SGDM vs. COPA ETF Comparison

Comparison of Sprott Gold Miners ETF (SGDM) to Themes Copper Miners ETF (COPA)

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

$30.03

Average Daily Volume

30,733

Number of Holdings ^*

* may have additional holdings in another (foreign) market

COPA

Themes Copper Miners ETF

COPA Description

COPA invests in companies with substantial exposure to the copper mining industry. It uses a replication strategy, aiming to own the same stocks in the same proportion as its underlying index. The index is comprised of global firms classified under the subthemes copper mining, exploration, refining, and royalties. It is constructed based on revenue exposure as derived from the copper mining industry to identify Purity Leaders and Revenue Leaders. The former is defined as having a thematic exposure score equal to or greater than 30% of their total revenue, while the latter being in the top 5 companies ranked by their thematic revenue dollar amount. Final constituents are weighted based on market-cap, modified by thematic exposure using revenue. Country capping constraints and flooring conditions are also implemented to ensure proper allocation to significant revenue earners. The index is reconstituted and rebalanced quarterly starting in March.

Grade (RS Rating)

Last Trade

$25.48

Average Daily Volume

660

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SGDM	COPA
30 Days	-11.50%	-6.43%
60 Days	-6.07%
90 Days	-2.84%
12 Months	26.44%

0 Overlapping Holdings

	Symbol	Grade	Weight in SGDM	Weight in COPA	Overlap

SGDM Overweight 7 Positions Relative to COPA

Symbol	Grade	Weight
NEM	D	11.96%
GOLD	C	8.34%
RGLD	C	4.33%
ORLA	C	4.06%
GFI	D	1.2%
CDE	C	0.53%
HMY	C	0.45%

SGDM Underweight 4 Positions Relative to COPA

Symbol	Grade	Weight
FCX	F	-9.95%
SCCO	F	-4.17%
IE	D	-2.8%
BVN	F	-2.36%

SGDM: Top Represented Industries & Keywords

Industries: Gold

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

COPA: Top Represented Industries & Keywords

Industries: Copper Industrial Metals & Minerals Software - Application