ETF comparison
GDX vs XLB
Both Materials.
VanEck Gold Miners ETF · State Street Materials Select Sector SPDR ETF
Holdings overlap
1 positions appear in both funds. Buying equal dollars of GDX and XLB would leave roughly 5.8% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
XLB is 43 bps cheaper than GDX. On a $100,000 position that's about $430/yr more in fees for GDX.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with GDX vs XLB.
Top shared holdings
1 shared in total| # | Holding | In GDX | In XLB | Overlap |
|---|---|---|---|---|
| 1 | Newmont Corp | 10.41% | 5.84% | 5.84% |
Only in GDX
60 total- Agnico Eagle Mines Ltd 10.67%
- Barrick Mining Corp 7.95%
- Wheaton Precious Metals Corp 5.60%
- Anglogold Ashanti Plc 5.04%
- Franco-Nevada Corp 4.89%
- Kinross Gold Corp 4.39%
- Gold Fields Ltd 4.07%
- Pan American Silver Corp 2.97%
- Northern Star Resources Ltd 2.63%
- Coeur Mining Inc 2.38%
Only in XLB
25 total- Linde PLC 14.06%
- Freeport-McMoRan Inc 5.30%
- Corteva Inc 4.96%
- Sherwin-Williams Co/The 4.94%
- Ecolab Inc 4.73%
- Vulcan Materials Co 4.72%
- CRH PLC 4.67%
- Air Products and Chemicals Inc 4.62%
- Martin Marietta Materials Inc 4.55%
- Nucor Corp 3.88%
Related comparisons
More comparisons with GDX
- GDX vs PICK · iShares MSCI Global Metals & Mining Producers ETF 0.5%
- GDX vs COPX · Global X Copper Miners ETF 0.0%
- GDX vs URA · Global X Uranium ETF 0.0%
- GDX vs URNM · Sprott Uranium Miners ETF 0.0%
- GDX vs VGT · Vanguard Information Technology Index Fund ETF Shares 0.0%
- GDX vs XLK · State Street Technology Select Sector SPDR ETF 0.0%
More comparisons with XLB
- XLB vs COPX · Global X Copper Miners ETF 4.8%
- XLB vs GDXJ · VanEck Junior Gold Miners ETF 0.0%
- XLB vs URA · Global X Uranium ETF 0.0%
- XLB vs URNM · Sprott Uranium Miners ETF 0.0%
- XLB vs VGT · Vanguard Information Technology Index Fund ETF Shares 0.0%
- XLB vs XLK · State Street Technology Select Sector SPDR ETF 0.0%
Percentages are holdings overlap with the named fund.
Open GDX or XLB at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.