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Data as of .

GOEX vs SIL: which is really different?

GOEX and SIL hold 20% of their weight in the same names.

Global X Gold Explorers ETF and Global X Silver Miners ETF.

0.0%GOEX in the S&P 500
0.0%SIL in the S&P 500
+50.3%GOEX total return, 1 year
+50.3%SIL 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 91.8SIL 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

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
SIL100% 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 76% of the fund · 43 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 76% of the fund

20% 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 SIL hold 20% of their money in the same securities at the same weight.

Positions GOEX and SIL both hold, largest shared weight first
HoldingGOEXSIL
HECLA MINING CO5.06%4.81%
COEUR MINING INC4.14%10.87%
SSR MINING INC3.56%4.23%
DISCOVERY MINING LTD2.75%3.26%
FORTUNA MINING CORP1.78%2.10%
ENDEAVOUR SILVER CORP1.47%1.75%
HOCHSCHILD MINING PLC1.20%1.42%
MCEWEN INC0.47%0.56%
OTHER PAYABLE & RECEIVABLES0.17%0.06%
CASH0.01%0.03%
CANADIAN DOLLAR0.01%0.00%
Only in each
Only in GOEXOnly in SIL
EQUINOX GOLD CORP 5.33%WHEATON PRECIOUS METALS CORP 24.02%
DPM METALS INC 4.56%PAN AMERICAN SILVER CORP 11.27%
ELDORADO GOLD CORP 4.16%FIRST MAJESTIC SILVER CORP 4.65%
OCEANAGOLD CORP 3.24%INDUSTRIAS PENOLES SAB DE CV 4.58%
LUNDIN GOLD INC 3.19%FRESNILLO PLC 4.06%
G MINING VENTURE CORP 3.08%OR ROYALTIES INC 3.98%
PERSEUS MINING LTD 3.08%CIA DE MINAS BUENAVENTUR-ADR 3.67%
ALAMOS GOLD INC-CLASS A 3.02%AYA GOLD & SILVER INC 2.28%

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 SIL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
GOEXSILGOEXSILGOEXSIL
3 months+18.7%+13.9%+16.4 pts+11.6 pts+21.2 pts+16.3 pts
6 months+22.1%+20.4%+4.1 pts+2.4 pts−2.1 pts−3.9 pts
1 year+50.3%+50.3%+33.7 pts+33.7 pts+28.5 pts+28.5 pts
3 years+294.9%+286.4%+216.6 pts+208.0 pts+196.8 pts+188.3 pts
Since launch+29.5%+156.7%−696.3 pts−586.9 pts−1410.7 pts−1411.9 pts
Open the live comparison on ETFIQ
GOEX and SIL 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
SIL
Global X Silver Miners ETF
Holds 43 stocks in silver miners, 0% of its weight in S&P 500 companies
IssuerGlobal XGlobal X
ThemeGold minersSilver miners
In the S&P 5000.0%0.0%
Active share vs the S&P 500100.0%100.0%
In the Nasdaq-1000.0%0.0%
Holdings5543
Top ten, share of the fund39.4%76.1%
Expense ratio0.65%0.65%
Fee for the differing part0.65%0.65%
Total return, 1 year+50.3%+50.3%
vs the S&P 500+33.7 pts+33.7 pts
vs the Nasdaq-100+28.5 pts+28.5 pts
Below its high−17.9%−19.2%
Net assets$131m$5.0bn

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.

SIL in plain words

By weight, 0% of SIL'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 76% of the fund across 43 positions, as published by its issuer for Sep 18, 2026. It sits 19.2% below its all-time high of Feb 27, 2026.

Questions people ask

Do GOEX and SIL hold the same stocks?
By their latest filings, 20% 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 SIL?
GOEX has 0% of its weight in S&P 500 names and SIL has 0%, so GOEX differs more from the index.
Which is cheaper, GOEX or SIL?
GOEX charges 0.65% a year and SIL charges 0.65%, so GOEX 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 SIL, 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 SIL, data as of Sep 18, 2026. https://etfiq.com/compare/themes/goex-vs-sil Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources