RocketshipThis microcap mining ETF is clearly on fire. I'm late to the party but I think I'm getting in. Most of its big holdings are small miners that are on foreign exchanges. It's a good time to be in gold anyhow.
Key stats
About Sprott Junior Gold Miners ETF
Home page
Inception date
Mar 31, 2015
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
SGDJ offers exposure to equity in small-cap gold mining firms. These juniors have low gold production (developers) or none-as-yet (explorers). The weighting scheme starts with market-cap weights, and then adds or subtracts weight based on 12-month revenue growth for developers and 12-month price momentum for explorers. Firms with favorable scores receive more weight, while those with lower scores have weights removed, but apparently are still retained in the index. Maximum single position is 9% at rebalance (with additional RIC concentration screens). The index is reconstituted and rebalanced semi-annually. Note: Prior to July 22, 2019, the fund tracked the Sprott Zacks Junior Gold Miners Index.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.