Sprott Junior Gold Miners ETF
ALTAR
Score™		 5.7% info Recommen-
dation		 OVERWEIGHT
2025E    2026E
P/E
ratio		 11.5x P/Sales
ratio		 2.2x
P/BV
ratio		 2.2x Div.
yield		 1.1%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The Sprott Junior Gold Miners ETF tracks an index of US- and Canada-listed small-cap gold and silver miner stocks. The index selects firms by market cap and weights them by revenue growth and relative price momentum.

FUND BASICS
Category Global Equities
Fund Sponsor ALPS
Website www.sprottetfs.com
Inception date Mar 31, 2015
Assets (mns) $148
Currency USD
Expense ratio 50 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-End Investment Company
Custodian
Weighting Multi-Factor
Index replication
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 27
Wgt avg mkt cap (mns) $1,449
Large cap (>$10bn) 0.0%
Mid cap ($2-10bn) 4.8%
Small cap (<$2bn) 95.2%
Developed mkts 89.2%
Emerging mkts 10.8%

TOP TEN HOLDINGS
RESOLUTE MINING LTD 5.3 %
REGIS RESOURCES LTD 5.2 %
OCEANAGOLD CORP 5.0 %
K92 MINING, INC. 4.7 %
SPARTAN RESOURCE 4.7 %
WESDOME GOLD MINES LTD 4.5 %
GREATLAND GOLD PLC 4.2 %
CENTERRA GOLD INC 4.2 %
CALIBRE MINING CORP. 4.0 %
WESTGOLD RESOURCES LTD 3.9 %
Total 45.7 %

TOP COUNTRY EXPOSURE
CANADA 39.9 %
AUSTRALIA 39.3 %
BRITAIN 7.8 %
SOUTH AFRICA 6.7 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru April 30)
Year-to-date 1 year 5 years 10 years Since Incep.
36.5% 42.7% 10.8% 7.1% 8.2%

Market Correlations
versus... Beta R-squared
S&P500 0.82 15%
MSCI EAFE 1.31 40%
MSCI Emg. Mkts. 1.39 44%

Technical Indicators
Recent close $43.52
30d moving avg. $44.35
Annualized volatility 35.4%
Short interest (ETF) 1.1%
Relative strength (RSI) 60

Liquidity measures
Avg. volume (thou.) 35
Turnover 1.0%
Bid/Ask (% of price) 0.56%
ADV underlying (mns) $82

