Data as of .
SGDM vs SIL: which is really different?
SGDM and SIL hold 22% 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
22% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, SGDM and SIL hold 22% of their money in the same securities at the same weight.
| Holding | SGDM | SIL |
|---|---|---|
| Wheaton Precious Metals Corp. | 7.22% | 24.02% |
| Pan American Silver Corp. | 3.69% | 11.27% |
| Coeur Mining Inc. | 3.57% | 10.87% |
| OR Royalties Inc. | 2.72% | 3.98% |
| Discovery Mining Ltd. | 2.58% | 3.26% |
| Fortuna Mining Corp. | 2.41% | 2.10% |
| SSR Mining Inc. | 0.30% | 4.23% |
| Hycroft Mining Holding Corp. | 0.12% | 0.56% |
| McEwen Inc. | 0.07% | 0.56% |
| Only in SGDM | Only in SIL |
|---|---|
| Agnico Eagle Mines Ltd. 9.67% | HECLA MINING CO 4.81% |
| Newmont Corp. 7.42% | FIRST MAJESTIC SILVER CORP 4.65% |
| Barrick Mining Corp. 7.36% | INDUSTRIAS PENOLES SAB DE CV 4.58% |
| Franco-Nevada Corp. 6.04% | FRESNILLO PLC 4.06% |
| Kinross Gold Corp. 4.47% | CIA DE MINAS BUENAVENTUR-ADR 3.67% |
| Endeavour Mining PLC 3.30% | AYA GOLD & SILVER INC 2.28% |
| Lundin Gold Inc. 3.19% | KOREA ZINC CO LTD 2.18% |
| IAMGOLD Corp. 3.14% | ENDEAVOUR SILVER CORP 1.75% |
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 | |||
|---|---|---|---|---|---|---|
| SGDM | SIL | SGDM | SIL | SGDM | SIL | |
| 3 months | +17.8% | +13.9% | +15.5 pts | +11.6 pts | +20.3 pts | +16.3 pts |
| 6 months | +20.2% | +20.4% | +2.2 pts | +2.4 pts | −4.0 pts | −3.9 pts |
| 1 year | +43.7% | +50.3% | +27.1 pts | +33.7 pts | +21.9 pts | +28.5 pts |
| 3 years | +234.7% | +286.4% | +156.3 pts | +208.0 pts | +136.6 pts | +188.3 pts |
| Since launch | +261.2% | +156.7% | −112.7 pts | −586.9 pts | −467.4 pts | −1411.9 pts |
| SGDM Sprott Gold Miners ETF Holds 48 stocks in gold miners, 7% 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 | Gold miners | Silver miners |
| In the S&P 500 | 7.4% | 0.0% |
| Active share vs the S&P 500 | 99.8% | 100.0% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 48 | 43 |
| Top ten, share of the fund | 55.9% | 76.1% |
| Expense ratio | 0.46% | 0.65% |
| Fee for the differing part | 0.46% | 0.65% |
| Total return, 1 year | +43.7% | +50.3% |
| vs the S&P 500 | +27.1 pts | +33.7 pts |
| vs the Nasdaq-100 | +21.9 pts | +28.5 pts |
| Below its high | −15.9% | −19.2% |
| Net assets | $713m | $5.0bn |
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.
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 SGDM and SIL hold the same stocks?
- By their latest filings, 22% 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, SGDM or SIL?
- SGDM has 7% of its weight in S&P 500 names and SIL has 0%, so SIL differs more from the index.
- Which is cheaper, SGDM or SIL?
- SGDM charges 0.46% a year and SIL charges 0.65%, 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, SGDM against SIL, data as of Sep 18, 2026. https://etfiq.com/compare/themes/sgdm-vs-sil Free to use with attribution; the underlying files are at Open data.