Do GBUG and GDMN hold the same stocks?

By their latest filings, 38% of their books are the same securities at the same weight. 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 4% 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.

Data as of Nov 4, 2026.

Thematic ETFs

GBUG vs GDMN: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, GBUG returned +29.6% to GDMN's +11.8%; 38% of their weight is in the same names.

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Net assets: $157m on Nov 4, 2026 for Sprott Active Gold & Silver Miners ETF, and $221m on Aug 31, 2026 for WisdomTree Efficient Gold Plus Gold Miners Strategy Fund.

GBUG on its own →GDMN on its own →

At a glance

3.6%

GBUG in the S&P 500

11.7%

GDMN in the S&P 500

+29.6%

GBUG total return, 1 year

+11.8%

GDMN total return, 1 year

GBUG · 1 year to Nov 4, 2026 96% of its weight is outside the S&P 500

4% of GBUG's weight is in S&P 500 companies and 96% is outside the index. Holdings as of Nov 4, 2026.

GDMN · 1 year to Nov 4, 2026 88% of its weight is outside the S&P 500

12% of GDMN's weight is in S&P 500 companies and 88% is outside the index. Holdings as of Aug 31, 2026.

Pair scorecard

GDMN costs 0.45 points a year less; their one-year returns differ by 17.8 points.

GBUG vs GDMN: Holdings Overlap & Returns
Measure	GBUG	GDMN
Return
Measure	GBUG	GDMN
Total return, 1 year	+29.6%	+11.8%
Drawdown
Measure	GBUG	GDMN
Below its all-time high	25.4%, high on Feb 27, 2026	44.7%, high on Jan 28, 2026
Benchmark
Measure	GBUG	GDMN
What it tracks	Gold miners	Gold miners
Cost and size
Measure	GBUG	GDMN
Expense ratio	0.90%	0.45%
Net assets, GBUG as of Nov 4, 2026 and GDMN as of Aug 31, 2026	$157m	$221m
Holdings
Measure	GBUG	GDMN
Holdings in common	38%

Method

Risk and return

Feb 28, 2025 to Oct 30, 2026 · 87 weekly returns

GBUG GDMN

Return

Total return edge Tie +112.6% +111.0%

Annualized edge Tie +57.0% +56.3%

Price return edge GBUG +109.3% +90.2%

Risk

Volatility edge GBUG 50.9% 62.2%

Max drawdown edge GBUG −36.7% −50.9%

Risk-adjusted

Sharpe edge GBUG (slight) 1.06 0.96

Sortino edge GBUG (slight) 1.71 1.55

Calmar edge GBUG 1.55 1.10

Reading

From Feb 2025 to Oct 2026, GBUG and GDMN returned about the same: +112.6% and +111.0%. GBUG swung less: 50.9% to 62.2%. GBUG fell less at its worst: −36.7% to −50.9%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: GBUG vs GDMN: Holdings Overlap & Returns
Measure	GBUG	GDMN	Edge	How it is measured
Return
Total return	+112.6%	+111.0%	Tie	Price change plus distributions, reinvested.
Annualized	+57.0%	+56.3%	Tie	Total return as a yearly rate.
Price return	+109.3%	+90.2%	GBUG	Price change alone, distributions left out.
Risk
Volatility	50.9%	62.2%	GBUG	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	31.5%	38.5%	GBUG	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−36.7%	−50.9%	GBUG	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	1.06	0.96	GBUG (slight)	Return above Treasury bills per unit of volatility.
Sortino	1.71	1.55	GBUG (slight)	Return above Treasury bills per unit of downside deviation.
Calmar	1.55	1.10	GBUG	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 87 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

38%

By the books each fund has filed, GBUG and GDMN hold 38% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

