Data as of .
PICK vs SETM: which is really different?
PICK and SETM hold 16% of their weight in the same names, and PICK returned more over the year.
ETFIQ Off-Index Score: SETM 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
16% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, PICK and SETM hold 16% of their money in the same securities at the same weight.
| Holding | PICK | SETM |
|---|---|---|
| FREEPORT MCMORAN INC | 6.16% | 5.00% |
| FIRST QUANTUM MINERALS | 1.31% | 2.45% |
| SOUTHERN COPPER CORP | 1.10% | 2.17% |
| ANTOFAGASTA PLC | 1.03% | 2.39% |
| LUNDIN MINING | 0.98% | 1.98% |
| KGHM POLSKA MIEDZ SA | 0.76% | 1.35% |
| HUDBAY MINERALS | 0.68% | 0.98% |
| PLS GROUP LTD | 0.57% | 4.05% |
| LYNAS RARE EARTHS | 0.53% | 4.73% |
| CAPSTONE COPPER CORP | 0.52% | 1.06% |
| SANDFIRE RESOURCES | 0.43% | 0.79% |
| MP MATERIALS CLASS A | 0.42% | 3.01% |
| Only in PICK | Only in SETM |
|---|---|
| BHP GROUP LTD 13.17% | Cameco Corp. 4.91% |
| RIO TINTO PLC 6.31% | NAC Kazatomprom JSC 3.57% |
| GLENCORE PLC 4.40% | Hecla Mining Co. 3.46% |
| NUCOR 3.56% | First Majestic Silver Corp. 3.42% |
| ANGLO AMERICAN PLC 3.47% | Albemarle Corp. 3.37% |
| CIA VALE DO RIO DOCE SH 3.20% | Uranium Energy Corp. 3.27% |
| RIO TINTO LTD 2.65% | Teck Resources Ltd. 3.20% |
| GRUPO MEXICO B 2.24% | Sociedad Quimica y Minera de Chile SA 3.19% |
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 17, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| PICK | SETM | PICK | SETM | PICK | SETM | |
| 3 months | −1.8% | −9.0% | −4.0 pts | −11.3 pts | +0.7 pts | −6.5 pts |
| 6 months | +20.2% | +5.4% | +2.2 pts | −12.6 pts | −4.0 pts | −18.8 pts |
| 1 year | +49.6% | +37.9% | +33.1 pts | +21.4 pts | +27.9 pts | +16.2 pts |
| 3 years | +67.1% | +82.1% | −11.3 pts | +3.7 pts | −31.1 pts | −16.1 pts |
| Since launch | +114.0% | +61.6% | −527.4 pts | −30.1 pts | −1122.5 pts | −74.6 pts |
| PICK iShares MSCI Global Metals & Mining Producers ETF Holds 279 stocks in miners and metals, 12% of its weight in S&P 500 companies | SETM Sprott Critical Materials ETF Holds 156 stocks in rare earth and critical materials, 8% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | iShares | Sprott |
| Theme | Miners and metals | Rare earth and critical materials |
| In the S&P 500 | 11.8% | 8.4% |
| Active share vs the S&P 500 | 99.7% | 99.8% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 279 | 156 |
| Top ten, share of the fund | 47.2% | 39.0% |
| Expense ratio | 0.39% | 0.65% |
| Fee for the differing part | 0.39% | 0.65% |
| Total return, 1 year | +49.6% | +37.9% |
| vs the S&P 500 | +33.1 pts | +21.4 pts |
| vs the Nasdaq-100 | +27.9 pts | +16.2 pts |
| Below its high | −9.6% | −21.8% |
| Net assets | $2.5bn | $568m |
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 17, 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.
SETM in plain words
By weight, 8% 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 39% of the fund across 156 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +37.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 21.4 pts. It sits 21.8% below its all-time high of Jan 28, 2026.
Questions people ask
- Do PICK and SETM hold the same stocks?
- By their latest filings, 16% 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, PICK or SETM?
- PICK has 12% of its weight in S&P 500 names and SETM has 8%, so SETM differs more from the index.
- Which is cheaper, PICK or SETM?
- PICK charges 0.39% a year and SETM charges 0.65%, 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.
Cite this page. ETFIQ, PICK against SETM, data as of Sep 18, 2026. https://etfiq.com/compare/themes/pick-vs-setm Free to use with attribution; the underlying files are at Open data.