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Sprott Junior Gold Miners ETF

SGDJ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 31 2015
Expense Ratio
0.50%
Type
Global Equities
Fund Owner
Sprott Asset Management
Volume (1m avg. daily)
$364,218
AUM
$92,620,329
Associated Index
Solactive Junior Gold Miners Custom Factors Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

EMR
Emerald Resources NL
5.50%
OGC
OceanaGold Corp
5.42%
BGL
Bellevue Gold Limited
5.22%
PRU
Perseus Mining Limited
5.12%
NG
Novagold Resources Inc.
5.05%
OLA
Orla Mining Ltd
4.91%
DEG
De Grey Mining
4.80%
CEY
Centamin Plc
4.77%
GOR
Gold Road Resources Limited
4.68%
KNT
K92 Mining Inc
4.65%
Invest with SGDJ

What is SGDJ?

Sprott Junior Gold Miners Exchange Traded Fund (NYSE Arca: SGDJ) seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Solactive Junior Gold Miners Custom Factors Index (Ticker: SOLJGMFT). The Index aims to track the performance of small-capitalization gold companies whose stocks are listed on regulated exchanges. The Index uses a transparent, rules-based methodology that is designed to emphasize junior gold stocks with market capitalization between $200 million and $2 billion. The Index emphasizes junior gold producers with the strongest revenue growth and junior exploration companies with the strongest stock price momentum. The Index is reconstituted on a semi-annual basis, in November and May, to incorporate the latest factor scores into the selection and weighting process.

ETFs related toSGDJ

ETFs correlated to SGDJ include JNUG, GDXJ, GDXU

SGDJ
Sprott Funds Trust. - Sprott Junior Gold Miners ETF
JNUG
Direxion Shares ETF Trust - Direxion Daily Junior Gold Miners Index Bull 2X Shares
GDXJ
VanEck ETF Trust - VanEck Junior Gold Miners ETF
GDXU
Bank of Montreal - MicroSectors Gold Miners 3X Leveraged ETN
GDX
VanEck ETF Trust - VanEck Gold Miners ETF
NUGT
Direxion Shares ETF Trust - Direxion Daily Gold Miners Index Bull 2X Shares
RING
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Gold Miners ETF
SIL
Global X Funds - Global X Silver Miners ETF
SILJ
ETF Managers Group LLC - ETFMG Prime Junior Silver Miners ETF
GLTR
abrdn ETF - abrdn Physical Precious Metals Basket Shares ETF
UGL
ProShares Trust - ProShares Ultra Gold 2x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSGDJ

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with SGDJ using Composer

FAQ

SGDJ is a Global Equities ETF. Sprott Junior Gold Miners Exchange Traded Fund (NYSE Arca: SGDJ) seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the Solactive Junior Gold Miners Custom Factors Index (Ticker: SOLJGMFT). The Index aims to track the performance of small-capitalization gold companies whose stocks are listed on regulated exchanges. The Index uses a transparent, rules-based methodology that is designed to emphasize junior gold stocks with market capitalization between $200 million and $2 billion. The Index emphasizes junior gold producers with the strongest revenue growth and junior exploration companies with the strongest stock price momentum. The Index is reconstituted on a semi-annual basis, in November and May, to incorporate the latest factor scores into the selection and weighting process.

SGDJ tracks the Solactive Junior Gold Miners Custom Factors Index.

No, SGDJ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, SGDJ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SGDJ is -0.0286%. This is the percent change in the value of SGDJ over the most recent 1-month period. The 3-month return on SGDJ is -0.048%. This is the percent change in the value of SGDJ over the most recent 3-month period.

The standard deviation of SGDJ for the past year is 0.4149%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SGDJ include IXN, IXJ, and SMH.

ETFs correlated to SGDJ include JNUG, GDXJ, and GDXU.

ETFs that are inversely correlated to SGDJ include JDST, GDXD, and DUST.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.