Data as of .
GBUG vs SLVP: which is really different?
GBUG and SLVP hold 26% of their weight in the same names, and SLVP 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
26% 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 SLVP hold 26% of their money in the same securities at the same weight.
| Holding | GBUG | SLVP |
|---|---|---|
| Discovery Mining Ltd. | 4.55% | 4.59% |
| Newmont Corp. | 3.32% | 4.56% |
| Wheaton Precious Metals Corp. | 3.31% | 4.57% |
| Agnico Eagle Mines Ltd. | 3.16% | 4.43% |
| Coeur Mining Inc. | 3.82% | 1.80% |
| Endeavour Silver Corp. | 1.58% | 4.09% |
| Vizsla Silver Corp. | 1.50% | 1.55% |
| DPM Metals Inc. | 5.29% | 1.13% |
| SSR Mining Inc. | 1.78% | 1.08% |
| Pan American Silver Corp. | 0.69% | 1.59% |
| Skeena Resources Ltd. | 1.78% | 0.57% |
| Perpetua Resources Corp. | 0.43% | 0.44% |
| Only in GBUG | Only in SLVP |
|---|---|
| G Mining Ventures Corp. 4.94% | HECLA MINING 14.50% |
| IAMGOLD Corp. 4.15% | INDUST PENOLES 11.00% |
| Eldorado Gold Corp. 4.00% | FIRST MAJESTIC SILVER 10.86% |
| Montage Gold Corp. 4.00% | FRESNILLO PLC 8.20% |
| Wesdome Gold Mines Ltd. 3.81% | AYA GOLD & SILVER INC 4.88% |
| Emerald Resources NL 3.17% | SILVERCORP METALS INC 3.59% |
| Equinox Gold Corp. 3.15% | KINROSS GOLD 2.57% |
| OceanaGold Corp. 3.13% | GOGOLD RESOURCES 1.88% |
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 | SLVP | GBUG | SLVP | GBUG | SLVP | |
| 3 months | +19.9% | +16.9% | +17.6 pts | +14.6 pts | +22.4 pts | +19.4 pts |
| 6 months | +26.4% | +22.9% | +8.4 pts | +4.9 pts | +2.2 pts | −1.4 pts |
| 1 year | +50.5% | +62.7% | +33.9 pts | +46.1 pts | +28.7 pts | +40.9 pts |
| 3 years | not published | +329.2% | not published | +250.8 pts | not published | +231.1 pts |
| Since launch | +150.3% | +86.9% | +123.0 pts | −554.5 pts | +115.0 pts | −1149.6 pts |
| GBUG Sprott Active Gold & Silver Miners ETF Holds 44 stocks in gold miners, 3% of its weight in S&P 500 companies | SLVP iShares MSCI Global Silver and Metals Miners ETF Holds 50 stocks in silver miners, 5% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Sprott | iShares |
| Theme | Gold miners | Silver miners |
| In the S&P 500 | 3.3% | 4.6% |
| Active share vs the S&P 500 | 99.8% | 99.8% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 44 | 50 |
| Top ten, share of the fund | 41.2% | 71.6% |
| Expense ratio | 0.90% | 0.39% |
| Fee for the differing part | 0.90% | 0.39% |
| Total return, 1 year | +50.5% | +62.7% |
| vs the S&P 500 | +33.9 pts | +46.1 pts |
| vs the Nasdaq-100 | +28.7 pts | +40.9 pts |
| Below its high | −14.2% | −18.4% |
| Net assets | $192m | $986m |
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.
SLVP in plain words
By weight, 5% of SLVP'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 72% of the fund across 50 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +62.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 46.1 pts. It sits 18.4% below its all-time high of Feb 27, 2026.
Questions people ask
- Do GBUG and SLVP hold the same stocks?
- By their latest filings, 26% 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 SLVP?
- GBUG has 3% of its weight in S&P 500 names and SLVP has 5%, so GBUG differs more from the index.
- Which is cheaper, GBUG or SLVP?
- GBUG charges 0.90% a year and SLVP charges 0.39%, so SLVP 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 SLVP, data as of Sep 18, 2026. https://etfiq.com/compare/themes/gbug-vs-slvp Free to use with attribution; the underlying files are at Open data.