GBUG vs. SGDJ

Last updated Apr 2, 2026

Compare and contrast key facts about Sprott Active Gold & Silver Miners ETF (GBUG) and Sprott Junior Gold Miners ETF (SGDJ).

GBUG and SGDJ 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. SGDJ is a passively managed fund by Sprott that tracks the performance of the Solactive Junior Gold Miners Custom Factors Index. It was launched on Mar 31, 2015.

Performance

GBUG vs. SGDJ - Performance Comparison

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

GBUG vs. SGDJ - Yearly Performance Comparison

	2026 (YTD)	2025
GBUG Sprott Active Gold & Silver Miners ETF	9.41%	119.00%
SGDJ Sprott Junior Gold Miners ETF	6.92%	126.12%

Returns By Period

In the year-to-date period, GBUG achieves a 9.41% return, which is significantly higher than SGDJ's 6.92% return.

GBUG

• 1D: 5.19%
• 1M: -17.50%
• YTD: 9.41%
• 6M: 28.09%
• 1Y: 124.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SGDJ

• 1D: 4.50%
• 1M: -21.22%
• YTD: 6.92%
• 6M: 31.71%
• 1Y: 132.50%
• 3Y*: 47.73%
• 5Y*: 21.70%
• 10Y*: 15.04%

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

GBUG vs. SGDJ - Expense Ratio Comparison

GBUG has a 0.89% expense ratio, which is higher than SGDJ's 0.50% expense ratio.

GBUG

Sprott Active Gold & Silver Miners ETF

SGDJ

Sprott Junior Gold Miners ETF

Return for Risk

GBUG vs. SGDJ — Risk / Return Rank

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

GBUG

GBUG Risk / Return Rank: 93
GBUG Sharpe Ratio Rank: 96
GBUG Sortino Ratio Rank: 91
GBUG Omega Ratio Rank: 91
GBUG Calmar Ratio Rank: 94
GBUG Martin Ratio Rank: 92

SGDJ

SGDJ Risk / Return Rank: 93
SGDJ Sharpe Ratio Rank: 96
SGDJ Sortino Ratio Rank: 91
SGDJ Omega Ratio Rank: 90
SGDJ Calmar Ratio Rank: 94
SGDJ Martin Ratio Rank: 93

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. SGDJ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Active Gold & Silver Miners ETF (GBUG) 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.

	GBUG	SGDJ	Difference
Sharpe ratio Return per unit of total volatility	2.58	2.63	-0.05
Sortino ratio Return per unit of downside risk	2.69	2.71	-0.02
Omega ratio Gain probability vs. loss probability	1.40	1.39	+0.01
Calmar ratio Return relative to maximum drawdown	3.84	3.90	-0.06
Martin ratio Return relative to average drawdown	13.76	14.05	-0.29
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. SGDJ - Sharpe Ratio Comparison

The current GBUG Sharpe Ratio is 2.58, which is comparable to the SGDJ Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of GBUG and SGDJ, 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	SGDJ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.58	2.63	-0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.55	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.37	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.53	0.38	+2.16

Correlation

The correlation between GBUG and SGDJ is 0.93, 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. SGDJ - Dividend Comparison

GBUG's dividend yield for the trailing twelve months is around 1.42%, less than SGDJ's 7.83% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GBUG Sprott Active Gold & Silver Miners ETF	1.42%	1.56%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SGDJ Sprott Junior Gold Miners ETF	7.83%	8.37%	6.55%	4.55%	2.46%	2.20%	1.97%	0.65%	0.00%	0.14%	1.77%	0.85%

Drawdowns

GBUG vs. SGDJ - Drawdown Comparison

The maximum GBUG drawdown since its inception was -32.10%, smaller than the maximum SGDJ drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for GBUG and SGDJ.

Drawdown Indicators

	GBUG	SGDJ	Difference
Max Drawdown Largest peak-to-trough decline	-32.10%	-59.27%	+27.17%
Max Drawdown (1Y) Largest decline over 1 year	-32.10%	-33.22%	+1.12%
Max Drawdown (5Y) Largest decline over 5 years	—	-56.82%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-59.27%	—
Current Drawdown Current decline from peak	-17.83%	-22.05%	+4.22%
Average Drawdown Average peak-to-trough decline	-5.57%	-26.33%	+20.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.97%	9.22%	-0.25%

Volatility

GBUG vs. SGDJ - Volatility Comparison

Sprott Active Gold & Silver Miners ETF (GBUG) and Sprott Junior Gold Miners ETF (SGDJ) have volatilities of 18.82% and 18.92%, 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

	GBUG	SGDJ	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.82%	18.92%	-0.10%
Volatility (6M) Calculated over the trailing 6-month period	40.68%	42.20%	-1.52%
Volatility (1Y) Calculated over the trailing 1-year period	48.64%	50.65%	-2.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.55%	39.92%	+7.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.55%	41.25%	+6.30%