Sprott Gold Miners ETF
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As of October 9, 2026
NAV
$74.91
NAV Daily Change
+$2.12
+2.91%
NAV Since Inception Cumulative Change1
229.55%
Ticker
SGDM
Market Price2
$74.87
Premium/Discount3
-0.05%
Total Net Asset Value
$656.23 Million
Net Total Expense Ratio4
0.46%
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
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ISIN: US85210B1026
Copyright 2026, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
CUSIP
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CUSIP: 85210B 102
Copyright 2026, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
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 | 0.11% |
| Total Annual Fund Operating Expenses | 0.46% |
| Fee Waiver/Expense Reimbursement | 0.00% |
| Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursements | 0.46% |
ETF Fund Details
October 9, 2026
Total Net Assets
$656,232,465.74
Shares Outstanding
8,760,000
Number of Holdings
48
Median 30 Day Bid Ask Spread
(As of October 8, 2026)
0.52%
Performance
Month-End Performance
Average Annual Total Returns (%) As of 9/30/2026
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | 3 YR | 5 YR | 10 YR | S.I.1 |
| Sprott Gold Miners ETF (Net Asset Value) |
-9.58 | 17.23 | 6.29 | 20.93 | 49.63 | 25.92 | 12.75 | 10.15 |
| Sprott Gold Miners ETF (Market Price)2 |
-9.56 | 17.39 | 5.97 | 20.71 | 49.58 | 25.95 | 12.74 | 10.14 |
| Solactive Gold Miners Custom Factors Index TR (Benchmark)5 |
-9.55 | 17.36 | 6.68 | 21.55 | 50.60 | 26.85 | 13.68 | 11.05 |
Quarter-End Performance
Average Annual Total Returns (%) As of 9/30/2026
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | 3 YR | 5 YR | 10 YR | S.I.1 |
| Sprott Gold Miners ETF (Net Asset Value) |
-9.58 | 17.23 | 6.29 | 20.93 | 49.63 | 25.92 | 12.75 | 10.15 |
| Sprott Gold Miners ETF (Market Price)2 |
-9.56 | 17.39 | 5.97 | 20.71 | 49.58 | 25.95 | 12.74 | 10.14 |
| Solactive Gold Miners Custom Factors Index TR (Benchmark)5 |
-9.55 | 17.36 | 6.68 | 21.55 | 50.60 | 26.85 | 13.68 | 11.05 |
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, 2035.
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 October 11, 2026
| CY 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
| Days Traded at Premium | 149 | 30 | 21 | 27 | -- |
| Days Traded at Discount | 88 | 30 | 39 | 36 | -- |
Portfolio Characteristics*
As of 9/30/2026
| Number of issuers | 48 |
| Market Cap (Millions) | $762,235.31 |
| Largest Market Cap | $121,532.87 |
| Smallest Market Cap | $138.51 |
| Weighted Avg. M.C. | $37,100.14 |
| Market Cap Breakdown (%) | |
| Large | 65.20% |
| Medium | 32.28% |
| Small | 2.52% |
| Industry Weighting (%) | |
| Gold | 81.87% |
| Precious Metals | 15.36% |
| Silver | 2.77% |
Company Domicile Breakdown*
As of 9/30/2026
* Excludes cash
Holdings
As of 10/09/2026
| Security | Market Value | Symbol | SEDOL | Quantity | Weight |
|---|---|---|---|---|---|
| Agnico Eagle Mines Ltd. | $64,291,213.45 | AEM CN | 2009823 | 339,874.00 | 9.80% |
| Newmont Corp. | $49,736,139.60 | NEM | 2636607 | 422,065.00 | 7.58% |
| Barrick Mining Corp. | $49,204,303.43 | ABX CN | BNM23Q1 | 1,199,171.00 | 7.50% |
| Wheaton Precious Metals Corp. | $46,581,496.89 | WPM CN | BF13KN5 | 336,164.00 | 7.10% |
| Franco-Nevada Corp. | $38,851,328.81 | FNV CN | B29NF31 | 158,518.00 | 5.92% |
| Kinross Gold Corp. | $26,544,527.15 | K CN | B03Z841 | 1,118,595.00 | 4.04% |
| Pan American Silver Corp. | $23,952,333.66 | PAAS CN | 2669272 | 517,287.00 | 3.65% |
| Lundin Gold Inc. | $22,919,415.84 | LUG CN | BTKSSY6 | 341,196.00 | 3.49% |
| Coeur Mining Inc. | $21,730,621.23 | CDE | 2208136 | 1,268,571.00 | 3.31% |
