LITP vs. GBUG

Last updated Jun 4, 2026

LITP (Sprott Lithium Miners ETF) and GBUG (Sprott Active Gold & Silver Miners ETF) are both exchange-traded funds - LITP is a Energy Equities fund tracking the Nasdaq Sprott Lithium Miners Index - Benchmark TR Gross, while GBUG is a Gold fund actively managed by Sprott. LITP is passively managed, while GBUG is actively managed. Over the past year, LITP returned 218.79% vs 61.69% for GBUG. At a 0.37 correlation, their price movements are largely independent. LITP charges 0.65%/yr vs 0.89%/yr for GBUG.

Performance

LITP vs. GBUG - Performance Comparison

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

Returns By Period

In the year-to-date period, LITP achieves a 28.96% return, which is significantly higher than GBUG's -2.59% return.

LITP

• 1D: -4.66%
• 1M: -7.17%
• YTD: 28.96%
• 6M: 41.58%
• 1Y: 218.79%
• 3Y*: -0.12%
• 5Y*: —
• 10Y*: —

GBUG

• 1D: -3.86%
• 1M: -0.28%
• YTD: -2.59%
• 6M: 6.69%
• 1Y: 61.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LITP vs. GBUG - Yearly Performance Comparison

	2026 (YTD)	2025
LITP Sprott Lithium Miners ETF	28.96%	95.52%
GBUG Sprott Active Gold & Silver Miners ETF	-2.59%	119.00%

Correlation

The correlation between LITP and GBUG 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

LITP vs. GBUG — Risk / Return Rank

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

LITP

LITP Risk / Return Rank: 87
LITP Sharpe Ratio Rank: 94
LITP Sortino Ratio Rank: 81
LITP Omega Ratio Rank: 74
LITP Calmar Ratio Rank: 94
LITP Martin Ratio Rank: 90

GBUG

GBUG Risk / Return Rank: 35
GBUG Sharpe Ratio Rank: 36
GBUG Sortino Ratio Rank: 32
GBUG Omega Ratio Rank: 36
GBUG Calmar Ratio Rank: 39
GBUG Martin Ratio Rank: 33

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.

LITP vs. GBUG - Risk-Adjusted Trends Comparison

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

	LITP	GBUG	Difference
Sharpe ratio: Return per unit of total volatility	3.78	1.30	+2.48
Sortino ratio: Return per unit of downside risk	3.67	1.72	+1.95
Omega ratio: Gain probability vs. loss probability	1.45	1.24	+0.21
Calmar ratio: Return relative to maximum drawdown	7.08	1.93	+5.15
Martin ratio: Return relative to average drawdown	21.48	4.98	+16.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LITP vs. GBUG - Sharpe Ratio Comparison

The current LITP Sharpe Ratio is 3.78, which is higher than the GBUG Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of LITP and GBUG, 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

	LITP	GBUG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.78	1.30	+2.48
Sharpe Ratio (All Time) Calculated using the full available price history	-0.07	1.71	-1.78

Drawdowns

LITP vs. GBUG - Drawdown Comparison

The maximum LITP drawdown since its inception was -74.72%, which is greater than GBUG's maximum drawdown of -32.10%. Use the drawdown chart below to compare losses from any high point for LITP and GBUG.

Drawdown Indicators

	LITP	GBUG	Difference
Max Drawdown Largest peak-to-trough decline	-74.72%	-32.10%	-42.62%
Max Drawdown (1Y) Largest decline over 1 year	-31.12%	-32.10%	+0.98%
Max Drawdown (3Y) Largest decline over 3 years	-74.31%	—	—
Current Drawdown Current decline from peak	-14.47%	-26.84%	+12.37%
Average Drawdown Average peak-to-trough decline	-42.29%	-7.62%	-34.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.23%	12.42%	-2.19%

Volatility

LITP vs. GBUG - Volatility Comparison

The current volatility for Sprott Lithium Miners ETF (LITP) is 13.36%, while Sprott Active Gold & Silver Miners ETF (GBUG) has a volatility of 15.39%. This indicates that LITP experiences smaller price fluctuations and is considered to be less risky than GBUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LITP	GBUG	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.36%	15.39%	-2.03%
Volatility (6M) Calculated over the trailing 6-month period	39.69%	39.40%	+0.29%
Volatility (1Y) Calculated over the trailing 1-year period	58.34%	47.61%	+10.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	47.34%	47.38%	-0.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.34%	47.38%	-0.04%

LITP vs. GBUG - Expense Ratio Comparison

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

Dividends

LITP vs. GBUG - Dividend Comparison

LITP's dividend yield for the trailing twelve months is around 5.74%, more than GBUG's 1.60% yield.

Position	TTM	2025	2024	2023
GBUG Sprott Active Gold & Silver Miners ETF	1.60%	1.56%	0.00%	0.00%
LITP Sprott Lithium Miners ETF	5.74%	7.41%	6.55%	2.80%

Frequently Asked Questions

Can I hold both LITP and GBUG in my portfolio?

LITP and GBUG 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, LITP or GBUG?

GBUG has higher volatility (15.39%) compared to LITP (13.36%). In terms of maximum drawdown, LITP dropped -74.72% vs GBUG's -32.10%.

Which ETF is better, LITP or GBUG?

On 1-year performance, LITP leads with 218.79% vs 61.69% for GBUG. On fees, LITP is cheaper at 0.65% per year. On volatility, LITP has been the lower-risk option at 13.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LITP or GBUG?

Over the 1-year period, LITP has performed better with a 218.79% return vs 61.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LITP or GBUG?

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

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

LITP has the higher dividend yield at 5.74%, compared with 1.60% for GBUG.

What is the main difference between LITP and GBUG?

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

Which has better risk-adjusted returns?

LITP currently has the higher Sharpe Ratio (3.78 vs 1.30), 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.