FLNG vs. SGDM
Compare and contrast key facts about FLEX LNG Ltd (FLNG) and Sprott Gold Miners ETF (SGDM).
SGDM is a passively managed fund by Sprott that tracks the performance of the Solactive Gold Miners Custom Factors Index. It was launched on Jul 15, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLNG or SGDM.
Correlation
The correlation between FLNG and SGDM is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FLNG vs. SGDM - Performance Comparison
Key characteristics
FLNG:
0.11
SGDM:
2.08
FLNG:
0.37
SGDM:
2.61
FLNG:
1.04
SGDM:
1.35
FLNG:
0.10
SGDM:
2.19
FLNG:
0.30
SGDM:
8.51
FLNG:
10.85%
SGDM:
7.78%
FLNG:
28.96%
SGDM:
31.87%
FLNG:
-71.92%
SGDM:
-54.95%
FLNG:
-20.49%
SGDM:
-1.15%
Returns By Period
In the year-to-date period, FLNG achieves a 4.66% return, which is significantly lower than SGDM's 54.46% return.
FLNG
4.66%
3.28%
-2.83%
2.44%
50.44%
N/A
SGDM
54.46%
15.95%
35.17%
63.88%
12.00%
9.97%
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Risk-Adjusted Performance
FLNG vs. SGDM — Risk-Adjusted Performance Rank
FLNG
SGDM
FLNG vs. SGDM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FLEX LNG Ltd (FLNG) and Sprott Gold Miners ETF (SGDM). 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.
Dividends
FLNG vs. SGDM - Dividend Comparison
FLNG's dividend yield for the trailing twelve months is around 12.89%, more than SGDM's 0.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLNG FLEX LNG Ltd | 12.89% | 13.08% | 11.61% | 10.71% | 7.88% | 2.29% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGDM Sprott Gold Miners ETF | 0.68% | 1.04% | 1.39% | 1.42% | 1.33% | 0.30% | 0.25% | 0.50% | 0.57% | 0.02% | 1.47% | 0.26% |
Drawdowns
FLNG vs. SGDM - Drawdown Comparison
The maximum FLNG drawdown since its inception was -71.92%, which is greater than SGDM's maximum drawdown of -54.95%. Use the drawdown chart below to compare losses from any high point for FLNG and SGDM. For additional features, visit the drawdowns tool.
Volatility
FLNG vs. SGDM - Volatility Comparison
The current volatility for FLEX LNG Ltd (FLNG) is 12.44%, while Sprott Gold Miners ETF (SGDM) has a volatility of 14.22%. This indicates that FLNG experiences smaller price fluctuations and is considered to be less risky than SGDM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.