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SGDM vs. RING
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SGDM and RING is 0.96, 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.


-0.50.00.51.01.0

Performance

SGDM vs. RING - Performance Comparison

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

20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
24.70%
50.09%
SGDM
RING

Key characteristics

Sharpe Ratio

SGDM:

0.44

RING:

0.58

Sortino Ratio

SGDM:

0.79

RING:

0.97

Omega Ratio

SGDM:

1.10

RING:

1.12

Calmar Ratio

SGDM:

0.30

RING:

0.34

Martin Ratio

SGDM:

1.52

RING:

1.99

Ulcer Index

SGDM:

8.61%

RING:

9.30%

Daily Std Dev

SGDM:

29.99%

RING:

32.08%

Max Drawdown

SGDM:

-54.95%

RING:

-79.48%

Current Drawdown

SGDM:

-23.48%

RING:

-35.23%

Returns By Period

In the year-to-date period, SGDM achieves a 12.99% return, which is significantly lower than RING's 17.79% return. Over the past 10 years, SGDM has underperformed RING with an annualized return of 6.09%, while RING has yielded a comparatively higher 8.93% annualized return.


SGDM

YTD

12.99%

1M

-6.08%

6M

6.01%

1Y

9.94%

5Y*

4.49%

10Y*

6.09%

RING

YTD

17.79%

1M

-6.93%

6M

5.03%

1Y

16.75%

5Y*

7.06%

10Y*

8.93%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SGDM vs. RING - Expense Ratio Comparison

SGDM has a 0.50% expense ratio, which is higher than RING's 0.39% expense ratio.


SGDM
Sprott Gold Miners ETF
Expense ratio chart for SGDM: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
Expense ratio chart for RING: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Risk-Adjusted Performance

SGDM vs. RING - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Gold Miners ETF (SGDM) and iShares MSCI Global Gold Miners ETF (RING). 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.


Sharpe ratio
The chart of Sharpe ratio for SGDM, currently valued at 0.44, compared to the broader market0.002.004.000.440.58
The chart of Sortino ratio for SGDM, currently valued at 0.79, compared to the broader market-2.000.002.004.006.008.0010.000.790.97
The chart of Omega ratio for SGDM, currently valued at 1.10, compared to the broader market0.501.001.502.002.503.001.101.12
The chart of Calmar ratio for SGDM, currently valued at 0.30, compared to the broader market0.005.0010.0015.000.300.45
The chart of Martin ratio for SGDM, currently valued at 1.52, compared to the broader market0.0020.0040.0060.0080.00100.001.521.99
SGDM
RING

The current SGDM Sharpe Ratio is 0.44, which is comparable to the RING Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of SGDM and RING, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.44
0.58
SGDM
RING

Dividends

SGDM vs. RING - Dividend Comparison

SGDM's dividend yield for the trailing twelve months is around 1.04%, less than RING's 1.41% yield.


TTM20232022202120202019201820172016201520142013
SGDM
Sprott Gold Miners ETF
1.04%1.39%1.42%1.33%0.30%0.25%0.50%0.57%0.02%1.47%0.26%0.00%
RING
iShares MSCI Global Gold Miners ETF
1.41%2.01%2.29%2.38%0.82%0.83%0.70%0.42%1.42%0.97%0.85%1.48%

Drawdowns

SGDM vs. RING - Drawdown Comparison

The maximum SGDM drawdown since its inception was -54.95%, smaller than the maximum RING drawdown of -79.48%. Use the drawdown chart below to compare losses from any high point for SGDM and RING. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-23.48%
-21.11%
SGDM
RING

Volatility

SGDM vs. RING - Volatility Comparison

Sprott Gold Miners ETF (SGDM) and iShares MSCI Global Gold Miners ETF (RING) have volatilities of 9.07% and 9.35%, 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.


6.00%7.00%8.00%9.00%10.00%11.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
9.07%
9.35%
SGDM
RING
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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