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Data as of .

GBUG vs NIKL: which is really different?

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

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

3.3%GBUG in the S&P 500
0.0%NIKL in the S&P 500
+50.5%GBUG total return, 1 year
+10.8%NIKL total return, 1 year

ETFIQ Off-Index Score: NIKL scores higher

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

GBUG 77.7NIKL 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
NIKL100% 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 74% of the fund · 26 holdings filed Sep 18, 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 74% 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 NIKL hold 0% of their money in the same securities at the same weight.

Only in each
Only in GBUGOnly in NIKL
DPM Metals Inc. 5.29%ANTAM Persero Tbk PT 14.86%
G Mining Ventures Corp. 4.94%Nickel Industries Ltd. 11.93%
Discovery Mining Ltd. 4.55%Merdeka Battery Materials Tbk PT 11.52%
IAMGOLD Corp. 4.15%IGO Ltd. 8.25%
Eldorado Gold Corp. 4.00%Talon Metals Corp. 6.48%
Montage Gold Corp. 4.00%Vale Indonesia Tbk PT 4.75%
Coeur Mining Inc. 3.82%Trimegah Bangun Persada Tbk PT 4.62%
Wesdome Gold Mines Ltd. 3.81%Sunrise Energy Metals Ltd. 4.24%

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 NIKL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
GBUGNIKLGBUGNIKLGBUGNIKL
3 months+19.9%+0.7%+17.6 pts−1.6 pts+22.4 pts+3.1 pts
6 months+26.4%−1.4%+8.4 pts−19.4 pts+2.2 pts−25.6 pts
1 year+50.5%+10.8%+33.9 pts−5.8 pts+28.7 pts−11.0 pts
3 yearsnot published−7.1%not published−85.5 ptsnot published−105.3 pts
Since launch+150.3%−12.2%+123.0 pts−115.1 pts+115.0 pts−152.3 pts
Open the live comparison on ETFIQ
GBUG and NIKL 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
NIKL
Sprott Nickel Miners ETF
Holds 26 stocks in miners and metals, 0% of its weight in S&P 500 companies
IssuerSprottSprott
ThemeGold minersMiners and metals
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%
Holdings4426
Top ten, share of the fund41.2%74.4%
Expense ratio0.90%0.75%
Fee for the differing part0.90%0.75%
Total return, 1 year+50.5%+10.8%
vs the S&P 500+33.9 pts−5.8 pts
vs the Nasdaq-100+28.7 pts−11.0 pts
Below its high−14.2%−30.3%
Net assets$192m$57m

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.

NIKL in plain words

By weight, 0% of NIKL'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 74% of the fund across 26 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +10.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 5.8 pts. It sits 30.3% below its all-time high of Jan 26, 2026.

Questions people ask

Do GBUG and NIKL 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 NIKL?
GBUG has 3% of its weight in S&P 500 names and NIKL has 0%, so NIKL differs more from the index.
Which is cheaper, GBUG or NIKL?
GBUG charges 0.90% a year and NIKL charges 0.75%, so NIKL 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 NIKL, 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 NIKL, data as of Sep 18, 2026. https://etfiq.com/compare/themes/gbug-vs-nikl Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources