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Data as of .

GBUG vs ISTM: which is really different?

GBUG and ISTM hold 0% of their weight in the same names, and GBUG returned more over the year.

Sprott Active Gold & Silver Miners ETF and iShares Strategic Metals ETF.

3.3%GBUG in the S&P 500
0.0%ISTM in the S&P 500
+50.5%GBUG total return, 1 year
+43.4%ISTM total return, 1 year

ETFIQ Off-Index Score: ISTM scores higher

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

GBUG 77.7ISTM 91.80.1, 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
ISTM100% 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 46% of the fund · 98 holdings filed Sep 17, 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 46% of the fund

0% 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 ISTM hold 0% of their money in the same securities at the same weight.

Only in each
Only in GBUGOnly in ISTM
DPM Metals Inc. 5.29%BLK CSH FND TREASURY SL AGENCY 17.46%
G Mining Ventures Corp. 4.94%CASH COLLATERAL USD BZUFT 9.45%
Discovery Mining Ltd. 4.55%USD CASH 3.30%
IAMGOLD Corp. 4.15%TREASURY BILL 2.92%
Eldorado Gold Corp. 4.00%TREASURY BILL 2.91%
Montage Gold Corp. 4.00%CRH AMERICA FINANCE INC 144A 1.51%
Coeur Mining Inc. 3.82%TREASURY BILL 1.46%
Wesdome Gold Mines Ltd. 3.81%TREASURY BILL 1.45%

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

GBUG and ISTM over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
GBUGISTMGBUGISTMGBUGISTM
3 months+19.9%+2.2%+17.6 pts−0.1 pts+22.4 pts+4.7 pts
6 months+26.4%+11.0%+8.4 pts−7.0 pts+2.2 pts−13.2 pts
1 year+50.5%+43.4%+33.9 pts+26.9 pts+28.7 pts+21.6 pts
Since launch+150.3%+86.4%+123.0 pts+2.1 pts+115.0 pts−18.4 pts
Open the live comparison on ETFIQ
GBUG and ISTM 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
ISTM
iShares Strategic Metals ETF
Holds 98 stocks in rare earth and critical materials, 0% of its weight in S&P 500 companies
IssuerSprottiShares
ThemeGold minersRare earth and critical materials
In the S&P 5003.3%0.0%
Active share vs the S&P 50099.8%100.0%
In the Nasdaq-1000.0%0.0%
Holdings4498
Top ten, share of the fund41.2%46.0%
Expense ratio0.90%0.47%
Fee for the differing part0.90%0.47%
Total return, 1 year+50.5%+43.4%
vs the S&P 500+33.9 pts+26.9 pts
vs the Nasdaq-100+28.7 pts+21.6 pts
Below its high−14.2%−13.6%
Net assets$192m$34m

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.

ISTM in plain words

By weight, 0% of ISTM'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 46% of the fund across 98 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +43.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 26.9 pts. It sits 13.6% below its all-time high of Jan 29, 2026.

Questions people ask

Do GBUG and ISTM hold the same stocks?
By their latest filings, 0% 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, GBUG or ISTM?
GBUG has 3% of its weight in S&P 500 names and ISTM has 0%, so ISTM differs more from the index.
Which is cheaper, GBUG or ISTM?
GBUG charges 0.90% a year and ISTM charges 0.47%, so ISTM 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 ISTM, 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 ISTM, data as of Sep 18, 2026. https://etfiq.com/compare/themes/gbug-vs-istm Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources