SPGMvsGDXETF Comparison
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SPDR Portfolio MSCI Global Stock Market ETF (SPGM) belongs to the Global Blended Cap segment. VanEck Gold Miners ETF (GDX) is part of the Uncategorized Equities segment. SPGM's top 3 sector exposures are Information Technology, Financials and Industrials. In contrast, GDX's top sector exposures are Materials, SPGM is less expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.51% for GDX. SPGM is down -0.34% year-to-date (YTD) with +$118M in YTD flows. GDX performs better with 9.2% YTD performance, and +$1.08B in YTD flows. Run a side-by-side ETF comparison of SPGM and GDX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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SPGM vs GDX performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/06/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SPGM GDX | -1.37%-7.50% | -2.47%+2.01% | -0.34%+9.20% | +39.29%+126.97% | +63.55%+181.92% | +59.30%+193.73% |
| Flows | SPGM GDX | +$28M-$525M | +$118M+$1.08B | +$118M+$1.08B | +$267M+$252M | +$485M-$4.01B | +$557M-$3.60B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SPGM GDX | +13.51%+58.82% | +12.57%+43.20% | +12.20%+34.14% | +13.90%+33.33% |
| Max drawdown | SPGM GDX | -9.12%-30.65% | -9.12%-30.65% | -16.35%-30.65% | -25.92%-46.13% |
| Max drawdown duration | SPGM GDX | 40d36d | 40d36d | 104d36d | 750d855d |
Trading data
SPGM | GDX | |
Last sale 4/7/2026 at 1:30 PM | $76.75 | $94.97 |
| Previous close 04/06/2026 | $76.66 | $93.82 |
| Consolidated volume 04/06/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of March 31, 2026
1-year trailing difference
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SPGM | GDX | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 4/7/2026 at 1:30 PM
Live
Closed
SPGM | GDX | |
|---|---|---|
| Last price | $76.75 | $94.97 |
| 1D performance | +0.11% | +1.23% |
| AuM | $1.45 B | $29.12 B |
| E/R | 0.09% | 0.51% |
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Exposure
Countries
SPGM
USA
58.53%
Other
41.47%
GDX
Canada
57.33%
USA
21.51%
United Kingdom
8.74%
Australia
8.15%
Other
4.27%
Sectors
SPGM
Information Techn.
25.15%
Financials
14.53%
Industrials
11.98%
Consumer Discreti.
9.67%
Health Care
8.66%
Communication Ser.
7.78%
Other
22.24%
GDX
Materials
75.23%
Other
24.77%
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Diversification
SPGM
Total weight of top 15 holdings out of 15
23.41%
GDX
Total weight of top 15 holdings out of 15
67.74%
Top 15 holdings
Data as of February 28, 2026
SPGM
NVIDIA
3.93%
APPLE
3.56%
MICROSOFT-T
2.51%
AMAZON.COM INC
1.82%
ALPHABET INC-CL
1.70%
TWN SEMICONT MAN
1.48%
ALPHABET INC-CL
1.37%
BROADCOM LIMITED
1.30%
META PLATFORMS
1.29%
TESLA
1.05%
JPMORGAN CHASE
0.77%
LILLY
0.75%
SAMSUNG ELECTR
0.71%
BERKSHIRE HATHWAY
0.61%
EXXON
0.56%
GDX
AGNICO EAGLE MINES LTD
9.78%
NEWMONT CORP
8.48%
CA06849F1080
6.32%
GB00BRXH2664
5.52%
WHEATON PRECIOUS METALS CORP
5.15%
US38059T1060
4.90%
FRANCO NEVADA
4.87%
KINROSS GOLD
4.38%
PAN AMERICAN
3.94%
NORTHERN STAR RESOURCES
3.22%
ALAMOS GOLD
2.85%
ROYAL GOLD
2.47%
FIRST MAJESTIC SILVER
2.00%
EQUINOX GOLD
2.00%
EVOLUTION MINING
1.85%
Frequently asked questions about SPGM and GDX
How have the SPGM and GDX ETFs performed in 2026?
As of April 6, 2026, SPGM is down -0.34% year-to-date (YTD), while GDX has returned 9.2%. That puts GDX better performer ahead so far this year.
Which ETF is attracting more investor money: SPGM or GDX?
Year-to-date, the SPGM ETF saw +$118M in flows, compared to +$1.08B for GDX.
Which ETF is more volatile: SPGM or GDX?
Over the past year, SPGM had a volatility of 12.57%, while GDX experienced 43.2%.
Which ETF is bigger: SPGM or GDX?
As of April 6, 2026, SPGM holds $1.45 B in assets under management (AUM), while GDX manages $29.12 B.
What sectors do the SPGM and GDX ETFs invest in?
SPGM leans toward sectors like Information Technology, Financials and Industrials. Meanwhile, GDX focuses on Materials.
What are the top holdings of the SPGM ETF and GDX ETF?
SPGM top holdings include NVIDIA, APPLE and MICROSOFT-T. GDX holds in its top three: AGNICO EAGLE MINES LTD, NEWMONT CORP and CA06849F1080.
Which ETF is more diversified: SPGM or GDX?
SPGM holds 4590 securities with 23.41% of its assets in the top 15. GDX has 48 securities and a top 15 weight of 67.74%.
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