Dig Deeper for Gold and Silver Returns
Sprott Active Gold & Silver Miners ETF
The ONLY Active
Gold and Silver Miners ETF*
Active Management by a Global Leader
Combines the strengths of an ETF
with the expertise of active management
- + Sprott has more than four decades of specialized leadership in precious metals investing
- + Investment team with extensive experience led by industry veteran John Hathaway, CFA, MBA
Focus on Miners
Long-term capital appreciation via the growth potential
of gold and silver mining companies
- + Significant catch-up potential for the mining sector as miners lag bullion prices
- + Targeted strategy that navigates the operational complexities of mining operations
* Based on Morningstar’s universe of Precious Metals Sector Equity ETFs as of 6/30/2025.
GBUG Snapshot & Portfolio Management Team
Investors choose GBUG to tap into the potential of gold and silver miners with expert, active management and decades of specialized industry experience.
Sprott Active Gold & Silver Miners ETF
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Ticker: GBUG
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Focus: Gold & Silver Mining Equities
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Listing Exchange: Nasdaq®
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Inception Date: 2/19/2025
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Total Annual Fund Operating Expenses: 0.89%
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Holdings: 34
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Fund AUM: $45.8 million
Data as of 6/30/2025. Please refer to the most recent prospectus for more information.
Our Boots on the Ground Difference
We actively seek to capture upside and manage risk in a volatile sector. Sprott’s knowledgeable specialists understand the economic geology and business fundamentals of the mining industry. They add value through actively managed stock selection and portfolio construction.
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Selective Stock Picking
We seek to identify miners with the strongest fundamentals, management teams and growth prospects.
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Deep Industry Knowledge
From geology to corporate strategy, our team understands the full mining value chain.
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Global Access
Strong relationships across the mining sector allow us to uncover opportunities others may miss.
Justin Tolman, BSc (Hons), MBA, Senior Portfolio Manager and Economic Geologist, reviews exploration maps during an aerial survey over the Kalahari in Southern Africa, assessing mining prospects amid the region’s vast landscapes.
Maria Smirnova, MBA, CFA, Senior Portfolio Manager & Chief Investment Officer, conducts on-site due diligence at a leading mining operation in Mexico, holding a freshly cast silver doré bar, which represents unrefined semi-pure silver.
The Active Management Opportunity
Sprott’s active portfolio managers have the potential to add value through selective stock picking and thoughtful portfolio construction. The 171% average performance spread between top- and bottom-tier precious metals miners over the past five years underscores the potential advantage of active management.
Source: Bloomberg as of 6/30/2025, as measured by the NYSE Arca Gold Miners Index (GDMNTR), which is intended to track the overall performance of companies involved in the gold mining industry.
Explore GBUG
Visit our Sprott Active Gold & Silver Miners ETF page.
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Important Disclosures & Definitions
An investor should consider the investment objectives, risks, charges, and expenses of each fund carefully before investing. To obtain a fund’s Prospectus, which contains this and other information, contact your financial professional, call 1.888.622.1813 or visit SprottETFs.com. Read the Prospectus carefully before investing.
Exchange Traded Funds (ETFs) are considered to have continuous liquidity because they allow for an individual to trade throughout the day, which may indicate higher transaction costs and result in higher taxes when fund shares are held in a taxable account.
The funds are non-diversified and can invest a greater portion of assets in securities of individual issuers, particularly those in the natural resources and/or precious metals industry, which may experience greater price volatility. Relative to other sectors, natural resources and precious metals investments have higher headline risk and are more sensitive to changes in economic data, political or regulatory events, and underlying commodity price fluctuations. Risks related to extraction, storage and liquidity should also be considered.
Shares are not individually redeemable. Investors buy and sell shares of the funds on a secondary market. Only “authorized participants” may trade directly with the funds, typically in blocks of 10,000 shares.
The Sprott Active Metals & Miners ETF, Sprott Active Gold & Silver Miners ETF and the Sprott Silver Miners & Physical Silver ETF are new and have limited operating history.
Sprott Asset Management USA, Inc. is the Investment Adviser to the Sprott ETFs. ALPS Distributors, Inc. is the Distributor for the Sprott ETFs and is a registered broker-dealer and FINRA Member. ALPS Distributors, Inc. is not affiliated with Sprott Asset Management USA, Inc.
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