Sprott Gold Miners ETF

As of April 14, 2025

NAV

$41.79

NAV Daily Change

+$0.37

trending up +0.89%

NAV Since Inception Cumulative Change1

trending up 82.04%

Ticker

SGDM

Market Price2

$41.82

Premium/Discount3

0.07%

Total Net Asset Value

$369 Million

Net Total Expense Ratio4

0.50%

Overview

Sprott Gold Miners Exchange Traded Fund (NYSE Arca: SGDM) seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Solactive Gold Miners Custom Factors Index (Index Ticker: SOLGMCFT). The Index aims to track the performance of larger-sized gold companies whose stocks are listed on Canadian and major U.S. exchanges.

The Index uses a transparent, rules-based methodology that is designed to emphasize larger-sized gold companies with the highest revenue growth, free cash flow yield and the lowest long-term debt to equity. The Index is reconstituted on a quarterly basis to reflect the companies with the highest factor scores.

Key Facts

Ticker

SGDM

Listing Exchange

NYSE Arca

Benchmark Index

SOLGMCFT

Index Rebalance Frequency

Quarterly

ISIN

Show ISIN

ISIN: US85210B1026

CUSIP

Show CUSIP

CUSIP: 85210B 102

Inception Date

July 14, 2014

Adviser

Sprott Asset Management USA, Inc.

Sub-Adviser

ALPS Advisors, Inc.

Distributor

ALPS Distributors, Inc.

Fees & Expenses4

Management Fee 0.35%
Other Expenses

0.15%

Total Annual Fund Operating Expenses

0.50%

Fee Waiver/Expense Reimbursement

0.00%

Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursements 0.50%

ETF Fund Details

April 14, 2025

Total Net Assets

$369,012,657.28

Shares Outstanding

8,830,000

Number of Holdings

35

Median 30 Day Bid Ask Spread
(As of 4/10/2025)

0.21%

Performance

Month-End Performance

Average Annual Total Returns (%) As of 3/31/2025

Fund 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR S.I.1
Sprott Gold Miners ETF
(Net Asset Value)
16.14 36.39 36.39 51.35 6.19 14.91 4.80
Sprott Gold Miners ETF
(Market Price)2
16.12 36.79 36.79 51.23 6.09 14.97 4.81
Solactive Gold Miners Custom Factors Index TR
(Benchmark)5
16.21 36.64 36.64 52.27 7.02 15.72 5.69

 

Quarter-End Performance

Average Annual Total Returns (%) As of 3/31/2025

Fund 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR S.I.1
Sprott Gold Miners ETF
(Net Asset Value)
16.14 36.39 36.39 51.35 6.19 14.91 4.80
Sprott Gold Miners ETF
(Market Price)2
16.12 36.79 36.79 51.23 6.09 14.97 4.81
Solactive Gold Miners Custom Factors Index TR
(Benchmark)5
16.21 36.64 36.64 52.27 7.02 15.72 5.69

Performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than actual data quoted. Call 888.622.1813 or visit www.sprottetfs.com for current month end performance. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.

* Returns less than one year are not annualized.

1 Inception Date: 7/14/2014.

2 Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.

3 The Premium/Discount is the amount (stated in dollars or percent) by which the selling or purchase price of an ETF is greater than (premium) or less than (discount) its face amount/value or net asset value (NAV).

4 Sprott Asset Management USA, Inc. (the “Adviser”), the Investment Adviser to the Fund, has contractually agreed to waive the management fee, and/or reimburse expenses so that Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursements (not including distribution (12b-1) fees, shareholder service fees, acquired fund fees and expenses, taxes, brokerage commissions and  extraordinary expenses) do not exceed a maximum of 0.50% of the share’s average daily net assets through April 30, 2025.

5 From July 22, 2019, forward Index data reflects the Fund’s current underlying Index, the Solactive Gold Miners Custom Factors Index (SOLGMCFT), which was created by Solactive AG ("Index Provider") to provide a means of generally tracking the performance of gold mining companies whose stocks are traded on Canadian and major U.S. exchanges. Index data prior to July 22, 2019, reflects the Fund’s former index, the Sprott Zacks Gold Miners Index (ZAXSGDM). Index data shown for periods that include dates prior to July 22, 2019, reflect a blend of the performance of the SOLGMCFT and ZAXSGDM Indices. An investor cannot invest directly in an Index. SGDM was reorganized from ALPS ETF Trust into Sprott ETF Trust on or about 7/19/19. SGDM is a continuation of the prior Fund and, therefore, the performance information shown includes the prior Fund's performance. One cannot invest directly in an index.

Market Price vs. Net Asset Value Since Inception

User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.



Inception date: July 14, 2014.

Historical Premium/Discount: Market Price to Net Asset Value

User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.



Inception date: July 14, 2014.

