Data as of .
GBUG vs XME: which is really different?
GBUG and XME hold 7% 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
7% 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 XME hold 7% of their money in the same securities at the same weight.
| Holding | GBUG | XME |
|---|---|---|
| Coeur Mining Inc. | 3.82% | 4.88% |
| Newmont Corp. | 3.32% | 4.97% |
| Only in GBUG | Only in XME |
|---|---|
| DPM Metals Inc. 5.29% | CLEVELAND CLIFFS INC 5.36% |
| G Mining Ventures Corp. 4.94% | RELIANCE INC 5.12% |
| Discovery Mining Ltd. 4.55% | STEEL DYNAMICS INC 5.07% |
| IAMGOLD Corp. 4.15% | NUCOR CORP 5.00% |
| Eldorado Gold Corp. 4.00% | ROYAL GOLD INC 4.93% |
| Montage Gold Corp. 4.00% | FREEPORT MCMORAN INC 4.87% |
| Wesdome Gold Mines Ltd. 3.81% | COMMERCIAL METALS CO 4.85% |
| Wheaton Precious Metals Corp. 3.31% | HECLA MINING CO 4.71% |
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 | XME | GBUG | XME | GBUG | XME | |
| 3 months | +19.9% | −7.1% | +17.6 pts | −9.3 pts | +22.4 pts | −4.6 pts |
| 6 months | +26.4% | +7.0% | +8.4 pts | −11.1 pts | +2.2 pts | −17.3 pts |
| 1 year | +50.5% | +22.4% | +33.9 pts | +5.9 pts | +28.7 pts | +0.7 pts |
| 3 years | not published | +110.4% | not published | +32.0 pts | not published | +12.2 pts |
| Since launch | +150.3% | +149.5% | +123.0 pts | −654.1 pts | +115.0 pts | −1540.8 pts |
| GBUG Sprott Active Gold & Silver Miners ETF Holds 44 stocks in gold miners, 3% of its weight in S&P 500 companies | XME State Street(R) SPDR(R) S&P(R) Metals & Mining ETF Holds 41 stocks in miners and metals, 18% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Sprott | State Street |
| Theme | Gold miners | Miners and metals |
| In the S&P 500 | 3.3% | 18.0% |
| Active share vs the S&P 500 | 99.8% | 99.6% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 44 | 41 |
| Top ten, share of the fund | 41.2% | 46.9% |
| Expense ratio | 0.90% | 0.35% |
| Fee for the differing part | 0.90% | 0.35% |
| Total return, 1 year | +50.5% | +22.4% |
| vs the S&P 500 | +33.9 pts | +5.9 pts |
| vs the Nasdaq-100 | +28.7 pts | +0.7 pts |
| Below its high | −14.2% | −18.1% |
| Net assets | $192m | $4.4bn |
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.
XME in plain words
By weight, 18% of XME'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 47% of the fund across 41 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +22.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 5.9 pts. It sits 18.1% below its all-time high of Jun 2, 2026.
Questions people ask
- Do GBUG and XME hold the same stocks?
- By their latest filings, 7% 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 XME?
- GBUG has 3% of its weight in S&P 500 names and XME has 18%, so GBUG differs more from the index.
- Which is cheaper, GBUG or XME?
- GBUG charges 0.90% a year and XME charges 0.35%, so XME 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 XME, data as of Sep 18, 2026. https://etfiq.com/compare/themes/gbug-vs-xme Free to use with attribution; the underlying files are at Open data.