Sprott Junior Gold Miners ETF
ALTAR
Score™		 5.0% info Recommen-
dation		 NEUTRAL
2025E    2026E
P/E
ratio		 13.4x P/Sales
ratio		 2.6x
P/BV
ratio		 2.6x Div.
yield		 0.9%


  • 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) $181
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 24
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 5.9 %
K92 MINING, INC. 5.6 %
GREATLAND GOLD PLC 5.3 %
OCEANAGOLD CORP. 5.3 %
REGIS RESOURCES LTD 4.9 %
WESDOME GOLD MINES LTD 4.8 %
SPARTAN RESOURCE 4.3 %
MCEWEN MINING, INC. 4.3 %
SEABRIDGE GOLD INC 4.2 %
CENTERRA GOLD INC 4.2 %
Total 48.8 %

TOP COUNTRY EXPOSURE
AUSTRALIA 38.0 %
CANADA 34.3 %
SOUTH AFRICA 6.0 %
BRITAIN 3.3 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru June 30)
Year-to-date 1 year 5 years 10 years Since Incep.
49.5% 61.3% 7.9% 8.6% 9.1%

Market Correlations
versus... Beta R-squared
S&P500 0.64 10%
MSCI EAFE 1.11 31%
MSCI Emg. Mkts. 1.23 39%

Technical Indicators
Recent close $50.71
30d moving avg. $49.25
Annualized volatility 33.1%
Short interest (ETF) 0.7%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 29
Turnover 0.8%
Bid/Ask (% of price) 0.56%
ADV underlying (mns) $82

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 78 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™: 5.0%


