SGDM vs. LITP

Last updated Jun 26, 2026

SGDM (Sprott Gold Miners ETF) and LITP (Sprott Lithium Miners ETF) are both exchange-traded funds - SGDM is a Gold fund tracking the Solactive Gold Miners Custom Factors Index, while LITP is a Lithium & Battery Metals fund tracking the Nasdaq Sprott Lithium Miners Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, SGDM returned 36.05%/yr vs -6.50%/yr for LITP. At a 0.33 correlation, their price movements are largely independent. SGDM charges 0.50%/yr vs 0.65%/yr for LITP.

Performance

SGDM vs. LITP - Performance Comparison

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

Returns By Period

In the year-to-date period, SGDM achieves a -10.21% return, which is significantly lower than LITP's 5.64% return.

SGDM

• 1D: 1.63%
• 1M: -14.17%
• YTD: -10.21%
• 6M: -14.67%
• 1Y: 40.99%
• 3Y*: 36.05%
• 5Y*: 18.40%
• 10Y*: 10.39%

LITP

• 1D: -3.34%
• 1M: -19.74%
• YTD: 5.64%
• 6M: -0.19%
• 1Y: 150.66%
• 3Y*: -6.50%
• 5Y*: —
• 10Y*: —

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

SGDM vs. LITP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SGDM Sprott Gold Miners ETF	-10.21%	153.46%	12.14%	-10.49%
LITP Sprott Lithium Miners ETF	5.64%	94.65%	-43.85%	-36.71%

Correlation

The correlation between SGDM and LITP is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.35
Correlation (All Time) Calculated using the full available price history since Feb 2, 2023	0.33

SGDM vs. LITP - Sectors Allocation Comparison

Sectors	SGDM	LITP
Basic Materials	99.5%	100.0%
Financial Services	0.2%	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

SGDM vs. LITP — Risk / Return Rank

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

SGDM

SGDM Risk / Return Rank: 26
SGDM Sharpe Ratio Rank: 27
SGDM Sortino Ratio Rank: 26
SGDM Omega Ratio Rank: 28
SGDM Calmar Ratio Rank: 26
SGDM Martin Ratio Rank: 25

LITP

LITP Risk / Return Rank: 79
LITP Sharpe Ratio Rank: 88
LITP Sortino Ratio Rank: 74
LITP Omega Ratio Rank: 66
LITP Calmar Ratio Rank: 90
LITP Martin Ratio Rank: 78

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. LITP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Gold Miners ETF (SGDM) and Sprott Lithium Miners ETF (LITP). 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.

	SGDM	LITP	Difference
Sharpe ratio: Return per unit of total volatility	0.87	2.52	-1.64
Sortino ratio: Return per unit of downside risk	1.30	2.88	-1.58
Omega ratio: Gain probability vs. loss probability	1.18	1.34	-0.16
Calmar ratio: Return relative to maximum drawdown	1.15	4.87	-3.72
Martin ratio: Return relative to average drawdown	2.94	12.96	-10.02

SGDM vs. LITP - Sharpe Ratio Comparison

The current SGDM Sharpe Ratio is 0.87, which is lower than the LITP Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of SGDM and LITP, 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

SGDM vs. LITP - Drawdown Comparison

The maximum SGDM drawdown since its inception was -54.95%, smaller than the maximum LITP drawdown of -74.94%. Use the drawdown chart below to compare losses from any high point for SGDM and LITP.

Drawdown Indicators

	SGDM	LITP	Difference
Max Drawdown Largest peak-to-trough decline	-54.95%	-74.94%	+19.99%
Max Drawdown (1Y) Largest decline over 1 year	-35.96%	-31.12%	-4.84%
Max Drawdown (3Y) Largest decline over 3 years	-35.96%	-74.31%	+38.35%
Max Drawdown (5Y) Largest decline over 5 years	-45.06%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-49.69%	—	—
Current Drawdown Current decline from peak	-34.42%	-29.94%	-4.48%
Average Drawdown Average peak-to-trough decline	-25.47%	-42.38%	+16.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.96%	11.67%	+2.29%

Volatility

SGDM vs. LITP - Volatility Comparison

Sprott Gold Miners ETF (SGDM) and Sprott Lithium Miners ETF (LITP) have volatilities of 17.03% and 17.52%, 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

	SGDM	LITP	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.03%	17.52%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	39.57%	41.96%	-2.39%
Volatility (1Y) Calculated over the trailing 1-year period	47.14%	60.26%	-13.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.31%	47.77%	-11.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.03%	47.77%	-10.74%

SGDM vs. LITP - Expense Ratio Comparison

SGDM has a 0.50% expense ratio, which is lower than LITP's 0.65% expense ratio.

Dividends

SGDM vs. LITP - Dividend Comparison

SGDM's dividend yield for the trailing twelve months is around 1.16%, less than LITP's 7.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LITP Sprott Lithium Miners ETF	7.01%	7.41%	6.55%	2.80%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SGDM Sprott Gold Miners ETF	1.16%	1.04%	1.04%	1.39%	1.42%	1.33%	0.30%	0.25%	0.50%	0.58%	0.02%	1.47%

Frequently Asked Questions

Can I hold both SGDM and LITP in my portfolio?

SGDM and LITP have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SGDM or LITP?

LITP has higher volatility (17.52%) compared to SGDM (17.03%). In terms of maximum drawdown, SGDM dropped -54.95% vs LITP's -74.94%.

Which ETF is better, SGDM or LITP?

On 3-year performance, SGDM leads with 36.05% vs -6.50% for LITP. On fees, SGDM is cheaper at 0.50% per year. On volatility, SGDM has been the lower-risk option at 17.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SGDM or LITP?

Over the 3-year period, SGDM has performed better with a 36.05% return vs -6.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SGDM or LITP?

SGDM is cheaper with a 0.50% expense ratio, compared with 0.65% for LITP.

Which ETF pays a higher dividend yield, SGDM or LITP?

LITP has the higher dividend yield at 7.01%, compared with 1.16% for SGDM.

What is the main difference between SGDM and LITP?

SGDM is categorized as Gold, while LITP is Lithium & Battery Metals. SGDM tracks Solactive Gold Miners Custom Factors Index, while LITP tracks Nasdaq Sprott Lithium Miners Index - Benchmark TR Gross. Their fees differ too: 0.50% for SGDM and 0.65% for LITP.

Which has better risk-adjusted returns?

LITP currently has the higher Sharpe Ratio (2.52 vs 0.87), 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.