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Data as of .

GBUG vs GDMN: which is really different?

GBUG and GDMN hold 39% of their weight in the same names, and GBUG returned more over the year.

Sprott Active Gold & Silver Miners ETF and WisdomTree Efficient Gold Plus Gold Miners Strategy Fund.

3.3%GBUG in the S&P 500
12.4%GDMN in the S&P 500
+50.5%GBUG total return, 1 year
+40.2%GDMN total return, 1 year

ETFIQ Off-Index Score: GBUG scores higher

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

GBUG 77.7GDMN 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

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
GDMN88% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
12%88%inof its weight outside the S&P 500active share 100% · top ten 61% of the fund · 54 holdings filed May 31, 2026 · Nasdaq-100: 0% in12%88%inof its weight outside the S&P 500active share 100% · top ten 61% of the fund

39% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, GBUG and GDMN hold 39% of their money in the same securities at the same weight.

Positions GBUG and GDMN both hold, largest shared weight first
HoldingGBUGGDMN
Newmont Corp.3.32%12.40%
Wheaton Precious Metals Corp.3.31%4.31%
Agnico Eagle Mines Ltd.3.16%7.93%
Northern Star Resources Ltd.2.93%2.94%
Anglogold Ashanti PLC2.42%6.25%
Evolution Mining Ltd.2.29%3.11%
Kinross Gold Corp.2.19%5.78%
Coeur Mining Inc.3.82%2.19%
Alamos Gold Inc.1.94%3.06%
IAMGOLD Corp.4.15%1.61%
OceanaGold Corp.3.13%1.25%
SSR Mining Inc.1.78%1.25%
Only in each
Only in GBUGOnly in GDMN
Discovery Mining Ltd. 4.55%GOLD FIELDS LTD 4.79%
Montage Gold Corp. 4.00%FRANCO-NEVADA CORP 3.93%
Emerald Resources NL 3.17%ROYAL GOLD INC 2.75%
i-80 Gold Corp. 2.60%ENDEAVOUR MINING PLC 2.21%
Valterra Platinum Ltd. 1.80%HARMONY GOLD MINING COMPANY LTD 1.85%
Skeena Resources Ltd. 1.78%FRESNILLO PLC 1.58%
Metalla Royalty & Streaming Ltd. 1.73%ZIJIN MINING GROUP CO LTD 1.44%
Endeavour Silver Corp. 1.58%LUNDIN GOLD INC 1.03%

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 May 31, 2026 and Sep 18, 2026.

Performance, window by window

GBUG and GDMN over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
GBUGGDMNGBUGGDMNGBUGGDMN
3 months+19.9%+13.8%+17.6 pts+11.5 pts+22.4 pts+16.3 pts
6 months+26.4%+8.7%+8.4 pts−9.4 pts+2.2 pts−15.6 pts
1 year+50.5%+40.2%+33.9 pts+23.7 pts+28.7 pts+18.5 pts
3 yearsnot published+381.8%not published+303.4 ptsnot published+283.6 pts
Since launch+150.3%+342.7%+123.0 pts+268.0 pts+115.0 pts+250.7 pts
Open the live comparison on ETFIQ
GBUG and GDMN on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GBUG
Sprott Active Gold & Silver Miners ETF
Holds 44 stocks in gold miners, 3% of its weight in S&P 500 companies
GDMN
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund
Holds 54 stocks in gold miners, 12% of its weight in S&P 500 companies
IssuerSprottWisdomTree
ThemeGold minersGold miners
In the S&P 5003.3%12.4%
Active share vs the S&P 50099.8%99.8%
In the Nasdaq-1000.0%0.0%
Holdings4454
Top ten, share of the fund41.2%60.6%
Expense ratio0.90%0.45%
Fee for the differing part0.90%0.45%
Total return, 1 year+50.5%+40.2%
vs the S&P 500+33.9 pts+23.7 pts
vs the Nasdaq-100+28.7 pts+18.5 pts
Below its high−14.2%−33.8%
Net assets$192m$223m

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.

GDMN in plain words

By weight, 12% of GDMN'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 61% of the fund across 54 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +40.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.7 pts. It sits 33.8% below its all-time high of Jan 28, 2026.

Questions people ask

Do GBUG and GDMN hold the same stocks?
By their latest filings, 39% 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, GBUG or GDMN?
GBUG has 3% of its weight in S&P 500 names and GDMN has 12%, so GBUG differs more from the index.
Which is cheaper, GBUG or GDMN?
GBUG charges 0.90% a year and GDMN charges 0.45%, so GDMN 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.

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

How every figure is computed · Standards and sources