SGDJ vs. MOOD

Last updated Jun 13, 2026

SGDJ (Sprott Junior Gold Miners ETF) and MOOD (Relative Sentiment Tactical Allocation ETF) are both exchange-traded funds - SGDJ is a Materials fund tracking the Solactive Junior Gold Miners Custom Factors Index, while MOOD is a Tactical Allocation fund actively managed by Relative Sentiment. SGDJ is passively managed, while MOOD is actively managed. Over the past 3 years, SGDJ returned 47.78%/yr vs 20.20%/yr for MOOD. A 0.60 correlation means they provide meaningful diversification when combined. SGDJ charges 0.50%/yr vs 0.68%/yr for MOOD.

Performance

SGDJ vs. MOOD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Junior Gold Miners ETF (SGDJ) and Relative Sentiment Tactical Allocation ETF (MOOD). 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 lower than MOOD's 14.12% 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%

MOOD

• 1D: 0.41%
• 1M: 0.95%
• YTD: 14.12%
• 6M: 15.59%
• 1Y: 34.43%
• 3Y*: 20.20%
• 5Y*: —
• 10Y*: —

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

SGDJ vs. MOOD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SGDJ Sprott Junior Gold Miners ETF	-5.68%	174.44%	19.35%	6.66%	-12.70%
MOOD Relative Sentiment Tactical Allocation ETF	14.12%	30.39%	12.53%	12.56%	-3.31%

Correlation

The correlation between SGDJ and MOOD is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (All Time) Calculated using the full available price history since May 19, 2022	0.60

The correlation between SGDJ and MOOD shifts across timeframes, from 0.60 (all time) to 0.71 (1 year), reflecting how their relationship changes across market environments.

SGDJ vs. MOOD - Sectors Allocation Comparison

Sectors	SGDJ	MOOD
Basic Materials	100.0%	4.4%
Communication Services	-	7.9%
Consumer Cyclical	-	9.5%
Consumer Defensive	-	5.1%
Energy	-	3.7%
Financial Services	-	15.7%
Healthcare	-	8.4%
Industrials	-	12.6%
Real Estate	-	2.5%
Technology	-	27.6%
Utilities	-	2.7%

Return for Risk

SGDJ vs. MOOD — 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

MOOD

MOOD Risk / Return Rank: 77
MOOD Sharpe Ratio Rank: 83
MOOD Sortino Ratio Rank: 70
MOOD Omega Ratio Rank: 86
MOOD Calmar Ratio Rank: 77
MOOD Martin Ratio Rank: 67

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. MOOD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Gold Miners ETF (SGDJ) and Relative Sentiment Tactical Allocation ETF (MOOD). 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	MOOD	Difference
Sharpe ratio: Return per unit of total volatility	1.37	2.32	-0.95
Sortino ratio: Return per unit of downside risk	1.76	2.76	-0.99
Omega ratio: Gain probability vs. loss probability	1.25	1.45	-0.21
Calmar ratio: Return relative to maximum drawdown	1.86	3.46	-1.60
Martin ratio: Return relative to average drawdown	5.04	10.68	-5.64

SGDJ vs. MOOD - Sharpe Ratio Comparison

The current SGDJ Sharpe Ratio is 1.37, which is lower than the MOOD Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of SGDJ and MOOD, 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. MOOD - Drawdown Comparison

The maximum SGDJ drawdown since its inception was -59.27%, which is greater than MOOD's maximum drawdown of -14.34%. Use the drawdown chart below to compare losses from any high point for SGDJ and MOOD.

Drawdown Indicators

	SGDJ	MOOD	Difference
Max Drawdown Largest peak-to-trough decline	-59.27%	-14.34%	-44.93%
Max Drawdown (1Y) Largest decline over 1 year	-36.84%	-9.71%	-27.13%
Max Drawdown (3Y) Largest decline over 3 years	-36.84%	-9.71%	-27.13%
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%	-0.86%	-30.37%
Average Drawdown Average peak-to-trough decline	-26.25%	-2.32%	-23.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.57%	3.14%	+10.43%

Volatility

SGDJ vs. MOOD - Volatility Comparison

Sprott Junior Gold Miners ETF (SGDJ) has a higher volatility of 17.17% compared to Relative Sentiment Tactical Allocation ETF (MOOD) at 4.19%. This indicates that SGDJ's price experiences larger fluctuations and is considered to be riskier than MOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SGDJ	MOOD	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.17%	4.19%	+12.98%
Volatility (6M) Calculated over the trailing 6-month period	41.94%	12.73%	+29.21%
Volatility (1Y) Calculated over the trailing 1-year period	49.96%	14.49%	+35.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.69%	12.13%	+28.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.92%	12.13%	+28.79%

SGDJ vs. MOOD - Expense Ratio Comparison

SGDJ has a 0.50% expense ratio, which is lower than MOOD's 0.68% expense ratio.

Dividends

SGDJ vs. MOOD - Dividend Comparison

SGDJ's dividend yield for the trailing twelve months is around 8.88%, more than MOOD's 0.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOOD Relative Sentiment Tactical Allocation ETF	0.35%	0.40%	1.33%	1.34%	1.43%	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 MOOD in my portfolio?

SGDJ and MOOD have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SGDJ or MOOD?

SGDJ has higher volatility (17.17%) compared to MOOD (4.19%). In terms of maximum drawdown, SGDJ dropped -59.27% vs MOOD's -14.34%.

Which ETF is better, SGDJ or MOOD?

On 3-year performance, SGDJ leads with 47.78% vs 20.20% for MOOD. On fees, SGDJ is cheaper at 0.50% per year. On volatility, MOOD has been the lower-risk option at 4.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SGDJ or MOOD?

Over the 3-year period, SGDJ has performed better with a 47.78% return vs 20.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SGDJ or MOOD?

SGDJ is cheaper with a 0.50% expense ratio, compared with 0.68% for MOOD.

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

SGDJ has the higher dividend yield at 8.88%, compared with 0.35% for MOOD.

What is the main difference between SGDJ and MOOD?

SGDJ is categorized as Materials, while MOOD is Tactical Allocation. They also come from different issuers: Sprott and Relative Sentiment. Their fees differ too: 0.50% for SGDJ and 0.68% for MOOD.

Which has better risk-adjusted returns?

MOOD currently has the higher Sharpe Ratio (2.32 vs 1.37), 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.