SGDM - ETF AI Analysis
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Sprott Gold Miners ETF (SGDM)
Rating:70Neutral
Price Target:―
Positive Factors
Focused Gold Miner Exposure
The fund is tightly focused on gold mining companies, giving investors direct exposure to movements in the gold mining industry.
North American Geographic Focus
Holdings are concentrated in the USA and Canada, which are established markets with well-known gold mining companies.
Moderate Expense Ratio
The ETF’s fee is not extremely high for a specialized sector fund, helping investors keep more of any future gains.
Negative Factors
Weak Recent Performance
The fund’s returns over the past month, three months, and year to date have been negative, showing recent weakness in its holdings.
Underperforming Top Holdings
Most of the largest positions have delivered weak or lagging performance so far this year, which has weighed on the overall fund.
Sector Concentration Risk
With nearly all assets in the materials sector and gold miners specifically, the ETF is highly sensitive to downturns in the gold mining industry.
SGDM vs. SPDR S&P 500 ETF (SPY)
AUM712.62M
RegionGlobal
Expense Ratio0.46%
Beta0.84
IssuerSprott
Inception DateJul 15, 2014
Dividend Yield0.91%
Asset ClassEquity
Index TrackedSolactive Gold Miners Custom Factors Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume31,401
30 Day Avg. Volume41,892
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
94.73Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering48
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, mainly in the U.S. and Canada. It follows the Solactive Gold Miners Custom Factors Index, which focuses on selected gold miners rather than the whole market. Well-known holdings include Newmont Mining and Barrick Mining. Someone might invest in SGDM to gain growth potential from gold-related companies and to diversify a stock portfolio, especially during times of economic stress when gold can act as a safe haven. A key risk is that it is heavily tied to gold prices, so the ETF’s value can rise and fall sharply with the gold market.
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 essentially a pure play on global gold miners, with performance powered by heavyweights like Agnico Eagle, Newmont, and Wheaton Precious Metals, all riding a rising trend as gold sentiment improves. Franco-Nevada adds steady royalty-style exposure, helping smooth out some of the sector’s bumps. On the weaker side, Lundin Gold has been lagging, and Discovery Silver’s mixed fundamentals can act like a small anchor on an otherwise buoyant portfolio. Overall, the fund is highly concentrated in materials, with diversified exposure across North American and global mining names.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Agnico Eagle | 9.51% | $67.76M | $99.58B | 30.44% | 80 Outperform | |
| Newmont Mining | 7.43% | $52.97M | $128.30B | 58.82% | 81 Outperform | |
| Wheaton Precious Metals | 7.33% | $52.23M | $66.63B | 45.26% | 79 Outperform | |
| Barrick Mining | 7.27% | $51.82M | $69.99B | 45.29% | 80 Outperform | |
| Franco-Nevada | 5.89% | $41.95M | C$69.98B | 31.65% | 74 Outperform | |
| Kinross Gold | 4.38% | $31.24M | $32.99B | 27.99% | 81 Outperform | |
| Coeur Mining | 3.64% | $25.96M | $19.51B | 22.73% | 69 Neutral | |
| Discovery Silver | 3.36% | $23.92M | $6.50B | 164.95% | 48 Neutral | |
| Endeavour Mining | 3.20% | $22.81M | $14.34B | 72.22% | ― | |
| Lundin Gold | 3.20% | $22.77M | C$21.83B | 6.62% | 78 Outperform |
SGDM Technical Analysis
Positive
―
Price Trends
73.20
Positive
71.33
Positive
74.66
Positive
Market Momentum
1.23
Positive
52.94
Neutral
39.01
Neutral
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 82.28, equal to the 50-day MA of 73.20, and equal to the 200-day MA of 74.66, indicating a neutral trend. The MACD of 1.23 indicates Positive momentum. The RSI at 52.94 is Neutral, neither overbought nor oversold. The STOCH value of 39.01 is Neutral, 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
80.18
20.51
34.37%
SLVP
iShares MSCI Global Silver Miners ETF
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MXI
iShares Global Materials ETF
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―
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COPP
Sprott Copper Miners 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.
DisclaimerThis 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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