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GBUG Sprott Active Gold & Silver Miners ETF

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$42.97
+0.3% · 1 day, price
IQ’s readingComputed nightly from ETFIQ data. Not written live.

Over the year to Oct 28, 2026, GBUG returned 23.0%.

What drove GBUG’s returns?What does GBUG hold that the S&P 500 does not?What do GBUG’s net flows of +$109m over the since Jan 2025 mean?
Holds 43 stocks in gold miners, 3% of its weight in S&P 500 companiesSprott ↗Expense ratio 0.90%Fund assets $158m on Oct 28, 2026First traded Feb 20, 2025Benchmark Its own holdings, as of Oct 28, 2026; its shareholder report compares it with the S&P 500 Total Return Index, but its daily returns fit VOO's at R-squared 0.27 over the year to Oct 28, 2026 (251 days), under the 0.35 it needs to return to itFund page at the issuer ↗SEC filings ↗Every Sprott fund ETFIQ coversDividend history

Promise check: Not measuredIts theme exposure is measured once ETFIQ defines its theme company by company.

Compare with…Trading costsPut to the committeeaskIQ about GBUGAdd to portfolioOverlapFlowsAlerts

GBUG risk and return scorecard

vs its own holdings

Not measured: its benchmark is its own holdings, which has no weekly price series.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent Method · Data

Money in and out

Net fund flows · Jun 30, 2026
12 months to Jun 30, 2026
+$69.2m
Since Jan 2025
+$109m
askIQ: what do these flows mean? ↗

What you earned

GBUG −8.0%: total return over one month to Oct 28, 2026.
GBUG−8.0%
GBUG +11.1%: total return over three months to Oct 28, 2026.
GBUG+11.1%
GBUG 0.0%: total return over six months to Oct 28, 2026.
GBUG0.0%
GBUG −1.6%: total return over the year to Oct 28, 2026.
GBUG−1.6%
GBUG +23.0%: total return over one year to Oct 28, 2026.
GBUG+23.0%
GBUG +115.4%: total return since launch to Oct 28, 2026.
GBUG+115.4%
askIQ: what drove GBUG’s returns? ↗

What did you actually buy?

Gold miners · holdings as of Oct 28, 2026
3.4%
Already in the S&P 500
Report
99.8%
Active share vs the S&P 500
Report
39.1%
Top ten holdings
Report
+23.0%
Total return, 1 year
Report
1.9%
12-month yield, capital gains included, on its starting price
Report
$0.6799
Last payment, ex-date Dec 18, 2025
Report
Share already in the S&P 500
3.4% of the fund by weight, holdings as of Oct 28, 2026.
Ten largest holdings
DPM Metals Inc.5.0%
G Mining Ventures Corp.4.5%
Discovery Mining Ltd.4.4%
Northern Star Resources Ltd.4.0%
IAMGOLD Corp.3.9%
Montage Gold Corp.3.6%
Eldorado Gold Corp.3.5%
Newmont Corp.3.4%
Wesdome Gold Mines Ltd.3.4%
Ramelius Resources Ltd.3.4%
askIQ: what does GBUG hold that the S&P 500 does not? ↗

More on GBUG

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Price, 1 year

$42.97+0.3%1 day, priceClose, Oct 28, 2026

Price only. Total return over the same days, distributions reinvested, was +23.0%. Computed by ETFIQ from Tiingo daily prices.

Source: Tiingo end-of-day prices. Data as of Oct 28, 2026. Updated every trading night. Report a data error

GBUG returns by window: total return, cash paid and price change
WindowTotal returnS&P 500 (SPY)
1M Sep 28 – Oct 28, 2026−8.0%+0.9%
3M Jul 29 – Oct 28, 2026+11.1%+6.1%
6M Apr 29 – Oct 28, 20260.0%+9.1%
YTD Dec 31, 2025 – Oct 28, 2026−1.6%+14.1%
1Y Oct 28, 2025 – Oct 28, 2026+23.0%+13.6%
Since launch Feb 20, 2025 – Oct 28, 2026+115.4%+29.0%
Since launch, annualised Feb 20, 2025 – Oct 28, 2026+57.7%–

Total returns, distributions reinvested. Listed Feb 2025: no 3 years windows.

