Do GDMN and SIL hold the same stocks?

By their latest filings, 14% 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 SIL?

GDMN has 12% of its weight in S&P 500 names and SIL has 0%, so SIL differs more from the index.

Which is cheaper, GDMN or SIL?

GDMN charges 0.45% a year and SIL charges 0.65%, so GDMN is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

GDMN vs SIL: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, GDMN returned +11.8% to SIL's +27.1%; 14% 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 $4.4bn on Oct 12, 2026 for Global X Silver Miners ETF.

GDMN on its own →SIL on its own →

At a glance

11.7%

GDMN in the S&P 500

0.0%

SIL in the S&P 500

+11.8%

GDMN total return, 1 year

+27.1%

SIL 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.

SIL · 1 year to Nov 4, 2026 100% of its weight is outside the S&P 500

0% of SIL's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Jul 31, 2026.

Pair scorecard

GDMN costs 0.20 points a year less; their one-year returns differ by 15.3 points.

Points (pts) are percentage points.

GDMN vs SIL: Holdings Overlap & Returns
Measure	GDMN	SIL
Return
Measure	GDMN	SIL
Total return, 1 year	+11.8%	+27.1%
Drawdown
Measure	GDMN	SIL
Below its all-time high	44.7%, high on Jan 28, 2026	33.7%, high on Feb 27, 2026
Against its benchmark
Measure	GDMN	SIL
What it tracks	Gold miners	Silver miners
Its benchmark, total return, 1 year		+15.0%
Against its benchmark, 1 year		ahead by 12.1 pts
Cost and size
Measure	GDMN	SIL
Expense ratio	0.45%	0.65%
Net assets, GDMN as of Aug 31, 2026 and SIL as of Oct 12, 2026	$221m	$4.4bn
Holdings
Measure	GDMN	SIL
Holdings in common	14%

Method

Risk and return

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

GDMN SIL

Return

Total return edge GDMN +219.2% +103.2%

Annualized edge GDMN +26.9% +15.7%

Price return edge GDMN +142.4% +91.4%

Risk

Volatility edge SIL 49.2% 42.4%

Max drawdown edge SIL −50.9% −43.5%

Risk-adjusted

Sharpe edge GDMN 0.65 0.46

Sortino edge GDMN 1.02 0.70

Calmar edge GDMN 0.53 0.36

Reading

From Dec 2021 to Oct 2026, GDMN returned more: +219.2% to +103.2%. SIL swung less: 42.4% to 49.2%. SIL fell less at its worst: −43.5% to −50.9%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: GDMN vs SIL: Holdings Overlap & Returns
Measure	GDMN	SIL	Edge	How it is measured
Return
Total return	+219.2%	+103.2%	GDMN	Price change plus distributions, reinvested.
Annualized	+26.9%	+15.7%	GDMN	Total return as a yearly rate.
Price return	+142.4%	+91.4%	GDMN	Price change alone, distributions left out.
Risk
Volatility	49.2%	42.4%	SIL	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	31.2%	27.7%	SIL	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−50.9%	−43.5%	SIL	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.65	0.46	GDMN	Return above Treasury bills per unit of volatility.
Sortino	1.02	0.70	GDMN	Return above Treasury bills per unit of downside deviation.
Calmar	0.53	0.36	GDMN	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

14%

By the books each fund has filed, GDMN and SIL hold 14% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

