Sprott Junior Gold Miners ETF

SGDJ

Market cap $356M

As we move through the geopolitical challenges in the first quarter of 2026, the global financial landscape is witnessing a classic flight to safety. In addition to the current geopolitical friction, fluctuating central bank policies and a cautious outlook on global growth are reigniting demand for precious metals.

Gold and gold mining ETFs remain a 'buy' as structural drivers—central bank buying, de-dollarization, and fiscal deficits—support sustained high gold prices. Miners like Agnico Eagle, Newmont, and Kinross are generating record free cash flow, strengthening balance sheets, and increasing shareholder returns. Despite a 65% gold rally in 2025, miners still trade at valuations assuming lower gold prices, presenting a valuation gap and further upside potential.

Despite falling below $5,000 recently, it could be an opportune time to strike and purchase the dip in gold prices. Fundamental demand drivers could continue to push the precious metal higher through the rest of the year.

Gold and silver were not the only metals to see breakout performances in the later half of 2025.  Much like these other metals, copper also closed out last year in a highly favorable position.

Sprott Junior Gold Miners ETF (SGDJ) targets upper-junior and lower-mid-cap gold miners, not simply smaller versions of GDX's senior producers. SGDJ employs a two-factor selection—revenue growth for producers, price momentum for explorers—resulting in high volatility and outsized, timing-dependent returns. Distributions are irregular and stem from capital gains, not income; SGDJ should be viewed as a capital appreciation vehicle, not a yield instrument.

It's no secret that the price of gold has seen a significant rally throughout the later months of 2025.

Gold's rally shows no signs of fading. With rate cuts looming, dollar weakening and bullish forecasts in sight, here are the ETFs that investors can use to ride the trend.

Silver and gold have delivered extraordinary momentum in 2025, driven by soaring spot prices and supportive monetary signals, including a near-90% implied probability of a December 10 rate cut. While miner ETFs can outperform their underlying metals during strong bull cycles, they also carry amplified downside risk, which is greater now as silver and gold trade near all-time highs. Year-to-date, my five silver and gold ETFs are up an average of 153% and offer an average five-year dividend growth rate of nearly 26%.

Gold prices hit an apex in October before taking a breather as 2025 winds down — a chance for investors to buy the dip. This could be a golden opportunity to get exposure to a pair of ETFs before another rally ensues: the Sprott Physical Gold Trust (PHYS) and the Sprott Gold Miners ETF (SGDM).

The holiday season not only presents an opportunity to spend time with loved ones, it also allows investors to tilt their portfolios towards assets that can capture short-term upside. One of those is gold.