GBUG vs. LITP

Last updated Jun 6, 2026

GBUG (Sprott Active Gold & Silver Miners ETF) and LITP (Sprott Lithium Miners ETF) are both exchange-traded funds - GBUG is a Gold fund actively managed by Sprott, while LITP is a Energy Equities fund tracking the Nasdaq Sprott Lithium Miners Index - Benchmark TR Gross. GBUG is actively managed, while LITP is passively managed. Over the past year, GBUG returned 46.03% vs 165.49% for LITP. At a 0.37 correlation, their price movements are largely independent. GBUG charges 0.89%/yr vs 0.65%/yr for LITP.

Performance

GBUG vs. LITP - Performance Comparison

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

Returns By Period

In the year-to-date period, GBUG achieves a -11.03% return, which is significantly lower than LITP's 13.53% return.

GBUG

• 1D: -9.73%
• 1M: -15.35%
• YTD: -11.03%
• 6M: -2.89%
• 1Y: 46.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LITP

• 1D: -9.58%
• 1M: -24.71%
• YTD: 13.53%
• 6M: 26.16%
• 1Y: 165.49%
• 3Y*: -4.55%
• 5Y*: —
• 10Y*: —

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

GBUG vs. LITP - Yearly Performance Comparison

	2026 (YTD)	2025
GBUG Sprott Active Gold & Silver Miners ETF	-11.03%	119.00%
LITP Sprott Lithium Miners ETF	13.53%	95.52%

Correlation

The correlation between GBUG and LITP is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (All Time) Calculated using the full available price history since Feb 21, 2025	0.37

Return for Risk

GBUG vs. LITP — Risk / Return Rank

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

GBUG

GBUG Risk / Return Rank: 28
GBUG Sharpe Ratio Rank: 28
GBUG Sortino Ratio Rank: 27
GBUG Omega Ratio Rank: 30
GBUG Calmar Ratio Rank: 30
GBUG Martin Ratio Rank: 27

LITP

LITP Risk / Return Rank: 79
LITP Sharpe Ratio Rank: 88
LITP Sortino Ratio Rank: 70
LITP Omega Ratio Rank: 65
LITP Calmar Ratio Rank: 90
LITP Martin Ratio Rank: 83

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. LITP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Active Gold & Silver Miners ETF (GBUG) and Sprott Lithium Miners ETF (LITP). 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	LITP	Difference
Sharpe ratio: Return per unit of total volatility	0.95	2.82	-1.87
Sortino ratio: Return per unit of downside risk	1.38	3.06	-1.68
Omega ratio: Gain probability vs. loss probability	1.19	1.37	-0.18
Calmar ratio: Return relative to maximum drawdown	1.39	5.35	-3.96
Martin ratio: Return relative to average drawdown	3.65	15.98	-12.33
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. LITP - Sharpe Ratio Comparison

The current GBUG Sharpe Ratio is 0.95, which is lower than the LITP Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of GBUG and LITP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GBUG	LITP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.95	2.82	-1.87
Sharpe Ratio (All Time) Calculated using the full available price history	1.42	-0.14	+1.56

Drawdowns

GBUG vs. LITP - Drawdown Comparison

The maximum GBUG drawdown since its inception was -33.18%, smaller than the maximum LITP drawdown of -74.72%. Use the drawdown chart below to compare losses from any high point for GBUG and LITP.

Drawdown Indicators

	GBUG	LITP	Difference
Max Drawdown Largest peak-to-trough decline	-33.18%	-74.72%	+41.54%
Max Drawdown (1Y) Largest decline over 1 year	-33.18%	-31.12%	-2.06%
Max Drawdown (3Y) Largest decline over 3 years	—	-74.31%	—
Current Drawdown Current decline from peak	-33.18%	-24.71%	-8.47%
Average Drawdown Average peak-to-trough decline	-7.75%	-42.23%	+34.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.70%	10.40%	+2.30%

Volatility

GBUG vs. LITP - Volatility Comparison

Sprott Active Gold & Silver Miners ETF (GBUG) has a higher volatility of 16.65% compared to Sprott Lithium Miners ETF (LITP) at 14.29%. This indicates that GBUG's price experiences larger fluctuations and is considered to be riskier than LITP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GBUG	LITP	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.65%	14.29%	+2.36%
Volatility (6M) Calculated over the trailing 6-month period	40.73%	41.07%	-0.34%
Volatility (1Y) Calculated over the trailing 1-year period	48.66%	59.18%	-10.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.05%	47.60%	+0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	48.05%	47.60%	+0.45%

GBUG vs. LITP - Expense Ratio Comparison

GBUG has a 0.89% expense ratio, which is higher than LITP's 0.65% expense ratio.

Dividends

GBUG vs. LITP - Dividend Comparison

GBUG's dividend yield for the trailing twelve months is around 1.75%, less than LITP's 6.53% yield.

Position	TTM	2025	2024	2023
GBUG Sprott Active Gold & Silver Miners ETF	1.75%	1.56%	0.00%	0.00%
LITP Sprott Lithium Miners ETF	6.53%	7.41%	6.55%	2.80%

Frequently Asked Questions

Can I hold both GBUG and LITP in my portfolio?

GBUG and LITP have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GBUG or LITP?

GBUG has higher volatility (16.65%) compared to LITP (14.29%). In terms of maximum drawdown, GBUG dropped -33.18% vs LITP's -74.72%.

Which ETF is better, GBUG or LITP?

On 1-year performance, LITP leads with 165.49% vs 46.03% for GBUG. On fees, LITP is cheaper at 0.65% per year. On volatility, LITP has been the lower-risk option at 14.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, GBUG or LITP?

Over the 1-year period, LITP has performed better with a 165.49% return vs 46.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, GBUG or LITP?

LITP is cheaper with a 0.65% expense ratio, compared with 0.89% for GBUG.

Which ETF pays a higher dividend yield, GBUG or LITP?

LITP has the higher dividend yield at 6.53%, compared with 1.75% for GBUG.

What is the main difference between GBUG and LITP?

GBUG is categorized as Gold, while LITP is Energy Equities. Their fees differ too: 0.89% for GBUG and 0.65% for LITP.

Which has better risk-adjusted returns?

LITP currently has the higher Sharpe Ratio (2.82 vs 0.95), 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.