GDX vs. SGDM ETF Comparison

Comparison of Market Vectors Gold Miners ETF (GDX) to Sprott Gold Miners ETF (SGDM)

GDX

Market Vectors Gold Miners ETF

GDX Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts of companies involved in the gold mining industry. Such companies may include medium-capitalization companies and foreign issuers. The fund normally invests at least 80% of its total assets in securities that comprise the Gold Miners Index. It may also utilize convertible securities and participation notes to seek performance that corresponds to the Gold Miners Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.58

Average Daily Volume

27,893,935

Number of Holdings ^*

11

* may have additional holdings in another (foreign) market

SGDM

Sprott Gold Miners ETF

SGDM Description

The investment seeks results that correspond (before fees and expenses) generally to the performance of the Sprott Zacks Gold Miners Index. The index aims to track the performance of gold and silver mining companies whose stocks are traded on major U.S. exchanges. In addition to common stock or American Depository Receipts of gold mining companies, the index may include common stock or ADRs of silver mining companies. The fund will normally invest at least 90% of its net assets in securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.20

Average Daily Volume

37,670

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	GDX	SGDM
30 Days	11.69%	9.81%
60 Days	31.73%	28.40%
90 Days	23.19%	19.35%
12 Months	3.83%	-5.66%

8 Overlapping Holdings

	Symbol	Grade	Weight in GDX	Weight in SGDM	Overlap
	CDE	A	0.67%	0.53%	0.53%
	FSM	A	0.56%	0.38%	0.38%
	GFI	A	4.94%	2.35%	2.35%
	GOLD	A	7.65%	11.23%	7.65%
	HMY	A	2.21%	0.48%	0.48%
	IAG	A	0.71%	0.44%	0.44%
	NEM	A	11.45%	12.45%	11.45%
	RGLD	A	3.2%	4.62%	3.2%

GDX Overweight 3 Positions Relative to SGDM

	Symbol	Grade	Weight
	BVN	A	1.64%
	HL	B	1.3%
	DRD	B	0.28%

GDX Underweight 1 Positions Relative to SGDM

	Symbol	Grade	Weight
	ORLA	A	-2.87%

GDX: Top Represented Industries & Keywords

Industries: Gold Industrial Metals & Minerals Silver

Keywords: Mining Gold Copper Gold Mining Molybdenum Silver Silver Mining In The United States Base Metal Bullion Electrical Transmission Harmony Gold Iamgold Lead Metals Precious And Base Metal S&P 500 Smelting Ssr Mining Inc. Zinc Zinc Mining

SGDM: Top Represented Industries & Keywords

Industries: Gold Silver

Keywords: Mining Gold Copper Gold Mining Molybdenum Silver Harmony Gold Iamgold Lead Mineral Exploration S&P 500 Silver Mining In The United States Smelting Ssr Mining Inc. Zinc Zinc Mining