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Data as of .

AUMI vs GBUG: which is really different?

AUMI and GBUG hold 46% of their weight in the same names, and GBUG returned more over the year.

Themes Gold Miners ETF and Sprott Active Gold & Silver Miners ETF.

0.0%AUMI in the S&P 500
3.3%GBUG in the S&P 500
+38.2%AUMI total return, 1 year
+50.5%GBUG 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?

AUMI 91.8GBUG 77.70.1, 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

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
GBUG97% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
3%97%3% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 41% of the fund · 44 holdings filed Sep 18, 2026 · Nasdaq-100: 0% in3%97%3% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 41% of the fund

46% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, AUMI and GBUG hold 46% of their money in the same securities at the same weight.

Positions AUMI and GBUG both hold, largest shared weight first
HoldingAUMIGBUG
DPM Metals Inc5.26%5.29%
IAMGOLD Corp4.86%4.15%
G Mining Ventures Corp3.76%4.94%
Agnico Eagle Mines Ltd4.76%3.16%
Equinox Gold Corp4.09%3.15%
OceanaGold Corp4.32%3.13%
Northern Star Resources Ltd4.34%2.93%
Ramelius Resources Ltd2.85%3.05%
Genesis Minerals Ltd2.65%2.95%
Anglogold Ashanti Plc4.91%2.42%
Kinross Gold Corp4.59%2.19%
K92 Mining Inc2.80%2.18%
Only in each
Only in AUMIOnly in GBUG
Endeavour Mining PLC 5.33%Discovery Mining Ltd. 4.55%
Gold Fields Ltd 4.10%Eldorado Gold Corp. 4.00%
Lundin Gold Inc 4.03%Montage Gold Corp. 4.00%
B2Gold Corp 3.52%Coeur Mining Inc. 3.82%
Perseus Mining Ltd 3.35%Newmont Corp. 3.32%
Torex Gold Resources Inc 2.86%Wheaton Precious Metals Corp. 3.31%
Zhaojin Mining Industry Co Ltd 2.60%i-80 Gold Corp. 2.60%
Capricorn Metals Ltd 2.58%Evolution Mining Ltd. 2.29%

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

AUMI and GBUG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
AUMIGBUGAUMIGBUGAUMIGBUG
3 months+17.9%+19.9%+15.7 pts+17.6 pts+20.4 pts+22.4 pts
6 months+18.6%+26.4%+0.6 pts+8.4 pts−5.6 pts+2.2 pts
1 year+38.2%+50.5%+21.6 pts+33.9 pts+16.4 pts+28.7 pts
Since launch+286.4%+150.3%+218.6 pts+123.0 pts+204.9 pts+115.0 pts
Open the live comparison on ETFIQ
AUMI and GBUG on the same fields, as of Sep 18, 2026. Source: ETFIQ.
AUMI
Themes Gold Miners ETF
Holds 31 stocks in gold miners, 0% of its weight in S&P 500 companies
GBUG
Sprott Active Gold & Silver Miners ETF
Holds 44 stocks in gold miners, 3% of its weight in S&P 500 companies
IssuerThemesSprott
ThemeGold minersGold miners
In the S&P 5000.0%3.3%
Active share vs the S&P 500100.0%99.8%
In the Nasdaq-1000.0%0.0%
Holdings3144
Top ten, share of the fund46.9%41.2%
Expense ratio0.35%0.90%
Fee for the differing part0.35%0.90%
Total return, 1 year+38.2%+50.5%
vs the S&P 500+21.6 pts+33.9 pts
vs the Nasdaq-100+16.4 pts+28.7 pts
Below its high−19.2%−14.2%
Net assets$26m$192m

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.

GBUG in plain words

By weight, 3% of GBUG'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 41% of the fund across 44 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +50.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 33.9 pts. It sits 14.2% below its all-time high of Feb 27, 2026.

Questions people ask

Do AUMI and GBUG hold the same stocks?
By their latest filings, 46% 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, AUMI or GBUG?
AUMI has 0% of its weight in S&P 500 names and GBUG has 3%, so AUMI differs more from the index.
Which is cheaper, AUMI or GBUG?
AUMI charges 0.35% a year and GBUG charges 0.90%, so AUMI 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.

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

How every figure is computed · Standards and sources