SGDJ vs. TLT
SGDJ (Sprott Junior Gold Miners ETF) and TLT (iShares 20+ Year Treasury Bond ETF) are both exchange-traded funds - SGDJ is a Materials fund tracking the Solactive Junior Gold Miners Custom Factors Index, while TLT is a Government Bonds fund tracking the ICE U.S. Treasury 20+ Year Bond Index. Both are passively managed. Over the past 10 years, SGDJ returned 11.97%/yr vs -1.66%/yr for TLT. At a 0.19 correlation, their price movements are largely independent. SGDJ charges 0.50%/yr vs 0.15%/yr for TLT.
Performance
SGDJ vs. TLT - Performance Comparison
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Returns By Period
In the year-to-date period, SGDJ achieves a 1.97% return, which is significantly higher than TLT's -0.27% return. Over the past 10 years, SGDJ has outperformed TLT with an annualized return of 11.97%, while TLT has yielded a comparatively lower -1.66% annualized 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%
TLT
- 1D
- -0.40%
- 1M
- 0.81%
- YTD
- -0.27%
- 6M
- -2.02%
- 1Y
- 4.93%
- 3Y*
- -1.80%
- 5Y*
- -6.31%
- 10Y*
- -1.66%
SGDJ vs. TLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SGDJ Sprott Junior Gold Miners ETF | 1.97% | 174.44% | 19.35% | 6.66% | -27.60% | -15.12% | 47.91% | 37.00% | -25.63% | 5.94% |
TLT iShares 20+ Year Treasury Bond ETF | -0.27% | 4.25% | -8.05% | 2.77% | -31.23% | -4.60% | 18.15% | 14.12% | -1.61% | 9.18% |
Correlation
The correlation between SGDJ and TLT is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2015 | 0.19 |
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Return for Risk
SGDJ vs. TLT — Risk / Return Rank
SGDJ
TLT
SGDJ vs. TLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Junior Gold Miners ETF (SGDJ) and iShares 20+ Year Treasury Bond ETF (TLT). 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 | TLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.09 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.44 | 0.65 | +1.79 |
| Martin ratioReturn relative to average drawdown | 6.48 | 1.63 | +4.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SGDJ | TLT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | 0.51 | +1.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | -0.40 | +0.83 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | -0.11 | +0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.26 | +0.10 |
Drawdowns
SGDJ vs. TLT - Drawdown Comparison
The maximum SGDJ drawdown since its inception was -59.27%, which is greater than TLT's maximum drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for SGDJ and TLT.
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Drawdown Indicators
| SGDJ | TLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.27% | -48.35% | -10.92% |
Max Drawdown (1Y)Largest decline over 1 year | -33.22% | -7.58% | -25.64% |
Max Drawdown (3Y)Largest decline over 3 years | -33.22% | -19.18% | -14.04% |
Max Drawdown (5Y)Largest decline over 5 years | -54.90% | -43.70% | -11.20% |
Max Drawdown (10Y)Largest decline over 10 years | -59.27% | -48.35% | -10.92% |
Current DrawdownCurrent decline from peak | -25.66% | -40.44% | +14.78% |
Average DrawdownAverage peak-to-trough decline | -26.25% | -13.82% | -12.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.50% | 3.04% | +9.46% |
Volatility
SGDJ vs. TLT - Volatility Comparison
Sprott Junior Gold Miners ETF (SGDJ) has a higher volatility of 13.18% compared to iShares 20+ Year Treasury Bond ETF (TLT) at 2.76%. This indicates that SGDJ's price experiences larger fluctuations and is considered to be riskier than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SGDJ | TLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.18% | 2.76% | +10.42% |
Volatility (6M)Calculated over the trailing 6-month period | 39.87% | 6.50% | +33.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.34% | 9.77% | +38.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.28% | 15.87% | +24.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.74% | 14.91% | +25.83% |
SGDJ vs. TLT - Expense Ratio Comparison
SGDJ has a 0.50% expense ratio, which is higher than TLT's 0.15% expense ratio.
Dividends
SGDJ vs. TLT - Dividend Comparison
SGDJ's dividend yield for the trailing twelve months is around 8.21%, more than TLT's 4.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
TLT iShares 20+ Year Treasury Bond ETF | 4.59% | 4.43% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% |
Frequently Asked Questions
SGDJ and TLT have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SGDJ has higher volatility (13.18%) compared to TLT (2.76%). In terms of maximum drawdown, SGDJ dropped -59.27% vs TLT's -48.35%.
On 10-year performance, SGDJ leads with 11.97% vs -1.66% for TLT. On fees, TLT is cheaper at 0.15% per year. On volatility, TLT has been the lower-risk option at 2.76%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SGDJ has performed better with a 11.97% return vs -1.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
TLT is cheaper with a 0.15% expense ratio, compared with 0.50% for SGDJ.
SGDJ has the higher dividend yield at 8.21%, compared with 4.59% for TLT.
SGDJ is categorized as Materials, while TLT is Government Bonds. SGDJ tracks Solactive Junior Gold Miners Custom Factors Index, while TLT tracks ICE U.S. Treasury 20+ Year Bond Index. They also come from different issuers: Sprott and iShares. Their fees differ too: 0.50% for SGDJ and 0.15% for TLT.
SGDJ currently has the higher Sharpe Ratio (1.68 vs 0.51), 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.
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