| Endeavour Mining PLC | $20,166,906.52 | EDV CN | BN7KJJ5 | 371,908.00 | 3.07% |
| IAMGOLD Corp. | $19,891,267.55 | IMG CN | 2446646 | 1,056,756.00 | 3.03% |
| DPM Metals Inc. | $19,549,553.02 | DPM CN | BPCR7W4 | 469,390.00 | 2.98% |
| Torex Gold Resources Inc. | $18,558,737.00 | TXG CN | BD2NKY1 | 359,689.00 | 2.83% |
| Harmony Gold Mining Co. Ltd. | $18,546,359.84 | HMY | 2411202 | 1,098,718.00 | 2.83% |
| OR Royalties Inc. | $18,062,511.43 | OR CN | BPJJWP1 | 518,729.00 | 2.75% |
| Centerra Gold Inc. | $17,858,644.38 | CG CN | B01NXQ4 | 792,856.00 | 2.72% |
| Triple Flag Precious Metals Corp. | $17,688,612.29 | TFPM CN | BJ171P4 | 567,775.00 | 2.70% |
| OceanaGold Corp. | $17,510,253.96 | OGC CN | BQXQY26 | 634,591.00 | 2.67% |
| Wesdome Gold Mines Ltd. | $17,262,015.95 | WDO CN | B0Y90N5 | 713,515.00 | 2.63% |
| Discovery Mining Ltd. | $17,033,348.19 | DSV CN | BSBFLD9 | 2,074,912.00 | 2.60% |
| K92 Mining Inc. | $17,026,710.68 | KNT CN | BYZ2CB3 | 862,185.00 | 2.59% |
| Fortuna Mining Corp. | $15,467,080.49 | FVI CN | BPLQGB4 | 1,417,021.00 | 2.36% |
| Allied Gold Corp. | $15,209,384.11 | AAUC CN | BS5YX69 | 738,442.00 | 2.32% |
| Galiano Gold Inc. | $15,130,071.94 | GAU CN | BLF8094 | 6,917,401.00 | 2.31% |
| Anglogold Ashanti PLC | $11,138,939.68 | AU | BRXH266 | 118,298.00 | 1.70% |
| Gold Fields Ltd. | $4,835,276.04 | GFI | 2416326 | 131,322.00 | 0.74% |
| Aura Minerals Inc. | $2,365,641.72 | AUGO | BJ1JSK4 | 25,922.00 | 0.36% |
| B2Gold Corp. | $2,108,563.47 | BTO CN | B29VFC4 | 402,107.00 | 0.32% |
| SSR Mining Inc. | $2,084,424.69 | SSRM CN | BF7MPL9 | 58,715.00 | 0.32% |
| G Mining Ventures Corp. | $2,046,682.85 | GMIN CN | BSWW128 | 59,279.00 | 0.31% |
| Royal Gold Inc. | $2,044,806.88 | RGLD | 2755706 | 8,656.00 | 0.31% |
| Equinox Gold Corp. | $1,993,661.13 | EQX CN | BKLNP13 | 174,256.00 | 0.30% |
| Alamos Gold Inc. | $1,991,658.60 | AGI CN | BZ3DNP6 | 60,537.00 | 0.30% |
| Eldorado Gold Corp. | $1,963,889.77 | ELD CN | BHZJ5Y9 | 52,148.00 | 0.30% |
| Montage Gold Corp. | $1,959,153.07 | MAU CN | BMYMV13 | 161,074.00 | 0.30% |
| Skeena Resources Ltd. | $1,694,906.10 | SKE CN | BMDM761 | 51,960.00 | 0.26% |
| Aris Mining Corp. | $1,483,551.78 | ARIS CN | BQKRCQ2 | 85,469.00 | 0.23% |
| Seabridge Gold Inc. | $1,256,880.29 | SEA CN | BW5VLW0 | 44,699.00 | 0.19% |
| Novagold Resources Inc. | $1,219,858.53 | NG CN | 2135450 | 181,257.00 | 0.19% |
| Perpetua Resources Corp. | $1,070,047.45 | PPTA CN | BNNNK40 | 51,794.00 | 0.16% |
| Southern Cross Gold Consolidated Ltd. | $833,297.45 | SXGC CN | BTFK8C5 | 111,611.00 | 0.13% |
| Snowline Gold Corp. | $831,687.06 | SGD CN | BN7R1R8 | 78,050.00 | 0.13% |
| Hycroft Mining Holding Corp. | $741,060.23 | HYMC | BS70KX1 | 38,617.00 | 0.11% |
| Orezone Gold Corp. | $624,482.93 | ORE CN | B5BVW11 | 276,644.00 | 0.10% |
| Rio2 Ltd. | $503,455.60 | RIO CN | BGC0ML4 | 227,264.00 | 0.08% |
| McEwen Inc. | $454,581.12 | MUX | BQGD8H7 | 25,424.00 | 0.07% |
| Collective Mining Ltd. | $431,788.68 | CNL CN | BN79Z49 | 35,768.00 | 0.07% |
| Valor Gold Corp. | $43,934.07 | VGC CN | BXM7C03 | 22,789.00 | 0.01% |
| Cash Equivalent | $1,737,399.14 | $1,737,399.14 | 0.23% |
48 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 |
12/18/2025 |
12/18/2025 |
12/22/2025 |
- |
- |
$0.73 |
$0.73 |
Literature
Fact Sheet
Quarterly Investor Presentation
Index Rebalance
Year-End Distributions
Regulatory Documents
- Semi-Annual Financial Statements and Other Important Information, June 30, 2026
- Tailored Shareholder Report, June 30, 2026
- Summary Prospectus
- Statutory Prospectus
- Statement of Additional Information
- Annual Reports Financial Statements and Other Important Information, December 31, 2025
- Tailored Shareholder Report, December 31, 2025