Frequency Distribution: Premium/Discount

Trading Days Each Quarter

Data updated as of April 15, 2025

  CY 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Days Traded at Premium 60 21 -- -- --
Days Traded at Discount 161 36 -- -- --

Portfolio Characteristics*

As of 3/31/2025

Number of Companies 35
Market Cap (millions) $370,675.61
Largest Market Cap (millions) $54,550.05
Smallest Market Cap (millions) $977.68
Weighted Avg. Company Market Cap (millions) $23,553.16
Market Cap Breakdown
Large (>$10B) 60.05%
Medium ($2 -$10B) 30.14%
Small (<$2B) 9.81%
Industry Weightings
Gold 88.90%
Precious Metals 11.10%

* Excludes cash

Company Domicile Breakdown*

As of 3/31/2025

Holdings

As of 4/14/2025

Security Market Value Symbol SEDOL Quantity Weight
Newmont Corp. $48,917,607.80 NEM 2636607 892,820 13.26%
Agnico Eagle Mines Ltd. $47,116,830.63 AEM CN 2009823 398,009 12.77%
Wheaton Precious Metals Corp. $32,683,441.17 WPM CN BF13KN5 397,040 8.86%
Kinross Gold Corp. $21,231,677.01 K CN B03Z841 1,463,488 5.75%
Alamos Gold Inc. $17,090,617.62 AGI CN BZ3DNP6 581,798 4.63%
Royal Gold Inc. $16,938,669.60 RGLD 2755706 93,172 4.59%
Lundin Gold Inc. $16,782,898.40 LUG CN BTKSSY6 449,038 4.55%
Barrick Gold Corp. $15,419,774.49 ABX CN 2024644 754,965 4.18%
Endeavour Mining PLC $15,179,052.74 EDV CN BN7KJJ5 563,599 4.11%
Orla Mining Ltd. $13,428,289.50 OLA CN BYZGJ92 1,217,010 3.64%
Franco-Nevada Corp. $13,351,956.47 FNV CN B29NF31 79,038 3.62%
Triple Flag Precious Metals Corp. $12,900,783.11 TFPM CN BJ171P4 597,280 3.50%
OceanaGold Corp. $12,855,071.53 OGC CN B1Z7L21 3,532,090 3.48%
K92 Mining Inc. $11,876,118.63 KNT CN BYZ2CB3 1,307,834 3.22%
Wesdome Gold Mines Ltd. $11,454,446.49 WDO CN B0Y90N5 899,469 3.10%
Fortuna Mining Corp. $11,387,614.59 FVI CN BPLQGB4 1,744,027 3.09%
Centerra Gold Inc. $10,999,031.44 CG CN B01NXQ4 1,628,784 2.98%
Dundee Precious Metals Inc. $10,855,400.12 DPM CN B00VD03 799,491 2.94%
Gold Fields Ltd. $4,790,994.53 GFI 2416326 202,237 1.30%
Anglogold Ashanti PLC $3,688,392.51 AU BRXH266 86,643 1.00%
Harmony Gold Mining Co. Ltd. $1,739,939.60 HMY 2411202 101,870 0.47%
Torex Gold Resources Inc. $1,596,968.13 TXG CN BD2NKY1 50,441 0.43%
Eldorado Gold Corp. $1,564,987.96 ELD CN BHZJ5Y9 80,815 0.42%
IAMGOLD Corp. $1,523,942.27 IMG CN 2446646 209,361 0.41%
Sandstorm Gold Ltd. $1,522,830.25 SSL CN B7YC668 188,157 0.41%
Artemis Gold Inc. $1,432,209.97 ARTG CN BKLTQ63 104,703 0.39%
B2Gold Corp. $1,411,143.22 BTO CN B29VFC4 415,718 0.38%
Osisko Gold Royalties Ltd. $1,420,354.63 OR CN BN60CQ4 62,407 0.38%
New Gold Inc. $1,379,309.31 NGD CN 2826947 385,859 0.37%
Pan American Silver Corp. $1,302,188.73 PAAS CN 2669272 47,889 0.35%
Coeur Mining Inc. $1,241,539.59 CDE 2208136 204,537 0.34%
Equinox Gold Corp. $1,263,425.17 EQX CN BKLNP13 182,611 0.34%
SSR Mining Inc. $1,249,546.26 SSRM CN BF7MPL9 114,974 0.34%
Seabridge Gold Inc. $703,360.14 SEA CN 2246459 56,348 0.19%
Novagold Resources Inc. $534,341.29 NG CN 2135450 188,179 0.14%
Cash Equivalent $177,902.38 $177,902.38 0.07%

35 total, excluding cash and cash equivalents.  Subject to change.

Distributions

Ex-Date

Record Date

Payable Date

Short-Term Capital Gains

Long-Term Capital Gains

Ordinary Income

Total Distributions

12/24/2014 12/29/2014 01/02/2015 - - - -
12/23/2015 12/28/2015 12/31/2015 - - $0.05 $0.05
12/21/2016 12/23/2016 12/29/2016 - - $0.19 $0.19
12/21/2017 12/22/2017 12/28/2017 - - - -
12/20/2018 12/21/2018 12/27/2018 - - $0.12 $0.12
12/19/2019 12/20/2019 12/27/2019 - - $0.06 $0.06
12/16/2020 12/17/2020 12/23/2020 - - $0.09 $0.09
12/15/2021 12/16/2021 12/22/2021 - - $0.36 $0.36
12/15/2022 12/16/2022 12/22/2022 - - $0.35 $0.35
12/14/2023 12/15/2023 12/21/2023 - - $0.35 $0.35

12/12/2024

12/12/2024

12/19/2024

-

-

$0.29

$0.29

Commentary

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Contact Us

Investment Adviser

Sprott Asset Management USA, Inc.
320 Post Road, Suite 230
Darien, CT 06820

Telephone: 888.622.1813

Distributor and Sub-Adviser

ALPS
1290 Broadway, Suite 1100
Denver, CO 80203

Client Services
Financial Advisors and Investors

Telephone: 888.622.1813
Email: bullion@sprott.com

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Sprott ETFs
P.O. Box 1107
Denver, CO 80201

Overnight Mail
Sprott ETFs
1290 Broadway
Suite 1100
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