ETF comparison
GDXvsXME
Both Materials.
VanEck Gold Miners ETF · State Street SPDR S&P Metals & Mining ETF
Holdings overlap
5 positions appear in both funds. Buying equal dollars of GDX and XME would leave roughly9.9%of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — seewhat we don't scorefor why.
Cost difference
XME is 16 bps cheaper than GDX. On a $100,000 position that's about $160/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 thecost calculator pre-filled with GDX vs XME.
Top shared holdings
5 shared in total| # | Holding | In GDX | In XME | Overlap |
|---|---|---|---|---|
| 1 | Newmont Corp | 10.41% | 4.24% | 4.24% |
| 2 | Coeur Mining Inc | 2.38% | 4.46% | 2.38% |
| 3 | Royal Gold Inc | 1.95% | 4.26% | 1.95% |
| 4 | Hecla Mining Co | 1.38% | 4.62% | 1.38% |
| 5 | State Street Global Advisors | 0.42% | 0.00% | 0.00% |
Only in GDX
57 total- Agnico Eagle Mines Ltd10.67%
- Barrick Mining Corp7.95%
- Wheaton Precious Metals Corp5.60%
- Anglogold Ashanti Plc5.04%
- Franco-Nevada Corp4.89%
- Kinross Gold Corp4.39%
- Gold Fields Ltd4.07%
- Pan American Silver Corp2.97%
- Northern Star Resources Ltd2.63%
- Alamos Gold Inc1.89%
Only in XME
35 total- Uranium Energy Corp4.76%
- Centrus Energy Corp4.60%
- USA Rare Earth Inc4.47%
- MP Materials Corp4.41%
- Freeport-McMoRan Inc4.26%
- Materion Corp4.22%
- Reliance Inc3.99%
- Nucor Corp3.74%
- Core Natural Resources Inc3.69%
- Steel Dynamics Inc3.60%
Open GDX or XME 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 methodologyand 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.