- Semi-Annual Financial Statements and Other Important Information, June 30, 2025
- Tailored Shareholder Report, June 30, 2025
- Annual Reports Financial Statements and Other Important Information, December 31, 2024
- Tailored Shareholder Report, December 31, 2024
- Tailored Shareholder Report, June 30, 2024
- Semi-Annual Reports Financial Statements and Other Important Information, June 30, 2024
- Supplemental Prospectus
- Annual Report, December 31, 2023
List of Sprott ETF Holdings
Commentary
Gold Holds Its Ground as Real Yields Surge
BY PAUL WONG AND KENNY ZHU · 10/8/2026
Gold held firm in September as real yields surged, suggesting investors are increasingly focused on fiscal strain and reserve diversification. We examine why rising Treasury yields can deepen the fiscal challenge and why gold’s role outside the sovereign liability structure matters. We also assess silver’s rate headwinds, resilient Chinese demand and industrial support.
Gold Mining 2.0: Are Investors Looking Through an Outdated Lens?
BY KENNY ZHU · 10/7/2026
Gold miners have entered a new era—one defined by stronger balance sheets, greater capital discipline and record earnings, yet valuations still reflect the industry’s past. At the same time, a growing scarcity of high-quality gold reserves could increase the strategic value of gold miners capable of replacing and developing economic ounces.
Gold Stocks May Finally Be Ready to Outperform
BY JOHN HATHAWAY · 9/30/2026
Sprott's John Hathaway joins Kitco Mining’s Paul Harris to discuss why he views gold as an “all-weather strategy” and sees a more favorable outlook for gold equities. He explains how capital discipline, potential M&A and miners’ operating leverage could support outperformance, even without higher gold prices.
Gold and Silver Surge as Fiscal Credibility Erodes
BY PAUL WONG AND KENNY ZHU · 9/8/2026
Gold and silver surged in August as rising debt, higher term premiums and growing concerns about U.S. fiscal credibility revived the currency debasement trade. Gold is increasingly behaving as “outside money,” supported by strong central bank buying, while silver is benefiting from renewed investor demand, persistent supply deficits and tight inventories. We examine why these forces may be setting the stage for the next move in precious metals.
Gold and Silver: Looking Beyond the Correction
By Maria Smirnova · 8/6/2026
After one of the strongest years in decades for precious metals, 2026 has been a year of correction, consolidation and renewed perspective. With gold and silver beginning to rebound, CIO Maria Smirnova examines the macroeconomic forces behind this year's pullback, why the fundamental drivers for precious metals remain intact, and why today's valuations may present compelling long-term opportunities across bullion and mining equities.
Back to The Monetary Future - PART 1
PODCAST · 7/30/2026
Ed Coyne welcomes back Ronnie Stöferle to discuss the 20th anniversary edition of the In Gold We Trust report, Back to the Monetary Future. Ronnie reflects on two decades of gold’s evolution as a monetary asset, central bank buying and the new thinking on gold’s place in modern portfolios. The conversation also explores why gold’s simplicity, liquidity and lack of counterparty risk may matter more than ever in an increasingly uncertain financial system.
How to Purchase
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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: invest@sprott.com
Standard Mail
Sprott ETFs
P.O. Box 1107
Denver, CO 80201
Overnight Mail
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1290 Broadway
Suite 1100
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