38% in common

Positions both hold · largest shared weight first GBUG GDMN

Newmont Corp. 3.56% 11.66%

Agnico Eagle Mines Ltd. 3.26% 7.23%

Wheaton Precious Metals Corp. 3.22% 4.04%

Northern Star Resources Ltd. 3.84% 3.07%

Anglogold Ashanti PLC 2.30% 5.95%

Barrick Mining Corp. 2.30% 7.09%

Evolution Mining Ltd. 2.14% 3.19%

Coeur Mining Inc. 3.16% 1.93%

Alamos Gold Inc. 1.83% 2.26%

IAMGOLD Corp. 3.99% 1.51%

DPM Metals Inc. 5.11% 1.39%

Eldorado Gold Corp. 3.47% 1.27%

Only in one fund ↓

Only in GBUG

Discovery Mining Ltd. 4.80%

Montage Gold Corp. 3.53%

Emerald Resources NL 3.00%

Skeena Resources Ltd. 2.83%

i-80 Gold Corp. 2.24%

Valterra Platinum Ltd. 1.66%

Metalla Royalty & Streaming Ltd. 1.50%

Endeavour Silver Corp. 1.36%

Only in GDMN

GOLD FIELDS LTD 4.58%

FRANCO-NEVADA CORP 3.75%

ROYAL GOLD INC 2.65%

ENDEAVOUR MINING PLC 1.83%

HARMONY GOLD MINING COMPANY LTD 1.64%

ZIJIN MINING GROUP CO LTD 1.34%

FRESNILLO PLC 1.29%

PERSEUS MINING LTD 0.96%

Check overlap with more funds →

Window by window

Window by window: GBUG vs GDMN: Holdings Overlap & Returns
	Total return
Window	GBUG	GDMN
3 months	−2.1%	−5.4%
6 months	−5.5%	−22.4%
1 year	+29.6%	+11.8%
3 years	–	+294.4%
Since launchNot the same days: GBUG Feb 2025 · GDMN Dec 2021	+117.5%	+269.7%

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Side by side

GBUG Sprott Active Gold & Silver Miners ETF · Holds 43 stocks in gold miners, 4% 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

Issuer Sprott WisdomTree

Theme Gold miners Gold miners

In the S&P 500 3.6% 11.7%

Active share vs the S&P 500 99.8% 99.8%

In the Nasdaq-100 0.0% 0.0%

Holdings 43 54

Top ten, share of the fund 39.6% 55.4%

Expense ratio 0.90% 0.45%

Fee for the differing part 0.90% 0.45%

Total return, 1 year +29.6% +11.8%

vs its benchmark not measured not measured

Below its high −25.4% −44.7%

Net assets, GBUG as of Nov 4, 2026 and GDMN as of Aug 31, 2026 $157m $221m

As of Nov 4, 2026. Source: ETFIQ.

38% of the two portfolios are the same securities at the same weight.

Client brief:

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About each fund

GBUG

By weight, 4% 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 40% of the fund across 43 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned +29.6% with distributions reinvested. It sits 25.4% below its all-time high of Feb 27, 2026.

GDMN

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 55% of the fund across 54 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned +11.8% with distributions reinvested. It sits 44.7% below its all-time high of Jan 28, 2026.

Questions people ask

Do GBUG and GDMN hold the same stocks?: By their latest filings, 38% of their books are the same securities at the same weight. 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 4% 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

GBUG vs GDX GBUG vs RING GBUG vs GDXJ GBUG vs SGDJ GDMN vs GDX GDMN vs RING GDMN vs GDXJ GDMN vs GOEX

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →GBUG on its own →GDMN on its own →GBUG dividend history →GBUG holdings →GDMN dividend history →GDMN holdings →Method →Standards and sources →

Sources and dates

GBUG filings on SEC EDGAR ↗

GBUG prospectus with the expense ratio (SEC) ↗

Sprott page for GBUG ↗

GDMN filings on SEC EDGAR ↗

GDMN prospectus with the expense ratio (SEC) ↗

WisdomTree page for GDMN ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, GBUG against GDMN, data as of Nov 4, 2026. https://etfiq.com/compare/themes/gbug-vs-gdmn

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.