ETFIQ
RankingsCompareHoldingsFlowsResearch
Ask ETFIQETF ModelsMy portfolioWeekly note
Thematic ETFsCheck a fundAll 419 fundsTheme mapWhat do I really own?CompareEvery issuerQuestionsWhat changedVocabularyMethod
Theme · 10 funds

Gold miners ETFs: what each one holds

Funds that hold the companies that mine gold, rather than the metal itself. A miner’s shares and an ounce of gold do not move by the same amount. 10 funds, largest first, measured by holdings rather than by name. The typical fund carries 5% of its weight in S&P 500 names, which is the 50th most of the 53 themes here with filed books.

Share on XDownload as PDF

The short answers

How many there are10US listed gold miners ETFs, as of Oct 9, 2026.
The largestGDXVanEck Gold Miners ETF, $26.1bn.
The cheapestAUMIThemes Gold Miners ETF, 0.35% a year.
Best one year total returnSGDJSprott Junior Gold Miners ETF, +29.1%.
Least like the S&P 500GDXJVanEck Junior Gold Miners ETF, 0.0% of its weight in S&P 500 companies.
Closest pairAUAU and GDX82% of their weight in the same companies.

What these funds actually own

Between them the 10 funds' ten largest holdings name 54 companies, of which 19 appear in more than one. Newmont Corp is among the ten largest of 6 of them, at an average of 10.8% of the fund.

CompanyIn the top ten ofAvg weightLargest, and where
Newmont Corp NEM 6 of 10 10.8% 17.0% in RING
Agnico Eagle Mines Ltd AEM 6 of 10 9.4% 12.6% in RING
Wheaton Precious Metals Corp WPM 5 of 10 6.2% 7.5% in RING
Coeur Mining Inc CDE 5 of 10 4.1% 6.5% in GDXJ
Gold Fields Ltd GFI 5 of 10 4.0% 4.8% in GDMN
Anglogold Ashanti Plc AU 4 of 10 5.2% 6.2% in GDMN
Franco-Nevada Corp FNV 4 of 10 5.0% 6.0% in SGDM
Pan American Silver Corp PAAS 4 of 10 3.4% 3.9% in GDMN
Barrick Mining Corp B 3 of 10 7.7% 8.2% in GDMN
Alamos Gold Inc AGI 3 of 10 4.5% 6.6% in GDXJ
KINROSS GOLD K 3 of 10 4.2% 4.6% in AUMI
Kinross Gold Corp KGC 3 of 10 4.2% 5.8% in GDMN
BARRICK MINING ABX 2 of 10 8.0% 8.4% in RING
DPM Metals Inc. DPM 2 of 10 5.1% 5.2% in AUMI
Wesdome Gold Mines Ltd. WDO 2 of 10 4.7% 5.6% in SGDJ

Gold miners ETFs, the companies their ten largest holdings name. The 15 most widely held of 54. Source: each fund's latest SEC filing or its issuer’s own daily holdings file, read by ETFIQ.

How this is counted

Each fund files its whole book and this counts the ten largest out of it, so a fund missing from a row may still hold that company below its own tenth position. Weights are of the funds that name it, never of the theme.

How much of each fund is the S&P 500
GDX
11.2%
GDXJ
0.0%
RING
17.0%
SGDM
7.6%
SGDJ
0.0%
GDMN
12.4%
GBUG
3.3%
GOEX
0.0%
AUMI
0.0%
AUAU
12.9%

Share of each fund's weight in companies that are also in the S&P 500. Above half, a theme fund is mostly the S&P 500 under a different name.

One year total return, the 9 with a full year
GDX
+18.9% +1.7 pts
GDXJ
+17.1% −0.2 pts
RING
+22.8% +5.6 pts
SGDM
+23.9% +6.6 pts
SGDJ
+29.1% +11.8 pts
GDMN
+8.8% −8.4 pts
GBUG
+24.2% +6.9 pts
GOEX
+23.0% +5.8 pts
AUMI
+17.0% −0.2 pts

White marker is the S&P 500 over the same days, +17.3%. Last column is the gap in points.

