Sprott Gold Miners ETF
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As of December 20, 2024
NAV
$27.96
NAV Daily Change
+$0.23
+0.83%
NAV Since Inception Cumulative Change1
21.79%
Ticker
SGDM
Market Price2
$27.93
Premium/Discount3
-0.11%
Total Net Asset Value
$244 Million
Net Total Expense Ratio4
0.50%
Overview
Sprott Gold Miners Exchange Traded Fund (NYSE Arca: SGDM) seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Solactive Gold Miners Custom Factors Index (Index Ticker: SOLGMCFT). The Index aims to track the performance of larger-sized gold companies whose stocks are listed on Canadian and major U.S. exchanges.
The Index uses a transparent, rules-based methodology that is designed to emphasize larger-sized gold companies with the highest revenue growth, free cash flow yield and the lowest long-term debt to equity. The Index is reconstituted on a quarterly basis to reflect the companies with the highest factor scores.
Key Facts
Ticker
SGDM
Listing Exchange
NYSE Arca
Benchmark Index
SOLGMCFT
Index Rebalance Frequency
Quarterly
ISIN
Show ISIN
ISIN: US85210B1026
Copyright 2024, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
CUSIP
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CUSIP: 85210B 102
Copyright 2024, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
Inception Date
July 15, 2014
Adviser
Sprott Asset Management USA, Inc.
Sub-Adviser
ALPS Advisors, Inc.
Distributor
ALPS Distributors, Inc.
Fees & Expenses4
| Management Fee | 0.35% |
| Other Expenses | 0.15% |
| Total Annual Fund Operating Expenses | 0.50% |
| Fee Waiver/Expense Reimbursement 3 | 0.00% |
| Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursements | 0.50% |
ETF Fund Details
December 20, 2024
Total Net Assets
$244,102,273.89
Shares Outstanding
8,730,000
Number of Holdings
35
Median 30 Day Bid Ask Spread
(As of 12/19/2024)
0.30%
Performance
Month-End Performance
Average Annual Total Returns (%) As of 11/30/2024
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | 3 YR | S.I.1 |
| Sprott Gold Miners ETF (Net Asset Value) |
-5.06 | -2.26 | 19.22 | 18.44 | 4.72 | 2.46 |
| Sprott Gold Miners ETF (Market Price)2 |
-5.41 | -2.53 | 18.78 | 17.41 | 4.58 | 2.42 |
| Solactive Gold Miners Custom Factors Index TR (Benchmark)5 |
-5.02 | -2.14 | 20.02 | 19.30 | 5.61 | 3.33 |
| S&P 500 Total Return Index (S&P 500 Index)5 |
5.87 | 7.15 | 28.07 | 33.89 | 11.44 | 13.40 |
| MSCI All Country World Index5 | 3.74 | 3.77 | 20.34 | 26.12 | 7.68 | 8.89 |
Quarter-End Performance
Average Annual Total Returns (%) As of 9/30/2024
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | 3 YR | S.I.1 |
| Sprott Gold Miners ETF (Net Asset Value) |
1.08 | 15.80 | 23.29 | 36.90 | 8.96 | 2.84 |
| Sprott Gold Miners ETF (Market Price)2 |
1.51 | 16.18 | 23.70 | 37.24 | 9.13 | 2.86 |
| Solactive Gold Miners Custom Factors Index TR (Benchmark)5 |
1.14 | 16.03 | 24.05 | 38.01 | 9.89 | 3.72 |
Performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than actual data quoted. Call 888.622.1813 or visit www.sprottetfs.com for current month end performance. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.
* Returns less than one year are not annualized.
1 Inception Date: 7/14/2014.
2 Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
3 The Premium/Discount is the amount (stated in dollars or percent) by which the selling or purchase price of an ETF is greater than (premium) or less than (discount) its face amount/value or net asset value (NAV).
4 Reflects Total Annual Operating Expenses as outlined in the most recent prospectus. For the services the Adviser (Sprott Asset Management USA, Inc.) provides to the Fund, the Adviser is entitled to receive an annual advisory fee from the Fund calculated daily and paid monthly at an annual rate of 0.65% of net assets.
