Data as of .
SIL vs XAR: which is really different?
XAR holds 35.0% of its weight in S&P 500 companies and SIL 0.0%.
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 371 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
What they hold in common
By the books each fund has filed, SIL and XAR hold 0% of their money in the same securities at the same weight.
| Only in SIL | Only in XAR |
|---|---|
| WHEATON PRECIOUS METALS CORP 24.16% | RTX CORP 3.34% |
| PAN AMERICAN SILVER CORP 11.19% | VSE CORP 3.33% |
| COEUR MINING INC 11.16% | ATI INC 3.25% |
| HECLA MINING CO 4.96% | ARCHER AVIATION INC A 3.23% |
| INDUSTRIAS PENOLES SAB DE CV 4.62% | AXON ENTERPRISE INC 3.20% |
| FIRST MAJESTIC SILVER CORP 4.45% | GENERAL DYNAMICS CORP 3.11% |
| SSR MINING INC 4.16% | GENERAL ELECTRIC 3.04% |
| FRESNILLO PLC 4.02% | LOCKHEED MARTIN CORP 3.02% |
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 10, 2026 and Sep 11, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| SIL | XAR | SIL | XAR | SIL | XAR | |
| 3 months | +18.1% | −12.1% | +14.8 pts | −15.4 pts | +18.9 pts | −11.3 pts |
| 6 months | +2.3% | −7.2% | −13.7 pts | −23.2 pts | −18.4 pts | −27.9 pts |
| 1 year | +49.1% | +11.8% | +31.6 pts | −5.7 pts | +26.1 pts | −11.2 pts |
| 3 years | +298.1% | +114.1% | +220.2 pts | +36.2 pts | +203.0 pts | +19.0 pts |
| Since launch | +159.8% | +1042.3% | −584.6 pts | +288.5 pts | −1393.6 pts | −366.6 pts |
| SIL Global X Silver Miners ETF Holds 41 stocks in miners and metals, 0% of its weight in S&P 500 companies | XAR State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF Holds 49 stocks in defense, 35% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Global X | State Street |
| Theme | Miners and metals | Defense |
| In the S&P 500 | 0.0% | 35.0% |
| Active share vs the S&P 500 | 100.0% | 97.9% |
| In the Nasdaq-100 | 0.0% | 3.2% |
| Holdings | 41 | 49 |
| Top ten, share of the fund | 76.1% | 31.4% |
| Expense ratio | 0.65% | 0.35% |
| Fee for the differing part | 0.65% | 0.36% |
| Total return, 1 year | +49.1% | +11.8% |
| vs the S&P 500 | +31.6 pts | −5.7 pts |
| vs the Nasdaq-100 | +26.1 pts | −11.2 pts |
| Below its high | −18.3% | −17.1% |
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 41 positions, as published by its issuer for Sep 11, 2026. Over the year to Sep 11, 2026 the fund returned +49.1% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 31.6 pts. It sits 18.3% below its all-time high of Feb 27, 2026.
XAR in plain words
By weight, 35% of XAR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 31% of the fund across 49 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +11.8% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 5.7 pts. It sits 17.1% below its all-time high of Aug 14, 2026.
Questions people ask
- Which is more different from the S&P 500, SIL or XAR?
- SIL has 0% of its weight in S&P 500 names and XAR has 35%, so SIL differs more from the index.
- Which is cheaper, SIL or XAR?
- SIL charges 0.65% a year and XAR charges 0.35%, so XAR 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, SIL against XAR, data as of Sep 11, 2026. https://etfiq.com/compare/themes/sil-vs-xar Free to use with attribution; the underlying files are at Open data.