Source: Tiingo end-of-day prices, with distributions reinvested.

Money in and out

Monthly data · as of Jun 30, 2026

GBUG: in the month to Jun 30, 2026, net $2.9m went out, by its SEC filing.

12 months
+$69.2m
150.9% of $45.8m on Jun 30, 2025
Jul 1, 2025 to Jun 30, 2026
monthly, from SEC filings
Since Jan 2025
+$109m
Jan 1, 2025 to Jun 30, 2026
monthly, from SEC filings

Computed by ETFIQ from the monthly sales and redemptions GBUG files with the SEC on Form N-PORT.

How this is computed

ETFIQ reads no daily data for this fund, so its flows are monthly, and the latest month filed is Jun 2026. Every day and month ETFIQ holds for GBUG, back to Jan 2025, is in its flows file. Flows across every fund · How these flows are computed · Compare GBUG with other funds in the flows tool

Month by month, money in and money outJan 2025 to Jun 2026

GBUG, money in and money out each month from Jan 2025 to Jun 2026: two bars a month, money in above the line and money out below. Every bar is from GBUG’s SEC filings (N-PORT item B.6). Of the 18 months listed, money came in on net in 12 and went out in 5.

Every bar is from GBUG’s SEC filings (N-PORT item B.6). Of the 18 months listed, money came in on net in 12 and went out in 5.

MonthInOutNet
Jun 2026 SEC Form N-PORT$0−$2.9m−$2.9m
May 2026 SEC Form N-PORT$0−$2.8m−$2.8m
Apr 2026 SEC Form N-PORT+$1.4m−$3.6m−$2.2m
Mar 2026 SEC Form N-PORT+$10.8m−$14.1m−$3.3m
Feb 2026 SEC Form N-PORT+$4.0m−$14.8m−$10.7m
Jan 2026 SEC Form N-PORT+$33.2m$0+$33.2m
Dec 2025 SEC Form N-PORT+$11.0m$0+$11.0m
Nov 2025 SEC Form N-PORT+$7.7m−$3.0m+$4.7m
Oct 2025 SEC Form N-PORT+$16.3m−$4.3m+$12.0m
Sep 2025 SEC Form N-PORT+$22.1m−$3.5m+$18.6m
Aug 2025 SEC Form N-PORT+$13.1m−$3.7m+$9.4m
Jul 2025 SEC Form N-PORT+$4.1m−$1.8m+$2.3m
Jun 2025 SEC Form N-PORT+$5.0m$0+$5.0m
May 2025 SEC Form N-PORT+$3.9m$0+$3.9m
Apr 2025 SEC Form N-PORT+$9.4m$0+$9.4m
Mar 2025 SEC Form N-PORT+$15.5m$0+$15.5m
Feb 2025 SEC Form N-PORT+$5.8m$0+$5.8m
Jan 2025 SEC Form N-PORT$0$0$0

Most recent first.

How this is computed

N-PORT months: money in is sales plus reinvestments; money out is redemptions.

N-PORT months are the filed sales plus reinvestments less redemptions. Later months add up the daily data; the Source column names any missing day.

Source: ETFIQ, from the fund’s SEC N-PORT filings. Data as of Jun 30, 2026. Updated when the fund files its next report.

GBUG key stats

52-week high, daily closes to Oct 28, 2026 (ETFIQ)$58.18 on Feb 27, 2026
52-week low, daily closes to Oct 28, 2026 (ETFIQ)$34.01 on Nov 4, 2025
Close on Oct 28, 2026, within that range (ETFIQ)$42.97, 37% of the way from the low to the high
Holdings43
Top ten holdings weight39.1%
Range, beta and R-squared computed by ETFIQ from Tiingo daily prices.

