Data as of Oct 28, 2026.
AIQ vs GDX: Holdings Overlap & Returns
Over the year to Oct 28, 2026, AIQ returned +21.3% to GDX's +19.0%; 0% of their weight is in the same names.
askIQ about this page
askIQ about AIQ and GDX
Net assets: $10.6bn on Oct 12, 2026 for Global X Artificial Intelligence & Technology ETF, and $25.6bn on Oct 27, 2026 for VanEck Gold Miners ETF.
65% of AIQ's weight is in S&P 500 companies and 35% is outside the index. Holdings as of May 31, 2026.
12% of GDX's weight is in S&P 500 companies and 88% is outside the index. Holdings as of Oct 22, 2026.
Pair scorecard
GDX costs 0.17 points a year less; their one-year returns differ by 2.3 points; GDX is 2.5 times larger.
Points (pts) are percentage points.
| Measure | AIQ | GDX |
|---|---|---|
| Return | ||
| Total return, 1 year | +21.3% | +19.0% |
| Drawdown | ||
| Below its all-time high | 8.2%, high on Jun 2, 2026 | 27.5%, high on Feb 27, 2026 |
| Against its benchmark | ||
| What it tracks | Artificial intelligence | Gold miners |
| Its benchmark, total return, 1 year | +13.4% | |
| Against its benchmark, 1 year | ahead by 5.6 pts | |
| Cost and size | ||
| Expense ratio | 0.68% | 0.51% |
| Net assets, as of Oct 12, 2026 | $10.6bn | $26.6bn |
| Holdings | ||
| Holdings in common | 0% | |
Holdings in common uses holdings dated May 31, 2026 and Oct 27, 2026. Method
Risk and return
May 25, 2018 to Oct 23, 2026 · 439 weekly returnsAIQ returned more: +326.5% to +292.0%. AIQ swung less: 24.3% to 38.2%. AIQ fell slightly less at its worst: −44.1% to −46.5%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | AIQ | GDX | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +326.5% | +292.0% | AIQ | Price change plus distributions, reinvested. |
| Annualized | +18.7% | +17.6% | AIQ (slight) | Total return as a yearly rate. |
| Price return | +314.4% | +259.5% | AIQ | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 24.3% | 38.2% | AIQ | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 16.0% | 25.7% | AIQ | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −44.1% | −46.5% | AIQ (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.72 | 0.55 | AIQ | Return above Treasury bills per unit of volatility. |
| Sortino | 1.09 | 0.81 | AIQ | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.42 | 0.38 | AIQ | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 439 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, AIQ and GDX hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | AIQ | GDX | AIQ | GDX |
| 3 months | +15.0% | +14.1% | not measured | +9.7 pts vs ACWI |
| 6 months | +17.0% | −2.6% | not measured | −10.0 pts vs ACWI |
| 1 year | +21.3% | +19.0% | not measured | +5.6 pts vs ACWI |
| 3 years | +151.9% | +197.7% | not measured | +108.8 pts vs ACWI |
| Since launchNot the same days: AIQ May 2018 · GDX May 2006 | +340.8% | +173.0% | not measured | not measured |
Side by side
As of Oct 28, 2026. Source: ETFIQ.
0% of the two portfolios are the same securities at the same weight.
AIQ
By weight, 65% of AIQ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 70%. The top ten holdings are 43% of the fund across 84 positions, as filed for May 31, 2026. Over the year to Oct 28, 2026 the fund returned +21.3% with distributions reinvested. It sits 8.2% below its all-time high of Jun 2, 2026.
GDX
By weight, 12% of GDX'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 60% of the fund across 59 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +19.0% with distributions reinvested against +13.4% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 5.6 pts. It sits 27.5% below its all-time high of Feb 27, 2026.
Questions people ask
- Do AIQ and GDX hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, AIQ against GDX, data as of Oct 28, 2026. https://etfiq.com/compare/themes/aiq-vs-gdx
ETFIQ. (Oct 28, 2026). AIQ against GDX. Retrieved from https://etfiq.com/compare/themes/aiq-vs-gdx
[AIQ against GDX (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/themes/aiq-vs-gdx)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.