GDXJ vs FMAT: Holdings Overlap
GDXJVanEck Junior Gold Miners ETF
VanEck · 114 holdings · $7.3B · as of 2026-03-31
FMATFidelity MSCI Materials Index ETF
Fidelity · 103 holdings · $579M · as of 2026-04-30
Holdings snapshots are 30 days apart (GDXJ: 2026-03-31, FMAT: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are GDXJ and FMAT?
VanEck Junior Gold Miners ETF (GDXJ, by VanEck) holds 114 positions; Fidelity MSCI Materials Index ETF (FMAT, by Fidelity) holds 103. They have 5 holdings in common, and by portfolio weight the two funds are 2.3% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 5GDXJ holds 114 · FMAT holds 103
- Weight in Shared Holdings
- GDXJ 10%·FMAT 2%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in GDXJ
109 of 114 positions (89.7% of the fund) are not held by FMAT. Showing the top 30 by weight.
Sector Breakdown
| Sector | GDXJ | FMAT |
|---|---|---|
| Materials | 84.2% | 99.5% |
| Energy | 0.0% | 0.3% |
| Consumer Discretionary | 0.0% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 16.0% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (16% of GDXJ, 0% of FMAT).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| GDXJ | +18.9% | +3.4% | +66.3% | +52.0% | +23.9% | +10.8% | 2.25% |
| FMAT | +3.2% | +14.7% | +20.8% | +10.3% | +6.9% | +10.0% | 1.38% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in GDXJ vs FMAT →
Shared Holdings(5)
The top 5 shared positions account for 100% of the overlap, led by CDE, HL and PPTA.
Frequently Asked Questions
How much do GDXJ and FMAT overlap?
GDXJ and FMAT overlap by 2.3% of portfolio weight. They share 5 holdings (GDXJ holds 114 positions and FMAT holds 103), based on each fund's latest SEC-reported holdings.
Is it redundant to own both GDXJ and FMAT?
The two portfolios are 2.3% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of GDXJ and FMAT?
The largest positions held by both funds are CDE, HL, PPTA, HYMC and MUX. Together the top 5 shared positions account for 100% of the total overlap.
What does GDXJ own that FMAT doesn't?
109 positions (89.7% of GDXJ) are unique to GDXJ, led by AGI, EQX and EDV. In the other direction, 98 positions (97.5% of FMAT) are unique to FMAT.