SGDJ vs. SETM

Last updated Jun 4, 2026

SGDJ (Sprott Junior Gold Miners ETF) and SETM (Sprott Energy Transition Materials ETF) are both exchange-traded funds - SGDJ is a Materials fund tracking the Solactive Junior Gold Miners Custom Factors Index, while SETM is a Energy Equities fund tracking the Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. Both are passively managed. Over the past 3 years, SGDJ returned 49.76%/yr vs 30.90%/yr for SETM. A 0.60 correlation means they provide meaningful diversification when combined. SGDJ charges 0.50%/yr vs 0.65%/yr for SETM.

Performance

SGDJ vs. SETM - Performance Comparison

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

Returns By Period

In the year-to-date period, SGDJ achieves a 1.97% return, which is significantly lower than SETM's 27.22% return.

SGDJ

• 1D: -3.43%
• 1M: 0.20%
• YTD: 1.97%
• 6M: 12.36%
• 1Y: 80.74%
• 3Y*: 49.76%
• 5Y*: 17.17%
• 10Y*: 11.97%

SETM

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

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

SGDJ vs. SETM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SGDJ Sprott Junior Gold Miners ETF	1.97%	174.44%	19.35%	-2.79%
SETM Sprott Energy Transition Materials ETF	27.22%	95.27%	-13.24%	-11.03%

Correlation

The correlation between SGDJ and SETM is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (All Time) Calculated using the full available price history since Feb 3, 2023	0.60

The correlation between SGDJ and SETM has been stable across timeframes, ranging from 0.60 to 0.66 - a consistent structural relationship.

SGDJ vs. SETM - Sectors Allocation Comparison

Sectors	SGDJ	SETM
Basic Materials	100.0%	73.2%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	0.1%
Energy	-	25.8%
Financial Services	-	-
Healthcare	-	-
Industrials	-	0.9%
Real Estate	-	-
Technology	-	0.1%
Utilities	-	-

Return for Risk

SGDJ vs. SETM — Risk / Return Rank

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

SGDJ

SGDJ Risk / Return Rank: 44
SGDJ Sharpe Ratio Rank: 48
SGDJ Sortino Ratio Rank: 39
SGDJ Omega Ratio Rank: 43
SGDJ Calmar Ratio Rank: 49
SGDJ Martin Ratio Rank: 40

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

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. SETM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Gold Miners ETF (SGDJ) and Sprott Energy Transition Materials ETF (SETM). 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.

	SGDJ	SETM	Difference
Sharpe ratio: Return per unit of total volatility	1.68	3.25	-1.57
Sortino ratio: Return per unit of downside risk	2.02	3.29	-1.27
Omega ratio: Gain probability vs. loss probability	1.28	1.44	-0.16
Calmar ratio: Return relative to maximum drawdown	2.44	5.61	-3.17
Martin ratio: Return relative to average drawdown	6.48	17.42	-10.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SGDJ vs. SETM - Sharpe Ratio Comparison

The current SGDJ Sharpe Ratio is 1.68, which is lower than the SETM Sharpe Ratio of 3.25. The chart below compares the historical Sharpe Ratios of SGDJ and SETM, 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

	SGDJ	SETM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.68	3.25	-1.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.29	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.59	-0.24

Drawdowns

SGDJ vs. SETM - Drawdown Comparison

The maximum SGDJ drawdown since its inception was -59.27%, which is greater than SETM's maximum drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for SGDJ and SETM.

Drawdown Indicators

	SGDJ	SETM	Difference
Max Drawdown Largest peak-to-trough decline	-59.27%	-42.81%	-16.46%
Max Drawdown (1Y) Largest decline over 1 year	-33.22%	-25.85%	-7.37%
Max Drawdown (3Y) Largest decline over 3 years	-33.22%	-42.81%	+9.59%
Max Drawdown (5Y) Largest decline over 5 years	-54.90%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-59.27%	—	—
Current Drawdown Current decline from peak	-25.66%	-7.30%	-18.36%
Average Drawdown Average peak-to-trough decline	-26.25%	-14.26%	-11.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.50%	8.31%	+4.19%

Volatility

SGDJ vs. SETM - Volatility Comparison

Sprott Junior Gold Miners ETF (SGDJ) and Sprott Energy Transition Materials ETF (SETM) have volatilities of 13.18% and 13.58%, 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	SETM	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.18%	13.58%	-0.40%
Volatility (6M) Calculated over the trailing 6-month period	39.87%	34.49%	+5.38%
Volatility (1Y) Calculated over the trailing 1-year period	48.34%	44.71%	+3.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.28%	36.57%	+3.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.74%	36.57%	+4.17%

SGDJ vs. SETM - Expense Ratio Comparison

SGDJ has a 0.50% expense ratio, which is lower than SETM's 0.65% expense ratio.

Dividends

SGDJ vs. SETM - Dividend Comparison

SGDJ's dividend yield for the trailing twelve months is around 8.21%, more than SETM's 1.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SETM Sprott Energy Transition Materials ETF	1.23%	1.56%	2.07%	2.47%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SGDJ Sprott Junior Gold Miners ETF	8.21%	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 SETM in my portfolio?

SGDJ and SETM have a correlation of 0.66, 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 SETM?

SETM has higher volatility (13.58%) compared to SGDJ (13.18%). In terms of maximum drawdown, SGDJ dropped -59.27% vs SETM's -42.81%.

Which ETF is better, SGDJ or SETM?

On 3-year performance, SGDJ leads with 49.76% vs 30.90% for SETM. On fees, SGDJ is cheaper at 0.50% per year. On volatility, SGDJ has been the lower-risk option at 13.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SGDJ or SETM?

Over the 3-year period, SGDJ has performed better with a 49.76% return vs 30.90%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SGDJ or SETM?

SGDJ is cheaper with a 0.50% expense ratio, compared with 0.65% for SETM.

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

SGDJ has the higher dividend yield at 8.21%, compared with 1.23% for SETM.

What is the main difference between SGDJ and SETM?

SGDJ is categorized as Materials, while SETM is Energy Equities. SGDJ tracks Solactive Junior Gold Miners Custom Factors Index, while SETM tracks Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. Their fees differ too: 0.50% for SGDJ and 0.65% for SETM.

Which has better risk-adjusted returns?

SETM currently has the higher Sharpe Ratio (3.25 vs 1.68), 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.