Trading

as of Oct 27, 2026
Trading · GBUGas of Oct 27, 2026
·
Not scored2 of 6 measured · Oct 27, 2026
0 · Hard to tradeIQ Liquidity Score100 · Trades like a giant
Cost for your order · one way, half its 30-day median spread
$1,000$1.800.18%
$10,000$180.18%
How to tradeSpread not read.
Full trading page: components, premium history, dealers →

GBUG top ten by weight, 39.1% of the fund, of its 43 equity positions, from the holdings published by its issuer for Oct 28, 2026. Source: the issuer’s own daily file.

DPM Metals Inc. DPM 5.04%
G Mining Ventures Corp. GMIN 4.52%
Discovery Mining Ltd. DSV 4.38%
Northern Star Resources Ltd. NST 3.96%
IAMGOLD Corp. IAG 3.92%
Montage Gold Corp. MAU 3.56%
Eldorado Gold Corp. EGO 3.54%
Newmont Corp. NEM 3.41%
Wesdome Gold Mines Ltd. WDO 3.40%
Ramelius Resources Ltd. RMS 3.36%
Holdings, the issuer’s own daily file ↗See all 43 holdings →Check overlap with another fund →

Source: Sprott’s daily holdings file. Updated each trading day. Last checked Oct 28, 2026.

About GBUG

Theme (ETFIQ, editorial)Gold miners
First tradedFeb 20, 2025
Already in the S&P 500, by weight (ETFIQ)3.4%
Outside the S&P 500, by weight (ETFIQ)97%
Active share vs the S&P 500 (ETFIQ)99.8%
Already in the Nasdaq-100, by weight (ETFIQ)0.0%
Active share vs the Nasdaq-100 (ETFIQ)100.0%
Top ten holdings weight39.1%
Holdings43
Holdings published for (the issuer’s daily file)Oct 28, 2026
Holdings as of the close of (the issuer’s daily file)Oct 28, 2026
Top holdingsDPM Metals Inc. 5.0%, G Mining Ventures Corp. 4.5%, Discovery Mining Ltd. 4.4%, Northern Star Resources Ltd. 4.0%, IAMGOLD Corp. 3.9%, Montage Gold Corp. 3.6%, Eldorado Gold Corp. 3.5%, Newmont Corp. 3.4%, Wesdome Gold Mines Ltd. 3.4%, Ramelius Resources Ltd. 3.4%
Net assets (issuer page, as of Oct 28, 2026)$158mReport
Benchmark (ETFIQ, from its filings)Its own holdings, as of Oct 28, 2026; its shareholder report compares it with the S&P 500 Total Return Index, but its daily returns fit VOO's at R-squared 0.27 over the year to Oct 28, 2026 (251 days), under the 0.35 it needs to return to it
Below its all-time high (ETFIQ)−26.1%
Expense ratio (485BPOS XBRL, Apr 30, 2026)0.90%Report
Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ)0.90%
Closest funds by holdings overlapGOEX 48%, AUMI 46%, GDX 38%, SGDM 37%, AUAU 37%
Below its all-time high26.1%, high on Feb 27, 2026
How we measure
The top ten holdings are 39% of the fund across 43 positions, as published by its issuer for Oct 28, 2026. Over the year to Oct 28, 2026 the fund returned +23.0% with distributions reinvested. It sits 26.1% below its all-time high of Feb 27, 2026.
Holdings from the file the issuer publishes daily; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested. Method
IQ Investment Committee on GBUG

12 seats on GBUG, as of Oct 28, 2026: 1 Supports, 5 Challenges, 6 Not enough data.

