GDX vs RING overlap - what they share and where they differ
GDX and RING share 66.5% of their weight across 24 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
GDX and RING
66.5%
24 shared positions
GDX
VanEck Gold Miners ETF
Reported positions cover 100% of the fund, 61 positions · Jun 30, 2026
Top 10: 58.6%·Holdings of GDX
RING
iShares MSCI Global Gold Miners ETF
Reported positions cover 100% of the fund, 40 positions · May 31, 2026
Top 10: 69.3%·Holdings of RING
Reported positions cover GDX 100%, RING 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
RING vs GDX side by side
GDXVanEck Gold Miners ETF
61
stock positions reported to the SEC
32.2% of its weight is in 37 names RING does not hold
RINGiShares MSCI Global Gold Miners ETF
40
stock positions reported to the SEC
13.3% of its weight is in 16 names GDX does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Basic Materials: RING has 6.7 points more of it.
The figures side by side
| GDX | RING | |
|---|---|---|
| Filing date | Jun 30, 2026 | May 31, 2026 |
| Stock positions reported | 61 | 40 |
| Weight of the ten largest | 58.6% | 69.3% |
| Largest position | AEM 10.7% | NEM 16.3% |
| Held alone | 37 positions, 32.2% | 16 positions, 13.3% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In GDX | In RING | Counted |
|---|---|---|---|
| AEMAgnico Eagle Mines Ltd | 10.67% | 12.34% | 10.67% |
| NEMNewmont Corp | 10.41% | 16.31% | 10.41% |
| BBarrick Mining Corp | 7.95% | 9.01% | 7.95% |
| WPMWheaton Precious Metals Corp | 5.60% | 7.38% | 5.60% |
| AUAnglogold Ashanti Plc | 5.04% | 4.65% | 4.65% |
| KGCKinross Gold Corp | 4.39% | 4.54% | 4.39% |
| GFIGold Fields Ltd | 4.07% | 3.89% | 3.89% |
| PAASPan American Silver Corp | 2.97% | 3.62% | 2.97% |
| CDECoeur Mining Inc | 2.38% | 3.88% | 2.38% |
| AGIAlamos Gold Inc | 1.89% | 3.01% | 1.89% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in GDX
Only in RING
Questions people ask
Is GDX the same as RING?
66.5% of their weight sits in the same 24 holdings. GDX also reports FNV, NTRS, RGLD, which the other does not. RING also reports ZIJIN MINING GROUP COMPANY LIMITED, LUNDIN GOLD INC., GENESIS MINERALS LIMITED, which the other does not.
How is the overlap between GDX and RING measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of GDX and 100% of RING, so the number cannot exceed the smaller coverage.
Which holds more, RING or GDX?
GDX reports 61 stock positions and RING reports 40. 32.2% of GDX's weight sits in names RING does not hold, and 13.3% of RING's weight in names GDX does not hold. The ten largest positions are 58.6% of GDX and 69.3% of RING.
How do GDX and RING differ by sector?
The widest gap is Basic Materials: RING has 6.7 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
Add a third fund in the tool·All fund pairs
Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.