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Data as of .

GDMN vs SLVP: which is really different?

GDMN and SLVP hold 26% of their weight in the same names, and SLVP returned more over the year.

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund and iShares MSCI Global Silver and Metals Miners ETF.

12.4%GDMN in the S&P 500
4.6%SLVP in the S&P 500
+40.2%GDMN total return, 1 year
+62.7%SLVP total return, 1 year

ETFIQ Off-Index Score: GDMN scores higher

How much of it is not the index it is sold as an alternative to?

GDMN 77.7SLVP 77.70.1, the lowest in this set91.8, the highest

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

GDMN88% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
12%88%inof its weight outside the S&P 500active share 100% · top ten 61% of the fund · 54 holdings filed May 31, 2026 · Nasdaq-100: 0% in12%88%inof its weight outside the S&P 500active share 100% · top ten 61% of the fund
SLVP95% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
5%95%inof its weight outside the S&P 500active share 100% · top ten 72% of the fund · 50 holdings filed Sep 17, 2026 · Nasdaq-100: 0% in5%95%5% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 72% of the fund

26% 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 SLVP hold 26% of their money in the same securities at the same weight.

Positions GDMN and SLVP both hold, largest shared weight first
HoldingGDMNSLVP
NEWMONT CORP12.40%4.56%
AGNICO EAGLE MINES LTD7.93%4.43%
WHEATON PRECIOUS METALS CORP4.31%4.57%
COEUR MINING INC2.19%1.80%
PAN AMERICAN SILVER CORP3.93%1.59%
FRESNILLO PLC1.58%8.20%
DPM METALS INC1.23%1.13%
SSR MINING INC1.25%1.08%
LUNDIN GOLD INC1.03%0.95%
TOREX GOLD RESOURCES INC0.76%0.54%
FORTUNA MINING CORP0.31%0.84%
GOGOLD RESOURCES INC0.13%1.88%
Only in each
Only in GDMNOnly in SLVP
BARRICK MINING CORP 8.21%HECLA MINING 14.50%
ANGLOGOLD ASHANTI PLC 6.25%INDUST PENOLES 11.00%
KINROSS GOLD CORP 5.78%FIRST MAJESTIC SILVER 10.86%
GOLD FIELDS LTD 4.79%AYA GOLD & SILVER INC 4.88%
FRANCO-NEVADA CORP 3.93%DISCOVERY MINING LTD 4.59%
EVOLUTION MINING LTD 3.11%ENDEAVOUR SILVER CORP 4.09%
ALAMOS GOLD INC 3.06%SILVERCORP METALS INC 3.59%
NORTHERN STAR RESOURCES LTD 2.94%KINROSS GOLD 2.57%

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

GDMN and SLVP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
GDMNSLVPGDMNSLVPGDMNSLVP
3 months+13.8%+16.9%+11.5 pts+14.6 pts+16.3 pts+19.4 pts
6 months+8.7%+22.9%−9.4 pts+4.9 pts−15.6 pts−1.4 pts
1 year+40.2%+62.7%+23.7 pts+46.1 pts+18.5 pts+40.9 pts
3 years+381.8%+329.2%+303.4 pts+250.8 pts+283.6 pts+231.1 pts
Since launch+342.7%+86.9%+268.0 pts−554.5 pts+250.7 pts−1149.6 pts
Open the live comparison on ETFIQ
GDMN and SLVP on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GDMN
WisdomTree Efficient Gold Plus Gold Miners Strategy Fund
Holds 54 stocks in gold miners, 12% of its weight in S&P 500 companies
SLVP
iShares MSCI Global Silver and Metals Miners ETF
Holds 50 stocks in silver miners, 5% of its weight in S&P 500 companies
IssuerWisdomTreeiShares
ThemeGold minersSilver miners
In the S&P 50012.4%4.6%
Active share vs the S&P 50099.8%99.8%
In the Nasdaq-1000.0%0.0%
Holdings5450
Top ten, share of the fund60.6%71.6%
Expense ratio0.45%0.39%
Fee for the differing part0.45%0.39%
Total return, 1 year+40.2%+62.7%
vs the S&P 500+23.7 pts+46.1 pts
vs the Nasdaq-100+18.5 pts+40.9 pts
Below its high−33.8%−18.4%
Net assets$223m$986m

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.

SLVP in plain words

By weight, 5% of SLVP'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 72% of the fund across 50 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +62.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 46.1 pts. It sits 18.4% below its all-time high of Feb 27, 2026.

Questions people ask

Do GDMN and SLVP hold the same stocks?
By their latest filings, 26% 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 SLVP?
GDMN has 12% of its weight in S&P 500 names and SLVP has 5%, so GDMN differs more from the index.
Which is cheaper, GDMN or SLVP?
GDMN charges 0.45% a year and SLVP charges 0.39%, so SLVP 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.

GDMN against SLVP, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GDMN against SLVP, data as of Sep 18, 2026. https://etfiq.com/compare/themes/gdmn-vs-slvp Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources