Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

AUAU vs AUMI: which is really different?

AUAU and AUMI hold 33% of their weight in the same names.

Global X Gold Miners ETF and Themes Gold Miners ETF.

12.5%AUAU in the S&P 500
0.0%AUMI in the S&P 500
+17.2%AUAU total return, 1 year
+38.2%AUMI total return, 1 year

ETFIQ Off-Index Score: AUMI scores higher

How much of it is not the index it is sold as an alternative to?

AUAU 77.7AUMI 91.80.1, the lowest in this set91.8, the highest

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

AUAU88% of its weight is outside the S&P 500 · 6 months to Sep 18, 2026
13%88%inof its weight outside the S&P 500active share 100% · top ten 57% of the fund · 119 holdings filed Sep 18, 2026 · Nasdaq-100: 0% in13%88%inof its weight outside the S&P 500active share 100% · top ten 57% of the fund
AUMI100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 47% of the fund · 31 holdings filed Jun 30, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 47% of the fund

33% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, AUAU and AUMI hold 33% of their money in the same securities at the same weight.

Positions AUAU and AUMI both hold, largest shared weight first
HoldingAUAUAUMI
ANGLOGOLD ASHANTI PLC4.99%4.91%
AGNICO EAGLE MINES LTD9.73%4.76%
GOLD FIELDS LTD-SPONS ADR3.71%4.10%
KINROSS GOLD CORP3.25%4.59%
NORTHERN STAR RESOURCES LTD2.12%4.34%
ALAMOS GOLD INC-CLASS A1.46%4.45%
EQUINOX GOLD CORP1.37%4.09%
ENDEAVOUR MINING PLC1.32%5.33%
IAMGOLD CORP1.13%4.86%
DPM METALS INC0.90%5.26%
B2GOLD CORP0.67%3.52%
LUNDIN GOLD INC0.64%4.03%
Only in each
Only in AUAUOnly in AUMI
NEWMONT CORP 12.45%K92 Mining Inc 2.80%
BARRICK MINING CORP 6.79%Zhaojin Mining Industry Co Ltd 2.60%
WHEATON PRECIOUS METALS CORP 6.57%Orla Mining Ltd 2.23%
FRANCO-NEVADA CORP 4.89%LunR Royalties Corp 0.21%
ZIJIN MINING GROUP CO LTD-H 2.51%
ROYAL GOLD INC 2.06%
PAN AMERICAN SILVER CORP 1.98%
COEUR MINING INC 1.97%

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

AUAU and AUMI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
AUAUAUMIAUAUAUMIAUAUAUMI
3 months+15.6%+17.9%+13.3 pts+15.7 pts+18.1 pts+20.4 pts
6 months+19.4%+18.6%+1.3 pts+0.6 pts−4.9 pts−5.6 pts
1 yearnot published+38.2%not published+21.6 ptsnot published+16.4 pts
Since launch+17.2%+286.4%+5.3 pts+218.6 pts+1.9 pts+204.9 pts
Open the live comparison on ETFIQ
AUAU and AUMI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
AUAU
Global X Gold Miners ETF
Holds 119 stocks in gold miners, 12% of its weight in S&P 500 companies
AUMI
Themes Gold Miners ETF
Holds 31 stocks in gold miners, 0% of its weight in S&P 500 companies
IssuerGlobal XThemes
ThemeGold minersGold miners
In the S&P 50012.5%0.0%
Active share vs the S&P 50099.8%100.0%
In the Nasdaq-1000.0%0.0%
Holdings11931
Top ten, share of the fund57.0%46.9%
Expense ratio0.35%0.35%
Fee for the differing part0.35%0.35%
Total return, 1 year+17.2% (since launch on Dec 10, 2025)+38.2%
vs the S&P 500+5.3 pts+21.6 pts
vs the Nasdaq-100+1.9 pts+16.4 pts
Below its high−16.9%−19.2%
Net assets$7m$26m

AUAU in plain words

By weight, 12% of AUAU'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 57% of the fund across 119 positions, as published by its issuer for Sep 18, 2026. Since it launched on Dec 10, 2025 the fund returned +17.2% with distributions reinvested against +12.0% for the S&P 500, so a holder was ahead by 5.2 pts. It sits 16.9% below its all-time high of Feb 27, 2026.

AUMI in plain words

By weight, 0% of AUMI'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 31 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +38.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 21.6 pts. It sits 19.2% below its all-time high of Feb 27, 2026.

Questions people ask

Do AUAU and AUMI hold the same stocks?
By their latest filings, 33% 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, AUAU or AUMI?
AUAU has 12% of its weight in S&P 500 names and AUMI has 0%, so AUMI differs more from the index.
Which is cheaper, AUAU or AUMI?
AUAU charges 0.35% a year and AUMI charges 0.35%, so AUAU 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.

AUAU against AUMI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, AUAU against AUMI, data as of Sep 18, 2026. https://etfiq.com/compare/themes/auau-vs-aumi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources