Data as of .
GBUG vs SIL: which is really different?
GBUG and SIL hold 18% of their weight in the same names.
ETFIQ Off-Index Score: SIL 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
18% 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 SIL hold 18% of their money in the same securities at the same weight.
| Holding | GBUG | SIL |
|---|---|---|
| Coeur Mining Inc. | 3.82% | 10.87% |
| Wheaton Precious Metals Corp. | 3.31% | 24.02% |
| Discovery Mining Ltd. | 4.55% | 3.26% |
| SSR Mining Inc. | 1.78% | 4.23% |
| Endeavour Silver Corp. | 1.58% | 1.75% |
| Cia de Minas Buenaventura SAA | 1.16% | 3.67% |
| OR Royalties Inc. | 0.91% | 3.98% |
| Vizsla Silver Corp. | 1.50% | 0.78% |
| Pan American Silver Corp. | 0.69% | 11.27% |
| AbraSilver Resource Corp. | 0.53% | 0.78% |
| Only in GBUG | Only in SIL |
|---|---|
| DPM Metals Inc. 5.29% | HECLA MINING CO 4.81% |
| G Mining Ventures Corp. 4.94% | FIRST MAJESTIC SILVER CORP 4.65% |
| IAMGOLD Corp. 4.15% | INDUSTRIAS PENOLES SAB DE CV 4.58% |
| Eldorado Gold Corp. 4.00% | FRESNILLO PLC 4.06% |
| Montage Gold Corp. 4.00% | AYA GOLD & SILVER INC 2.28% |
| Wesdome Gold Mines Ltd. 3.81% | KOREA ZINC CO LTD 2.18% |
| Newmont Corp. 3.32% | FORTUNA MINING CORP 2.10% |
| Emerald Resources NL 3.17% | SILVERCORP METALS INC 1.46% |
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 | SIL | GBUG | SIL | GBUG | SIL | |
| 3 months | +19.9% | +13.9% | +17.6 pts | +11.6 pts | +22.4 pts | +16.3 pts |
| 6 months | +26.4% | +20.4% | +8.4 pts | +2.4 pts | +2.2 pts | −3.9 pts |
| 1 year | +50.5% | +50.3% | +33.9 pts | +33.7 pts | +28.7 pts | +28.5 pts |
| 3 years | not published | +286.4% | not published | +208.0 pts | not published | +188.3 pts |
| Since launch | +150.3% | +156.7% | +123.0 pts | −586.9 pts | +115.0 pts | −1411.9 pts |
| GBUG Sprott Active Gold & Silver Miners ETF Holds 44 stocks in gold miners, 3% of its weight in S&P 500 companies | SIL Global X Silver Miners ETF Holds 43 stocks in silver miners, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Sprott | Global X |
| Theme | Gold miners | Silver miners |
| In the S&P 500 | 3.3% | 0.0% |
| Active share vs the S&P 500 | 99.8% | 100.0% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 44 | 43 |
| Top ten, share of the fund | 41.2% | 76.1% |
| Expense ratio | 0.90% | 0.65% |
| Fee for the differing part | 0.90% | 0.65% |
| Total return, 1 year | +50.5% | +50.3% |
| vs the S&P 500 | +33.9 pts | +33.7 pts |
| vs the Nasdaq-100 | +28.7 pts | +28.5 pts |
| Below its high | −14.2% | −19.2% |
| Net assets | $192m | $5.0bn |
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.
SIL in plain words
By weight, 0% of SIL'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 76% of the fund across 43 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +50.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 33.7 pts. It sits 19.2% below its all-time high of Feb 27, 2026.
Questions people ask
- Do GBUG and SIL hold the same stocks?
- By their latest filings, 18% 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 SIL?
- GBUG has 3% of its weight in S&P 500 names and SIL has 0%, so SIL differs more from the index.
- Which is cheaper, GBUG or SIL?
- GBUG charges 0.90% a year and SIL charges 0.65%, so SIL 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 SIL, data as of Sep 18, 2026. https://etfiq.com/compare/themes/gbug-vs-sil Free to use with attribution; the underlying files are at Open data.