SII vs. SETM

Last updated Jun 3, 2026

SII (Sprott Inc) is a stock, while SETM (Sprott Energy Transition Materials ETF) is Energy Equities fund tracking the Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. Over the past 3 years, SII returned 60.44%/yr vs 32.73%/yr for SETM. A 0.58 correlation means they provide meaningful diversification when combined.

Performance

SII vs. SETM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sprott Inc (SII) and Sprott Energy Transition Materials ETF (SETM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SII achieves a 36.92% return, which is significantly higher than SETM's 32.64% return.

SII

• 1D: 0.65%
• 1M: 1.99%
• YTD: 36.92%
• 6M: 49.60%
• 1Y: 128.13%
• 3Y*: 60.44%
• 5Y*: 27.05%
• 10Y*: —

SETM

• 1D: 3.36%
• 1M: 3.81%
• YTD: 32.64%
• 6M: 40.31%
• 1Y: 158.67%
• 3Y*: 32.73%
• 5Y*: —
• 10Y*: —

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

SII vs. SETM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SII Sprott Inc	36.92%	137.17%	27.39%	-12.53%
SETM Sprott Energy Transition Materials ETF	32.64%	95.27%	-13.24%	-11.03%

Correlation

The correlation between SII and SETM is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (All Time) Calculated using the full available price history since Feb 3, 2023	0.58

The correlation between SII and SETM has been stable across timeframes, ranging from 0.58 to 0.62 - a consistent structural relationship.

Return for Risk

SII vs. SETM — Risk / Return Rank

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

SII

SII Risk / Return Rank: 91
SII Sharpe Ratio Rank: 93
SII Sortino Ratio Rank: 90
SII Omega Ratio Rank: 90
SII Calmar Ratio Rank: 92
SII Martin Ratio Rank: 90

SETM

SETM Risk / Return Rank: 86
SETM Sharpe Ratio Rank: 93
SETM Sortino Ratio Rank: 77
SETM Omega Ratio Rank: 79
SETM Calmar Ratio Rank: 92
SETM Martin Ratio Rank: 88

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.

SII vs. SETM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sprott Inc (SII) and Sprott Energy Transition Materials ETF (SETM). 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.

	SII	SETM	Difference
Sharpe ratio Return per unit of total volatility	2.81	3.59	-0.77
Sortino ratio Return per unit of downside risk	3.30	3.51	-0.21
Omega ratio Gain probability vs. loss probability	1.44	1.48	-0.04
Calmar ratio Return relative to maximum drawdown	5.37	6.22	-0.85
Martin ratio Return relative to average drawdown	12.72	19.37	-6.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SII vs. SETM - Sharpe Ratio Comparison

The current SII Sharpe Ratio is 2.81, which is comparable to the SETM Sharpe Ratio of 3.59. The chart below compares the historical Sharpe Ratios of SII and SETM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SII	SETM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.81	3.59	-0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.73	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.64	+0.16

Drawdowns

SII vs. SETM - Drawdown Comparison

The maximum SII drawdown since its inception was -47.81%, which is greater than SETM's maximum drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for SII and SETM.

Drawdown Indicators

	SII	SETM	Difference
Max Drawdown Largest peak-to-trough decline	-47.81%	-42.81%	-5.00%
Max Drawdown (1Y) Largest decline over 1 year	-24.87%	-25.85%	+0.98%
Max Drawdown (3Y) Largest decline over 3 years	-24.87%	-42.81%	+17.94%
Max Drawdown (5Y) Largest decline over 5 years	-47.81%	—	—
Current Drawdown Current decline from peak	-19.63%	-3.35%	-16.28%
Average Drawdown Average peak-to-trough decline	-21.06%	-14.27%	-6.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.49%	8.30%	+2.19%

Volatility

SII vs. SETM - Volatility Comparison

Sprott Inc (SII) has a higher volatility of 22.55% compared to Sprott Energy Transition Materials ETF (SETM) at 13.18%. This indicates that SII's price experiences larger fluctuations and is considered to be riskier than SETM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SII	SETM	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.55%	13.18%	+9.37%
Volatility (6M) Calculated over the trailing 6-month period	39.20%	34.24%	+4.96%
Volatility (1Y) Calculated over the trailing 1-year period	45.83%	44.49%	+1.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.45%	36.52%	+0.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.40%	36.52%	+0.88%

Dividends

SII vs. SETM - Dividend Comparison

SII's dividend yield for the trailing twelve months is around 1.13%, less than SETM's 1.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
SETM Sprott Energy Transition Materials ETF	1.18%	1.56%	2.07%	2.47%	0.00%	0.00%	0.00%
SII Sprott Inc	1.13%	1.33%	2.49%	2.95%	3.00%	2.22%	1.66%

Frequently Asked Questions

Can I hold both SII and SETM in my portfolio?

SII and SETM have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SII or SETM?

SII has higher volatility (22.55%) compared to SETM (13.18%). In terms of maximum drawdown, SII dropped -47.81% vs SETM's -42.81%.

Which has better risk-adjusted returns?

SETM currently has the higher Sharpe Ratio (3.59 vs 2.81), 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.