SGDM - ETF AI Analysis
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Sprott Gold Miners ETF (SGDM)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, showing positive momentum for investors in the recent period.
Leading Gold Miners Driving Returns
Several of the largest holdings, including major gold mining and royalty companies, have shown strong performance, helping support the fund’s overall results.
Focused North American Exposure
With all holdings based in the U.S. and Canada, the fund concentrates on politically stable, well-regulated markets for gold miners.
Negative Factors
Highly Concentrated in One Sector
Almost the entire portfolio is in the materials sector, meaning the fund’s performance is heavily tied to gold mining and commodity price swings.
Mixed Performance Among Top Holdings
A few significant positions have recently shown weak or negative returns, which can drag on the ETF’s overall performance.
Moderately High Expense Ratio
The fund’s fees are higher than many broad-market ETFs, which can slightly reduce long-term returns for buy-and-hold investors.
SGDM vs. SPDR S&P 500 ETF (SPY)
AUM580.51M
RegionGlobal
Expense Ratio0.46%
Beta0.87
IssuerSprott
Inception DateJul 15, 2014
Dividend Yield1.01%
Asset ClassEquity
Index TrackedSolactive Gold Miners Custom Factors Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume53,860
30 Day Avg. Volume69,919
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
100.49Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering41
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 Barrick Mining. Investors might consider SGDM if they want targeted exposure to gold through the companies that produce it, which can help diversify a stock portfolio and may act as a partial hedge during economic stress. A key risk is that it is heavily concentrated in gold mining stocks, 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 essentially a pure play on global gold miners, with the fund’s fate tied closely to a handful of heavyweight names. Agnico Eagle, Barrick, and Newmont are the core engines here, but they’ve been losing a bit of altitude lately, keeping overall momentum in check. On the brighter side, royalty and streaming players like Wheaton Precious Metals and Franco-Nevada have been steadier climbers, helping cushion the bumps. With nearly all its chips on the materials sector and gold-focused companies worldwide, this ETF lives and dies by the gold cycle.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Agnico Eagle | 10.49% | $62.71M | $81.24B | 38.54% | 80 Outperform | |
| Barrick Mining | 9.52% | $56.88M | $67.34B | 95.38% | 80 Outperform | |
| Newmont Mining | 8.46% | $50.55M | $107.00B | 82.04% | 81 Outperform | |
| Wheaton Precious Metals | 7.74% | $46.25M | $52.67B | 34.88% | 79 Outperform | |
| Franco-Nevada | 6.55% | $39.17M | $40.42B | 29.49% | 74 Outperform | |
| Kinross Gold | 5.50% | $32.84M | $30.51B | 75.48% | 81 Outperform | |
| Endeavour Mining | 3.76% | $22.48M | $12.49B | 81.05% | ― | |
| Coeur Mining | 3.76% | $22.48M | $17.79B | 104.16% | 69 Neutral | |
| Wesdome Gold Mines | 3.44% | $20.57M | C$3.74B | 38.28% | 81 Outperform | |
| Lundin Gold | 3.32% | $19.86M | C$18.58B | 0.98% | 78 Outperform |
SGDM Technical Analysis
Positive
―
Price Trends
74.06
Negative
77.75
Negative
70.98
Positive
Market Momentum
-1.80
Negative
53.03
Neutral
74.23
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 69.48, equal to the 50-day MA of 74.06, and equal to the 200-day MA of 70.98, indicating a neutral trend. The MACD of -1.80 indicates Negative momentum. The RSI at 53.03 is Neutral, neither overbought nor oversold. The STOCH value of 74.23 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
72.16
26.50
58.04%
SLVP
iShares MSCI Global Silver Miners ETF
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MXI
iShares Global Materials ETF
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COPP
Sprott Copper Miners ETF
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SLX
VanEck Steel ETF
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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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