Do GDMN and SGDM hold the same stocks?

By their latest filings, 55% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, GDMN or SGDM?

GDMN has 12% of its weight in S&P 500 names and SGDM has 8%, so GDMN differs more from the index.

Which is cheaper, GDMN or SGDM?

GDMN charges 0.45% a year and SGDM charges 0.46%, so GDMN is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

GDMN vs SGDM: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, GDMN returned +11.8% to SGDM's +27.9%; 55% of their weight is in the same names.

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Net assets: $221m on Aug 31, 2026 for WisdomTree Efficient Gold Plus Gold Miners Strategy Fund, and $617m on Nov 4, 2026 for Sprott Gold Miners ETF.

GDMN on its own →SGDM on its own →

At a glance

11.7%

GDMN in the S&P 500

8.0%

SGDM in the S&P 500

+11.8%

GDMN total return, 1 year

+27.9%

SGDM total return, 1 year

GDMN · 1 year to Nov 4, 2026 88% of its weight is outside the S&P 500

12% of GDMN's weight is in S&P 500 companies and 88% is outside the index. Holdings as of Aug 31, 2026.

SGDM · 1 year to Nov 4, 2026 92% of its weight is outside the S&P 500

8% of SGDM's weight is in S&P 500 companies and 92% is outside the index. Holdings as of Nov 4, 2026.

Pair scorecard

GDMN costs 0.01 points a year less; their one-year returns differ by 16.1 points.

GDMN vs SGDM: Holdings Overlap & Returns
Measure	GDMN	SGDM
Return
Measure	GDMN	SGDM
Total return, 1 year	+11.8%	+27.9%
Drawdown
Measure	GDMN	SGDM
Below its all-time high	44.7%, high on Jan 28, 2026	25.6%, high on Mar 2, 2026
Benchmark
Measure	GDMN	SGDM
What it tracks	Gold miners	Gold miners
Cost and size
Measure	GDMN	SGDM
Expense ratio	0.45%	0.46%
Net assets, GDMN as of Aug 31, 2026 and SGDM as of Nov 4, 2026	$221m	$617m
Holdings
Measure	GDMN	SGDM
Holdings in common	55%

Method

Risk and return

Dec 23, 2021 to Oct 30, 2026 · 253 weekly returns

GDMN SGDM

Return

Total return edge GDMN +219.2% +154.5%

Annualized edge GDMN +26.9% +21.2%

Price return edge Tie +142.4% +142.6%

Risk

Volatility edge SGDM 49.2% 38.2%

Max drawdown edge SGDM −50.9% −43.1%

Risk-adjusted

Sharpe edge GDMN (slight) 0.65 0.58

Sortino edge GDMN (slight) 1.02 0.93

Calmar edge GDMN (slight) 0.53 0.49

Reading

From Dec 2021 to Oct 2026, GDMN returned more: +219.2% to +154.5%. SGDM swung less: 38.2% to 49.2%. SGDM fell less at its worst: −43.1% to −50.9%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: GDMN vs SGDM: Holdings Overlap & Returns
Measure	GDMN	SGDM	Edge	How it is measured
Return
Total return	+219.2%	+154.5%	GDMN	Price change plus distributions, reinvested.
Annualized	+26.9%	+21.2%	GDMN	Total return as a yearly rate.
Price return	+142.4%	+142.6%	Tie	Price change alone, distributions left out.
Risk
Volatility	49.2%	38.2%	SGDM	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	31.2%	24.1%	SGDM	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−50.9%	−43.1%	SGDM	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.65	0.58	GDMN (slight)	Return above Treasury bills per unit of volatility.
Sortino	1.02	0.93	GDMN (slight)	Return above Treasury bills per unit of downside deviation.
Calmar	0.53	0.49	GDMN (slight)	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 253 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

55%

By the books each fund has filed, GDMN and SGDM hold 55% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 4, 2026.