5 From July 22, 2019, forward Index data reflects the Fund’s current underlying Index, the Solactive Gold Miners Custom Factors Index (SOLGMCFT), which was created by Solactive AG ("Index Provider") to provide a means of generally tracking the performance of gold mining companies whose stocks are traded on Canadian and major U.S. exchanges. Index data prior to July 22, 2019, reflects the Fund’s former index, the Sprott Zacks Gold Miners Index (ZAXSGDM). Index data shown for periods that include dates prior to July 22, 2019, reflect a blend of the performance of the SOLGMCFT and ZAXSGDM Indices. An investor cannot invest directly in an Index. SGDM was reorganized from ALPS ETF Trust into Sprott ETF Trust on or about 7/19/19. SGDM is a continuation of the prior Fund and, therefore, the performance information shown includes the prior Fund's performance. The S&P 500 Index is a stock market index that tracks the stocks of 500 large-cap U.S. companies; it is included as a broader U.S. equities markets reference.
Market Price vs. Net Asset Value Since Inception
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: July 14, 2014.
Historical Premium/Discount: Market Price to Net Asset Value
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: July 14, 2014.
Frequency Distribution: Premium/Discount
Trading Days Each Quarter
Data updated as of December 21, 2024
| CY 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | |
| Days Traded at Premium | 86 | 21 | 13 | 16 | -- |
| Days Traded at Discount | 137 | 28 | 47 | 39 | -- |
Portfolio Characteristics
As of 11/30/2024
| Number of Companies | 34 |
| Market Cap (millions) | $292,873.84 |
| Largest Market Cap (millions) | $47,746.61 |
| Smallest Market Cap (millions) | $1,189.73 |
| Weighted Avg. Company Market Cap (millions) | $18,565.94 |
| Market Cap Breakdown | |
| Large (>$10B) | 47.77% |
| Medium ($2 -$10B) | 22.88% |
| Small (<$2B) | 29.36% |
| Industry Weightings | |
| Gold | 85.92% |
| Precious Metals | 14.08% |
Company Domicile Breakdown
As of 11/30/2024
Holdings
As of 12/20/2024
| Security | Market Value | Symbol | SEDOL | Quantity | Weight |
|---|---|---|---|---|---|
| Agnico Eagle Mines Ltd. | $34,324,298.26 | AEM CN | 2009823 | 438,802 | 14.06% |
| Wheaton Precious Metals Corp. | $25,006,355.74 | WPM CN | BF13KN5 | 437,596 | 10.24% |
| Newmont Corp. | $23,941,651.80 | NEM | 2636607 | 625,435 | 9.81% |
| Royal Gold Inc. | $12,694,956.13 | RGLD | 2755706 | 94,873 | 5.20% |
| Barrick Gold Corp. | $12,493,931.58 | ABX CN | 2024644 | 808,029 | 5.12% |
| Alamos Gold Inc. | $12,242,635.82 | AGI CN | BZ3DNP6 | 668,946 | 5.02% |
| Lundin Gold Inc. | $11,333,144.40 | LUG CN | BTKSSY6 | 522,164 | 4.64% |
| Triple Flag Precious Metals Corp. | $9,426,047.82 | TFPM CN | BJ171P4 | 619,657 | 3.86% |
| Franco-Nevada Corp. | $9,363,456.41 | FNV CN | B29NF31 | 80,612 | 3.84% |
| Torex Gold Resources Inc. | $9,041,759.30 | TXG CN | BD2NKY1 | 460,761 | 3.70% |
| OceanaGold Corp. | $8,830,566.65 | OGC CN | B1Z7L21 | 3,164,580 | 3.62% |
| Orla Mining Ltd. | $8,751,926.66 | OLA CN | BYZGJ92 | 1,585,997 | 3.59% |
| Dundee Precious Metals Inc. | $8,600,988.10 | DPM CN | B00VD03 | 951,505 | 3.52% |
| Centerra Gold Inc. | $8,281,850.83 | CG CN | B01NXQ4 | 1,454,943 | 3.39% |
