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Data as of .

GDX vs PICK: which is really different?

GDX and PICK hold 0% of their weight in the same names, and PICK returned more over the year.

VanEck Gold Miners ETF and iShares MSCI Global Metals & Mining Producers ETF.

10.9%GDX in the S&P 500
11.8%PICK in the S&P 500
+39.8%GDX total return, 1 year
+49.6%PICK total return, 1 year

ETFIQ Off-Index Score: GDX scores higher

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

GDX 77.7PICK 740.1, 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

GDX89% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
11%89%inof its weight outside the S&P 500active share 100% · top ten 59% of the fund · 59 holdings filed Sep 17, 2026 · Nasdaq-100: 0% in11%89%inof its weight outside the S&P 500active share 100% · top ten 59% of the fund
PICK88% 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 47% of the fund · 279 holdings filed Sep 17, 2026 · Nasdaq-100: 0% in12%88%inof its weight outside the S&P 500active share 100% · top ten 47% of the fund

0% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, GDX and PICK hold 0% of their money in the same securities at the same weight.

Positions GDX and PICK both hold, largest shared weight first
HoldingGDXPICK
Cia De Minas Buenaventura Saa0.87%0.35%
Only in each
Only in GDXOnly in PICK
Agnico Eagle Mines Ltd 10.99%BHP GROUP LTD 13.44%
Newmont Corp 10.88%RIO TINTO PLC 6.27%
Barrick Mining Corp 7.75%FREEPORT MCMORAN INC 6.26%
Wheaton Precious Metals Corp 5.74%GLENCORE PLC 4.26%
Franco-Nevada Corp 5.22%ANGLO AMERICAN PLC 3.41%
Anglogold Ashanti Plc 4.96%NUCOR 3.36%
Kinross Gold Corp 4.12%CIA VALE DO RIO DOCE SH 3.17%
Gold Fields Ltd 4.11%RIO TINTO LTD 2.69%

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 Sep 18, 2026.

Performance, window by window

GDX and PICK over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
GDXPICKGDXPICKGDXPICK
3 months+15.7%−1.8%+13.5 pts−4.0 pts+18.2 pts+0.7 pts
6 months+19.2%+20.2%+1.1 pts+2.2 pts−5.1 pts−4.0 pts
1 year+39.8%+49.6%+23.2 pts+33.1 pts+18.0 pts+27.9 pts
3 years+236.3%+67.1%+157.8 pts−11.3 pts+138.1 pts−31.1 pts
Since launch+133.2%+114.0%−670.3 pts−527.4 pts−1557.0 pts−1122.5 pts
Open the live comparison on ETFIQ
GDX and PICK on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GDX
VanEck Gold Miners ETF
Holds 59 stocks in gold miners, 11% of its weight in S&P 500 companies
PICK
iShares MSCI Global Metals & Mining Producers ETF
Holds 279 stocks in miners and metals, 12% of its weight in S&P 500 companies
IssuerVanEckiShares
ThemeGold minersMiners and metals
In the S&P 50010.9%11.8%
Active share vs the S&P 50099.8%99.7%
In the Nasdaq-1000.0%0.0%
Holdings59279
Top ten, share of the fund58.5%47.2%
Expense ratio0.51%0.39%
Fee for the differing part0.51%0.39%
Total return, 1 year+39.8%+49.6%
vs the S&P 500+23.2 pts+33.1 pts
vs the Nasdaq-100+18.0 pts+27.9 pts
Below its high−17.6%−9.6%
Net assets$28.4bn$2.5bn

GDX in plain words

By weight, 11% of GDX'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 58% of the fund across 59 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +39.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 23.2 pts. It sits 17.6% below its all-time high of Feb 27, 2026.

PICK in plain words

By weight, 12% of PICK'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 47% of the fund across 279 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +49.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 33.1 pts. It sits 9.6% below its all-time high of Jun 2, 2026.

Questions people ask

Do GDX and PICK hold the same stocks?
By their latest filings, 0% 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, GDX or PICK?
GDX has 11% of its weight in S&P 500 names and PICK has 12%, so GDX differs more from the index.
Which is cheaper, GDX or PICK?
GDX charges 0.51% a year and PICK charges 0.39%, so PICK 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.

GDX against PICK, 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, GDX against PICK, data as of Sep 18, 2026. https://etfiq.com/compare/themes/gdx-vs-pick Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources