Sprott Junior Gold Miners ETF
ALTAR
Score™		 5.5% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 12.5x P/Sales
ratio		 2.2x
P/BV
ratio		 2.2x Div.
yield		 0.0%


  • 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) $0
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
BUMI RESOURCES MINERALS TBK 8.3 %
SSR MINING INC 7.8 %
ORLA MINING LTD. 6.9 %
DE GREY MINING LTD 6.3 %
GOLD ROAD RESOURCES LIMITED 6.1 %
ARTEMIS GOLD INC 5.7 %
NEW GOLD INC 5.6 %
WESDOME GOLD MINES LTD 5.1 %
CALIBRE MINING CORP. 5.1 %
WESTGOLD RESOURCES LTD 5.0 %
Total 61.9 %

TOP COUNTRY EXPOSURE
0.0 %











HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
11.6% 41.7% 8.7% -- 6.2%

Market Correlations
versus... Beta R-squared
S&P500 1.02 25%
MSCI EAFE 1.38 47%
MSCI Emg. Mkts. 1.36 46%

Technical Indicators
Recent close $41.84
30d moving avg. $39.87
Annualized volatility 34.8%
Short interest (ETF) 0.9%
Relative strength (RSI) 59

Liquidity measures
Avg. volume (thou.) 22
Turnover 0.6%
Bid/Ask (% of price) 0.56%
ADV underlying (mns) $82

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 90 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™: 5.5%


