Sprott Gold Miners ETF (SGDM)
| Assets | $261.04M |
| Expense Ratio | 0.50% |
| PE Ratio | 27.12 |
| Shares Out | 8.81M |
| Dividend (ttm) | $0.35 |
| Dividend Yield | 1.18% |
| Ex-Dividend Date | Dec 14, 2023 |
| Payout Ratio | 31.61% |
| 1-Year Return | +26.67% |
| Volume | 21,590 |
| Open | 29.46 |
| Previous Close | 29.54 |
| Day's Range | 29.39 - 29.69 |
| 52-Week Low | 20.72 |
| 52-Week High | 34.14 |
| Beta | 0.92 |
| Holdings | 37 |
| Inception Date | Jul 15, 2014 |
About SGDM
Fund Home PageThe Sprott Gold Miners ETF (SGDM) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an equity index of gold mining firms. Firms with higher revenue growth, lower debt to equity and higher free cash flow yield receive more weight. SGDM was launched on Jul 15, 2014 and is issued by Sprott.
Top 10 Holdings
68.18% of assets| Name | Symbol | Weight |
|---|---|---|
| Newmont Corporation | NEM | 11.96% |
| Agnico Eagle Mines Limited | AEM | 10.65% |
| Barrick Gold Corporation | ABX | 8.34% |
| Wheaton Precious Metals Corp. | WPM | 8.06% |
| Franco-Nevada Corporation | FNV | 6.91% |
| Lundin Gold Inc. | LUG | 4.92% |
| Torex Gold Resources Inc. | TXG | 4.69% |
| Royal Gold, Inc. | RGLD | 4.33% |
| SSR Mining Inc. | SSRM | 4.22% |
| Triple Flag Precious Metals Corp. | TFPM | 4.10% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 14, 2023 | $0.348 | Dec 21, 2023 |
| Dec 15, 2022 | $0.351 | Dec 22, 2022 |
| Dec 15, 2021 | $0.363 | Dec 22, 2021 |
| Dec 16, 2020 | $0.093 | Dec 23, 2020 |
| Dec 19, 2019 | $0.063 | Dec 27, 2019 |
| Dec 20, 2018 | $0.088 | Dec 27, 2018 |
News
Rising U.S. Debt and Yields Keep Gold Bullish
Gold continues to surge and rising debt levels in the U.S. and elevated yields should help keep the precious metal bullish. Gold prices are already up over 30% for the year and could keep climbing.
Global Uncertainties Push Gold to New Record Highs
Amid global uncertainties, gold continues to push higher. The precious metal is already up over 30% for the year as it eyes the $2,800 per ounce price marker as the next goal.
Gold Miners Unnoticed Despite Potential Record Q3 Earnings
Gold prices have risen over 30% this year. So it's no wonder that miners are headed for a record third-quarter earnings season.
Mixed Economic Data Maintains Bullish Case for Gold
Economic data could put the Federal Reserve in a state of flux as it decides to cut interest rates while still receiving data that the economy is running hot. In the meantime, this maintains the bulli...
Gold Demand in China & India Could Keep Prices Elevated
Gold continues to push higher, eyeing the $2,700 price mark. Even if a pullback eventually occurs, demand from countries like China and India could keep the precious metal elevated.
Rise to $3,000 for Gold ‘Only a Matter of Time'
Gold is continuing its climb, breaching the $2,600 mark recently. It looks well on its way past $2,700.
SGDM: Potential For A Golden Run
Gold Miners ETFs offer a convenient and diversified way to invest in the gold market without the hassle of physical gold. The Sprott Gold Miners ETF focuses on larger-sized gold companies with high gr...
There Could Be A Simple Explanation For The Dax Moonshot Move
The German stock market has gone parabolic in an exceptionally strong move, after meandering over the summer months with sub-par economic releases. The surface reason for this division is that the vas...
SGDM: A Bet On Active Managers
Gold is on the verge of closing a monthly candle above $2,000 per ounce, signaling a breakout. Gold miners have historically outperformed gold during uptrends, making them a potential opportunity for ...
SGDM: Conditions For Gold Miners Are Improving (Rating Upgrade)
Gold prices have remained resilient despite rising interest rates. Q2'23 data shows that miners' cost metrics are stabilizing and improving compared to Q1'23. The end of the monetary tightening cycle ...