Correlation
The correlation between SGDM and SGDJ is 0.15, 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.
SGDM vs. SGDJ
Compare and contrast key facts about Sprott Gold Miners ETF (SGDM) and Sprott Junior Gold Miners ETF (SGDJ).
SGDM and SGDJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SGDJ is a passively managed fund by Sprott that tracks the performance of the Solactive Junior Gold Miners Custom Factors Index. It was launched on Mar 31, 2015. Both SGDM and SGDJ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SGDM or SGDJ.
Performance
SGDM vs. SGDJ - Performance Comparison
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Key characteristics
SGDM:
1.92
SGDJ:
1.52
SGDM:
2.45
SGDJ:
2.14
SGDM:
1.33
SGDJ:
1.27
SGDM:
2.19
SGDJ:
1.63
SGDM:
8.49
SGDJ:
7.86
SGDM:
7.65%
SGDJ:
7.79%
SGDM:
33.80%
SGDJ:
39.38%
SGDM:
-54.95%
SGDJ:
-59.27%
SGDM:
0.00%
SGDJ:
0.00%
Returns By Period
In the year-to-date period, SGDM achieves a 63.33% return, which is significantly higher than SGDJ's 56.94% return. Over the past 10 years, SGDM has outperformed SGDJ with an annualized return of 11.26%, while SGDJ has yielded a comparatively lower 9.21% annualized return.
SGDM
63.33%
13.95%
56.30%
64.26%
17.98%
11.29%
11.26%
SGDJ
56.94%
18.63%
46.55%
59.40%
17.88%
12.56%
9.21%
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SGDM vs. SGDJ - Expense Ratio Comparison
Both SGDM and SGDJ have an expense ratio of 0.50%.
Risk-Adjusted Performance
SGDM vs. SGDJ — Risk-Adjusted Performance Rank
SGDM
SGDJ
SGDM vs. SGDJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Gold Miners ETF (SGDM) and Sprott Junior Gold Miners ETF (SGDJ). 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.
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Dividends
SGDM vs. SGDJ - Dividend Comparison
SGDM's dividend yield for the trailing twelve months is around 0.64%, less than SGDJ's 4.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SGDM Sprott Gold Miners ETF | 0.64% | 1.04% | 1.39% | 1.42% | 1.33% | 0.30% | 0.25% | 0.50% | 0.57% | 0.02% | 1.47% | 0.26% |
SGDJ Sprott Junior Gold Miners ETF | 4.18% | 6.55% | 4.55% | 2.45% | 2.20% | 1.97% | 0.65% | 0.00% | 0.14% | 1.77% | 0.85% | 0.00% |
Drawdowns
SGDM vs. SGDJ - Drawdown Comparison
The maximum SGDM drawdown since its inception was -54.95%, smaller than the maximum SGDJ drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for SGDM and SGDJ.
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Volatility
SGDM vs. SGDJ - Volatility Comparison
The current volatility for Sprott Gold Miners ETF (SGDM) is 14.10%, while Sprott Junior Gold Miners ETF (SGDJ) has a volatility of 15.07%. This indicates that SGDM experiences smaller price fluctuations and is considered to be less risky than SGDJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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