The 10 largest gold miners ETFs

ETFIQ covers 10 gold miners ETFs. The largest are GDX ($26.1bn), GDXJ ($8.2bn) and RING ($2.3bn); fees run 0.35% to 0.90%, as of .

  1. 1GDX$26.1bn0.51%VanEck Gold Miners ETF
  2. 2GDXJ$8.2bn0.52%VanEck Junior Gold Miners ETF
  3. 3RING$2.3bn0.39%iShares MSCI Global Gold Miners ETF
  4. 4SGDM$638m0.46%Sprott Gold Miners ETF
  5. 5SGDJ$323m0.50%Sprott Junior Gold Miners ETF
  6. 6GDMN$210m0.45%WisdomTree Efficient Gold Plus Gold Miners Strategy Fund
  7. 7GBUG$170m0.90%Sprott Active Gold & Silver Miners ETF
  8. 8GOEX$118m0.65%Global X Gold Explorers ETF
  9. 9AUMI$25m0.35%Themes Gold Miners ETF
  10. 10AUAU$6m0.35%Global X Gold Miners ETF

Every gold miners ETF, largest first

Click a column to sort
Net assets
TickerFundIssuerNet assets ↓In the S&P 500Active shareTotal return 1Yvs S&P 500Fee
GDXVanEck Gold Miners ETF →VanEck$26.1bn11.2%99.8%+18.9%+1.7 pts0.51%
GDXJVanEck Junior Gold Miners ETF →VanEck$8.2bn0.0%100.0%+17.1%−0.2 pts0.52%
RINGiShares MSCI Global Gold Miners ETF →iShares$2.3bn17.0%99.8%+22.8%+5.6 pts0.39%
SGDMSprott Gold Miners ETF →Sprott$638m7.6%99.8%+23.9%+6.6 pts0.46%
SGDJSprott Junior Gold Miners ETF →Sprott$323m0.0%100.0%+29.1%+11.8 pts0.50%
GDMNWisdomTree Efficient Gold Plus Gold Miners Strategy Fund →WisdomTree$210m12.4%99.8%+8.8%−8.4 pts0.45%
GBUGSprott Active Gold & Silver Miners ETF →Sprott$170m3.3%99.8%+24.2%+6.9 pts0.90%
GOEXGlobal X Gold Explorers ETF →Global X$118m0.0%100.0%+23.0%+5.8 pts0.65%
AUMIThemes Gold Miners ETF →Themes$25m0.0%100.0%+17.0%−0.2 pts0.35%
AUAUGlobal X Gold Miners ETF →Global X$6m12.9%99.8%first traded 303 days ago·0.35%
Gold miners ETFs: what each one holds, as of Oct 9, 2026. Source: ETFIQ.GDX →GDXJ →RING →SGDM →SGDJ →GDMN →GBUG →GOEX →AUMI →AUAU →

How much of each pair is the same fund

The closest pair is AUAU and GDX, which hold 82% of their weight in the same companies. The furthest apart is GDX and SGDJ at 1%. The middle pair of the 45 is 34%.

GDXGDXJRINGSGDMSGDJGDMNGBUGGOEXAUMIAUAUGDX
34%
50%
59%
1%
73%
37%
19%
36%
82%
GDXJ
34%
18%
26%
9%
24%
34%
42%
39%
30%
RING
50%
18%
57%
5%
49%
33%
8%
39%
48%
SGDM
59%
26%
57%
8%
55%
37%
27%
37%
58%
SGDJ
1%
9%
5%
8%
1%
13%
14%
5%
4%
GDMN
73%
24%
49%
55%
1%
35%
14%
37%
71%
GBUG
37%
34%
33%
37%
13%
35%
40%
44%
34%
GOEX
19%
42%
8%
27%
14%
14%
40%
42%
22%
AUMI
36%
39%
39%
37%
5%
37%
44%
42%
32%
AUAU
82%
30%
48%
58%
4%
71%
34%
22%
32%

Gold miners ETFs, the share of each pair’s weight held in the same companies. Read across or down; the figure is the same either way. Cells are shaded against the closest pair here, 82%. Source: each fund’s own filed or daily holdings, read by ETFIQ.

