EPGIX vs. SGDIX

Last updated Jul 17, 2026

EPGIX (EuroPac Gold Fund Class I) and SGDIX (Sprott Gold Equity Fund Institutional Class) are both Gold funds. Over the past 5 years, EPGIX returned 13.77%/yr vs 18.58%/yr for SGDIX. With a 0.96 correlation, they move nearly in lockstep. EPGIX charges 1.12%/yr vs 1.17%/yr for SGDIX.

Performance

EPGIX vs. SGDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in EuroPac Gold Fund Class I (EPGIX) and Sprott Gold Equity Fund Institutional Class (SGDIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EPGIX achieves a -9.41% return, which is significantly higher than SGDIX's -10.33% return.

EPGIX

• 1D: -0.93%
• 1M: -12.90%
• 6M: -18.58%
• YTD: -9.41%
• 1Y: 38.99%
• 3Y*: 28.58%
• 5Y*: 13.77%
• 10Y*: —

SGDIX

• 1D: -0.75%
• 1M: -12.99%
• 6M: -18.28%
• YTD: -10.33%
• 1Y: 51.45%
• 3Y*: 37.57%
• 5Y*: 18.58%
• 10Y*: —

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

EPGIX vs. SGDIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
EPGIX EuroPac Gold Fund Class I	-9.41%	129.72%	8.80%	2.51%	-13.84%	-17.82%	39.82%
SGDIX Sprott Gold Equity Fund Institutional Class	-10.33%	148.38%	20.90%	2.23%	-12.96%	-11.55%	35.67%

Correlation

The correlation between EPGIX and SGDIX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jan 17, 2020	0.96

The correlation between EPGIX and SGDIX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

EPGIX vs. SGDIX — Risk / Return Rank

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

EPGIX

EPGIX Risk / Return Rank: 18
EPGIX Sharpe Ratio Rank: 19
EPGIX Sortino Ratio Rank: 18
EPGIX Omega Ratio Rank: 21
EPGIX Calmar Ratio Rank: 20
EPGIX Martin Ratio Rank: 14

SGDIX

SGDIX Risk / Return Rank: 23
SGDIX Sharpe Ratio Rank: 26
SGDIX Sortino Ratio Rank: 22
SGDIX Omega Ratio Rank: 27
SGDIX Calmar Ratio Rank: 24
SGDIX Martin Ratio Rank: 16

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.

EPGIX vs. SGDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EuroPac Gold Fund Class I (EPGIX) and Sprott Gold Equity Fund Institutional Class (SGDIX). 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.

	EPGIX	SGDIX	Difference
Sharpe ratio: Return per unit of total volatility	0.97	1.18	-0.22
Sortino ratio: Return per unit of downside risk	1.37	1.60	-0.23
Omega ratio: Gain probability vs. loss probability	1.19	1.22	-0.03
Calmar ratio: Return relative to maximum drawdown	1.26	1.50	-0.24
Martin ratio: Return relative to average drawdown	2.86	3.40	-0.54

EPGIX vs. SGDIX - Sharpe Ratio Comparison

The current EPGIX Sharpe Ratio is 0.97, which is comparable to the SGDIX Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of EPGIX and SGDIX, 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

EPGIX vs. SGDIX - Drawdown Comparison

The maximum EPGIX drawdown since its inception was -50.71%, which is greater than SGDIX's maximum drawdown of -47.27%. Use the drawdown chart below to compare losses from any high point for EPGIX and SGDIX.

Drawdown Indicators

	EPGIX	SGDIX	Difference
Max Drawdown Largest peak-to-trough decline	-50.71%	-47.27%	-3.44%
Max Drawdown (1Y) Largest decline over 1 year	-31.17%	-33.93%	+2.76%
Max Drawdown (3Y) Largest decline over 3 years	-31.17%	-33.93%	+2.76%
Max Drawdown (5Y) Largest decline over 5 years	-44.85%	-42.90%	-1.95%
Current Drawdown Current decline from peak	-30.94%	-32.50%	+1.56%
Average Drawdown Average peak-to-trough decline	-18.71%	-18.17%	-0.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.75%	14.97%	-1.22%

Volatility

EPGIX vs. SGDIX - Volatility Comparison

The current volatility for EuroPac Gold Fund Class I (EPGIX) is 10.98%, while Sprott Gold Equity Fund Institutional Class (SGDIX) has a volatility of 13.17%. This indicates that EPGIX experiences smaller price fluctuations and is considered to be less risky than SGDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EPGIX	SGDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.98%	13.17%	-2.19%
Volatility (6M) Calculated over the trailing 6-month period	34.16%	36.63%	-2.47%
Volatility (1Y) Calculated over the trailing 1-year period	40.70%	43.04%	-2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.96%	32.35%	+0.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.00%	34.25%	-0.25%

EPGIX vs. SGDIX - Expense Ratio Comparison

EPGIX has a 1.12% expense ratio, which is lower than SGDIX's 1.17% expense ratio.

Dividends

EPGIX vs. SGDIX - Dividend Comparison

EPGIX's dividend yield for the trailing twelve months is around 7.69%, more than SGDIX's 0.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
EPGIX EuroPac Gold Fund Class I	7.69%	6.96%	10.56%	0.00%	0.00%	2.76%	8.83%
SGDIX Sprott Gold Equity Fund Institutional Class	0.73%	0.66%	0.00%	0.00%	0.52%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EPGIX and SGDIX in my portfolio?

With a correlation of 0.95, EPGIX and SGDIX 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, EPGIX or SGDIX?

SGDIX has higher volatility (13.17%) compared to EPGIX (10.98%). In terms of maximum drawdown, EPGIX dropped -50.71% vs SGDIX's -47.27%.

Which has better risk-adjusted returns?

SGDIX currently has the higher Sharpe Ratio (1.18 vs 0.97), 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.