SGDM vs. EWC - ETF Comparison
SGDM - Sprott Gold Miners ETF
The Sprott Gold Miners ETF is an equity fund that tracks the Solactive Gold Miners Custom Factors Index, providing investors with exposure to a diversified portfolio of gold mining companies listed in Canada. The fund employs a fundamental investment strategy and a market capitalization weighting scheme, offering a blend of growth and value investing styles.
EWC - iShares MSCI Canada ETF
The iShares MSCI Canada ETF provides broad exposure to the Canadian equity market, with a market capitalization-weighted approach. The fund offers a diversified portfolio of Canadian stocks, with a focus on mega-cap companies. It can be used as a complement to developed market funds or for investors seeking exposure to the Canadian economy.
| SGDM | EWC | |
|---|---|---|
| Fund Name | Sprott Gold Miners ETF | iShares MSCI Canada ETF |
| Fund Provider | Sprott | BlackRock |
| Index | Solactive Gold Miners Custom Factors Index | MSCI Canada Custom Capped |
| Asset Class | Equity | Equity |
| Listing | US-listed | US-listed |
| Expense Ratio | 0.50% | 0.50% |
| Inception Date | 2014-07-15 | 1996-03-12 |
| Number Of Holdings | 37 | 88 |
| Region | Canada | Canada |
| Investment Style | Blend | Blend |
| Market Cap | Blend | Blend |
| Leveraged | Non-leveraged | Non-leveraged |
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Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Key Metrics
Performance Metrics
Risk Metrics
Detailed Returns
Benchmark Comparison
Performance Analysis
The performance analysis examines historical data to assess the returns of the investment strategy, including key metrics such as Cumulative returns, End of Year (EoY) returns, and risk-adjusted returns like the Sharpe ratio or the Sortino ratio.
Cumulative Returns
End of Year Returns Table
End of Year Returns
Risk Analysis
The risk analysis refers to an assessment of potential negative events that could lead to a loss of capital. Conducting a risk analysis can help in deciding whether an investment should be made. This is done using risk metrics such as drawdowns, volatility and beta which reflect stakeholders' confidence in the consistency of an investment strategy.
Drawdowns
Drawdowns Table
Monte Carlo Simulation
The Monte Carlo simulation is a statistical method used to forecast portfolio returns by generating a wide range of potential outcomes through random sampling from historical asset price data. It helps investors assess the potential risk and return of a portfolio under various market conditions. The simulation takes into account the initial investment and optionally simulates cash flow scenarios like fixed contributions, fixed withdrawals, or percentage withdrawals.
IMPORTANT: The forecast generated through Monte Carlo simulations is purely hypothetical and does not guarantee future returns. Investment decisions should be made with consideration of various factors, and past performance is not indicative of future results.