Data as of .
SETM vs SLVP: which is really different?
SETM and SLVP hold 13% of their weight in the same names, and SLVP 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
13% 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 SLVP hold 13% of their money in the same securities at the same weight.
| Holding | SETM | SLVP |
|---|---|---|
| Hecla Mining Co. | 3.46% | 14.60% |
| First Majestic Silver Corp. | 3.42% | 10.56% |
| Aya Gold & Silver Inc. | 2.50% | 4.92% |
| Silvercorp Metals Inc. | 1.07% | 3.68% |
| Endeavour Silver Corp. | 0.99% | 4.10% |
| Avino Silver & Gold Mines Ltd. | 0.49% | 1.39% |
| GoGold Resources Inc. | 0.41% | 1.87% |
| Vizsla Silver Corp. | 0.40% | 1.53% |
| Highlander Silver Corp. | 0.24% | 0.91% |
| Andean Precious Metals Corp. | 0.10% | 0.42% |
| Only in SETM | Only in SLVP |
|---|---|
| Freeport-McMoRan Inc. 5.00% | INDUST PENOLES 10.83% |
| Cameco Corp. 4.91% | FRESNILLO PLC 8.14% |
| Lynas Rare Earths Ltd. 4.73% | WHEATON PRECIOUS METALS 4.64% |
| PLS Group Ltd. 4.05% | DISCOVERY MINING LTD 4.63% |
| NAC Kazatomprom JSC 3.57% | NEWMONT 4.62% |
| Albemarle Corp. 3.37% | AGNICO EAGLE MINES 4.51% |
| Uranium Energy Corp. 3.27% | KINROSS GOLD 2.63% |
| Teck Resources Ltd. 3.20% | COEUR MINING 1.83% |
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 | |||
|---|---|---|---|---|---|---|
| SETM | SLVP | SETM | SLVP | SETM | SLVP | |
| 3 months | −9.0% | +16.9% | −11.3 pts | +14.6 pts | −6.5 pts | +19.4 pts |
| 6 months | +5.4% | +22.9% | −12.6 pts | +4.9 pts | −18.8 pts | −1.4 pts |
| 1 year | +37.9% | +62.7% | +21.4 pts | +46.1 pts | +16.2 pts | +40.9 pts |
| 3 years | +82.1% | +329.2% | +3.7 pts | +250.8 pts | −16.1 pts | +231.1 pts |
| Since launch | +61.6% | +86.9% | −30.1 pts | −554.5 pts | −74.6 pts | −1149.6 pts |
| SETM Sprott Critical Materials ETF Holds 156 stocks in rare earth and critical materials, 8% of its weight in S&P 500 companies | SLVP iShares MSCI Global Silver and Metals Miners ETF Holds 50 stocks in silver miners, 5% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Sprott | iShares |
| Theme | Rare earth and critical materials | Silver miners |
| In the S&P 500 | 8.4% | 4.6% |
| Active share vs the S&P 500 | 99.8% | 99.8% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 156 | 50 |
| Top ten, share of the fund | 39.0% | 71.6% |
| Expense ratio | 0.65% | 0.39% |
| Fee for the differing part | 0.65% | 0.39% |
| Total return, 1 year | +37.9% | +62.7% |
| vs the S&P 500 | +21.4 pts | +46.1 pts |
| vs the Nasdaq-100 | +16.2 pts | +40.9 pts |
| Below its high | −21.8% | −18.4% |
| Net assets | $568m | $986m |
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.
SLVP in plain words
By weight, 5% of SLVP'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 72% of the fund across 50 positions, as published by its issuer for Sep 17, 2026. Over the year to Sep 18, 2026 the fund returned +62.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 46.1 pts. It sits 18.4% below its all-time high of Feb 27, 2026.
Questions people ask
- Do SETM and SLVP hold the same stocks?
- By their latest filings, 13% 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 SLVP?
- SETM has 8% of its weight in S&P 500 names and SLVP has 5%, so SETM differs more from the index.
- Which is cheaper, SETM or SLVP?
- SETM charges 0.65% a year and SLVP charges 0.39%, so SLVP 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 SLVP, data as of Sep 18, 2026. https://etfiq.com/compare/themes/setm-vs-slvp Free to use with attribution; the underlying files are at Open data.