Sprott Gold Miners ETF (SGDM)
| Assets | $212.73M |
| Expense Ratio | 0.50% |
| PE Ratio | 20.95 |
| Shares Out | n/a |
| Dividend (ttm) | $0.35 |
| Dividend Yield | 1.53% |
| Ex-Dividend Date | Dec 15, 2022 |
| Payout Ratio | 32.12% |
| 1-Year Return | +9.90% |
| Volume | 19,324 |
| Open | 23.17 |
| Previous Close | 22.84 |
| Day's Range | 22.63 - 23.17 |
| 52-Week Low | 19.63 |
| 52-Week High | 31.40 |
| Beta | n/a |
| Holdings | 33 |
| 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
66.45% of assets| Name | Symbol | Weight |
|---|---|---|
| Franco-Nevada Corp | FNV.TO | 11.42% |
| Barrick Gold Corp | ABX.TO | 11.31% |
| Agnico Eagle Mines Ltd | AEM.TO | 10.35% |
| Newmont Corporation | NEM | 8.39% |
| K92 Mining Inc | KNT.TO | 4.30% |
| Dundee Precious Metals Inc | DPM.TO | 4.22% |
| Alamos Gold Inc Class A | AGI.TO | 4.16% |
| Wesdome Gold Mines Ltd | WDO.TO | 4.13% |
| OceanaGold Corp | OGC.TO | 4.12% |
| Lundin Gold Inc | LUG.TO | 4.03% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 2022-12-15 | $0.3506 | 2022-12-22 |
| 2021-12-15 | $0.3629 | 2021-12-22 |
| 2020-12-16 | $0.09279 | 2020-12-23 |
| 2019-12-19 | $0.0631 | 2019-12-27 |
| 2018-12-20 | $0.08762 | 2018-12-27 |
| 2017-12-21 | $0.11944 | 2017-12-28 |
News
Gold Bulls Hanging on Fed Chair's Word of Eventual Rate Cuts
The Federal Reserve recently stated that monetary policy will stay tight for longer than anticipated. Therefore, gold bulls could continue to see downward pressure on prices.
Gold Remains Steady Despite Higher Inflation Number
The consumer price index (CPI) continues to climb, but gold has been maintaining its resiliency in the face of rising inflation. The precious metal is still up about 5% for the year despite the macroe...
Gold Exposure Has Increased to Highest Level in Over a Decade
Seeing that inflation might be sticking around for awhile, investors are starting to pile into gold at levels not since in over a decade, according to a recent Business Insider article. The economy is...
As Summer Turns into Fall, Gold Prices Could Start Rallying
Gold prices have been steadily falling as spring was turning into summer, but as fall gets closer, gold prices could start rallying again. A recent Kitco Gold Survey got a pulse on what Wall Street an...
Central Bank Selling Isn't Fazing Gold as Futures Rise in July
Gold futures in July notched their highest gain in four months. Investor optimism surrounding fewer rate hikes by central banks and the prospect of a weaker U.S. dollar pushed the precious metal highe...
Consider a Pair of Mining Options as Gold, Uranium Show Upside
Metals exposure extends beyond just the metal itself. Ample opportunities exist for miners, and Sprott has a pair of options worth considering given the upside in gold and uranium.
Lithium and Gold Performed Admirably in the First Half of 2023
When it came to returns in commodities during the first half of 2023, lithium and gold stood tall amongst their peers, based on data from Kitco News. “In the first half of the year, lithium increased ...
Gold Can Still Reach New Highs, Says Strategist
Gold prices are up 5% for the year, but they have been slowly retreating after peaking in May. Still, one strategist foresees further strength in gold prices, potentially translating into new highs.
Is a Big Move for Gold Just Up Ahead?
As the capital markets slowly digest the rate pause by the U.S. Federal Reserve, a big move for gold could be brewing after it's stalled in a sideways pattern for a few months now.
Financial Experts Recommend ETFs for Gold Investing
Getting gold exposure by tangibly holding the metal is an obvious option. However, financial experts actually suggest holding exchange traded funds (ETFs) for easy access to gold exposure.
Recession Fears Continue to Support Gold ETF Inflows
While the capital markets expect the Fed to wind down its policy tightening, fears of a recession are still swirling. This continues to feed inflows into funds like SGDM, a gold ETF.
Market Analyst: Gold Could Push Even Higher in 5 Years
If market experts are correct, then gold's recent rally could extend beyond the short-term horizon. One analyst is predicting that it could push even higher in the next five years.
An Increase in Gold Mining Mergers Could Propel This ETF
With gold prices pushing above $2,000 and rising about 10% for the year, it's giving gold miners as well as explorers reason to pool their resources together via mergers or acquisitions.
Gold Gains Momentum as Bets Ramp Up on Rate Hike Pause
The capital markets are placing more bets on a Fed rate hike pause, allowing for gold to gain more momentum. Prices for the precious metal are already up 10% for the year (as of April 17) as rate paus...
A Fed Pivot Can Continue to Push Gold to New Highs
As gold pushes to new highs, it could get an extra shove in the back from the U.S. Federal Reserve. A slowdown in interest rate hikes could be a major catalyst for gold prices to move even higher.
Traders Are Placing Bets on Another Gold Rally
With the banking system on shaky ground and a more dovish U.S. Federal Reserve on the horizon, traders are placing bets on another gold rally. Gold prices are up 8% for the year, surging within the pa...
Shaky Banking Sector Pushes Gold Past $2,000
Rising interest rates have been putting downward pressure on gold, but the shaky banking sector recently pushed prices past the $2,000 mark. With investor confidence in banks waning, this could contin...
Gold Prices See 6 Weeks of Gains Amid Potential Headwinds
Gold prices have been riding a six-week winning streak in terms of gains, but key economic data points could potentially stifle the rally. Nonetheless, gold hasn't seen this type of winning streak sin...
Technical Bullishness Drives Momentum for Recent Gold Gains
It seemingly appears like the majority of asset classes are rebounding from last year's inflationary weakness, with the U.S. declining to start the new year. Bullishness from a technical standpoint is...
Higher Gold Prices Show Investors Are Betting on Slower Rate Hikes
Gold prices are already moving 3% higher in 2023, which could mean that investors are expecting the U.S. Federal Reserve to slow down its pace of rate hikes. This clears the path for opportunities in ...
Analysts Are Forecasting Record Highs for Gold This Year
The macroeconomic backdrop for gold this year could be conducive to higher gold prices if analysts' forecasts hold up. That said, gold-focused assets like funds from Sprott offer a prime play for inve...
Top 3 Gold & Silver Stories in 2022
In a year that saw major land-based warfare return to Europe for the first time since the '90s, global volatility has become an important challenge.
CPI Drives Gold Higher Ahead of 2023, Accessible in SGDM
Markets swooned Tuesday thanks to a softer-than-expected CPI report, driving stocks higher with the S&P 500 and other leading indexes up through the day. That also saw the price of gold rise much high...
Has The Dollar Peaked? Gold Mining May Appeal in SGDM
Gold futures rose Tuesday amid continued suggestions in the market that the U.S. dollar may be leveling out or even approaching its peak value in a complicated year for other currencies impacted by ce...
This ETF May Benefit as CPI Print Drives Gold Higher
Thursday's cooler consumer price index (CPI) print drove gold's price to its highest point since August, as investors' hopes that inflation would finally respond to the Fed's rate hikes were fulfilled...