AUMI vs. SGDJ

Last updated Jun 13, 2026

AUMI (Themes Gold Miners ETF) and SGDJ (Sprott Junior Gold Miners ETF) are both exchange-traded funds - AUMI is a Gold fund tracking the Solactive Global Pure Gold Miners Index, while SGDJ is a Materials fund tracking the Solactive Junior Gold Miners Custom Factors Index. Both are passively managed. Over the past year, AUMI returned 38.17% vs 66.21% for SGDJ. Their correlation of 0.91 suggests significant overlap in exposure. AUMI charges 0.35%/yr vs 0.50%/yr for SGDJ.

Performance

AUMI vs. SGDJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Themes Gold Miners ETF (AUMI) and Sprott Junior Gold Miners ETF (SGDJ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AUMI achieves a -11.62% return, which is significantly lower than SGDJ's -5.68% return.

AUMI

• 1D: 2.52%
• 1M: -17.27%
• YTD: -11.62%
• 6M: -9.97%
• 1Y: 38.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SGDJ

• 1D: 2.43%
• 1M: -17.01%
• YTD: -5.68%
• 6M: -2.07%
• 1Y: 66.21%
• 3Y*: 47.78%
• 5Y*: 15.18%
• 10Y*: 10.80%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AUMI vs. SGDJ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
AUMI Themes Gold Miners ETF	-11.62%	164.18%	30.61%	10.23%
SGDJ Sprott Junior Gold Miners ETF	-5.68%	174.44%	19.35%	10.64%

Correlation

The correlation between AUMI and SGDJ is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023	0.91

The correlation between AUMI and SGDJ has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

AUMI vs. SGDJ - Sectors Allocation Comparison

Sectors	AUMI	SGDJ
Basic Materials	99.4%	100.0%
Communication Services	0.1%	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

AUMI vs. SGDJ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AUMI

AUMI Risk / Return Rank: 25
AUMI Sharpe Ratio Rank: 25
AUMI Sortino Ratio Rank: 25
AUMI Omega Ratio Rank: 28
AUMI Calmar Ratio Rank: 24
AUMI Martin Ratio Rank: 24

SGDJ

SGDJ Risk / Return Rank: 41
SGDJ Sharpe Ratio Rank: 45
SGDJ Sortino Ratio Rank: 38
SGDJ Omega Ratio Rank: 43
SGDJ Calmar Ratio Rank: 42
SGDJ Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AUMI vs. SGDJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Themes Gold Miners ETF (AUMI) and Sprott Junior Gold Miners ETF (SGDJ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AUMI	SGDJ	Difference
Sharpe ratio: Return per unit of total volatility	0.78	1.37	-0.59
Sortino ratio: Return per unit of downside risk	1.24	1.76	-0.52
Omega ratio: Gain probability vs. loss probability	1.17	1.25	-0.08
Calmar ratio: Return relative to maximum drawdown	0.98	1.86	-0.88
Martin ratio: Return relative to average drawdown	2.81	5.04	-2.24

AUMI vs. SGDJ - Sharpe Ratio Comparison

The current AUMI Sharpe Ratio is 0.78, which is lower than the SGDJ Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of AUMI and SGDJ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AUMI vs. SGDJ - Drawdown Comparison

The maximum AUMI drawdown since its inception was -39.28%, smaller than the maximum SGDJ drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for AUMI and SGDJ.

Drawdown Indicators

	AUMI	SGDJ	Difference
Max Drawdown Largest peak-to-trough decline	-39.28%	-59.27%	+19.99%
Max Drawdown (1Y) Largest decline over 1 year	-39.28%	-36.84%	-2.44%
Max Drawdown (3Y) Largest decline over 3 years	—	-36.84%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-53.68%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-59.27%	—
Current Drawdown Current decline from peak	-33.51%	-31.23%	-2.28%
Average Drawdown Average peak-to-trough decline	-7.35%	-26.25%	+18.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.72%	13.57%	+0.15%

Volatility

AUMI vs. SGDJ - Volatility Comparison

Themes Gold Miners ETF (AUMI) and Sprott Junior Gold Miners ETF (SGDJ) have volatilities of 17.47% and 17.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AUMI	SGDJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.47%	17.17%	+0.30%
Volatility (6M) Calculated over the trailing 6-month period	40.45%	41.94%	-1.49%
Volatility (1Y) Calculated over the trailing 1-year period	49.48%	49.96%	-0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.24%	40.69%	+1.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.24%	40.92%	+1.32%

AUMI vs. SGDJ - Expense Ratio Comparison

AUMI has a 0.35% expense ratio, which is lower than SGDJ's 0.50% expense ratio.

Dividends

AUMI vs. SGDJ - Dividend Comparison

AUMI's dividend yield for the trailing twelve months is around 0.98%, less than SGDJ's 8.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AUMI Themes Gold Miners ETF	0.98%	0.86%	1.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SGDJ Sprott Junior Gold Miners ETF	8.88%	8.37%	6.55%	4.55%	2.46%	2.20%	1.97%	0.65%	0.00%	0.14%	1.77%	0.85%

Frequently Asked Questions

Can I hold both AUMI and SGDJ in my portfolio?

With a correlation of 0.94, AUMI and SGDJ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AUMI or SGDJ?

AUMI has higher volatility (17.47%) compared to SGDJ (17.17%). In terms of maximum drawdown, AUMI dropped -39.28% vs SGDJ's -59.27%.

Which ETF is better, AUMI or SGDJ?

On 1-year performance, SGDJ leads with 66.21% vs 38.17% for AUMI. On fees, AUMI is cheaper at 0.35% per year. On volatility, SGDJ has been the lower-risk option at 17.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AUMI or SGDJ?

Over the 1-year period, SGDJ has performed better with a 66.21% return vs 38.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AUMI or SGDJ?

AUMI is cheaper with a 0.35% expense ratio, compared with 0.50% for SGDJ.

Which ETF pays a higher dividend yield, AUMI or SGDJ?

SGDJ has the higher dividend yield at 8.88%, compared with 0.98% for AUMI.

What is the main difference between AUMI and SGDJ?

AUMI is categorized as Gold, while SGDJ is Materials. AUMI tracks Solactive Global Pure Gold Miners Index, while SGDJ tracks Solactive Junior Gold Miners Custom Factors Index. They also come from different issuers: Themes and Sprott. Their fees differ too: 0.35% for AUMI and 0.50% for SGDJ.

Which has better risk-adjusted returns?

SGDJ currently has the higher Sharpe Ratio (1.37 vs 0.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.