SGDJ vs. GDXJ
Compare and contrast key facts about Sprott Junior Gold Miners ETF (SGDJ) and VanEck Vectors Junior Gold Miners ETF (GDXJ).
SGDJ and GDXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. GDXJ is a passively managed fund by VanEck that tracks the performance of the MVIS Global Junior Gold Miners Index. It was launched on Nov 10, 2009. Both SGDJ and GDXJ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGDJ or GDXJ.
Key characteristics
| SGDJ | GDXJ | |
|---|---|---|
| YTD Return | 18.98% | 19.65% |
| 1Y Return | 33.29% | 33.80% |
| 3Y Return (Ann) | -6.53% | -0.80% |
| 5Y Return (Ann) | 5.22% | 5.16% |
| Sharpe Ratio | 0.94 | 0.92 |
| Sortino Ratio | 1.47 | 1.44 |
| Omega Ratio | 1.18 | 1.17 |
| Calmar Ratio | 0.70 | 0.43 |
| Martin Ratio | 4.20 | 3.82 |
| Ulcer Index | 7.80% | 8.59% |
| Daily Std Dev | 35.03% | 35.79% |
| Max Drawdown | -59.27% | -88.66% |
| Current Drawdown | -27.24% | -66.47% |
Correlation
The correlation between SGDJ and GDXJ is 0.94, 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.
Performance
SGDJ vs. GDXJ - Performance Comparison
The year-to-date returns for both investments are quite close, with SGDJ having a 18.98% return and GDXJ slightly higher at 19.65%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SGDJ vs. GDXJ - Expense Ratio Comparison
SGDJ has a 0.50% expense ratio, which is lower than GDXJ's 0.54% expense ratio.
Risk-Adjusted Performance
SGDJ vs. GDXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Gold Miners ETF (SGDJ) and VanEck Vectors Junior Gold Miners ETF (GDXJ). 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.
Dividends
SGDJ vs. GDXJ - Dividend Comparison
SGDJ's dividend yield for the trailing twelve months is around 3.82%, more than GDXJ's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
SGDJ Sprott Junior Gold Miners ETF | 3.82% | 4.55% | 2.45% | 2.20% | 1.97% | 0.65% | 0.00% | 0.14% | 1.77% | 0.85% | 0.00% |
GDXJ VanEck Vectors Junior Gold Miners ETF | 0.60% | 0.72% | 0.51% | 1.78% | 1.58% | 0.39% | 0.45% | 0.03% | 4.78% | 0.72% | 0.74% |
Drawdowns
SGDJ vs. GDXJ - Drawdown Comparison
The maximum SGDJ drawdown since its inception was -59.27%, smaller than the maximum GDXJ drawdown of -88.66%. Use the drawdown chart below to compare losses from any high point for SGDJ and GDXJ. For additional features, visit the drawdowns tool.
Volatility
SGDJ vs. GDXJ - Volatility Comparison
The current volatility for Sprott Junior Gold Miners ETF (SGDJ) is 8.95%, while VanEck Vectors Junior Gold Miners ETF (GDXJ) has a volatility of 10.69%. This indicates that SGDJ experiences smaller price fluctuations and is considered to be less risky than GDXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.