50%

0 half 100%

half

14% in common

Positions both hold · largest shared weight first GDMN SIL

WHEATON PRECIOUS METALS CORP 4.04% 22.38%

PAN AMERICAN SILVER CORP 2.93% 12.54%

COEUR MINING INC 1.93% 10.59%

FRESNILLO PLC 1.29% 4.30%

SSR MINING INC 1.24% 3.85%

COMPANIA DE MINAS BUENAVENTURA SA 1.22% 4.18%

OR ROYALTIES INC 0.90% 4.16%

FORTUNA MINING CORP 0.31% 1.92%

GOGOLD RESOURCES INC 0.14% 0.63%

INTEGRA RESOURCES CORP 0.01% 0.29%

Only in one fund ↓

Only in GDMN

NEWMONT CORP 11.66%

AGNICO EAGLE MINES LTD 7.23%

BARRICK MINING CORP 7.09%

ANGLOGOLD ASHANTI PLC 5.95%

KINROSS GOLD CORP 4.82%

GOLD FIELDS LTD 4.58%

FRANCO-NEVADA CORP 3.75%

EVOLUTION MINING LTD 3.19%

Only in SIL

INDUSTRIAS PENOLES, S.A.B. DE C.V. 5.21%

HECLA MINING COMPANY 4.63%

FIRST MAJESTIC SILVER CORP. 4.47%

DISCOVERY MINING LTD. 3.00%

KOREA ZINC INC 2.43%

Aya Gold & Silver Inc. 2.01%

ENDEAVOUR SILVER CORP. 1.66%

Triple Flag Precious Metals Corp. 1.50%

Check overlap with more funds →

Window by window

Window by window: GDMN vs SIL: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	GDMN	SIL	GDMN	SIL
3 months	−5.4%	−6.8%	not measured	−5.5 pts vs ACWI
6 months	−22.4%	−17.4%	not measured	−20.0 pts vs ACWI
1 year	+11.8%	+27.1%	not measured	+12.1 pts vs ACWI
3 years	+294.4%	+223.9%	not measured	+146.3 pts vs ACWI
Since launchNot the same days: GDMN Dec 2021 · SIL Apr 2010	+269.7%	+110.6%	not measured	−282.3 pts vs ACWI

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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 SIL Global X Silver Miners ETF · Holds 39 stocks in silver miners, 0% of its weight in S&P 500 companies

Issuer WisdomTree Global X

Theme Gold miners Silver miners

In the S&P 500 11.7% 0.0%

Active share vs the S&P 500 99.8% 100.0%

In the Nasdaq-100 0.0% 0.0%

Holdings 54 39

Top ten, share of the fund 55.4% 76.3%

Expense ratio 0.45% 0.65%

Fee for the differing part 0.45% 0.65%

Total return, 1 year +11.8% +27.1%

vs its benchmark not measured +12.1 pts vs ACWI

Below its high −44.7% −33.7%

Net assets, GDMN as of Aug 31, 2026 and SIL as of Oct 12, 2026 $221m $4.4bn

As of Nov 4, 2026. Source: ETFIQ.

14% 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.

SIL

By weight, 0% of SIL'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 76% of the fund across 39 positions, as filed for Jul 31, 2026. Over the year to Nov 4, 2026 the fund returned +27.1% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 12.1 pts. It sits 33.7% below its all-time high of Feb 27, 2026.

Questions people ask

Do GDMN and SIL hold the same stocks?: By their latest filings, 14% 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 SIL?: GDMN has 12% of its weight in S&P 500 names and SIL has 0%, so SIL differs more from the index.
Which is cheaper, GDMN or SIL?: GDMN charges 0.45% a year and SIL charges 0.65%, so GDMN is cheaper. Fees come from each fund's prospectus.

Other comparisons

GDMN vs SILJ GDMN vs SLVP GDMN vs AGMI GDMN vs PICK SIL vs SGDJ SIL vs GOEX SIL vs SGDM SIL vs RING

Where to next

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

Sources and dates

GDMN filings on SEC EDGAR ↗

GDMN prospectus with the expense ratio (SEC) ↗

WisdomTree page for GDMN ↗

SIL filings on SEC EDGAR ↗

SIL prospectus with the expense ratio (SEC) ↗

Global X page for SIL ↗

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 SIL, data as of Nov 4, 2026. https://etfiq.com/compare/themes/gdmn-vs-sil

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