SGDM vs GLD: Gold ETF Showdown
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Sprott Gold Miners ETF (SGDM) outperforms SPDR Gold Shares (GLD) with a 106.4% return vs. 50% over the past year. SGDM offers a 0.76% dividend yield, while GLD has none. SGDM invests in gold mining companies, while GLD tracks physical gold bars. SGDM has a lower beta (0.53 vs. 0.67) but a higher max 5-year drawdown (49.9% vs. 22%). A $1000 investment in SGDM grew to $2813 over 5 years, edging out GLDs $2651. Choose based on your risk tolerance - pure gold safety with GLD or miner upside with SGDM, or mix both for balance.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/6f71501153a5fb0c