XLP vs GDX overlap
XLP and GDX overlap 0.0% by weight, across 0 shared holdings.
Pick 2 to 4 ETFs.
Top shared holdings
These funds hold nothing in common.
Overlap by weight adds up the smaller weight of each holding the funds share, so 100% means identical portfolios. Long securities only: derivatives and cash vehicles are left out. Sources: XLP, SEC Form N-PORT, June 30, 2026; GDX, SEC Form N-PORT, June 30, 2026.
Largest institutions holding both
| Firm | XLP | GDX |
|---|---|---|
| Bank of America Corp. | $1.5B | $682.0M |
| Morgan Stanley | $806.0M | $1.2B |
| Bank of Montreal | $16.8M | $1.8B |
| Goldman Sachs Group Inc. | $676.2M | $426.7M |
| UBS Group AG | $469.2M | $623.7M |
| JPMorgan Chase & Co | $793.9M | $150.5M |
| Citigroup Inc. | $570.5M | $313.8M |
| Barclays PLC | $538.4M | $170.5M |
| BNP Paribas Financial Markets | $485.0M | $109.6M |
| LPL Financial LLC | $297.2M | $269.0M |
| Wells Fargo & Company | $265.2M | $195.0M |
| Royal Bank of Canada | $101.8M | $232.8M |
| Two Sigma Investments, LP | $93.6M | $208.6M |
| D. E. Shaw & Co., Inc. | $3.8M | $280.4M |
| Raymond James Financial Inc. | $155.4M | $103.7M |
This compares who owns the funds, not what the funds hold. From SEC Form 13F, for managers with $100M+ in US securities.
Who owns them: XLP institutional holders, GDX institutional holders.
Frequently asked questions
How much do XLP and GDX overlap?
0.0% by weight, with 0 holdings in common, using holdings for XLP as of June 30, 2026 and GDX as of June 30, 2026.
Do institutions hold both XLP and GDX?
557 Form 13F filers report positions in both, out of 1,804 that report either one.
How is overlap by weight worked out?
For each holding the two funds share, take the smaller of the two weights, then add those up. Identical portfolios score 100%.