GBUG vs. GDMN

Last updated Apr 1, 2026

Compare and contrast key facts about Sprott Active Gold & Silver Miners ETF (GBUG) and WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN).

GBUG and GDMN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GBUG is an actively managed fund by Sprott. It was launched on Feb 19, 2025. GDMN is an actively managed fund by WisdomTree. It was launched on Dec 16, 2021.

Performance

GBUG vs. GDMN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Active Gold & Silver Miners ETF (GBUG) and WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN). The values are adjusted to include any dividend payments, if applicable.

GBUG vs. GDMN - Yearly Performance Comparison

	2026 (YTD)	2025
GBUG Sprott Active Gold & Silver Miners ETF	4.01%	119.00%
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund	8.77%	151.49%

Returns By Period

In the year-to-date period, GBUG achieves a 4.01% return, which is significantly lower than GDMN's 8.77% return.

GBUG

• 1D: 7.40%
• 1M: -21.89%
• YTD: 4.01%
• 6M: 23.23%
• 1Y: 112.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GDMN

• 1D: 9.38%
• 1M: -27.72%
• YTD: 8.77%
• 6M: 31.63%
• 1Y: 140.14%
• 3Y*: 65.41%
• 5Y*: —
• 10Y*: —

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

GBUG vs. GDMN - Expense Ratio Comparison

GBUG has a 0.89% expense ratio, which is higher than GDMN's 0.45% expense ratio.

GBUG

Sprott Active Gold & Silver Miners ETF

GDMN

WisdomTree Efficient Gold Plus Gold Miners Strategy Fund

Return for Risk

GBUG vs. GDMN — Risk / Return Rank

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

GBUG

GBUG Risk / Return Rank: 92
GBUG Sharpe Ratio Rank: 95
GBUG Sortino Ratio Rank: 90
GBUG Omega Ratio Rank: 90
GBUG Calmar Ratio Rank: 93
GBUG Martin Ratio Rank: 92

GDMN

GDMN Risk / Return Rank: 91
GDMN Sharpe Ratio Rank: 94
GDMN Sortino Ratio Rank: 88
GDMN Omega Ratio Rank: 88
GDMN Calmar Ratio Rank: 94
GDMN Martin Ratio Rank: 92

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.

GBUG vs. GDMN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Active Gold & Silver Miners ETF (GBUG) and WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN). 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.

	GBUG	GDMN	Difference
Sharpe ratio Return per unit of total volatility	2.33	2.20	+0.13
Sortino ratio Return per unit of downside risk	2.52	2.34	+0.18
Omega ratio Gain probability vs. loss probability	1.37	1.35	+0.02
Calmar ratio Return relative to maximum drawdown	3.50	3.69	-0.18
Martin ratio Return relative to average drawdown	12.63	12.63	0.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GBUG vs. GDMN - Sharpe Ratio Comparison

The current GBUG Sharpe Ratio is 2.33, which is comparable to the GDMN Sharpe Ratio of 2.20. The chart below compares the historical Sharpe Ratios of GBUG and GDMN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GBUG	GDMN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.33	2.20	+0.13
Sharpe Ratio (All Time) Calculated using the full available price history	2.34	0.94	+1.41

Correlation

The correlation between GBUG and GDMN is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

GBUG vs. GDMN - Dividend Comparison

GBUG's dividend yield for the trailing twelve months is around 1.50%, less than GDMN's 2.48% yield.

	TTM	2025	2024	2023	2022
GBUG Sprott Active Gold & Silver Miners ETF	1.50%	1.56%	0.00%	0.00%	0.00%
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund	2.48%	2.70%	9.44%	7.69%	1.44%

Drawdowns

GBUG vs. GDMN - Drawdown Comparison

The maximum GBUG drawdown since its inception was -32.10%, smaller than the maximum GDMN drawdown of -52.82%. Use the drawdown chart below to compare losses from any high point for GBUG and GDMN.

Drawdown Indicators

	GBUG	GDMN	Difference
Max Drawdown Largest peak-to-trough decline	-32.10%	-52.82%	+20.72%
Max Drawdown (1Y) Largest decline over 1 year	-32.10%	-39.03%	+6.93%
Current Drawdown Current decline from peak	-21.89%	-28.60%	+6.71%
Average Drawdown Average peak-to-trough decline	-5.52%	-18.45%	+12.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.90%	11.39%	-2.49%

Volatility

GBUG vs. GDMN - Volatility Comparison

The current volatility for Sprott Active Gold & Silver Miners ETF (GBUG) is 19.60%, while WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) has a volatility of 24.97%. This indicates that GBUG experiences smaller price fluctuations and is considered to be less risky than GDMN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GBUG	GDMN	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.60%	24.97%	-5.37%
Volatility (6M) Calculated over the trailing 6-month period	40.38%	53.89%	-13.51%
Volatility (1Y) Calculated over the trailing 1-year period	48.40%	63.99%	-15.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.41%	47.19%	+0.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.41%	47.19%	+0.22%