SGDJ vs. AUMI

Last updated Jun 13, 2026

SGDJ (Sprott Junior Gold Miners ETF) and AUMI (Themes Gold Miners ETF) are both exchange-traded funds - SGDJ is a Materials fund tracking the Solactive Junior Gold Miners Custom Factors Index, while AUMI is a Gold fund tracking the Solactive Global Pure Gold Miners Index. Both are passively managed. Over the past year, SGDJ returned 66.21% vs 38.17% for AUMI. Their correlation of 0.91 suggests significant overlap in exposure. SGDJ charges 0.50%/yr vs 0.35%/yr for AUMI.

Performance

SGDJ vs. AUMI - Performance Comparison

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

Returns By Period

In the year-to-date period, SGDJ achieves a -5.68% return, which is significantly higher than AUMI's -11.62% return.

SGDJ

• 1D: 2.43%
• 1M: -17.01%
• YTD: -5.68%
• 6M: -2.07%
• 1Y: 66.21%
• 3Y*: 47.78%
• 5Y*: 15.18%
• 10Y*: 10.80%

AUMI

• 1D: 2.52%
• 1M: -17.27%
• YTD: -11.62%
• 6M: -9.97%
• 1Y: 38.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SGDJ vs. AUMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SGDJ Sprott Junior Gold Miners ETF	-5.68%	174.44%	19.35%	10.64%
AUMI Themes Gold Miners ETF	-11.62%	164.18%	30.61%	10.23%

Correlation

The correlation between SGDJ and AUMI is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (All Time) Calculated using the full available price history since Dec 13, 2023	0.91

The correlation between SGDJ and AUMI has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

SGDJ vs. AUMI - Sectors Allocation Comparison

Sectors	SGDJ	AUMI
Basic Materials	100.0%	99.4%
Communication Services	-	0.1%
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

SGDJ vs. AUMI — Risk / Return Rank

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

SGDJ

SGDJ Risk / Return Rank: 41
SGDJ Sharpe Ratio Rank: 45
SGDJ Sortino Ratio Rank: 38
SGDJ Omega Ratio Rank: 43
SGDJ Calmar Ratio Rank: 42
SGDJ Martin Ratio Rank: 37

AUMI

AUMI Risk / Return Rank: 25
AUMI Sharpe Ratio Rank: 25
AUMI Sortino Ratio Rank: 25
AUMI Omega Ratio Rank: 28
AUMI Calmar Ratio Rank: 24
AUMI Martin Ratio Rank: 24

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.

SGDJ vs. AUMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Gold Miners ETF (SGDJ) and Themes Gold Miners ETF (AUMI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SGDJ	AUMI	Difference
Sharpe ratio: Return per unit of total volatility	1.37	0.78	+0.59
Sortino ratio: Return per unit of downside risk	1.76	1.24	+0.52
Omega ratio: Gain probability vs. loss probability	1.25	1.17	+0.08
Calmar ratio: Return relative to maximum drawdown	1.86	0.98	+0.88
Martin ratio: Return relative to average drawdown	5.04	2.81	+2.24

SGDJ vs. AUMI - Sharpe Ratio Comparison

The current SGDJ Sharpe Ratio is 1.37, which is higher than the AUMI Sharpe Ratio of 0.78. The chart below compares the historical Sharpe Ratios of SGDJ and AUMI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SGDJ vs. AUMI - Drawdown Comparison

The maximum SGDJ drawdown since its inception was -59.27%, which is greater than AUMI's maximum drawdown of -39.28%. Use the drawdown chart below to compare losses from any high point for SGDJ and AUMI.

Drawdown Indicators

	SGDJ	AUMI	Difference
Max Drawdown Largest peak-to-trough decline	-59.27%	-39.28%	-19.99%
Max Drawdown (1Y) Largest decline over 1 year	-36.84%	-39.28%	+2.44%
Max Drawdown (3Y) Largest decline over 3 years	-36.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-53.68%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-59.27%	—	—
Current Drawdown Current decline from peak	-31.23%	-33.51%	+2.28%
Average Drawdown Average peak-to-trough decline	-26.25%	-7.35%	-18.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.57%	13.72%	-0.15%

Volatility

SGDJ vs. AUMI - Volatility Comparison

Sprott Junior Gold Miners ETF (SGDJ) and Themes Gold Miners ETF (AUMI) have volatilities of 17.17% and 17.47%, 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

	SGDJ	AUMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.17%	17.47%	-0.30%
Volatility (6M) Calculated over the trailing 6-month period	41.94%	40.45%	+1.49%
Volatility (1Y) Calculated over the trailing 1-year period	49.96%	49.48%	+0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.69%	42.24%	-1.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.92%	42.24%	-1.32%

SGDJ vs. AUMI - Expense Ratio Comparison

SGDJ has a 0.50% expense ratio, which is higher than AUMI's 0.35% expense ratio.

Dividends

SGDJ vs. AUMI - Dividend Comparison

SGDJ's dividend yield for the trailing twelve months is around 8.88%, more than AUMI's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AUMI Themes Gold Miners ETF	0.98%	0.86%	1.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SGDJ Sprott Junior Gold Miners ETF	8.88%	8.37%	6.55%	4.55%	2.46%	2.20%	1.97%	0.65%	0.00%	0.14%	1.77%	0.85%

Frequently Asked Questions

Can I hold both SGDJ and AUMI in my portfolio?

With a correlation of 0.94, SGDJ and AUMI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SGDJ or AUMI?

AUMI has higher volatility (17.47%) compared to SGDJ (17.17%). In terms of maximum drawdown, SGDJ dropped -59.27% vs AUMI's -39.28%.

Which ETF is better, SGDJ or AUMI?

On 1-year performance, SGDJ leads with 66.21% vs 38.17% for AUMI. On fees, AUMI is cheaper at 0.35% per year. On volatility, SGDJ has been the lower-risk option at 17.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SGDJ or AUMI?

Over the 1-year period, SGDJ has performed better with a 66.21% return vs 38.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SGDJ or AUMI?

AUMI is cheaper with a 0.35% expense ratio, compared with 0.50% for SGDJ.

Which ETF pays a higher dividend yield, SGDJ or AUMI?

SGDJ has the higher dividend yield at 8.88%, compared with 0.98% for AUMI.

What is the main difference between SGDJ and AUMI?

SGDJ is categorized as Materials, while AUMI is Gold. SGDJ tracks Solactive Junior Gold Miners Custom Factors Index, while AUMI tracks Solactive Global Pure Gold Miners Index. They also come from different issuers: Sprott and Themes. Their fees differ too: 0.50% for SGDJ and 0.35% for AUMI.

Which has better risk-adjusted returns?

SGDJ currently has the higher Sharpe Ratio (1.37 vs 0.78), 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.