How to read the grid

Weight overlap is the sum, over every company both funds hold, of the smaller of the two weights. Funds whose published book is cut short are left out rather than compared short, which would read as two funds being more different than they are.

What each fund holds alone

The largest holding no other fund in the grid holds, and how much of the fund is in names none of the others own.

FundLargest holding it alone hasWeightAll its own names
GDX Zijin Gold International Co Ltd 1.1%
1.9%
GDXJ Merdeka Gold Resources Tbk Pt 0.6%
6.2%
RING HARMONY GOLD MINING COMPANY LIMITE HAR 1.8%
4.7%
SGDJ TR Anadolu Metal Madencilik Isletmeleri AS TRMET 4.9%
11.0%
GDMN ZIJIN MINING GROUP CO LTD 601899 1.3%
1.5%
GBUG Valterra Platinum Ltd. VALT 1.7%
1.7%
GOEX BUMI RESOURCES MINERALS TBK 1.6%
4.4%
AUMI Orla Mining Ltd OLA 2.2%
2.2%
AUAU ZIJIN MINING GROUP CO LTD-H 2.5%
5.5%

Gold miners ETFs, the largest holding no other fund in the grid holds. Source: ETFIQ.

Questions people ask

How many gold miners ETFs are there?
ETFIQ covers 10 US listed gold miners ETFs as of Oct 9, 2026. That is every one it can measure from the fund’s own published holdings.
What is the largest gold miners ETF?
GDX, VanEck Gold Miners ETF, at $26.1bn in net assets, the largest of the 10 gold miners ETFs with a published size as of Oct 9, 2026.
What is the cheapest gold miners ETF?
AUMI, Themes Gold Miners ETF, at 0.35% a year, the lowest fee of the 10 gold miners ETFs that publish one.
Which gold miners ETF has performed best over the past year?
SGDJ, Sprott Junior Gold Miners ETF, at +29.1% total return over the year to Oct 9, 2026, the highest of the 9 gold miners ETFs with a full year of trading behind them. Past returns do not predict future ones.
What do gold miners ETFs hold?
Funds that hold the companies that mine gold, rather than the metal itself. A miner’s shares and an ounce of gold do not move by the same amount. Between them the 10 gold miners ETFs ETFIQ can read name 54 companies in their ten largest holdings, most widely Newmont Corp, which is among the ten largest of 6 of them.
Do gold miners ETFs hold the same companies?
It depends which two. Across the 45 pairs of the 10 gold miners ETFs with a full published book, AUAU and GDX hold 82% of their weight in the same companies, GDX and SGDJ hold 1%, and the middle pair holds 34%. Two funds sold on one theme are not the same fund.

What the issuers say about this theme

About these links

The houses behind these gold miners funds publish their own work on the subject. These are their pages and their words, not ETFIQ’s, and a fund company writing about a theme it sells a fund on is making a case. Read them that way.

VanEckVanEck on gold investing ↗On this theme
iSharesiShares Portfolio Insights ↗Their research index
SprottSprott Precious Metals Watch ↗On this theme
WisdomTreeWisdomTree blog ↗Their research index
Global XGlobal X Insights, including The Next Big Theme ↗Their research index
ThemesThemes ETFs research insights ↗Their research index

Issuer material on this theme. Links leave ETFIQ. Source: each issuer’s own site.

Where to next
The largest gold miners ETFs→The cheapest gold miners ETFs→The gold miners ETFs least like the S&P 500→The gold miners ETFs that returned most→The most concentrated gold miners ETFs→Every thematic ETF419 →Compare two funds→The vocabulary→
Where these figures came from
Fund holdings from SEC Form N-PORT and from the issuers own daily files ↗SEC EDGAR, full-text search of fund filings ↗SEC Form N-PORT, what a fund filed it holds ↗Rule 19a-1, what a distribution notice must say ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. Standards and sources →

Cite this page

ETFIQ, Gold miners ETFs: what each one holds, data as of Oct 9, 2026. https://etfiq.com/themes/gold

Open data →

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.