Data as of .
AUAU vs GDX: which is really different?
AUAU and GDX hold 84% of their weight in the same names.
ETFIQ Off-Index Score: AUAU 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
84% 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 GDX hold 84% of their money in the same securities at the same weight.
| Holding | AUAU | GDX |
|---|---|---|
| NEWMONT CORP | 12.45% | 10.88% |
| AGNICO EAGLE MINES LTD | 9.73% | 10.99% |
| BARRICK MINING CORP | 6.79% | 7.75% |
| WHEATON PRECIOUS METALS CORP | 6.57% | 5.74% |
| ANGLOGOLD ASHANTI PLC | 4.99% | 4.96% |
| FRANCO-NEVADA CORP | 4.89% | 5.22% |
| GOLD FIELDS LTD-SPONS ADR | 3.71% | 4.11% |
| KINROSS GOLD CORP | 3.25% | 4.12% |
| NORTHERN STAR RESOURCES LTD | 2.12% | 2.45% |
| PAN AMERICAN SILVER CORP | 1.98% | 2.72% |
| COEUR MINING INC | 1.97% | 2.19% |
| ROYAL GOLD INC | 2.06% | 1.94% |
| Only in AUAU | Only in GDX |
|---|---|
| ZIJIN MINING GROUP CO LTD-H 2.51% | Industrias Penoles Sab De Cv 1.42% |
| DPM METALS INC 0.90% | Zijin Gold International Co Ltd 1.18% |
| G MINING VENTURE CORP 0.84% | Dundee Precious Metals Inc 0.94% |
| ZIJIN GOLD INTERNATIONAL CO 0.80% | Amman Mineral Internasional Pt 0.72% |
| TRIPLE FLAG PRECIOUS MET 0.66% | Zhaojin Mining Industry Co Ltd 0.61% |
| MERDEKA GOLD RESOURCES T-HDR 0.63% | Artemis Gold Inc 0.59% |
| K92 MINING 0.49% | K92 Mining Inc 0.59% |
| CASH 0.42% | Bumi Resources Minerals Tbk Pt 0.50% |
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 Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| AUAU | GDX | AUAU | GDX | AUAU | GDX | |
| 3 months | +15.6% | +15.7% | +13.3 pts | +13.5 pts | +18.1 pts | +18.2 pts |
| 6 months | +19.4% | +19.2% | +1.3 pts | +1.1 pts | −4.9 pts | −5.1 pts |
| 1 year | not published | +39.8% | not published | +23.2 pts | not published | +18.0 pts |
| 3 years | not published | +236.3% | not published | +157.8 pts | not published | +138.1 pts |
| Since launch | +17.2% | +133.2% | +5.3 pts | −670.3 pts | +1.9 pts | −1557.0 pts |
| AUAU Global X Gold Miners ETF Holds 119 stocks in gold miners, 12% of its weight in S&P 500 companies | GDX VanEck Gold Miners ETF Holds 59 stocks in gold miners, 11% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Global X | VanEck |
| Theme | Gold miners | Gold miners |
| In the S&P 500 | 12.5% | 10.9% |
| Active share vs the S&P 500 | 99.8% | 99.8% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 119 | 59 |
| Top ten, share of the fund | 57.0% | 58.5% |
| Expense ratio | 0.35% | 0.51% |
| Fee for the differing part | 0.35% | 0.51% |
| Total return, 1 year | +17.2% (since launch on Dec 10, 2025) | +39.8% |
| vs the S&P 500 | +5.3 pts | +23.2 pts |
| vs the Nasdaq-100 | +1.9 pts | +18.0 pts |
| Below its high | −16.9% | −17.6% |
| Net assets | $7m | $28.4bn |
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.
GDX in plain words
By weight, 11% 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 58% of the fund across 59 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +39.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.2 pts. It sits 17.6% below its all-time high of Feb 27, 2026.
Questions people ask
- Do AUAU and GDX hold the same stocks?
- By their latest filings, 84% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, AUAU or GDX?
- AUAU has 12% of its weight in S&P 500 names and GDX has 11%, so AUAU differs more from the index.
- Which is cheaper, AUAU or GDX?
- AUAU charges 0.35% a year and GDX charges 0.51%, 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.
Cite this page. ETFIQ, AUAU against GDX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/auau-vs-gdx Free to use with attribution; the underlying files are at Open data.