SGDM ETF — Sprott Gold Miners ETF

Sprott Gold Miners ETF (SGDM)

Updated October 16, 2026.

SGDM is an ETF that tracks the Solactive Gold Miners Custom Factors Index. its distribution rate is 0.98%, its trailing-12-month yield is 0.98%, its expense ratio is 0.46%. Dividend Vision Distribution Safety Score™ is 87/100 (Safe). Total return is 233.8% over the past 12.3 years, 140.7 points behind SPY at 374.5%.

Sprott Gold Miners ETF tracks an index of gold mining companies based in the U.S. and Canada whose shares trade on major North American exchanges, investing at least 90% of its assets in index constituents. The fund has a modest current distribution rate and pays distributions annually, with an expense ratio of 0.46%. It appeals to investors seeking equity exposure to gold mining companies rather than the metals themselves.

SGDM performance versus SPY

Price and return data through 2026-10-16.

Total return is 233.8% over the past 12.3 years, 140.7 points behind SPY at 374.5%. Over the past year its total return — price change plus distributions reinvested — is 8.9%. Its deepest 1-year drawdown was 38.3%.

SGDM key facts

Distribution Safety Score™

87 · Safe

Safety-Adjusted Yield

0.85%

Issuer

Sprott

Asset type

ETF

Asset class

Equity

Inception date

07/14/2014

Expense ratio

0.46%

Distribution rate

0.98%

Distribution frequency

Annual

Trailing yield

0.98%

Last close

$74.09 (as of 2026-10-16)

AUM

$654,342,467

Average volume

27807.0

Dividend

$0.727

Ex-dividend date

12/18/2025

Payment date

12/22/2025

Beta

0.69

How Dividend Vision calculates yield and returns

Distribution rate (0.98%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.98%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. 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.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Sprott; Index: Solactive Gold Miners Custom Factors Index; 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.

SGDM risks and drawbacks

SGDM's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 38.3%.

Who may consider SGDM — and who may not

SGDM may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (SGDM pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on SGDM

• All tickers starting with S

Tagged: Gold, Metals.

Frequently asked questions

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