GBUG ETF — Sprott Active Gold & Silver Miners ETF

Sprott Active Gold & Silver Miners ETF (GBUG)

GBUG is an ETF. its trailing-12-month yield is 1.38%, its expense ratio is 0.90%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 147.9% over the past 1.6 years, 118.7 points ahead of SPY at 29.2%.

Sprott Active Gold & Silver Miners ETF is an actively managed fund that invests primarily in global gold and silver mining companies, including producers, developers, and royalty or streaming businesses, employing a value-oriented and contrarian strategy across the market-cap spectrum. The fund carries a modest expense ratio and distributes annually, though its most recent distribution was special and may not recur on a regular basis. This fund appeals to investors seeking active management exposure to precious metals miners rather than passive index tracking.

GBUG performance versus SPY

Price and return data through 2026-09-21.

Total return is 147.9% over the past 1.6 years, 118.7 points ahead of SPY at 29.2%. Over the past year its total return — price change plus distributions reinvested — is 42.8%. Its deepest 1-year drawdown was 37.4%.

GBUG key facts

Distribution Safety Score™

50 · Unproven

Issuer

Sprott

Asset type

ETF

Asset class

Equity

Inception date

02/19/2025

Expense ratio

0.90%

Distribution frequency

Annual

Trailing yield

1.38%

Last close

$49.45 (as of 2026-09-21)

NAV

$50.01

Premium / discount

1.12% discount

AUM

$191,521,721

Average volume

12601.0

Last dividend

$0.68

Last ex-dividend date

12/18/2025 (as of 2025-12-18)

Last payment date

12/22/2025 (as of 2025-12-22)

Beta

1.7995

P/E ratio

15.1509

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (1.38%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Sprott or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GBUG risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 37.4%.

Who may consider GBUG — and who may not

It is a weaker fit for investors who need monthly cash flow (GBUG pays annual); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Sprott.