Data as of .
GBUG vs SGDM: which is really different?
GBUG and SGDM hold 39% of their weight in the same names, and GBUG returned more over the year.
ETFIQ Off-Index Score: GBUG scores higher
How much of it is not the index it is sold as an alternative to?
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
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 SGDM hold 39% of their money in the same securities at the same weight.
| Holding | GBUG | SGDM |
|---|---|---|
| Coeur Mining Inc. | 3.82% | 3.57% |
| Newmont Corp. | 3.32% | 7.42% |
| Wheaton Precious Metals Corp. | 3.31% | 7.22% |
| Agnico Eagle Mines Ltd. | 3.16% | 9.67% |
| IAMGOLD Corp. | 4.15% | 3.14% |
| DPM Metals Inc. | 5.29% | 2.90% |
| OceanaGold Corp. | 3.13% | 2.60% |
| Discovery Mining Ltd. | 4.55% | 2.58% |
| Wesdome Gold Mines Ltd. | 3.81% | 2.58% |
| Kinross Gold Corp. | 2.19% | 4.47% |
| K92 Mining Inc. | 2.18% | 2.58% |
| Anglogold Ashanti PLC | 2.42% | 1.74% |
| Only in GBUG | Only in SGDM |
|---|---|
| Emerald Resources NL 3.17% | Franco-Nevada Corp. 6.04% |
| Ramelius Resources Ltd. 3.05% | Endeavour Mining PLC 3.30% |
| Genesis Minerals Ltd. 2.95% | Lundin Gold Inc. 3.19% |
| Northern Star Resources Ltd. 2.93% | Harmony Gold Mining Co. Ltd. 3.12% |
| i-80 Gold Corp. 2.60% | Triple Flag Precious Metals Corp. 2.68% |
| Evolution Mining Ltd. 2.29% | Centerra Gold Inc. 2.60% |
| Ora Banda Mining Ltd. 2.20% | Torex Gold Resources Inc. 2.50% |
| Valterra Platinum Ltd. 1.80% | Allied Gold Corp. 2.42% |
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
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| GBUG | SGDM | GBUG | SGDM | GBUG | SGDM | |
| 3 months | +19.9% | +17.8% | +17.6 pts | +15.5 pts | +22.4 pts | +20.3 pts |
| 6 months | +26.4% | +20.2% | +8.4 pts | +2.2 pts | +2.2 pts | −4.0 pts |
| 1 year | +50.5% | +43.7% | +33.9 pts | +27.1 pts | +28.7 pts | +21.9 pts |
| 3 years | not published | +234.7% | not published | +156.3 pts | not published | +136.6 pts |
| Since launch | +150.3% | +261.2% | +123.0 pts | −112.7 pts | +115.0 pts | −467.4 pts |
| GBUG Sprott Active Gold & Silver Miners ETF Holds 44 stocks in gold miners, 3% of its weight in S&P 500 companies | SGDM Sprott Gold Miners ETF Holds 48 stocks in gold miners, 7% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Sprott | Sprott |
| Theme | Gold miners | Gold miners |
| In the S&P 500 | 3.3% | 7.4% |
| Active share vs the S&P 500 | 99.8% | 99.8% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 44 | 48 |
| Top ten, share of the fund | 41.2% | 55.9% |
| Expense ratio | 0.90% | 0.46% |
| Fee for the differing part | 0.90% | 0.46% |
| Total return, 1 year | +50.5% | +43.7% |
| vs the S&P 500 | +33.9 pts | +27.1 pts |
| vs the Nasdaq-100 | +28.7 pts | +21.9 pts |
| Below its high | −14.2% | −15.9% |
| Net assets | $192m | $713m |
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.
SGDM in plain words
By weight, 7% of SGDM'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 56% of the fund across 48 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +43.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 27.1 pts. It sits 15.9% below its all-time high of Mar 2, 2026.
Questions people ask
- Do GBUG and SGDM 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 SGDM?
- GBUG has 3% of its weight in S&P 500 names and SGDM has 7%, so GBUG differs more from the index.
- Which is cheaper, GBUG or SGDM?
- GBUG charges 0.90% a year and SGDM charges 0.46%, so SGDM 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.
Cite this page. ETFIQ, GBUG against SGDM, data as of Sep 18, 2026. https://etfiq.com/compare/themes/gbug-vs-sgdm Free to use with attribution; the underlying files are at Open data.