SGDM
Sprott Gold Miners ETF
Sprott Gold Miners ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Sprott Zacks Gold Miners Index, which is made up of of large to mid capitalization gold companies whose stocks are listed on major U.S. exchanges.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 810.9 M
ASSETS UNDER MGMT
50 bp
EXPENSES
Fund Basics
| Fund sponsor | ALPS Advisors |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Jul 14, 2014 |
| Assets (mns) | $811 |
| Expense ratio | 50 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-End Investment Company |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Beta |
| Weighting | Tiered |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| AGNICO-EAGLE MINES LTD | 10.5 % |
| NEWMONT MINING CORP | 7.8 % |
| SILVER WHEATON CORP | 7.5 % |
| ANGLOGOLD ASHANTI PLC | 6.5 % |
| FRANCO-NEVADA CORP | 6.2 % |
| KINROSS GOLD CORP | 5.8 % |
| BARRICK MINING CORP. | 4.5 % |
| ROYAL GOLD INC | 4.4 % |
| LUNDIN GOLD INC. | 3.7 % |
| NEW GOLD INC | 3.5 % |
Constituent Breakdown
| Number of holdings | 33 |
| Herfindahl-Hirschman Index | 500 |
| Wgt avg mkt cap (mns) | $28,707 |
| Large cap (>$10bn) | 50.8% |
| Mid cap ($2-10bn) | 25.1% |
| Small cap (<$2bn) | 0.2% |
| Developed mkts. | 75.2% |
| Emerging mkts. | 4.7% |
Country Exposure
 |
CANADA | 62.6 % |
 |
UNITED STATES | 12.7 % |
 |
SOUTH AFRICA | 4.7 % |
Historical Performance
Standardized Performance (as of 12/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 150.8% | 150.8% | 66.9% | 41.2% | 17.9% | 18.5% | -- | 9.6% |
| Dividend Yield | 2.6% | 2.6% | 1.7% | 1.6% | 1.5% | 0.9% | -- | 0.9% |
| Total Returns | 153.5% | 153.5% | 68.6% | 42.8% | 19.4% | 19.5% | -- | 10.5% | Ann. Volatility | 37.2% | 37.2% | 33.8% | 32.7% | 33.6% | 36.8% | -- | 38.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.36 | 4% |
| MSCI EAFE | 0.84 | 14% |
| MSCI Emg Mkts | 0.74 | 12% |
Liquidity Measures
| Avg. volume (000) | 68 |
| ADV traded (mns) | $6 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.44% |
Technical Indicators
| 30d moving avg. (EMA) | $72.06 |
| Relative strength (RSI) | 67 |
| MACD/Signal | 2.93/2.56 |
| Bollinger Bands (Upper/Lower) | $79.90/$67.47 |
| Short interest (% of AUM) | 0.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. SGDM |
Expenses vs. SGDM |
ALTAR Score™ vs. SGDM |
|---|---|---|---|---|
| RING | iShares MSCI Global Gold Miners ETF | 38.0% | -11 bp | +3.2% |
| AUMI | Themes Gold Miners ETF | 28.3% | -15 bp | +3.3% |
| GOEX | Global X Gold Explorers ETF | 23.3% | +15 bp | +2.3% |
| SLVP | iShares MSCI Global Silver Miners ETF | 22.0% | -11 bp | +2.4% |
| GOAU | U.S. Global GO GOLD and Precious Metal Miners ETF | 19.8% | +10 bp | +2.4% |
| AUAU | Global X Gold Miners ETF | 19.0% | -15 bp | +2.7% |
| GDX | VanEck Gold Miners ETF | 18.0% | +1 bp | +2.7% |
| AGMI | Themes Silver Miners ETF | 16.7% | -15 bp | +2.7% |
| NANR | SPDR S&P North American Natural Resources ETF | 16.6% | -15 bp | +6.6% |
| FTWO | Strive FAANG 2.0 ETF | 14.0% | -1 bp | +4.1% |
Risk and Returns: SGDM vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 1/22/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
SGDM
2.8%
Cat. Avg
4.2%
ALTAR Score™ Calculation
Category Overview
There are 448 funds in the Global Equity category, with an average ALTAR Score™
of 4.2% and a standard deviation of
2.8%. SGDM's ALTAR Score™ is approximately
0.5 standard deviations
below
the category average. This places SGDM in the 31st percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
SGDMSELL
U/W
HOLD
O/W
BUY