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 75 potential alternatives to the Sprott Junior Gold Miners ETF ETF based on the alternatives' overlap in portfolio holdings with SGDJ. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SGDJ Expense: 50 bp ALTAR Score™: 5.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SGDJ
Ticker Fund
Name		 Overlap1
vs SGDJ
(%)		 Expense
ratio
(bp)		 Savings
vs SGDJ
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs SGDJ
(%)
GOEX Global X Gold Explorers ETF 39.3 65 -15 4.8 -1.0
AUMI Themes Gold Miners ETF 23.8 35 15 6.2 +0.4
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 18.0 60 -10 4.2 -1.5
GDXJ VanEck Junior Gold Miners ETF 16.0 52 -2 5.1 -0.6
SGDM Sprott Gold Miners ETF 13.6 50 0 4.6 -1.2
RING iShares MSCI Global Gold Miners ETF 8.2 39 11 6.2 +0.4
SILJ ETFMG Prime Junior Silver Miners ETF 6.6 69 -19 2.7 -3.1
GDX VanEck Gold Miners ETF 6.0 51 -1 4.8 -0.9
SLVP iShares MSCI Global Silver Miners ETF 4.6 39 11 6.2 +0.5
EPU iShares MSCI Peru and Global Exposure ETF 3.6 59 -9 7.8 +2.1
AGMI Themes Silver Miners ETF 3.1 35 15 6.3 +0.6
GXG Global X MSCI Colombia ETF 2.7 62 -12 17.1 +11.3
AVDV Avantis International Small Cap Value ETF 2.4 36 14 10.6 +4.8
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 2.3 80 -30 12.3 +6.6
COPA Themes Copper Miners ETF 2.2 35 15 7.4 +1.7
GWX SPDR S&P International Small Cap ETF 2.1 40 10 6.7 +1.0
SIL Global X Silver Miners ETF 2.0 65 -15 3.4 -2.3
DISV Dimensional International Small Cap Value ETF 1.6 42 8 9.8 +4.1
LIVR Intelligent Livermore ETF 1.4 69 -19 6.5 +0.8
CCNR ALPS CoreCommodity Natural Resources ETF 1.4 39 11 12.1 +6.3
DFIS Dimensional International Small Cap ETF 1.3 39 11 7.8 +2.1
EWUS iShares MSCI United Kingdom Small Cap ETF 1.0 59 -9 7.4 +1.7
FYLD Cambria Foreign Shareholder Yield ETF 1.0 59 -9 12.1 +6.4
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.8 49 1 7.4 +1.7
SCHC Schwab International Small-Cap Equity ETF 0.8 11 39 7.1 +1.4
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.7 7 43 7.1 +1.4
SCZ iShares MSCI EAFE Small-Cap ETF 0.6 40 10 7.4 +1.6
FTRI First Trust Indxx Global Natural Resources Income ETF 0.5 70 -20 8.6 +2.9
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.5 39 11 8.6 +2.9
AVDE Avantis International Equity ETF 0.4 23 27 7.9 +2.2
DFIC Dimensional International Core Equity 2 ETF 0.4 23 27 7.8 +2.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 11 6.2 +0.5
IEUS iShares MSCI Europe Small-Cap ETF 0.3 42 8 7.4 +1.7
DLS WisdomTree International SmallCap Dividend Fund 0.3 58 -8 8.8 +3.0
ISCF iShares International SmallCap Equity Factor ETF 0.3 23 27 8.7 +3.0
DFSI Dimensional International Sustainability Core 1 ETF 0.3 24 26 6.6 +0.9
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 20 8.4 +2.7
IPAC iShares Core MSCI Pacific ETF 0.2 9 41 7.0 +1.3
VPL Vanguard FTSE Pacific ETF 0.2 8 42 7.5 +1.8
DFAI Dimensional International Core Equity Market ETF 0.2 18 32 7.5 +1.7
AVSD Avantis Responsible International Equity ETF 0.2 23 27 5.9 +0.1
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 46 7.3 +1.6
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 -8 8.2 +2.5
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 -8 9.9 +4.2
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 43 8.2 +2.4
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -15 8.2 +2.5
IEFA iShares Core MSCI EAFE ETF 0.1 7 43 7.3 +1.6
VEA Vanguard FTSE Developed Markets ETF 0.1 5 45 7.5 +1.8
VSGX Vanguard ESG International Stock ETF 0.1 12 38 8.0 +2.3
IWN iShares Russell 2000 Value ETF 0.1 24 26 8.1 +2.4
VTWV Vanguard Russell 2000 Value ETF 0.1 15 35 8.1 +2.4
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 41 6.1 +0.3
VXUS Vanguard Total International Stock ETF 0.1 7 43 8.2 +2.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 70 -20 7.9 +2.2
RSSL Global X Russell 2000 ETF 0.0 8 42 4.7 -1.0
DWM WisdomTree International Equity Fund 0.0 48 2 7.7 +2.0
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 10 7.7 +2.0
IWM iShares Russell 2000 ETF 0.0 19 31 4.7 -1.0
VTWO Vanguard Russell 2000 ETF 0.0 10 40 4.7 -1.0
IGE iShares North American Natural Resources ETF 0.0 41 9 8.1 +2.4
IEUR iShares Core MSCI Europe ETF 0.0 11 39 7.4 +1.7
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 11 6.9 +1.2
VT Vanguard Total World Stock ETF 0.0 7 43 6.2 +0.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 47 7.4 +1.6
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 -9 12.2 +6.5
IEMG iShares Core MSCI Emerging Markets ETF 0.0 9 41 10.8 +5.1
VGK Vanguard FTSE Europe ETF 0.0 11 39 7.4 +1.7
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 38 12 9.9 +4.1
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 15 10.0 +4.3
SPEU SPDR Portfolio Europe ETF 0.0 7 43 7.4 +1.7
VWO Vanguard FTSE Emerging Markets ETF 0.0 8 42 10.9 +5.2
IWV iShares Russell 3000 ETF 0.0 20 30 5.0 -0.7
VTHR Vanguard Russell 3000 ETF 0.0 10 40 5.1 -0.6
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 9 9.4 +3.7
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.0 85 -35 10.5 +4.7

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 Sprott Junior Gold Miners ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT
Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.8 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 5.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.