| K92 Mining Inc. | $8,046,202.92 | KNT CN | BYZ2CB3 | 1,329,057 | 3.30% |
| SSR Mining Inc. | $8,047,815.68 | SSRM CN | BF7MPL9 | 1,164,664 | 3.30% |
| Wesdome Gold Mines Ltd. | $7,999,817.10 | WDO CN | B0Y90N5 | 907,351 | 3.28% |
| Fortuna Mining Corp. | $7,913,560.84 | FVI CN | BPLQGB4 | 1,834,223 | 3.24% |
| Gold Fields Ltd. | $1,984,077.62 | GFI | 2416326 | 143,878 | 0.81% |
| Kinross Gold Corp. | $1,336,548.07 | K CN | B03Z841 | 144,630 | 0.55% |
| Endeavour Mining PLC | $1,048,797.78 | EDV CN | BN7KJJ5 | 57,857 | 0.43% |
| IAMGOLD Corp. | $1,049,497.75 | IMG CN | 2446646 | 202,169 | 0.43% |
| Artemis Gold Inc. | $1,029,984.34 | ARTG CN | BKLTQ63 | 104,900 | 0.42% |
| Anglogold Ashanti PLC | $1,034,798.30 | AU | BRXH266 | 43,297 | 0.42% |
| B2Gold Corp. | $1,017,628.25 | BTO CN | B29VFC4 | 409,631 | 0.42% |
| Eldorado Gold Corp. | $1,029,210.19 | ELD CN | BHZJ5Y9 | 67,690 | 0.42% |
| Equinox Gold Corp. | $1,014,647.26 | EQX CN | BKLNP13 | 194,933 | 0.42% |
| Harmony Gold Mining Co. Ltd. | $1,016,042.61 | HMY | 2411202 | 120,527 | 0.42% |
| Osisko Gold Royalties Ltd. | $1,032,498.17 | OR CN | BN60CQ4 | 56,675 | 0.42% |
| Sandstorm Gold Ltd. | $1,031,639.76 | SSL CN | B7YC668 | 192,036 | 0.42% |
| Pan American Silver Corp. | $999,832.75 | PAAS CN | 2669272 | 48,623 | 0.41% |
| Coeur Mining Inc. | $966,607.32 | CDE | 2208136 | 164,389 | 0.40% |
| New Gold Inc. | $981,893.37 | NGD CN | 2826947 | 390,867 | 0.40% |
| Novagold Resources Inc. | $663,664.15 | NG CN | 2135450 | 199,941 | 0.27% |
| Seabridge Gold Inc. | $643,137.91 | SEA CN | 2246459 | 54,334 | 0.26% |
| Cash Equivalent | $-119,197.75 | $-119,197.75 | -0.05% |
35 total, excluding cash and cash equivalents. Subject to change.
Distributions
Ex-Date |
Record Date |
Payable Date |
Short-Term Capital Gains |
Long-Term Capital Gains |
Ordinary Income |
Total Distributions |
|---|---|---|---|---|---|---|
| 12/24/2014 | 12/29/2014 | 01/02/2015 | - | - | - | - |
| 12/23/2015 | 12/28/2015 | 12/31/2015 | - | - | $0.05 | $0.05 |
| 12/21/2016 | 12/23/2016 | 12/29/2016 | - | - | $0.19 | $0.19 |
| 12/21/2017 | 12/22/2017 | 12/28/2017 | - | - | - | - |
| 12/20/2018 | 12/21/2018 | 12/27/2018 | - | - | $0.12 | $0.12 |
| 12/19/2019 | 12/20/2019 | 12/27/2019 | - | - | $0.06 | $0.06 |
| 12/16/2020 | 12/17/2020 | 12/23/2020 | - | - | $0.09 | $0.09 |
| 12/15/2021 | 12/16/2021 | 12/22/2021 | - | - | $0.36 | $0.36 |
| 12/15/2022 | 12/16/2022 | 12/22/2022 | - | - | $0.35 | $0.35 |
| 12/14/2023 | 12/15/2023 | 12/21/2023 | - | - | $0.35 | $0.35 |
12/12/2024 |
12/12/2024 |
12/19/2024 |
- |
- |
$0.29 |
$0.29 |
Literature
Fact Sheet
Quarterly Investor Presentation
Index Rebalance
Commentary
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Contact Us
Investment Adviser
Sprott Asset Management USA, Inc.
320 Post Road, Suite 230
Darien, CT 06820
Telephone: 888.622.1813
Distributor and Sub-Adviser
ALPS
1290 Broadway, Suite 1100
Denver, CO 80203
Client Services
Financial Advisors and Investors
Telephone: 888.622.1813
Email: bullion@sprott.com
Standard Mail
Sprott ETFs
P.O. Box 1107
Denver, CO 80201
Overnight Mail
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1290 Broadway
Suite 1100
Denver, CO 80203