Sprott Active Gold & Silver Miners ETF
$45.34−0.83 (−1.81%)
- 0.90%
- $174M
- +23.5%
- 0M sh
- $46.23
- low $33.93high $59.02
The ETF.net GBUG Grade
D
Score 32 out of 100
- 16 of 18
Score 32 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F6 out of 100Rank 17 of 18Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C53 out of 100Rank 9 of 17Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D36 out of 100Rank 9 of 18Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A79 out of 100Rank 4 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D32 out of 100Rank 13 of 18
Our read on GBUG
DSprott is a precious-metals house first, an ETF shop second. GBUG is its stock-picker answer to index miner funds: an actively managed, value-oriented and contrarian book of roughly 50 gold and silver miners, explorers and royalty names.
The ETF is actively managed and seeks long-term capital appreciation by investing in shares of companies focused on gold and silver exploration, development, mining, royalty, and streaming activities.
Why people hold it
- Actively managed on a value-oriented, contrarian screen, so the book can lean toward beaten-up miners instead of whatever the market-cap index says is biggest.
- The mandate covers the whole chain: exploration, development, mining, royalty and streaming companies, not just the big producers.
- Roughly 50 holdings from a firm whose entire business is precious metals, so each pick carries real weight in the portfolio.
Worth knowing
- Charges 0.90% a year, above the typical fund in the miners group; index rivals like GDX and RING run meaningfully cheaper.
- Launched in 2025, so the manager's record in this wrapper is short and any read on its risk profile rests on limited history.
- Thinly traded with a modest asset base, so spreads can run wider than the household-name miner ETFs.
GBUG Holdings
- Stocks
- 45
- 40%
- DPM.TO
Geography
- Canada63.72%
- Australia19.25%
- United States14.17%
- South Africa1.66%
- Peru1.19%
Developed 97% · Emerging 3%
GBUG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
GBUG$12,354
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | GBUG |
|---|---|
| Year to date | +5.7% |
| 1 month | −8.3% |
| 3 months | +17.6% |
| 1 year | +23.5% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | GBUG |
|---|---|---|
| 2026 YTD | +5.7% | |
| 2025 | +118.9% |
GBUG in the news
GBUG Dividends
- $0.68 per share
- Irregular
Distribution data unavailable.
Distribution history
GBUG Risk
- 49.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.35
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −37.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.14
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
GBUG Cost
0.90%
GBUG0.90%
- The middle half of Precious Metals Miners funds
- Median 0.52%
16 of the 18 Precious Metals Miners funds charge less.
Other funds in Precious Metals Miners
- CSILGlobal X - Silver Miners ETFExpense ratio 0.65%1 year return +23.0%
- CSILJAmplify Junior Silver Miners ETFExpense ratio 0.69%1 year return +17.6%
- CGOEXGlobal X - Gold Explorers ETFExpense ratio 0.65%1 year return +21.4%
- CSLVRSprott Silver Miners & Physical Silver ETFExpense ratio 0.65%1 year return +24.1%
- FSLVXNicholas Silver Income ETFExpense ratio 1.16%1 year return —