Which Is the Better Precious Metals Mining ETF: Sprott's SGDM or iShares' SLVP?
iShares silver miners ETF offers lower costs and higher dividend yield, but carries more volatility than Sprott's gold-focused alternative.
Overview
Sprott Gold Miners ETF (NYSEMKT:SGDM) targets North American gold producers, while the iShares MSCI Global Silver and Metals Miners ETF (NYSEMKT:SLVP) offers lower-cost exposure to global silver and metal miners.
Investors looking to hedge against inflation or diversify with precious metals often turn to miners. While both of these exchange-traded funds concentrate on the basic materials sector, they offer exposure to different underlying metals and regional markets. This comparison examines how their costs, yields, and portfolios differ.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.