Sprott Junior Gold Miners ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$26.19
- Net Assets:$0 Million
- NAV:$26.89
- Premium-2.6%
- Peer Rank:25 of 32
- Investment Rating:E+
- Performance:E+
- RiskC
We rate Sprott Junior Gold Miners at E+. Negative factors that influence this rating include a well below average total return. The fund may be considered for investors seeking a Sector - Precious Metals strategy.
Total return ranks well below peers over the last three years. The Sprott Junior Gold Miners has returned an annual rate of 2.66% since inception. More recently, the fund has generated a total return of 1.29% in the last five years, -10.08% in the last three years, and -3.79% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 21% of them. It has also outpaced 7% of its competitors on a three year basis and 10% of them over the last year for the period ending 2/29/2024. On a year to date basis, SGDJ has returned -7.38%.
Downside risk has been above average. SGDJ has a draw down risk of -53.91%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 36.4%. This fund has experienced excessive volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As SGDJ is an exchange traded fund, it has no front end or back end load.
The Sprott Junior Gold Miners is managed by Ryan Mischker at Sprott Asset Management LP. This fund is one of 4 Sprott Asset Management LP exchange-traded funds launched since 3/2/1988 that we track.