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 45.8 65 -15 4.6 -0.9
AUMI Themes Gold Miners ETF 25.9 35 15 5.8 +0.2
GDXJ VanEck Junior Gold Miners ETF 21.2 52 -2 4.9 -0.6
SGDM Sprott Gold Miners ETF 20.4 50 0 4.7 -0.9
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 16.9 60 -10 4.2 -1.3
RING iShares MSCI Global Gold Miners ETF 12.2 39 11 5.8 +0.3
GDX VanEck Gold Miners ETF 8.1 51 -1 4.5 -1.0
SILJ ETFMG Prime Junior Silver Miners ETF 7.7 69 -19 2.7 -2.8
SLVP iShares MSCI Global Silver Miners ETF 6.8 39 11 5.8 +0.3
ARGT Global X MSCI Argentina ETF 4.4 59 -9 4.2 -1.3
AVDV Avantis International Small Cap Value ETF 3.4 36 14 10.9 +5.4
GWX SPDR S&P International Small Cap ETF 2.8 40 10 6.7 +1.2
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 2.3 80 -30 11.8 +6.2
DISV Dimensional International Small Cap Value ETF 2.0 42 8 9.7 +4.1
CCNR ALPS CoreCommodity Natural Resources ETF 2.0 39 11 11.0 +5.5
AGMI Themes Silver Miners ETF 1.8 35 15 3.1 -2.5
IDX VanEck Indonesia Index ETF 1.7 57 -7 8.4 +2.9
DFIS Dimensional International Small Cap ETF 1.6 39 11 7.9 +2.3
LIVR Intelligent Livermore ETF 1.6 69 -19 8.2 +2.7
CGV Conductor Global Equity Value ETF 1.5 130 -80 9.2 +3.6
EIDO iShares MSCI Indonesia ETF 1.2 59 -9 8.5 +3.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 1.1 49 1 7.3 +1.8
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 1.0 39 11 8.3 +2.8
SCHC Schwab International Small-Cap Equity ETF 1.0 11 39 7.1 +1.6
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 1.0 7 43 7.0 +1.5
FTRI First Trust Indxx Global Natural Resources Income ETF 0.9 70 -20 8.6 +3.1
SCZ iShares MSCI EAFE Small-Cap ETF 0.8 40 10 7.4 +1.9
FYLD Cambria Foreign Shareholder Yield ETF 0.8 59 -9 12.5 +7.0
EWUS iShares MSCI United Kingdom Small Cap ETF 0.8 59 -9 7.4 +1.9
COPY Tweedy, Browne Insider + Value ETF 0.8 80 -30 12.6 +7.1
SIL Global X Silver Miners ETF 0.7 65 -15 3.4 -2.1
EPU iShares MSCI Peru and Global Exposure ETF 0.7 59 -9 7.7 +2.2
ISCF iShares International SmallCap Equity Factor ETF 0.7 23 27 8.6 +3.1
FNDC Schwab Fundamental International Small Co. Index ETF 0.6 39 11 6.3 +0.8
FEMS First Trust Emerging Markets Small Cap AlphaDEX Fund 0.5 80 -30 13.6 +8.1
AVDE Avantis International Equity ETF 0.5 23 27 8.0 +2.5
DFIC Dimensional International Core Equity 2 ETF 0.4 23 27 7.9 +2.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 0.4 29 21 7.4 +1.9
NANR SPDR S&P North American Natural Resources ETF 0.4 35 15 8.4 +2.9
VFVA Vanguard U.S. Value Factor ETF 0.4 13 37 11.7 +6.1
AVSD Avantis Responsible International Equity ETF 0.4 23 27 6.8 +1.3
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.3 30 20 8.6 +3.1
DLS WisdomTree International SmallCap Dividend Fund 0.3 58 -8 8.9 +3.4
DFSI Dimensional International Sustainability Core 1 ETF 0.3 24 26 6.6 +1.1
IPAC iShares Core MSCI Pacific ETF 0.3 9 41 7.1 +1.6
VPL Vanguard FTSE Pacific ETF 0.2 8 42 7.7 +2.1
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 8 7.2 +1.6
DFAI Dimensional International Core Equity Market ETF 0.2 18 32 7.6 +2.0
IDEV iShares Core MSCI International Developed Markets ETF 0.2 4 46 7.4 +1.8
EWX SPDR S&P Emerging Markets Small Cap ETF 0.2 65 -15 8.1 +2.5
IXUS iShares Core MSCI Total International Stock ETF 0.2 7 43 8.3 +2.8
PICK iShares MSCI Global Metals & Mining Producers ETF 0.1 39 11 14.1 +8.6
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 -8 8.4 +2.9
VEA Vanguard FTSE Developed Markets ETF 0.1 5 45 7.6 +2.0
VSGX Vanguard ESG International Stock ETF 0.1 12 38 8.2 +2.6
IEFA iShares Core MSCI EAFE ETF 0.1 7 43 7.4 +1.8
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 41 6.1 +0.6
COPA Themes Copper Miners ETF 0.1 35 15 9.0 +3.5
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.1 70 -20 7.8 +2.3
VXUS Vanguard Total International Stock ETF 0.1 7 43 8.3 +2.8
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 0.1 39 11 5.4 -0.1
IWN iShares Russell 2000 Value ETF 0.1 24 26 5.8 +0.2
VTWV Vanguard Russell 2000 Value ETF 0.1 15 35 5.9 +0.4
XC WisdomTree Emerging Markets Ex-China Fund 0.1 32 18 5.5 -0.0
XCNY SPDR S&P Emerging Markets ex-China ETF 0.1 15 35 0.0 -5.5
DFEV Dimensional Emerging Markets Value ETF 0.0 43 7 14.5 +8.9
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 47 7.5 +2.0
PXF Invesco FTSE RAFI Developed Markets ex-U.S. ETF 0.0 45 5 9.3 +3.8
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 10 7.5 +2.0
DWM WisdomTree International Equity Fund 0.0 48 2 7.7 +2.2
VT Vanguard Total World Stock ETF 0.0 7 43 6.3 +0.8
IWM iShares Russell 2000 ETF 0.0 19 31 3.6 -1.9
VTWO Vanguard Russell 2000 ETF 0.0 10 40 3.8 -1.7
IGE iShares North American Natural Resources ETF 0.0 41 9 7.7 +2.1
RSSL Global X Russell 2000 ETF 0.0 8 42 3.6 -1.9
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 11 7.0 +1.4
VWO Vanguard FTSE Emerging Markets ETF 0.0 8 42 10.9 +5.4
IEUR iShares Core MSCI Europe ETF 0.0 11 39 7.4 +1.9
SPEM SPDR Portfolio Emerging Markets ETF 0.0 7 43 10.9 +5.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 38 12 9.9 +4.4
IEMG iShares Core MSCI Emerging Markets ETF 0.0 9 41 10.9 +5.4
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 15 10.2 +4.7
AVEM Avantis Emerging Markets Equity ETF 0.0 33 17 9.7 +4.1
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 -9 13.7 +8.2
ONEQ Fidelity Nasdaq Composite Index ETF 0.0 21 29 4.3 -1.3
VGK Vanguard FTSE Europe ETF 0.0 11 39 7.5 +2.0
SPEU SPDR Portfolio Europe ETF 0.0 7 43 7.5 +1.9
IWV iShares Russell 3000 ETF 0.0 20 30 5.0 -0.5
VTHR Vanguard Russell 3000 ETF 0.0 10 40 5.2 -0.4
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.0 85 -35 8.0 +2.5

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:

NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.4 %
Divided by: Fwd. P/BV 2.1 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 5.5 %
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.