Data as of .
GDMN vs METL: which is really different?
GDMN and METL hold 8% 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
8% 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 METL hold 8% of their money in the same securities at the same weight.
| Holding | GDMN | METL |
|---|---|---|
| PAN AMERICAN SILVER CORP | 3.93% | 3.07% |
| WHEATON PRECIOUS METALS CORP | 4.31% | 2.30% |
| COMPANIA DE MINAS BUENAVENTURA SA | 1.59% | 3.63% |
| COEUR MINING INC | 2.19% | 1.14% |
| GOGOLD RESOURCES INC | 0.13% | 2.12% |
| Only in GDMN | Only in METL |
|---|---|
| NEWMONT CORP 12.40% | Hudbay Minerals Inc. 4.30% |
| BARRICK MINING CORP 8.21% | Nucor Corp. 4.28% |
| AGNICO EAGLE MINES LTD 7.93% | Endeavour Silver Corp. 4.06% |
| ANGLOGOLD ASHANTI PLC 6.25% | Major Drilling Group International Inc. 4.03% |
| KINROSS GOLD CORP 5.78% | NexGen Energy Ltd. 3.66% |
| GOLD FIELDS LTD 4.79% | Cameco Corp. 3.59% |
| FRANCO-NEVADA CORP 3.93% | Steel Dynamics Inc. 3.50% |
| EVOLUTION MINING LTD 3.11% | ATALAYA MINING COPPER SA 3.47% |
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 May 31, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| GDMN | METL | GDMN | METL | GDMN | METL | |
| 3 months | +13.8% | −4.2% | +11.5 pts | −6.5 pts | +16.3 pts | −1.8 pts |
| 6 months | +8.7% | +10.9% | −9.4 pts | −7.1 pts | −15.6 pts | −13.3 pts |
| 1 year | +40.2% | +32.8% | +23.7 pts | +16.2 pts | +18.5 pts | +11.0 pts |
| 3 years | +381.8% | not published | +303.4 pts | not published | +283.6 pts | not published |
| Since launch | +342.7% | +35.0% | +268.0 pts | +16.6 pts | +250.7 pts | +10.2 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 | METL Sprott Active Metals & Miners ETF Holds 45 stocks in miners and metals, 12% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | WisdomTree | Sprott |
| Theme | Gold miners | Miners and metals |
| In the S&P 500 | 12.4% | 12.5% |
| Active share vs the S&P 500 | 99.8% | 99.7% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 54 | 45 |
| Top ten, share of the fund | 60.6% | 37.9% |
| Expense ratio | 0.45% | 0.99% |
| Fee for the differing part | 0.45% | 0.99% |
| Total return, 1 year | +40.2% | +32.8% |
| vs the S&P 500 | +23.7 pts | +16.2 pts |
| vs the Nasdaq-100 | +18.5 pts | +11.0 pts |
| Below its high | −33.8% | −19.4% |
| Net assets | $223m | $85m |
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.
METL in plain words
By weight, 12% of METL'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 38% of the fund across 45 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +32.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 16.2 pts. It sits 19.4% below its all-time high of Jan 28, 2026.
Questions people ask
- Do GDMN and METL hold the same stocks?
- By their latest filings, 8% 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, GDMN or METL?
- GDMN has 12% of its weight in S&P 500 names and METL has 12%, so GDMN differs more from the index.
- Which is cheaper, GDMN or METL?
- GDMN charges 0.45% a year and METL charges 0.99%, 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 METL, data as of Sep 18, 2026. https://etfiq.com/compare/themes/gdmn-vs-metl Free to use with attribution; the underlying files are at Open data.