Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

GOEX vs PICK: which is really different?

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

Global X Gold Explorers ETF and iShares MSCI Global Metals & Mining Producers ETF.

0.0%GOEX in the S&P 500
11.8%PICK in the S&P 500
+50.3%GOEX total return, 1 year
+49.6%PICK total return, 1 year

ETFIQ Off-Index Score: GOEX scores higher

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

GOEX 91.8PICK 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

GOEX100% 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 39% of the fund · 55 holdings filed Sep 18, 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 39% 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, GOEX and PICK hold 0% of their money in the same securities at the same weight.

Only in each
Only in GOEXOnly in PICK
EQUINOX GOLD CORP 5.33%BHP GROUP LTD 13.44%
HECLA MINING CO 5.06%RIO TINTO PLC 6.27%
DPM METALS INC 4.56%FREEPORT MCMORAN INC 6.26%
ELDORADO GOLD CORP 4.16%GLENCORE PLC 4.26%
COEUR MINING INC 4.14%ANGLO AMERICAN PLC 3.41%
SSR MINING INC 3.56%NUCOR 3.36%
OCEANAGOLD CORP 3.24%CIA VALE DO RIO DOCE SH 3.17%
LUNDIN GOLD INC 3.19%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

GOEX 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
GOEXPICKGOEXPICKGOEXPICK
3 months+18.7%−1.8%+16.4 pts−4.0 pts+21.2 pts+0.7 pts
6 months+22.1%+20.2%+4.1 pts+2.2 pts−2.1 pts−4.0 pts
1 year+50.3%+49.6%+33.7 pts+33.1 pts+28.5 pts+27.9 pts
3 years+294.9%+67.1%+216.6 pts−11.3 pts+196.8 pts−31.1 pts
Since launch+29.5%+114.0%−696.3 pts−527.4 pts−1410.7 pts−1122.5 pts
Open the live comparison on ETFIQ
GOEX and PICK on the same fields, as of Sep 18, 2026. Source: ETFIQ.
GOEX
Global X Gold Explorers ETF
Holds 55 stocks in gold miners, 0% 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
IssuerGlobal XiShares
ThemeGold minersMiners and metals
In the S&P 5000.0%11.8%
Active share vs the S&P 500100.0%99.7%
In the Nasdaq-1000.0%0.0%
Holdings55279
Top ten, share of the fund39.4%47.2%
Expense ratio0.65%0.39%
Fee for the differing part0.65%0.39%
Total return, 1 year+50.3%+49.6%
vs the S&P 500+33.7 pts+33.1 pts
vs the Nasdaq-100+28.5 pts+27.9 pts
Below its high−17.9%−9.6%
Net assets$131m$2.5bn

GOEX in plain words

By weight, 0% of GOEX'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 39% of the fund across 55 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +50.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 33.7 pts. It sits 17.9% below its all-time high of Mar 2, 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 GOEX 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, GOEX or PICK?
GOEX has 0% of its weight in S&P 500 names and PICK has 12%, so GOEX differs more from the index.
Which is cheaper, GOEX or PICK?
GOEX charges 0.65% 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.

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

How every figure is computed · Standards and sources