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Data as of .

AUAU vs METL: which is really different?

AUAU and METL hold 7% of their weight in the same names.

Global X Gold Miners ETF and Sprott Active Metals & Miners ETF.

12.5%AUAU in the S&P 500
12.5%METL in the S&P 500
+17.2%AUAU total return, 1 year
+32.8%METL total return, 1 year

ETFIQ Off-Index Score: AUAU scores higher

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

AUAU 77.7METL 740.1, 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
METL88% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
13%88%inof its weight outside the S&P 500active share 100% · top ten 38% of the fund · 45 holdings filed Sep 18, 2026 · Nasdaq-100: 0% in13%88%inof its weight outside the S&P 500active share 100% · top ten 38% of the fund

7% 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 METL hold 7% of their money in the same securities at the same weight.

Positions AUAU and METL both hold, largest shared weight first
HoldingAUAUMETL
WHEATON PRECIOUS METALS CORP6.57%2.30%
PAN AMERICAN SILVER CORP1.98%3.07%
COEUR MINING INC1.97%1.14%
CIA DE MINAS BUENAVENTUR-ADR0.61%3.63%
ENDEAVOUR SILVER CORP0.29%4.06%
SILVERCORP METALS INC0.25%0.60%
AMERICAS GOLD AND SILVER COR0.14%1.05%
VIZSLA SILVER CORP0.14%3.38%
GOGOLD RESOURCES INC0.13%2.12%
Only in each
Only in AUAUOnly in METL
NEWMONT CORP 12.45%Hudbay Minerals Inc. 4.30%
AGNICO EAGLE MINES LTD 9.73%Nucor Corp. 4.28%
BARRICK MINING CORP 6.79%Major Drilling Group International Inc. 4.03%
ANGLOGOLD ASHANTI PLC 4.99%NexGen Energy Ltd. 3.66%
FRANCO-NEVADA CORP 4.89%Cameco Corp. 3.59%
GOLD FIELDS LTD-SPONS ADR 3.71%Steel Dynamics Inc. 3.50%
KINROSS GOLD CORP 3.25%ATALAYA MINING COPPER SA 3.47%
ZIJIN MINING GROUP CO LTD-H 2.51%Reliance Inc. 3.25%

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

AUAU and METL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
AUAUMETLAUAUMETLAUAUMETL
3 months+15.6%−4.2%+13.3 pts−6.5 pts+18.1 pts−1.8 pts
6 months+19.4%+10.9%+1.3 pts−7.1 pts−4.9 pts−13.3 pts
1 yearnot published+32.8%not published+16.2 ptsnot published+11.0 pts
Since launch+17.2%+35.0%+5.3 pts+16.6 pts+1.9 pts+10.2 pts
Open the live comparison on ETFIQ
AUAU and METL 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
METL
Sprott Active Metals & Miners ETF
Holds 45 stocks in miners and metals, 12% of its weight in S&P 500 companies
IssuerGlobal XSprott
ThemeGold minersMiners and metals
In the S&P 50012.5%12.5%
Active share vs the S&P 50099.8%99.7%
In the Nasdaq-1000.0%0.0%
Holdings11945
Top ten, share of the fund57.0%37.9%
Expense ratio0.35%0.99%
Fee for the differing part0.35%0.99%
Total return, 1 year+17.2% (since launch on Dec 10, 2025)+32.8%
vs the S&P 500+5.3 pts+16.2 pts
vs the Nasdaq-100+1.9 pts+11.0 pts
Below its high−16.9%−19.4%
Net assets$7m$85m

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.

METL in plain words

By weight, 12% of METL'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 38% of the fund across 45 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +32.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 16.2 pts. It sits 19.4% below its all-time high of Jan 28, 2026.

Questions people ask

Do AUAU and METL hold the same stocks?
By their latest filings, 7% 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, AUAU or METL?
AUAU has 12% of its weight in S&P 500 names and METL has 12%, so AUAU differs more from the index.
Which is cheaper, AUAU or METL?
AUAU charges 0.35% a year and METL charges 0.99%, 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 METL, 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 METL, data as of Sep 18, 2026. https://etfiq.com/compare/themes/auau-vs-metl Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources