SGDM vs. GOLD
Compare and contrast key facts about Sprott Gold Miners ETF (SGDM) and Barrick Gold Corporation (GOLD).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGDM or GOLD.
Key characteristics
| SGDM | GOLD | |
|---|---|---|
| YTD Return | 12.14% | -5.19% |
| 1Y Return | 22.54% | 10.51% |
| 3Y Return (Ann) | -0.94% | -4.10% |
| 5Y Return (Ann) | 5.09% | 3.01% |
| 10Y Return (Ann) | 4.97% | 4.95% |
| Sharpe Ratio | 0.71 | 0.29 |
| Sortino Ratio | 1.16 | 0.63 |
| Omega Ratio | 1.14 | 1.08 |
| Calmar Ratio | 0.49 | 0.14 |
| Martin Ratio | 2.83 | 1.01 |
| Ulcer Index | 7.59% | 9.74% |
| Daily Std Dev | 30.36% | 33.68% |
| Max Drawdown | -54.95% | -88.52% |
| Current Drawdown | -24.06% | -61.55% |
Correlation
The correlation between SGDM and GOLD is 0.88, 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
SGDM vs. GOLD - Performance Comparison
In the year-to-date period, SGDM achieves a 12.14% return, which is significantly higher than GOLD's -5.19% return. Both investments have delivered pretty close results over the past 10 years, with SGDM having a 4.97% annualized return and GOLD not far behind at 4.95%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SGDM vs. GOLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Gold Miners ETF (SGDM) and Barrick Gold Corporation (GOLD). 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
SGDM vs. GOLD - Dividend Comparison
SGDM's dividend yield for the trailing twelve months is around 1.24%, less than GOLD's 2.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SGDM Sprott Gold Miners ETF | 1.24% | 1.39% | 1.42% | 1.33% | 0.30% | 0.25% | 0.50% | 0.57% | 0.02% | 1.47% | 0.26% | 0.00% |
GOLD Barrick Gold Corporation | 2.37% | 2.21% | 3.78% | 4.11% | 1.36% | 0.70% | 1.40% | 0.83% | 0.50% | 1.89% | 1.86% | 2.83% |
Drawdowns
SGDM vs. GOLD - Drawdown Comparison
The maximum SGDM drawdown since its inception was -54.95%, smaller than the maximum GOLD drawdown of -88.52%. Use the drawdown chart below to compare losses from any high point for SGDM and GOLD. For additional features, visit the drawdowns tool.
Volatility
SGDM vs. GOLD - Volatility Comparison
The current volatility for Sprott Gold Miners ETF (SGDM) is 8.94%, while Barrick Gold Corporation (GOLD) has a volatility of 9.72%. This indicates that SGDM experiences smaller price fluctuations and is considered to be less risky than GOLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.