In the tradition ofJohn BogleBogle-style Low CostChallenges
In the tradition ofBenjamin GrahamGraham-style Margin of SafetyNot enough data
In the tradition ofWarren Buffett & Charlie MungerBuffett & Munger-style QualityNot enough data
In the tradition ofPeter LynchLynch-style Growth at a Reasonable PriceNot enough data
In the tradition ofJohn TempletonTempleton-style Global ContrarianNot enough data
In the tradition ofRay DalioDalio-style All-WeatherChallenges
In the tradition ofHoward MarksMarks-style Cycles & RiskNot enough data
In the tradition ofStanley DruckenmillerDruckenmiller-style Macro & LiquidityChallenges
In the tradition ofDavid SwensenSwensen-style DiversificationChallenges
In the tradition ofCathie WoodWood-style Disruptive InnovationNot enough data
In the tradition ofJesse LivermoreLivermore-style Trend FollowingChallenges
Uses ETFIQ’s measuresThe ETFIQ SkepticETFIQ’s own seatSupports
Put GBUG to the committee →See all seats →No investor named is affiliated with or endorses ETFIQ. Not investment advice.

Questions people ask about GBUG

How much of GBUG is in S&P 500 companies?
By its holdings published by its issuer for Oct 28, 2026, 3% of GBUG by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different.
What does GBUG hold?
43 positions as published by its issuer for Oct 28, 2026, with the top ten at 39% of the fund. The largest are DPM Metals Inc. at 5.0%, G Mining Ventures Corp. at 4.5%, Discovery Mining Ltd. at 4.4%.
Has GBUG beaten the S&P 500?
Over the year to Oct 28, 2026 GBUG returned +23.0% with distributions reinvested, against +13.6% for the S&P 500, so it finished ahead of the index by 9.4 points.
What does GBUG cost?
The prospectus expense ratio is 0.90% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.90%.
Sources and dates
Prices, GBUG and S&P 500 (SPY)Tiingo end-of-day · Oct 28, 2026
Fee, 0.90%Prospectus filing with the expense ratio (SEC) ↗
Net assets, $158mIssuer page · Oct 28, 2026
HoldingsHoldings, the issuer’s own daily file · Oct 28, 2026 ↗
SourceHoldings filing (SEC Form N-PORT), the last one filed ↗
IssuerSprott page for GBUG ↗
All fund filingsFund filings on SEC EDGAR ↗

Links are sources, not endorsements.

Method →Standards and sources →Open data →
Cite this pageCitation, APA and Markdown

ETFIQ, GBUG, thematic ETFs, data as of Oct 28, 2026. https://etfiq.com/funds/gbug

The difference bar for GBUG, redrawn every trading night.

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Active share
How differently the money is placed, counting weights: one minus the sum of the smaller weight of each security across the fund and the index. 100% means nothing in common; 0% means the index itself. Two funds can hold the same names and still have a high active share if they weight them very differently.
Weight overlap
The share of money two portfolios hold in the same securities at the same weight.
Already in the index
The fund’s weight in securities the S&P 500 holds at all. A fund can be made entirely of index names and still have high active share, because it holds them at different weights.
Top ten
The weight of the ten largest holdings. Above 50% the fund is a bet on a handful of companies, whatever the theme.
Full definitions: thematic ETFs vocabulary page. →
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GBUG: 3% of GBUG's weight is in S&P 500 companies and 97% is outside the index. Holdings as of Oct 28, 2026.
<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/funds/gbug"><img src="https://etfiq.com/assistant/api/embed/themes/gbug.svg" alt="GBUG: 3% of GBUG&#x27;s weight is in S&amp;P 500 companies and 97% is outside the index. Holdings as of Oct 28, 2026." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">GBUG: 3% of GBUG&#x27;s weight is in S&amp;P 500 companies and 97% is outside the index. Holdings as of Oct 28, 2026. Data: <a href="https://etfiq.com/funds/gbug">ETFIQ</a></figcaption>
</figure>

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