GMET vs VEGA
VanEck Green Metals ETF vs AdvisorShares STAR Global Buy-Write ETF
Which is better, GMET or VEGA?
Each has led over a different period.
GMET has a lower expense ratio. GMET led over 1Y, VEGA over the full window. GMET is less concentrated, with 52.1% of the fund in its ten largest positions against 100.0%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GMET | VEGA |
|---|---|---|
| Expense Ratio | 0.61%Best | 1.25% |
| AUM | $26M | $94M |
| Dividend Yield | 1.17% | 1.26% |
| Holdings | 56 | 28 |
| Volatility (annualized) | 32.0% | 11.7%Best |
| Max Drawdown | -53.9% | -28.4%Best |
| $10,000 over 7.1 years | $17,112 | $18,839Best |
| Top 10 Weight | 52.1%Best | 100.0% |
| Fund Family | VanEck | Advisor Shares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Nov 9, 2021 | Sep 17, 2012 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 244 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. GMET has data through Feb 12, 2026 and VEGA through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 7.1 years row, are measured over the window both funds cover: Dec 21, 2018 to Feb 12, 2026 (7.1 years).
Risk: Volatility and Drawdowns
GMET has been the more volatile fund, with annualized monthly volatility of 32.0% compared with 11.7% for VEGA. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -53.9% for GMET and -28.4% for VEGA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GMET charges 0.61% per year while VEGA charges 1.25%. On a $10,000 position that is $61 vs $125 annually, a gap of $64 per year that compounds over a long holding period. On income, GMET currently yields 1.17% against 1.26% for VEGA.
Holdings Overlap
We hold position weights for 53 holdings in GMET and 10 in VEGA, totalling 100.0% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 367 days apart, GMET as of Sep 30, 2025 and VEGA as of Oct 2, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 53 positions we hold weights for in GMET and 10 in VEGA, against full books of 56 and 28.
What only one of them owns
Our book lists 10 positions for VEGA that do not appear in our book for GMET (100.0% of the fund), and 4 for GMET that do not appear in VEGA (13.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of GMET and VEGA you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GMET or VEGA?
GMET has an expense ratio of 0.61% while VEGA charges 1.25%. GMET is the cheaper option, by $64 a year on a $10,000 investment.
Which is riskier, GMET or VEGA?
GMET has been the more volatile fund at 32.0% annualized versus 11.7% for VEGA. Worst drawdown: GMET -53.9% vs VEGA -28.4%.
Should I hold both GMET and VEGA?
GMET and VEGA have a monthly-return correlation of 0.49, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GMET or VEGA?
GMET yields 1.17% while VEGA yields 1.26%, so VEGA currently pays the higher dividend yield.
Is VEGA better than GMET?
GMET has a lower expense ratio. GMET led over 1Y, VEGA over the full window. GMET is less concentrated, with 52.1% of the fund in its ten largest positions against 100.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.