Data as of .
GDMN vs GOAU: which is really different?
GDMN and GOAU hold 28% of their weight in the same names, and GDMN returned more over the year.
ETFIQ Off-Index Score: GDMN 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
28% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, GDMN and GOAU hold 28% of their money in the same securities at the same weight.
| Holding | GDMN | GOAU |
|---|---|---|
| WHEATON PRECIOUS METALS CORP | 4.31% | 9.72% |
| FRANCO-NEVADA CORP | 3.93% | 10.16% |
| EVOLUTION MINING LTD | 3.11% | 3.20% |
| NEWMONT CORP | 12.40% | 2.88% |
| PAN AMERICAN SILVER CORP | 3.93% | 2.86% |
| ENDEAVOUR MINING PLC | 2.21% | 3.89% |
| HARMONY GOLD MINING COMPANY LTD | 1.85% | 4.05% |
| IAMGOLD CORP | 1.61% | 2.98% |
| DPM METALS INC | 1.23% | 2.08% |
| OR ROYALTIES INC | 1.08% | 9.78% |
| PERSEUS MINING LTD | 0.91% | 2.08% |
| K92 MINING INC | 0.79% | 1.99% |
| Only in GDMN | Only in GOAU |
|---|---|
| BARRICK MINING CORP 8.21% | Aya Gold & Silver Inc 4.12% |
| AGNICO EAGLE MINES LTD 7.93% | Endeavour Silver Corp 3.85% |
| ANGLOGOLD ASHANTI PLC 6.25% | Capricorn Metals Ltd 3.38% |
| KINROSS GOLD CORP 5.78% | West African Resources Ltd 2.87% |
| GOLD FIELDS LTD 4.79% | Pan African Resources PLC 2.75% |
| ALAMOS GOLD INC 3.06% | Hochschild Mining PLC 2.67% |
| NORTHERN STAR RESOURCES LTD 2.94% | Emerald Resources NL 2.23% |
| ROYAL GOLD INC 2.75% | Triple Flag Precious Metals Co 2.08% |
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 Jun 30, 2026 and May 31, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| GDMN | GOAU | GDMN | GOAU | GDMN | GOAU | |
| 3 months | +13.8% | +16.8% | +11.5 pts | +14.5 pts | +16.3 pts | +19.3 pts |
| 6 months | +8.7% | +21.8% | −9.4 pts | +3.8 pts | −15.6 pts | −2.4 pts |
| 1 year | +40.2% | +31.8% | +23.7 pts | +15.3 pts | +18.5 pts | +10.1 pts |
| 3 years | +381.8% | +208.7% | +303.4 pts | +130.3 pts | +283.6 pts | +110.5 pts |
| Since launch | +342.7% | +324.3% | +268.0 pts | +63.3 pts | +250.7 pts | −123.0 pts |
| GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund Holds 54 stocks in gold miners, 12% of its weight in S&P 500 companies | GOAU US Global GO Gold and Precious Metal Miners ETF Holds 29 stocks in miners and metals, 3% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | WisdomTree | U.S. Global |
| Theme | Gold miners | Miners and metals |
| In the S&P 500 | 12.4% | 2.9% |
| Active share vs the S&P 500 | 99.8% | 99.8% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 54 | 29 |
| Top ten, share of the fund | 60.6% | 56.1% |
| Expense ratio | 0.45% | 0.60% |
| Fee for the differing part | 0.45% | 0.60% |
| Total return, 1 year | +40.2% | +31.8% |
| vs the S&P 500 | +23.7 pts | +15.3 pts |
| vs the Nasdaq-100 | +18.5 pts | +10.1 pts |
| Below its high | −33.8% | −16.1% |
| Net assets | $223m | $165m |
GDMN in plain words
By weight, 12% of GDMN'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 61% of the fund across 54 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +40.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.7 pts. It sits 33.8% below its all-time high of Jan 28, 2026.
GOAU in plain words
By weight, 3% of GOAU'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 29 positions, as filed for Jun 30, 2026. Over the year to Sep 18, 2026 the fund returned +31.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 15.3 pts. It sits 16.1% below its all-time high of Feb 27, 2026.
Questions people ask
- Do GDMN and GOAU hold the same stocks?
- By their latest filings, 28% 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, GDMN or GOAU?
- GDMN has 12% of its weight in S&P 500 names and GOAU has 3%, so GDMN differs more from the index.
- Which is cheaper, GDMN or GOAU?
- GDMN charges 0.45% a year and GOAU charges 0.60%, so GDMN 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, GDMN against GOAU, data as of Sep 18, 2026. https://etfiq.com/compare/themes/gdmn-vs-goau Free to use with attribution; the underlying files are at Open data.