNAMICS INC 5.07% |
| Discovery Silver Corp 6.31% | NUCOR CORP 5.00% |
| First Majestic Silver Corp 4.61% | ROYAL GOLD INC 4.93% |
| Aya Gold & Silver Inc 4.37% | COMMERCIAL METALS CO 4.85% |
| Endeavour Silver Corp 4.16% | ALCOA CORP 4.54% |
| Pan American Silver Corp 3.99% | MP MATERIALS CORP 4.51% |
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 | XME | AGMI | XME | AGMI | XME | |
| 3 months | +12.8% | −7.1% | +10.6 pts | −9.3 pts | +15.3 pts | −4.6 pts |
| 6 months | +25.8% | +7.0% | +7.7 pts | −11.1 pts | +1.5 pts | −17.3 pts |
| 1 year | +64.5% | +22.4% | +47.9 pts | +5.9 pts | +42.7 pts | +0.7 pts |
| 3 years | not published | +110.4% | not published | +32.0 pts | not published | +12.2 pts |
| Since launch | +218.8% | +149.5% | +165.5 pts | −654.1 pts | +151.2 pts | −1540.8 pts |
| AGMI Themes Silver Miners ETF Holds 38 stocks in silver miners, 12% of its weight in S&P 500 companies | XME State Street(R) SPDR(R) S&P(R) Metals & Mining ETF Holds 41 stocks in miners and metals, 18% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Themes | State Street |
| Theme | Silver miners | Miners and metals |
| In the S&P 500 | 12.4% | 18.0% |
| Active share vs the S&P 500 | 99.7% | 99.6% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 38 | 41 |
| Top ten, share of the fund | 63.2% | 46.9% |
| Expense ratio | 0.35% | 0.35% |
| Fee for the differing part | 0.35% | 0.35% |
| Total return, 1 year | +64.5% | +22.4% |
| vs the S&P 500 | +47.9 pts | +5.9 pts |
| vs the Nasdaq-100 | +42.7 pts | +0.7 pts |
| Below its high | −16.1% | −18.1% |
| Net assets | $13m | $4.4bn |
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.
XME in plain words
By weight, 18% of XME'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 47% of the fund across 41 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +22.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 5.9 pts. It sits 18.1% below its all-time high of Jun 2, 2026.
Questions people ask
- Do AGMI and XME hold the same stocks?
- By their latest filings, 14% 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 XME?
- AGMI has 12% of its weight in S&P 500 names and XME has 18%, so AGMI differs more from the index.
- Which is cheaper, AGMI or XME?
- AGMI charges 0.35% a year and XME charges 0.35%, 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 XME, data as of Sep 18, 2026. https://etfiq.com/compare/themes/agmi-vs-xme Free to use with attribution; the underlying files are at Open data.