SIL vs XME overlap - what they share and where they differ
SIL and XME share 10.7% of their weight across 4 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.
SIL and XME
10.7%
4 shared positions
SIL
Global X Silver Miners ETF
Reported positions cover 100% of the fund, 38 positions · Apr 30, 2026
Top 10: 75.1%·Holdings of SIL
XME
State Street(R) SPDR(R) S&P(R) Metals & Mining ETF
Reported positions cover 100% of the fund, 39 positions · Jun 30, 2026
Top 10: 44.3%·Holdings of XME
Reported positions cover SIL 100%, XME 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
XME vs SIL side by side
SILGlobal X Silver Miners ETF
38
stock positions reported to the SEC
85.7% of its weight is in 34 names XME does not hold
XMEState Street(R) SPDR(R) S&P(R) Metals & Mining ETF
39
stock positions reported to the SEC
86.9% of its weight is in 35 names SIL does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Basic Materials: XME has 21.8 points more of it.
The figures side by side
| SIL | XME | |
|---|---|---|
| Filing date | Apr 30, 2026 | Jun 30, 2026 |
| Stock positions reported | 38 | 39 |
| Weight of the ten largest | 75.1% | 44.3% |
| Largest position | WPM 22.3% | UEC 4.8% |
| Held alone | 34 positions, 85.7% | 35 positions, 86.9% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In SIL | In XME | Counted |
|---|---|---|---|
| HLHECLA MINING COMPANY | 5.04% | 4.62% | 4.62% |
| CDECOEUR MINING, INC. | 7.26% | 4.46% | 4.46% |
| HYMCHYCROFT MINING HOLDING CORPORATION | 0.91% | 2.68% | 0.91% |
| MUXMCEWEN INC. | 0.71% | 1.34% | 0.71% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in SIL
Only in XME
Questions people ask
Is SIL the same as XME?
10.7% of their weight sits in the same 4 holdings. SIL also reports WPM, PAAS, AG, which the other does not. XME also reports UEC, LEU, USAR, which the other does not.
How is the overlap between SIL and XME 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 SIL and 100% of XME, so the number cannot exceed the smaller coverage.
Which holds more, XME or SIL?
SIL reports 38 stock positions and XME reports 39. 85.7% of SIL's weight sits in names XME does not hold, and 86.9% of XME's weight in names SIL does not hold. The ten largest positions are 75.1% of SIL and 44.3% of XME.
How do SIL and XME differ by sector?
The widest gap is Basic Materials: XME has 21.8 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.