SETM vs. SII

Last updated Jun 4, 2026

SETM (Sprott Energy Transition Materials ETF) is Energy Equities fund tracking the Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross, while SII (Sprott Inc) is a stock. Over the past 3 years, SETM returned 30.90%/yr vs 58.29%/yr for SII. A 0.59 correlation means they provide meaningful diversification when combined.

Performance

SETM vs. SII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Energy Transition Materials ETF (SETM) and Sprott Inc (SII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SETM achieves a 27.22% return, which is significantly lower than SII's 31.49% return.

SETM

• 1D: -4.09%
• 1M: 2.39%
• YTD: 27.22%
• 6M: 33.66%
• 1Y: 144.21%
• 3Y*: 30.90%
• 5Y*: —
• 10Y*: —

SII

• 1D: -3.97%
• 1M: -1.66%
• YTD: 31.49%
• 6M: 41.86%
• 1Y: 116.48%
• 3Y*: 58.29%
• 5Y*: 26.10%
• 10Y*: —

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

SETM vs. SII - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SETM Sprott Energy Transition Materials ETF	27.22%	95.27%	-13.24%	-11.03%
SII Sprott Inc	31.49%	137.17%	27.39%	-12.53%

Correlation

The correlation between SETM and SII is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (All Time) Calculated using the full available price history since Feb 3, 2023	0.59

The correlation between SETM and SII has been stable across timeframes, ranging from 0.59 to 0.62 - a consistent structural relationship.

Return for Risk

SETM vs. SII — Risk / Return Rank

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

SETM

SETM Risk / Return Rank: 82
SETM Sharpe Ratio Rank: 91
SETM Sortino Ratio Rank: 71
SETM Omega Ratio Rank: 72
SETM Calmar Ratio Rank: 90
SETM Martin Ratio Rank: 84

SII

SII Risk / Return Rank: 89
SII Sharpe Ratio Rank: 92
SII Sortino Ratio Rank: 88
SII Omega Ratio Rank: 88
SII Calmar Ratio Rank: 90
SII Martin Ratio Rank: 88

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.

SETM vs. SII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Energy Transition Materials ETF (SETM) and Sprott Inc (SII). 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.

	SETM	SII	Difference
Sharpe ratio Return per unit of total volatility	3.25	2.55	+0.70
Sortino ratio Return per unit of downside risk	3.29	3.08	+0.21
Omega ratio Gain probability vs. loss probability	1.44	1.41	+0.03
Calmar ratio Return relative to maximum drawdown	5.61	4.71	+0.90
Martin ratio Return relative to average drawdown	17.42	11.04	+6.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SETM vs. SII - Sharpe Ratio Comparison

The current SETM Sharpe Ratio is 3.25, which is comparable to the SII Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of SETM and SII, 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

	SETM	SII	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.25	2.55	+0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.77	-0.18

Drawdowns

SETM vs. SII - Drawdown Comparison

The maximum SETM drawdown since its inception was -42.81%, smaller than the maximum SII drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for SETM and SII.

Drawdown Indicators

	SETM	SII	Difference
Max Drawdown Largest peak-to-trough decline	-42.81%	-47.81%	+5.00%
Max Drawdown (1Y) Largest decline over 1 year	-25.85%	-24.87%	-0.98%
Max Drawdown (3Y) Largest decline over 3 years	-42.81%	-24.87%	-17.94%
Max Drawdown (5Y) Largest decline over 5 years	—	-47.81%	—
Current Drawdown Current decline from peak	-7.30%	-22.81%	+15.51%
Average Drawdown Average peak-to-trough decline	-14.26%	-21.06%	+6.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.31%	10.59%	-2.28%

Volatility

SETM vs. SII - Volatility Comparison

The current volatility for Sprott Energy Transition Materials ETF (SETM) is 13.58%, while Sprott Inc (SII) has a volatility of 22.93%. This indicates that SETM experiences smaller price fluctuations and is considered to be less risky than SII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SETM	SII	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.58%	22.93%	-9.35%
Volatility (6M) Calculated over the trailing 6-month period	34.49%	39.36%	-4.87%
Volatility (1Y) Calculated over the trailing 1-year period	44.71%	46.00%	-1.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.57%	37.47%	-0.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.57%	37.42%	-0.85%

Dividends

SETM vs. SII - Dividend Comparison

SETM's dividend yield for the trailing twelve months is around 1.23%, more than SII's 1.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
SETM Sprott Energy Transition Materials ETF	1.23%	1.56%	2.07%	2.47%	0.00%	0.00%	0.00%
SII Sprott Inc	1.17%	1.33%	2.49%	2.95%	3.00%	2.22%	1.66%

Frequently Asked Questions

Can I hold both SETM and SII in my portfolio?

SETM and SII have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SETM or SII?

SII has higher volatility (22.93%) compared to SETM (13.58%). In terms of maximum drawdown, SETM dropped -42.81% vs SII's -47.81%.

Which has better risk-adjusted returns?

SETM currently has the higher Sharpe Ratio (3.25 vs 2.55), 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.