Data as of Nov 4, 2026.
GDMN vs XME: Holdings Overlap & Returns
Over the year to Nov 4, 2026, GDMN returned +11.8% to XME's +6.7%; 9% 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 $3.6bn on Nov 3, 2026 for State Street SPDR S&P Metals & Mining ETF.
12% of GDMN's weight is in S&P 500 companies and 88% is outside the index. Holdings as of Aug 31, 2026.
22% of XME's weight is in S&P 500 companies and 78% is outside the index. Holdings as of Nov 3, 2026.
Pair scorecard
XME costs 0.10 points a year less; their one-year returns differ by 5.1 points.
Points (pts) are percentage points.
| Measure | GDMN | XME |
|---|---|---|
| Return | ||
| Total return, 1 year | +11.8% | +6.7% |
| Drawdown | ||
| Below its all-time high | 44.7%, high on Jan 28, 2026 | 27.8%, high on Jun 2, 2026 |
| Against its benchmark | ||
| What it tracks | Gold miners | Miners and metals |
| Against the S&P 500, 1 year | behind by 8.1 pts | |
| Its benchmark, total return, 1 year | +14.8% | |
| Against its benchmark, 1 year | behind by 8.1 pts | |
| Cost and size | ||
| Expense ratio | 0.45% | 0.35% |
| Net assets, GDMN as of Aug 31, 2026 and XME as of Nov 3, 2026 | $221m | $3.6bn |
| Holdings | ||
| Holdings in common | 9% | |
Risk and return
Dec 23, 2021 to Oct 30, 2026 · 253 weekly returnsFrom Dec 2021 to Oct 2026, GDMN returned more: +219.2% to +129.8%. XME swung less: 33.0% to 49.2%. XME fell less at its worst: −36.3% to −50.9%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | GDMN | XME | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +219.2% | +129.8% | GDMN | Price change plus distributions, reinvested. |
| Annualized | +26.9% | +18.7% | GDMN | Total return as a yearly rate. |
| Price return | +142.4% | +120.5% | GDMN | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 49.2% | 33.0% | XME | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 31.2% | 22.2% | XME | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −50.9% | −36.3% | XME | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.65 | 0.56 | GDMN | Return above Treasury bills per unit of volatility. |
| Sortino | 1.02 | 0.83 | GDMN | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.53 | 0.51 | 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
By the books each fund has filed, GDMN and XME hold 9% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.
half
9% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | GDMN | XME | GDMN | XME |
| 3 months | −5.4% | −14.4% | not measured | −14.3 pts vs IVV |
| 6 months | −22.4% | −22.7% | not measured | −27.7 pts vs IVV |
| 1 year | +11.8% | +6.7% | not measured | −8.1 pts vs IVV |
| 3 years | +294.4% | +89.9% | not measured | +6.5 pts vs IVV |
| Since launchNot the same days: GDMN Dec 2021 · XME Jun 2006 | +269.7% | +174.0% | not measured | not measured |
Side by side
As of Nov 4, 2026. Source: ETFIQ.
9% of the two portfolios are the same securities at the same weight.
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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.
XME
By weight, 22% of XME'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 38 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +6.7% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 8.1 pts. It sits 27.8% below its all-time high of Jun 2, 2026.
Questions people ask
- Do GDMN and XME hold the same stocks?
- By their latest filings, 9% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
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.
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ETFIQ, GDMN against XME, data as of Nov 4, 2026. https://etfiq.com/compare/themes/gdmn-vs-xme
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[GDMN against XME (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/gdmn-vs-xme)
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