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SGDM - ETF AI Analysis
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Sprott Gold Miners ETF (SGDM)
Rating:74Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as Kinross Gold and Lundin Gold, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Focused Sector Exposure
The ETF's heavy allocation to the materials sector aligns well with its gold mining theme, benefiting from sector-specific trends.
Reasonable Expense Ratio
The fund's expense ratio is competitive for a specialized ETF, helping investors retain more of their returns.
Negative Factors
Sector Concentration Risk
With over 96% exposure to the materials sector, the ETF is highly sensitive to fluctuations in commodity prices and gold market dynamics.
Geographic Overweight in North America
The ETF is heavily concentrated in U.S. and Canadian companies, limiting diversification across global markets.
Mixed Performance in Holdings
Some holdings, like Royal Gold and Wheaton Precious Metals, have shown weaker year-to-date performance, which could drag on overall returns.
SGDM vs. SPDR S&P 500 ETF (SPY)
AUM742.07M
RegionGlobal
Expense Ratio0.50%
Beta0.60
IssuerSprott
Inception DateJul 15, 2014
Dividend Yield0.93%
Asset ClassEquity
Index TrackedSolactive Gold Miners Custom Factors Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume56,313
30 Day Avg. Volume71,000
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
79.22Price 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 an investment fund that focuses on companies involved in gold mining, offering exposure to the materials sector. It tracks the Solactive Gold Miners Custom Factors Index and includes well-known companies like Agnico Eagle and Newmont Mining. This ETF is a good choice for investors looking to diversify their portfolios or hedge against economic uncertainty, as gold is often considered a safe-haven asset. However, new investors should be aware that the ETF’s performance is closely tied to gold prices, which can be volatile and influenced by global economic conditions.
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
The Sprott Gold Miners ETF (SGDM) is a pure play on the gold mining sector, with a global mix of companies driving its performance. Heavyweights like Newmont Mining and Barrick Mining are rising steadily, buoyed by strong earnings and strategic initiatives, while Lundin Gold shines with impressive revenue growth and operational efficiency. However, Franco-Nevada has been lagging slightly, weighed down by valuation concerns despite its solid fundamentals. With its concentrated focus on materials and gold miners, SGDM offers a targeted approach for investors seeking exposure to the precious metals market.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Agnico Eagle | 10.48% | $78.11M | C$137.43B | 133.91% | 80 Outperform | |
| Newmont Mining | 7.87% | $58.63M | $124.57B | 175.92% | 81 Outperform | |
| Wheaton Precious Metals | 7.41% | $55.25M | $60.45B | 129.00% | 79 Outperform | |
| Anglogold Ashanti PLC | 6.53% | $48.64M | $50.24B | 266.11% | 73 Outperform | |
| Franco-Nevada | 6.07% | $45.26M | C$63.55B | 86.76% | 74 Outperform | |
| Kinross Gold | 5.72% | $42.59M | $40.17B | 212.29% | 81 Outperform | |
| Barrick Mining | 4.61% | $34.36M | C$117.01B | 215.34% | 80 Outperform | |
| Royal Gold | 4.25% | $31.67M | $21.45B | 85.82% | 78 Outperform | |
| Lundin Gold | 3.92% | $29.22M | C$29.25B | 267.69% | 78 Outperform | |
| Harmony Gold Mining | 3.34% | $24.87M | $13.98B | 127.02% | 77 Outperform |
SGDM Technical Analysis
Positive
―
Price Trends
67.03
Positive
62.68
Positive
53.01
Positive
Market Momentum
2.80
Negative
73.27
Negative
91.09
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SGDM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 72.74, equal to the 50-day MA of 67.03, and equal to the 200-day MA of 53.01, indicating a bullish trend. The MACD of 2.80 indicates Negative momentum. The RSI at 73.27 is Negative, neither overbought nor oversold. The STOCH value of 91.09 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SGDM.
SGDM Peer Comparison
Comparison Results
Performance Comparison
SGDM
Sprott Gold Miners ETF
78.51
49.55
171.10%
SLVP
iShares MSCI Global Silver Miners ETF
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―
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SGDJ
Sprott Junior Gold Miners ETF
―
―
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MXI
iShares Global Materials ETF
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―
―
GOAU
U.S. Global GO GOLD and Precious Metal Miners ETF
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―
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GOEX
Global X Gold Explorers ETF
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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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