50%

0 half 100%

half

55% in common

Positions both hold · largest shared weight first GDMN SGDM

NEWMONT CORP 11.66% 8.00%

AGNICO EAGLE MINES LTD 7.23% 10.02%

BARRICK MINING CORP 7.09% 7.73%

WHEATON PRECIOUS METALS CORP 4.04% 7.10%

KINROSS GOLD CORP 4.82% 3.85%

FRANCO-NEVADA CORP 3.75% 6.17%

PAN AMERICAN SILVER CORP 2.93% 3.45%

COEUR MINING INC 1.93% 2.97%

ENDEAVOUR MINING PLC 1.83% 3.11%

ANGLOGOLD ASHANTI PLC 5.95% 1.67%

HARMONY GOLD MINING COMPANY LTD 1.64% 2.98%

IAMGOLD CORP 1.51% 2.97%

Only in one fund ↓

Only in GDMN

EVOLUTION MINING LTD 3.19%

NORTHERN STAR RESOURCES LTD 3.07%

ZIJIN MINING GROUP CO LTD 1.34%

FRESNILLO PLC 1.29%

COMPANIA DE MINAS BUENAVENTURA SA 1.22%

PERSEUS MINING LTD 0.96%

REGIS RESOURCES LTD 0.75%

TOREX GOLD RESOURCES INC 0.68%

Only in SGDM

Torex Resources Inc 2.85%

Triple Flag Precious Metals Corp. 2.75%

Discovery Mining Ltd. 2.65%

Allied Gold Corp. 2.43%

Galiano Gold Inc. 2.33%

Aura Minerals Inc. 0.30%

Montage Gold Corp. 0.29%

Skeena Resources Ltd. 0.25%

Check overlap with more funds →

Window by window

Window by window: GDMN vs SGDM: Holdings Overlap & Returns
	Total return
Window	GDMN	SGDM
3 months	−5.4%	+2.7%
6 months	−22.4%	−5.9%
1 year	+11.8%	+27.9%
3 years	+294.4%	+198.6%
Since launchNot the same days: GDMN Dec 2021 · SGDM Jul 2014	+269.7%	+219.4%

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Side by side

GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund · Holds 54 stocks in gold miners, 12% of its weight in S&P 500 companies SGDM Sprott Gold Miners ETF · Holds 48 stocks in gold miners, 8% of its weight in S&P 500 companies

Issuer WisdomTree Sprott

Theme Gold miners Gold miners

In the S&P 500 11.7% 8.0%

Active share vs the S&P 500 99.8% 99.8%

In the Nasdaq-100 0.0% 0.0%

Holdings 54 48

Top ten, share of the fund 55.4% 56.0%

Expense ratio 0.45% 0.46%

Fee for the differing part 0.45% 0.46%

Total return, 1 year +11.8% +27.9%

vs its benchmark not measured not measured

Below its high −44.7% −25.6%

Net assets, GDMN as of Aug 31, 2026 and SGDM as of Nov 4, 2026 $221m $617m

As of Nov 4, 2026. Source: ETFIQ.

55% of the two portfolios are the same securities at the same weight.

Client brief:

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About each fund

GDMN

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 55% of the fund across 54 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned +11.8% with distributions reinvested. It sits 44.7% below its all-time high of Jan 28, 2026.

SGDM

By weight, 8% of SGDM'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 48 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned +27.9% with distributions reinvested. It sits 25.6% below its all-time high of Mar 2, 2026.

Questions people ask

Do GDMN and SGDM hold the same stocks?: By their latest filings, 55% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, GDMN or SGDM?: GDMN has 12% of its weight in S&P 500 names and SGDM has 8%, so GDMN differs more from the index.
Which is cheaper, GDMN or SGDM?: GDMN charges 0.45% a year and SGDM charges 0.46%, so GDMN is cheaper. Fees come from each fund's prospectus.

Other comparisons

GDMN vs SGDJ GDMN vs GDXJ GDMN vs GDX GDMN vs AUAU SGDM vs AUAU SGDM vs GDX SGDM vs GDXJ SGDM vs SGDJ

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →GDMN on its own →SGDM on its own →GDMN dividend history →GDMN holdings →SGDM dividend history →SGDM holdings →Method →Standards and sources →

Sources and dates

GDMN filings on SEC EDGAR ↗

GDMN prospectus with the expense ratio (SEC) ↗

WisdomTree page for GDMN ↗

SGDM filings on SEC EDGAR ↗

SGDM prospectus with the expense ratio (SEC) ↗

Sprott page for SGDM ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, GDMN against SGDM, data as of Nov 4, 2026. https://etfiq.com/compare/themes/gdmn-vs-sgdm

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.