Key stats
About Sprott Gold Miners ETF
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Inception date
Jul 15, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Sprott Asset Management USA, Inc.
Distributor
ALPS Distributors, Inc.
SGDM offers exposure to equity in gold mining firms. The index-based fund holds stocks classified as gold miners in Americas and Asia/Pacific according to the RBICS industry system. The weighting scheme starts with market cap weights, then adds or subtracts weight based on three fundamental factors: higher revenue growth, lower debt to equity and higher free cash flow yield. (These factors receive equal weight in the score, but the firms themselves are not equal weighted.) Firms with favorable scores receive more weight, while those with lower scores have weight removed, but apparently are still retained in the index. Maximum single position is 18% at rebalance (with additional RIC concentration screens). The Underlying Index is reconstituted and rebalanced quarterly. Prior to July 22, 2019, the fund tracked the Sprott Zacks Gold Miners Index.
Related funds
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SGDM trades at 49.70 USD today, its price has risen 0.55% in the past 24 hours. Track more dynamics on SGDM price chart.
SGDM net asset value is 49.56 today — it's risen 12.53% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
SGDM assets under management is 455.90 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
SGDM price has risen by 12.52% over the last month, and its yearly performance shows a 81.39% increase. See more dynamics on SGDM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 12.53% over the last month, showed a 15.10% increase in three-month performance and has increased by 85.37% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 12.53% over the last month, showed a 15.10% increase in three-month performance and has increased by 85.37% in a year.
SGDM fund flows account for 12.18 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SGDM invests in stocks. See more details in our Analysis section.
SGDM expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, SGDM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, SGDM technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SGDM shows the strong buy signal. See more of SGDM technicals for a more comprehensive analysis.
Today, SGDM technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating SGDM shows the strong buy signal. See more of SGDM technicals for a more comprehensive analysis.
Yes, SGDM pays dividends to its holders with the dividend yield of 0.58%.
SGDM trades at a premium (0.28%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
SGDM shares are issued by Sprott, Inc.
SGDM follows the Solactive Gold Miners Custom Factors Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 15, 2014.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.