Data as of .
GOEX vs SGDM: which is really different?
GOEX and SGDM hold 30% of their weight in the same names, and GOEX returned more over the year.
ETFIQ Off-Index Score: GOEX scores higher
How much of it is not the index it is sold as an alternative to?
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
30% 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 SGDM hold 30% of their money in the same securities at the same weight.
| Holding | GOEX | SGDM |
|---|---|---|
| COEUR MINING INC | 4.14% | 3.57% |
| LUNDIN GOLD INC | 3.19% | 3.19% |
| DPM METALS INC | 4.56% | 2.90% |
| OCEANAGOLD CORP | 3.24% | 2.60% |
| DISCOVERY MINING LTD | 2.75% | 2.58% |
| TOREX GOLD RESOURCES INC | 2.27% | 2.50% |
| CENTERRA GOLD INC | 2.24% | 2.60% |
| WESDOME GOLD MINES LTD | 1.87% | 2.58% |
| FORTUNA MINING CORP | 1.78% | 2.41% |
| ALLIED GOLD CORP | 1.08% | 2.42% |
| MONTAGE GOLD CORP | 1.76% | 0.35% |
| AURA MINERALS INC | 1.35% | 0.33% |
| Only in GOEX | Only in SGDM |
|---|---|
| HECLA MINING CO 5.06% | Agnico Eagle Mines Ltd. 9.67% |
| G MINING VENTURE CORP 3.08% | Newmont Corp. 7.42% |
| PERSEUS MINING LTD 3.08% | Barrick Mining Corp. 7.36% |
| ALAMOS GOLD INC-CLASS A 3.02% | Wheaton Precious Metals Corp. 7.22% |
| GENESIS MINERALS LTD 2.60% | Franco-Nevada Corp. 6.04% |
| K92 MINING 2.46% | Kinross Gold Corp. 4.47% |
| RAMELIUS RESOURCES LTD 2.33% | Pan American Silver Corp. 3.69% |
| ARTEMIS GOLD INC 2.15% | Endeavour Mining PLC 3.30% |
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
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| GOEX | SGDM | GOEX | SGDM | GOEX | SGDM | |
| 3 months | +18.7% | +17.8% | +16.4 pts | +15.5 pts | +21.2 pts | +20.3 pts |
| 6 months | +22.1% | +20.2% | +4.1 pts | +2.2 pts | −2.1 pts | −4.0 pts |
| 1 year | +50.3% | +43.7% | +33.7 pts | +27.1 pts | +28.5 pts | +21.9 pts |
| 3 years | +294.9% | +234.7% | +216.6 pts | +156.3 pts | +196.8 pts | +136.6 pts |
| Since launch | +29.5% | +261.2% | −696.3 pts | −112.7 pts | −1410.7 pts | −467.4 pts |
| GOEX Global X Gold Explorers ETF Holds 55 stocks in gold miners, 0% of its weight in S&P 500 companies | SGDM Sprott Gold Miners ETF Holds 48 stocks in gold miners, 7% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Global X | Sprott |
| Theme | Gold miners | Gold miners |
| In the S&P 500 | 0.0% | 7.4% |
| Active share vs the S&P 500 | 100.0% | 99.8% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 55 | 48 |
| Top ten, share of the fund | 39.4% | 55.9% |
| Expense ratio | 0.65% | 0.46% |
| Fee for the differing part | 0.65% | 0.46% |
| Total return, 1 year | +50.3% | +43.7% |
| vs the S&P 500 | +33.7 pts | +27.1 pts |
| vs the Nasdaq-100 | +28.5 pts | +21.9 pts |
| Below its high | −17.9% | −15.9% |
| Net assets | $131m | $713m |
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.
SGDM in plain words
By weight, 7% of SGDM'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 56% of the fund across 48 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +43.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 27.1 pts. It sits 15.9% below its all-time high of Mar 2, 2026.
Questions people ask
- Do GOEX and SGDM hold the same stocks?
- By their latest filings, 30% 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, GOEX or SGDM?
- GOEX has 0% of its weight in S&P 500 names and SGDM has 7%, so GOEX differs more from the index.
- Which is cheaper, GOEX or SGDM?
- GOEX charges 0.65% a year and SGDM charges 0.46%, so SGDM 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.
Cite this page. ETFIQ, GOEX against SGDM, data as of Sep 18, 2026. https://etfiq.com/compare/themes/goex-vs-sgdm Free to use with attribution; the underlying files are at Open data.