It is not a secret that gold and silver miners exchange-traded funds are topping their physically-backed counterparts in significant fashion this year. For example, the Market Vectors Gold Miners ETF (NYSE: GDX), the largest gold miners ETF, is up about 65 percent year-to-date, or more than triple the returns offered by the SPDR Gold Shares (NYSE: GLD).
Sprott Gold Miners ETF
Nearly all of the top 10 non-leveraged ETFs in terms of year-to-date performance are gold or silver miners funds, a group that includes the Sprott Gold Miners ETF (ALPS ETF Trust (NYSE: SGDM)). SGDM, which is nearly two years old, represents a different approach to gold miners ETFs, most of which are traditional cap-weighted funds.
SGDM's underlying index “seeks to emphasize gold stocks ...
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