TS-GMRI-EW™
Index history
Daily values since base (22 June 2026)
Limited history — chart will accumulate as data grows. 5 days available.
What it tracks
Filter. All eligible constituents, each weighted 1/N at the base date.
Weighting. Equal-weighted (1/N at base).
An equal-weighted variant in which every active constituent contributes 1/N at the base date. It is a breadth signal: it strips out issuer size so smaller tokens count as much as the giants.
Equal-weighting answers a different question than the flagship — it shows how the typical tokenized-metal token is performing, not just the dollar-dominant ones. A gap between TS-GMRI and TS-GMRI-EW signals breadth divergence.
Constituents
18 constituentsAs of 2026-09-09 — updated daily at 00:00 UTC. Displayed weights are the equal-weight target (1/N at base); the index return is the average of per-token returns.
| Token | Metal | Weight | Since base |
|---|---|---|---|
| XAUT | 5.56% | +4.47% | |
| PAXG | 5.56% | -0.68% | |
| KAU | 5.56% | +9.31% | |
| KAG | 5.56% | -1.91% | |
| GGBR | 5.56% | +263.52% | |
| PGOLD | 5.56% | +5.68% | |
| XAUM | 5.56% | +11.12% | |
| GLDY | 5.56% | +4.25% | |
| DGLD | 5.56% | +57.04% | |
| XU3O8 | 5.56% | +4.93% | |
| VNXAU | 5.56% | +3.90% | |
| GOLDAO | 5.56% | +178.52% | |
| XAGM | 5.56% | +10.08% | |
| CGO | 5.56% | -35.96% | |
| XNK | 5.56% | -4.54% | |
| GLDT | 5.56% | +20.69% | |
| TGLD | 5.56% | +715.00% | |
| FGLD | 5.56% | -5.64% | |
| 18 constituents | 100.00% |
Computation
The index is recomputed daily at 00:00 UTC from CoinGecko closing-day market caps. Let MCi,t be the circulating market capitalisation of constituent i on day t, and MCi,0 its value on the base date (22 June 2026, base value 100).
Both cap-weighted and equal-weighted variants are rounded to 2 decimal places for display. New constituents are chained in at the next monthly review using a continuity multiplier so the historical series is not distorted. The full rules are fixed in the methodology document below.
Methodology & provenance
Canonical methodology
This member is governed by the locked TS-GMRI Methodology v1.0 — the single source of truth for the family's universe, filters, weighting and rebalancing rules.
Immutable source documents
Methodology PDF (v1.0)
Methodology source (.md, immutable)
OpenTimestamps proof (.ots)
SHA-256 of methodology v1.0
Timestamped via OpenTimestamps on the Bitcoin blockchain (proof pending Bitcoin confirmation).
Prior art
The TS-GMRI family (legacy mark “GMRI”) was first published on 22 June 2026 as the first publicly published market index dedicated to tokenized physical metals. Published by TrueSource Metals.
The TS-GMRI family
17 members · 6 live · 11 slotsOne coherent taxonomy: shared universe, shared base date 22 June 2026 = 100, shared data-discipline. Members differ only in filter and weighting. See the full family hub ›
Disclaimers & notices
- Information product, not investment advice. TS-GMRI-EW is a proprietary index published by TrueSource Metals for informational purposes. Nothing here is a recommendation to buy, sell or hold any token or instrument.
- Liquidity caveats. Liquidity in the underlying tokens is uneven; cap-weighted values are sensitive to large moves in the dominant tokens (e.g. XAUT and PAXG). Small-N cuts can swing on single-name moves.
- Short history. The series is live since 22 June 2026 — only a handful of days of history exist. Volatility, drawdown and risk statistics are not yet statistically meaningful and are deliberately omitted.
- Unaudited. The index is unaudited at v1.0.
- Trademark notice. TS-GMRI™, GMRI™, and Global Metals RWA Index™ are trademarks of TrueSource Metals. Methodology © 2025-2026 TrueSource Metals.