GBUG - ETF AI Analysis
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Sprott Active Gold & Silver Miners ETF (GBUG)
GBUG, the Sprott Active Gold & Silver Miners ETF, earns a solid overall rating largely because several core holdings like Wesdome Gold Mines, Eldorado Gold, Northern Star Resources, and Newmont Mining show strong financial performance, positive earnings calls, and supportive technical trends, giving the fund a strong backbone of quality miners. However, weaker names such as G Mining Ventures, Discovery Silver, and Marathon Gold face ongoing losses, cash flow issues, and operational challenges that weigh on the ETF’s rating. The main risk factor is the fund’s concentrated exposure to gold and silver mining companies, which makes it sensitive to commodity price swings and sector-specific operational risks.
GBUG vs. SPDR S&P 500 ETF (SPY)
- AUM
- 153.61M
- Region
- Global
- Expense Ratio
- 0.90%
- Beta
- 1.06
- Issuer
- Sprott
- Inception Date
- Feb 19, 2025
- Dividend Yield
- 1.72%
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
GBUG Summary
GBUG is the Sprott Active Gold & Silver Miners ETF, which focuses on companies that explore and mine gold and silver around the world, mainly in Canada, Australia, and the U.S. It does not track a fixed index; instead, managers actively pick mining stocks they believe are undervalued. Well-known names in the fund include Newmont Mining and IAMGOLD. Someone might invest in GBUG to seek growth and diversification when they want more exposure to precious metals. A key risk is that it is heavily tied to gold and silver prices, so its value can rise and fall sharply.
How much will it cost me?
This ETF has an expense ratio of 0.90%, which means you’ll pay about $9 per year for every $1,000 you invest. That’s higher than the average ETF because it’s actively managed, with professionals selecting gold and silver mining stocks rather than simply tracking a passive index.
What would affect this ETF?
This global gold and silver miners ETF could benefit if precious metal prices rise, economic or geopolitical uncertainty increases, or if its active managers successfully pick undervalued mining companies across regions like Canada and Australia. On the downside, falling gold and silver prices, higher interest rates, stricter mining regulations, or operational problems at key holdings such as Newmont and IAMGOLD could hurt performance.
GBUG Top 10 Holdings
GBUG is a pure play on gold and silver miners, with performance largely steered by a handful of rising mid-cap names. Newmont, Northern Star, IAMGOLD, and Wesdome have been climbing steadily in recent months, giving the fund a solid backbone as precious metals sentiment improves. On the flip side, more speculative holdings like G Mining Ventures and Montage Gold have been lagging, acting as a bit of a weight on returns. The portfolio is heavily concentrated in the materials sector and spread across global mining regions, making it a focused bet on the precious metals cycle rather than any single country or mega-cap stock.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 TSE:DPM | DPM Metals | 5.08% | $7.44M | CAD 10.65B | 60.60% | 75Outperform |
 TSE:GMIN | G Mining Ventures | 4.34% | $6.35M | CAD 11.21B | 39.05% | 53Neutral |
 DSVSF | Discovery Silver | ― | ― | ― | ― | 48Neutral |
 AU:NST | Northern Star Resources Ltd | 4.22% | $6.19M | AUD 36.00B | 6.22% | 76Outperform |
 IAG | IAMGOLD | ― | ― | ― | ― | 73Outperform |
 TSE:MAU | Montage Gold Corp. | 3.55% | $5.20M | CAD 5.97B | 118.33% | 48Neutral |
 NEM | Newmont Mining | 3.44% | $5.03M | $110.79B | 29.52% | 81Outperform |
 EGO | Eldorado Gold | ― | ― | ― | ― | 79Outperform |
 AU:RMS | Ramelius Resources Limited | 3.44% | $5.04M | AUD 6.45B | 4.27% | 76Outperform |
 TSE:WDO | Wesdome Gold Mines | 3.28% | $4.80M | CAD 3.67B | 20.45% | 81Outperform |
GBUG Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GBUG, the sentiment is Negative. The current price of 39.48 is below the 20-day moving average (MA) of 43.87, below the 50-day MA of 47.62, and below the 200-day MA of 46.12, indicating a bearish trend. The MACD of -1.67 indicates Positive momentum. The RSI at 32.01 is Neutral, neither overbought nor oversold. The STOCH value of 26.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GBUG.
GBUG Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| GBUG | $39.49 | $48.00(21.57% Upside) | $153.61M | 0.90% | 62Neutral |
 BLOK | $51.25 | $92.05(79.61% Upside) | $930.24M | 0.70% | 56Neutral |
 AVRE | $46.06 | $52.11(13.12% Upside) | $882.47M | 0.17% | 66Neutral |
 AGIX | $41.62 | $60.86(46.23% Upside) | $737.43M | 1.00% | 60Neutral |
 ARKX | $29.79 | $46.11(54.78% Upside) | $711.52M | 0.75% | 59Neutral |
 GOAU | $37.88 | $55.82(47.34% Upside) | $176.80M | 0.60% | 70Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GBUG | Sprott Active Gold & Silver Miners ETF | 39.48 | 4.36 | 12.42% | |
| BLOK | Amplify Transformational Data Sharing Etf | 51.25 | -18.58 | -26.61% | |
| AVRE | Avantis Real Estate ETF | 46.06 | 3.45 | 8.10% | |
| AGIX | KraneShares Artificial Intelligence & Technology ETF | 41.62 | 2.66 | 6.82% | |
| ARKX | ARK Space Exploration & Innovation ETF | 29.79 | -1.37 | -4.40% | |
| GOAU | U.S. Global GO GOLD and Precious Metal Miners ETF | 37.88 | 1.53 | 4.22% |
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.