SGDM vs. FLNG

Last updated Apr 2, 2026

Compare and contrast key facts about Sprott Gold Miners ETF (SGDM) and FLEX LNG Ltd (FLNG).

SGDM is a passively managed fund by Sprott that tracks the performance of the Solactive Gold Miners Custom Factors Index. It was launched on Jul 15, 2014.

Performance

SGDM vs. FLNG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Gold Miners ETF (SGDM) and FLEX LNG Ltd (FLNG). The values are adjusted to include any dividend payments, if applicable.

SGDM vs. FLNG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SGDM Sprott Gold Miners ETF	13.63%	153.46%	12.14%	2.34%	-8.23%	-9.15%	21.85%	25.34%
FLNG FLEX LNG Ltd	20.73%	22.47%	-11.61%	-1.19%	56.32%	202.13%	-17.14%	-1.73%

Returns By Period

In the year-to-date period, SGDM achieves a 13.63% return, which is significantly lower than FLNG's 20.73% return.

SGDM

• 1D: 4.81%
• 1M: -17.00%
• YTD: 13.63%
• 6M: 27.33%
• 1Y: 111.01%
• 3Y*: 42.57%
• 5Y*: 24.69%
• 10Y*: 16.46%

FLNG

• 1D: -1.38%
• 1M: 3.86%
• YTD: 20.73%
• 6M: 21.08%
• 1Y: 44.94%
• 3Y*: 6.88%
• 5Y*: 41.63%
• 10Y*: —

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

Return for Risk

SGDM vs. FLNG — Risk / Return Rank

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

SGDM

SGDM Risk / Return Rank: 92
SGDM Sharpe Ratio Rank: 95
SGDM Sortino Ratio Rank: 89
SGDM Omega Ratio Rank: 90
SGDM Calmar Ratio Rank: 93
SGDM Martin Ratio Rank: 92

FLNG

FLNG Risk / Return Rank: 85
FLNG Sharpe Ratio Rank: 85
FLNG Sortino Ratio Rank: 81
FLNG Omega Ratio Rank: 80
FLNG Calmar Ratio Rank: 90
FLNG Martin Ratio Rank: 89

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.

SGDM vs. FLNG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Gold Miners ETF (SGDM) and FLEX LNG Ltd (FLNG). 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.

	SGDM	FLNG	Difference
Sharpe ratio Return per unit of total volatility	2.44	1.60	+0.84
Sortino ratio Return per unit of downside risk	2.58	2.22	+0.36
Omega ratio Gain probability vs. loss probability	1.39	1.29	+0.09
Calmar ratio Return relative to maximum drawdown	3.69	3.90	-0.21
Martin ratio Return relative to average drawdown	13.29	10.14	+3.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SGDM vs. FLNG - Sharpe Ratio Comparison

The current SGDM Sharpe Ratio is 2.44, which is higher than the FLNG Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of SGDM and FLNG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SGDM	FLNG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.44	1.60	+0.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	1.03	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.56	-0.26

Correlation

The correlation between SGDM and FLNG is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SGDM vs. FLNG - Dividend Comparison

SGDM's dividend yield for the trailing twelve months is around 0.92%, less than FLNG's 10.24% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SGDM Sprott Gold Miners ETF	0.92%	1.04%	1.04%	1.39%	1.42%	1.33%	0.30%	0.25%	0.50%	0.58%	0.02%	1.47%
FLNG FLEX LNG Ltd	10.24%	12.02%	13.08%	11.61%	10.71%	7.88%	2.29%	0.92%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SGDM vs. FLNG - Drawdown Comparison

The maximum SGDM drawdown since its inception was -54.95%, smaller than the maximum FLNG drawdown of -71.92%. Use the drawdown chart below to compare losses from any high point for SGDM and FLNG.

Drawdown Indicators

	SGDM	FLNG	Difference
Max Drawdown Largest peak-to-trough decline	-54.95%	-71.92%	+16.97%
Max Drawdown (1Y) Largest decline over 1 year	-30.04%	-11.05%	-18.99%
Max Drawdown (5Y) Largest decline over 5 years	-45.06%	-31.05%	-14.01%
Max Drawdown (10Y) Largest decline over 10 years	-49.69%	—	—
Current Drawdown Current decline from peak	-17.00%	-7.19%	-9.81%
Average Drawdown Average peak-to-trough decline	-25.53%	-19.22%	-6.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.33%	4.25%	+4.08%

Volatility

SGDM vs. FLNG - Volatility Comparison

Sprott Gold Miners ETF (SGDM) has a higher volatility of 16.86% compared to FLEX LNG Ltd (FLNG) at 10.50%. This indicates that SGDM's price experiences larger fluctuations and is considered to be riskier than FLNG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SGDM	FLNG	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.86%	10.50%	+6.36%
Volatility (6M) Calculated over the trailing 6-month period	38.34%	18.31%	+20.03%
Volatility (1Y) Calculated over the trailing 1-year period	45.74%	28.18%	+17.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.29%	40.70%	-5.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.07%	47.80%	-10.73%