SGDJ
Sprott Junior Gold Miners ETF
📎 Investment Objective
The Sprott Junior Gold Miners ETF (SGDJ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Solactive Junior Gold Miners Custom Factors Index.
Overview
ETF tracking Sprott Junior Gold Miners ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Sprott Junior Gold Miners ETF (SGDJ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Solactive Junior Gold Miners Custom Factors Index.
🎯 Investment Strategy
The ETF invests primarily in a portfolio of equity securities of small-capitalization gold mining companies. The index uses a rules-based methodology to select and weight junior gold mining companies based on factors such as revenue growth, cash flow growth, and price momentum.
✨ Key Features
- Focuses on small-cap gold mining companies, which can provide higher growth potential but also higher volatility
- Uses a factor-based index methodology to identify promising junior gold mining stocks
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration in the gold mining industry, which can be volatile and subject to commodity price swings
- Exposure to small-cap companies, which may have greater price fluctuations and lower liquidity
- Potential for higher risk and volatility compared to broader market or large-cap gold mining funds
- Limited performance history makes it difficult to evaluate long-term returns
👤 Best For
The Sprott Junior Gold Miners ETF may be suitable for investors seeking exposure to the junior gold mining sector as part of a diversified portfolio. Due to the higher risk and volatility, it is best suited for investors with a higher risk tolerance and a longer investment horizon.