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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Stocks100.04%
Non-Energy Minerals99.66%
Finance0.34%
Bonds, Cash & Other−0.04%
Cash−0.04%
Stock breakdown by region
North America90.33%
Africa4.89%
Europe4.79%
Latin America0.00%
Asia0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SGDM invests in stocks. The fund's major sectors are Non-Energy Minerals, with 99.69% stocks, and Finance, with 0.34% of the basket. The assets are mostly located in the North America region.
SGDM top holdings are Newmont Corporation and Agnico Eagle Mines Limited, occupying 13.33% and 11.92% of the portfolio correspondingly.
SGDM last dividends amounted to 0.29 USD. The year before, the issuer paid 0.35 USD in dividends, which shows a 21.60% decrease.
SGDM assets under management is 455.90 M USD. It's risen 11.10% over the last month.
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.
Yes, SGDM pays dividends to its holders with the dividend yield of 0.58%. The last dividend (Dec 19, 2024) amounted to 0.29 USD. The dividends are paid annually.
SGDM shares are issued by Sprott, Inc. under the brand Sprott. The ETF was launched on Jul 15, 2014, and its management style is Passive.
SGDM expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
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.
SGDM invests in stocks.
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 trades at a premium (0.28%) meaning the ETF is trading at a higher price than the calculated NAV.