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 31.4 65 -15 4.3 -0.7
AUMI Themes Gold Miners ETF 17.9 35 15 5.7 +0.7
GOAU U.S. Global GO GOLD and Precious Metal Miners ETF 14.1 60 -10 3.8 -1.1
GDXJ VanEck Junior Gold Miners ETF 11.5 52 -2 5.7 +0.7
SGDM Sprott Gold Miners ETF 8.1 50 0 4.0 -1.0
RING iShares MSCI Global Gold Miners ETF 7.1 39 11 5.6 +0.6
SILJ ETFMG Prime Junior Silver Miners ETF 6.4 69 -19 3.0 -2.0
SLVP iShares MSCI Global Silver Miners ETF 4.6 39 11 8.3 +3.3
GDX VanEck Gold Miners ETF 4.1 51 -1 4.4 -0.6
EPU iShares MSCI Peru and Global Exposure ETF 3.3 59 -9 7.2 +2.2
COLO Global X MSCI Colombia ETF 3.1 62 -12 18.1 +13.1
AGMI Themes Silver Miners ETF 3.0 35 15 6.4 +1.5
AVDV Avantis International Small Cap Value ETF 2.1 36 14 10.1 +5.2
FDTS First Trust Developed Markets ex-US Small Cap AlphaDEX Fund 1.7 80 -30 11.2 +6.3
GWX SPDR S&P International Small Cap ETF 1.6 40 10 6.3 +1.3
SIL Global X Silver Miners ETF 1.6 65 -15 3.7 -1.3
AVDS Avantis International Small Cap Equity ETF 1.2 30 20 7.6 +2.6
DFIS Dimensional International Small Cap ETF 1.0 39 11 7.4 +2.4
DISV Dimensional International Small Cap Value ETF 0.9 42 8 9.5 +4.5
FYLD Cambria Foreign Shareholder Yield ETF 0.9 59 -9 11.9 +6.9
COPA Themes Copper Miners ETF 0.9 35 15 6.3 +1.3
CCNR ALPS CoreCommodity Natural Resources ETF 0.7 39 11 11.4 +6.4
EWUS iShares MSCI United Kingdom Small Cap ETF 0.5 59 -9 7.4 +2.4
SCHC Schwab International Small-Cap Equity ETF 0.5 11 39 6.8 +1.8
SCZ iShares MSCI EAFE Small-Cap ETF 0.5 40 10 7.0 +2.0
PDN Invesco FTSE RAFI Developed Markets ex-US Small-Mid ETF 0.5 49 1 6.9 +2.0
VSS Vanguard FTSE All-World ex-US Small-Cap ETF 0.5 8 42 6.8 +1.9
DXIV Dimensional International Vector Equity ETF 0.4 34 16 8.0 +3.0
AVDE Avantis International Equity ETF 0.3 23 27 7.6 +2.6
ISCF iShares International SmallCap Equity Factor ETF 0.3 23 27 8.4 +3.4
DLS WisdomTree International SmallCap Dividend Fund 0.3 58 -8 8.4 +3.4
TLTD FlexShares Morningstar Developed Markets ex-US Factor Tilt 0.3 39 11 8.2 +3.2
DFIC Dimensional International Core Equity 2 ETF 0.3 23 27 7.6 +2.6
FNDC Schwab Fundamental International Small Co. Index ETF 0.3 39 11 5.9 +0.9
DFSI Dimensional International Sustainability Core 1 ETF 0.2 24 26 6.4 +1.4
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.2 30 20 8.1 +3.1
IPAC iShares Core MSCI Pacific ETF 0.2 9 41 6.7 +1.8
IEUS iShares MSCI Europe Small-Cap ETF 0.2 42 8 7.2 +2.3
VPL Vanguard FTSE Pacific ETF 0.2 7 43 7.1 +2.2
INTF iShares International Equity Factor ETF 0.2 15 35 7.8 +2.9
DFAI Dimensional International Core Equity Market ETF 0.1 18 32 7.3 +2.3
AVSD Avantis Responsible International Equity ETF 0.1 23 27 5.7 +0.7
DGS WisdomTree Emerging Markets SmallCap Dividend Fund 0.1 58 -8 9.7 +4.8
DFE WisdomTree Europe SmallCap Dividend Fund 0.1 58 -8 8.1 +3.1
IDEV iShares Core MSCI International Developed Markets ETF 0.1 4 46 7.2 +2.2
IXUS iShares Core MSCI Total International Stock ETF 0.1 7 43 8.0 +3.0
VTWV Vanguard Russell 2000 Value ETF 0.1 10 40 7.9 +2.9
IWN iShares Russell 2000 Value ETF 0.1 24 26 7.8 +2.8
IEFA iShares Core MSCI EAFE ETF 0.1 7 43 7.2 +2.2
AVEE Avantis Emerging Markets Small Cap Equity ETF 0.1 42 8 9.9 +4.9
EWX SPDR S&P Emerging Markets Small Cap ETF 0.1 65 -15 8.1 +3.2
VEA Vanguard FTSE Developed Markets ETF 0.1 3 47 7.3 +2.3
VSGX Vanguard ESG International Stock ETF 0.1 10 40 7.9 +2.9
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.1 9 41 5.9 +0.9
VXUS Vanguard Total International Stock ETF 0.1 5 45 8.0 +3.0
IGE iShares North American Natural Resources ETF 0.0 41 9 7.9 +2.9
EEMS iShares MSCI Emerging Markets Small Cap ETF 0.0 70 -20 7.8 +2.8
RSSL Global X Russell 2000 ETF 0.0 8 42 4.5 -0.4
DDWM WisdomTree Dynamic Currency Hedged International Equity Fund 0.0 40 10 7.6 +2.6
DWM WisdomTree International Equity Fund 0.0 48 2 7.5 +2.5
AVXC Avantis Emerging Markets Ex-China Equity ETF 0.0 33 17 8.6 +3.7
IWM iShares Russell 2000 ETF 0.0 19 31 4.6 -0.4
VTWO Vanguard Russell 2000 ETF 0.0 7 43 4.6 -0.4
MFDX PIMCO RAFI Dynamic Multi-Factor International Equity ETF 0.0 39 11 6.7 +1.8
VT Vanguard Total World Stock ETF 0.0 6 44 6.0 +1.0
IEUR iShares Core MSCI Europe ETF 0.0 11 39 7.3 +2.4
SPDW SPDR Portfolio Developed World ex-US ETF 0.0 3 47 7.2 +2.2
TLTE FlexShares Morningstar Emerging Markets Factor Tilt Index 0.0 59 -9 11.7 +6.8
VGK Vanguard FTSE Europe ETF 0.0 6 44 7.4 +2.4
IEMG iShares Core MSCI Emerging Markets ETF 0.0 9 41 10.5 +5.5
SPEU SPDR Portfolio Europe ETF 0.0 7 43 7.3 +2.4
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.0 38 12 9.4 +4.5
VWO Vanguard FTSE Emerging Markets ETF 0.0 7 43 10.6 +5.6
DFAE Dimensional Emerging Core Equity Market ETF 0.0 35 15 9.4 +4.5
VTHR Vanguard Russell 3000 ETF 0.0 7 43 5.0 +0.0
IWV iShares Russell 3000 ETF 0.0 20 30 4.9 -0.1
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 9 8.9 +3.9
CRIT Optica Rare Earths & Critical Materials ETF Optica Rare Eart 0.0 85 -35 9.9 +4.9

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%.

Content on this tab for subscribers only**

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

Content on this tab for subscribers only

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 12.8 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 50 bp
Equals: ALTAR Score 5.0 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.57 CATEGORY
AVERAGE		 1.57
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

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.