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SGDM - ETF AI Analysis
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Sprott Gold Miners ETF (SGDM)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the year to date and in recent months, indicating positive momentum in its holdings.
Leading Gold Miner Holdings
Many of the top positions, including several well-known gold mining companies, have delivered solid performance, helping support the fund’s returns.
Growing Asset Base
The fund manages a sizable pool of assets, which suggests it has attracted meaningful investor interest and offers reasonable liquidity.
Negative Factors
Single-Sector Concentration
The ETF is invested entirely in the materials sector, specifically gold miners, which makes it highly sensitive to movements in gold prices and mining industry conditions.
Geographic Concentration in North America
Holdings are focused mainly in the U.S. and Canada, limiting diversification across other global markets.
Moderately High Expense Ratio
The fund’s expense ratio is higher than many broad-market ETFs, which means a larger share of returns goes toward fees each year.
SGDM vs. SPDR S&P 500 ETF (SPY)
AUM789.30M
RegionGlobal
Expense Ratio0.50%
Beta0.68
IssuerSprott
Inception DateJul 15, 2014
Dividend Yield0.92%
Asset ClassEquity
Index TrackedSolactive Gold Miners Custom Factors Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume68,438
30 Day Avg. Volume81,187
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
103.01Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering40
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SGDM Summary
The Sprott Gold Miners ETF (SGDM) is a fund that invests in gold mining companies and follows the Solactive Gold Miners Custom Factors Index. It mainly holds U.S. and Canadian miners, including well-known names like Newmont Mining and Agnico Eagle. Investors might consider SGDM if they want targeted exposure to gold through mining stocks, which can help diversify a stock portfolio and may benefit when gold prices rise or during times of economic stress. A key risk is that it is heavily tied to gold mining, so its price can swing sharply with gold prices and the materials sector.
How much will it cost me?The Sprott Gold Miners ETF (SGDM) has an expense ratio of 0.50%, meaning you’ll pay $5 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, focusing on a specialized niche like gold miners, which requires more research and expertise.
What would affect this ETF?The Sprott Gold Miners ETF (SGDM) could benefit from rising gold prices, which often occur during periods of economic uncertainty or inflation, as gold is seen as a safe-haven asset. However, the ETF may face challenges if interest rates increase, as higher rates can make gold less attractive compared to interest-bearing investments. Additionally, regulatory changes or operational risks in the gold mining sector could impact the performance of its top holdings, such as Agnico Eagle and Newmont Mining.
SGDM Top 10 Holdings
SGDM is a pure play on global gold miners, and its story right now is all about a strong tailwind from its biggest names. Agnico Eagle, Newmont, and Wheaton Precious Metals are doing the heavy lifting, with rising share prices and upbeat earnings keeping the fund’s engine humming. Anglogold Ashanti and Franco-Nevada add more fuel, also trending higher. On the flip side, Kinross Gold and Barrick are more mixed lately, occasionally losing steam and tempering gains. Overall, it’s a concentrated bet on the materials sector, tightly tied to the fortunes of gold itself.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Agnico Eagle | 11.08% | $82.78M | $104.18B | 100.33% | 80 Outperform | |
| Wheaton Precious Metals | 7.82% | $58.38M | $63.65B | 89.47% | 79 Outperform | |
| Newmont Mining | 7.59% | $56.66M | $119.21B | 136.98% | 81 Outperform | |
| Franco-Nevada | 6.46% | $48.27M | $48.60B | 64.24% | 74 Outperform | |
| Anglogold Ashanti PLC | 6.25% | $46.65M | $47.91B | 194.42% | 73 Outperform | |
| Kinross Gold | 5.27% | $39.40M | $36.74B | 162.85% | 81 Outperform | |
| Royal Gold | 4.35% | $32.52M | $21.98B | 68.04% | 78 Outperform | |
| Barrick Mining | 3.93% | $29.33M | $71.01B | 125.45% | 80 Outperform | |
| G Mining Ventures | 3.51% | $26.20M | C$11.02B | 200.90% | 53 Neutral | |
| Lundin Gold | 3.43% | $25.62M | C$25.20B | 145.01% | 78 Outperform |
SGDM Technical Analysis
Neutral
―
Price Trends
82.51
Negative
73.23
Positive
61.93
Positive
Market Momentum
-0.03
Positive
38.58
Neutral
15.09
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SGDM, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 86.89, equal to the 50-day MA of 82.51, and equal to the 200-day MA of 61.93, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 38.58 is Neutral, neither overbought nor oversold. The STOCH value of 15.09 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SGDM.
SGDM Peer Comparison
Comparison Results
Performance Comparison
SGDM
Sprott Gold Miners ETF
78.86
42.27
115.52%
SGDJ
Sprott Junior Gold Miners ETF
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―
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MXI
iShares Global Materials ETF
―
―
―
COPP
Sprott Copper Miners ETF
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―
―
GOAU
U.S. Global GO GOLD and Precious Metal Miners ETF
―
―
―
GOEX
Global X Gold Explorers ETF
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―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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