Data as of .
SETM vs SIL: which is really different?
SETM and SIL hold 17% of their weight in the same names, and SIL returned more over the year.
ETFIQ Off-Index Score: SIL 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
17% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, SETM and SIL hold 17% of their money in the same securities at the same weight.
| Holding | SETM | SIL |
|---|---|---|
| Hecla Mining Co. | 3.46% | 4.81% |
| First Majestic Silver Corp. | 3.42% | 4.65% |
| Cia de Minas Buenaventura SAA | 2.65% | 3.67% |
| Aya Gold & Silver Inc. | 2.50% | 2.28% |
| Silvercorp Metals Inc. | 1.07% | 1.46% |
| Endeavour Silver Corp. | 0.99% | 1.75% |
| AbraSilver Resource Corp. | 0.44% | 0.78% |
| GoGold Resources Inc. | 0.41% | 0.74% |
| Vizsla Silver Corp. | 0.40% | 0.78% |
| Highlander Silver Corp. | 0.24% | 0.44% |
| New Pacific Metals Corp. | 0.18% | 0.34% |
| Silver Tiger Metals Inc. | 0.14% | 0.26% |
| Only in SETM | Only in SIL |
|---|---|
| Freeport-McMoRan Inc. 5.00% | WHEATON PRECIOUS METALS CORP 24.02% |
| Cameco Corp. 4.91% | PAN AMERICAN SILVER CORP 11.27% |
| Lynas Rare Earths Ltd. 4.73% | COEUR MINING INC 10.87% |
| PLS Group Ltd. 4.05% | INDUSTRIAS PENOLES SAB DE CV 4.58% |
| NAC Kazatomprom JSC 3.57% | SSR MINING INC 4.23% |
| Albemarle Corp. 3.37% | FRESNILLO PLC 4.06% |
| Uranium Energy Corp. 3.27% | OR ROYALTIES INC 3.98% |
| Teck Resources Ltd. 3.20% | DISCOVERY MINING LTD 3.26% |
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 | |||
|---|---|---|---|---|---|---|
| SETM | SIL | SETM | SIL | SETM | SIL | |
| 3 months | −9.0% | +13.9% | −11.3 pts | +11.6 pts | −6.5 pts | +16.3 pts |
| 6 months | +5.4% | +20.4% | −12.6 pts | +2.4 pts | −18.8 pts | −3.9 pts |
| 1 year | +37.9% | +50.3% | +21.4 pts | +33.7 pts | +16.2 pts | +28.5 pts |
| 3 years | +82.1% | +286.4% | +3.7 pts | +208.0 pts | −16.1 pts | +188.3 pts |
| Since launch | +61.6% | +156.7% | −30.1 pts | −586.9 pts | −74.6 pts | −1411.9 pts |
| SETM Sprott Critical Materials ETF Holds 156 stocks in rare earth and critical materials, 8% 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 | |
|---|---|---|
| Issuer | Sprott | Global X |
| Theme | Rare earth and critical materials | Silver miners |
| In the S&P 500 | 8.4% | 0.0% |
| Active share vs the S&P 500 | 99.8% | 100.0% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 156 | 43 |
| Top ten, share of the fund | 39.0% | 76.1% |
| Expense ratio | 0.65% | 0.65% |
| Fee for the differing part | 0.65% | 0.65% |
| Total return, 1 year | +37.9% | +50.3% |
| vs the S&P 500 | +21.4 pts | +33.7 pts |
| vs the Nasdaq-100 | +16.2 pts | +28.5 pts |
| Below its high | −21.8% | −19.2% |
| Net assets | $568m | $5.0bn |
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.
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. 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 19.2% below its all-time high of Feb 27, 2026.
Questions people ask
- Do SETM and SIL hold the same stocks?
- By their latest filings, 17% 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, SETM or SIL?
- SETM has 8% of its weight in S&P 500 names and SIL has 0%, so SIL differs more from the index.
- Which is cheaper, SETM or SIL?
- SETM charges 0.65% a year and SIL charges 0.65%, so SETM 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, SETM against SIL, data as of Sep 18, 2026. https://etfiq.com/compare/themes/setm-vs-sil Free to use with attribution; the underlying files are at Open data.