Data as of Nov 4, 2026.
GDXJ vs SETM: Holdings Overlap & Returns
Over the year to Nov 4, 2026, GDXJ returned +21.7% to SETM's +3.9%; 10% of their weight is in the same names.
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Net assets: $7.0bn on Nov 3, 2026 for VanEck Junior Gold Miners ETF, and $421m on Nov 4, 2026 for Sprott Critical Materials ETF.
0% of GDXJ's weight is in S&P 500 companies and 100% is outside the index. Holdings as of Nov 2, 2026.
9% of SETM's weight is in S&P 500 companies and 91% is outside the index. Holdings as of Nov 4, 2026.
Pair scorecard
GDXJ costs 0.13 points a year less; their one-year returns differ by 17.8 points; GDXJ is 17.1 times larger.
Points (pts) are percentage points.
| Measure | GDXJ | SETM |
|---|---|---|
| Return | ||
| Total return, 1 year | +21.7% | +3.9% |
| Drawdown | ||
| Below its all-time high | 33.3%, high on Feb 27, 2026 | 37.4%, high on Jan 28, 2026 |
| Against its benchmark | ||
| What it tracks | Gold miners | Rare earth and critical materials |
| Against the S&P 500, 1 year | behind by 10.9 pts | |
| Its benchmark, total return, 1 year | +15.0% | +14.8% |
| Against its benchmark, 1 year | ahead by 6.7 pts | behind by 10.9 pts |
| Cost and size | ||
| Expense ratio | 0.52% | 0.65% |
| Net assets, as of Nov 3, 2026 | $7.0bn | $410m |
| Holdings | ||
| Holdings in common | 10% | |
Risk and return
Feb 10, 2023 to Oct 30, 2026 · 194 weekly returnsEach against its own benchmark: GDXJ against ACWI, Nov 20, 2009 to Oct 30, 2026; SETM against VOO, Feb 10, 2023 to Oct 30, 2026.
From Feb 2023 to Oct 2026, GDXJ returned more: +181.4% to +34.3%. SETM swung less: 36.2% to 43.4%. SETM fell slightly less at its worst: −39.0% to −41.0%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | GDXJ | SETM | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +181.4% | +34.3% | GDXJ | Price change plus distributions, reinvested. |
| Annualized | +32.0% | +8.2% | GDXJ | Total return as a yearly rate. |
| Price return | +166.5% | +26.5% | GDXJ | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 43.4% | 36.2% | SETM | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 27.1% | 25.6% | SETM (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −41.0% | −39.0% | SETM (slight) | Deepest fall from a high to the low after it. |
| Upside capture | 72.0% | 116.9% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 97.7% | 129.3% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.99 | 1.48 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.14 | 0.32 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.75 | 0.27 | GDXJ | Return above Treasury bills per unit of volatility. |
| Sortino | 1.20 | 0.39 | GDXJ | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.092 | 0.067 | Return above Treasury bills per unit of beta. | |
| Calmar | 0.78 | 0.21 | GDXJ | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | ACWI | VOO | The ETF each fund is measured against. | |
| Alpha | −0.3% a year | −11.2% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | −0.03 | −0.71 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −19.2% to +18.6% | −42.0% to +19.7% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.01 | −0.14 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 39.5% | 30.6% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 194 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, GDXJ and SETM hold 10% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.
half
10% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | GDXJ | SETM | GDXJ | SETM |
| 3 months | −4.8% | −21.2% | −3.5 pts vs ACWI | −21.1 pts vs VOO |
| 6 months | −15.1% | −35.3% | −17.7 pts vs ACWI | −40.3 pts vs VOO |
| 1 year | +21.7% | +3.9% | +6.7 pts vs ACWI | −10.9 pts vs VOO |
| 3 years | +210.2% | +57.7% | +132.6 pts vs ACWI | −25.6 pts vs VOO |
| Since launchNot the same days: GDXJ Nov 2009 · SETM Feb 2023 | +44.7% | +29.5% | not measured | −64.0 pts vs VOO |
Side by side
As of Nov 4, 2026. Source: ETFIQ.
10% of the two portfolios are the same securities at the same weight.
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GDXJ
By weight, 0% of GDXJ'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 41% of the fund across 155 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +21.7% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was ahead by 6.7 pts. It sits 33.3% below its all-time high of Feb 27, 2026.
SETM
By weight, 9% of SETM'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 40% of the fund across 156 positions, as published by its issuer for Nov 4, 2026. Over the year to Nov 4, 2026 the fund returned +3.9% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Total Return Index, so a holder was behind by 10.9 pts. It sits 37.4% below its all-time high of Jan 28, 2026.
Questions people ask
- Do GDXJ and SETM hold the same stocks?
- By their latest filings, 10% 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, GDXJ against SETM, data as of Nov 4, 2026. https://etfiq.com/compare/themes/gdxj-vs-setm
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