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Data as of .

GDX vs SILJ: which is really different?

GDX and SILJ hold 23% of their weight in the same names, and SILJ returned more over the year.

VanEck Gold Miners ETF and Amplify Junior Silver Miners ETF.

10.9%GDX in the S&P 500
0.0%SILJ in the S&P 500
+39.8%GDX total return, 1 year
+53.2%SILJ total return, 1 year

ETFIQ Off-Index Score: SILJ scores higher

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

GDX 77.7SILJ 91.80.1, 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
SILJ100% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 60% of the fund · 70 holdings filed Sep 21, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 60% of the fund

23% 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 SILJ hold 23% of their money in the same securities at the same weight.

Positions GDX and SILJ both hold, largest shared weight first
HoldingGDXSILJ
Wheaton Precious Metals Corp5.74%5.83%
Pan American Silver Corp2.72%2.94%
Franco-Nevada Corp5.22%2.42%
Coeur Mining Inc2.19%10.38%
Hecla Mining Co1.33%10.49%
Royal Gold Inc1.94%1.33%
First Majestic Silver Corp1.31%10.35%
Fresnillo Plc1.10%0.90%
Cia De Minas Buenaventura Saa0.87%3.16%
Ssr Mining Inc0.85%4.81%
Or Royalties Inc0.63%2.70%
Industrias Penoles Sab De Cv1.42%0.53%
Only in each
Only in GDXOnly in SILJ
Agnico Eagle Mines Ltd 10.99%Boliden AB 3.89%
Newmont Corp 10.88%Perpetua Resources Corp 3.10%
Barrick Mining Corp 7.75%Hycroft Mining Holding Corp 3.01%
Anglogold Ashanti Plc 4.96%Triple Flag Precious Metals Corp 2.41%
Kinross Gold Corp 4.12%Americas Gold & Silver Corp 1.92%
Gold Fields Ltd 4.11%Vizsla Silver Corp 1.90%
Northern Star Resources Ltd 2.45%Avino Silver & Gold Mines Ltd 1.20%
Alamos Gold Inc 1.89%AbraSilver Resource Corp 1.04%

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 and Sep 21, 2026.

Performance, window by window

GDX and SILJ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
GDXSILJGDXSILJGDXSILJ
3 months+15.7%+8.1%+13.5 pts+5.9 pts+18.2 pts+10.6 pts
6 months+19.2%+14.8%+1.1 pts−3.3 pts−5.1 pts−9.5 pts
1 year+39.8%+53.2%+23.2 pts+36.6 pts+18.0 pts+31.4 pts
3 years+236.3%+263.6%+157.8 pts+185.2 pts+138.1 pts+165.5 pts
Since launch+133.2%+75.8%−670.3 pts−506.2 pts−1557.0 pts−1057.0 pts
Open the live comparison on ETFIQ
GDX and SILJ 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
SILJ
Amplify Junior Silver Miners ETF
Holds 70 stocks in silver miners, 0% of its weight in S&P 500 companies
IssuerVanEckAmplify
ThemeGold minersSilver miners
In the S&P 50010.9%0.0%
Active share vs the S&P 50099.8%100.0%
In the Nasdaq-1000.0%0.0%
Holdings5970
Top ten, share of the fund58.5%59.7%
Expense ratio0.51%0.69%
Fee for the differing part0.51%0.69%
Total return, 1 year+39.8%+53.2%
vs the S&P 500+23.2 pts+36.6 pts
vs the Nasdaq-100+18.0 pts+31.4 pts
Below its high−17.6%−25.1%
Net assets$28.4bn$3.9bn

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.

SILJ in plain words

By weight, 0% of SILJ'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 60% of the fund across 70 positions, as published by its issuer for Sep 21, 2026. Over the year to Sep 18, 2026 the fund returned +53.2% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 36.6 pts. It sits 25.1% below its all-time high of Feb 27, 2026.

Questions people ask

Do GDX and SILJ hold the same stocks?
By their latest filings, 23% 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, GDX or SILJ?
GDX has 11% of its weight in S&P 500 names and SILJ has 0%, so SILJ differs more from the index.
Which is cheaper, GDX or SILJ?
GDX charges 0.51% a year and SILJ charges 0.69%, so GDX 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 SILJ, 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 SILJ, data as of Sep 18, 2026. https://etfiq.com/compare/themes/gdx-vs-silj Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources