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GBUG vs SHDG

Comparison between Sprott Active Gold & Silver Miners (GBUG, ETF) and SOUNDWATCH HEDGED EQUITY ETF (SHDG, ETF).

GBUG vs SHDG - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
GBUG
$164M
SHDG
$164M
Expense Ratio
Winner
GBUG
0.90%
SHDG
0.91%
Max Drawdown
GBUG
33.18%
Winner
SHDG
15.84%
Sharpe Ratio
GBUG
0.97
Winner
SHDG
1.03
5Y Beta
GBUG
0.79
Winner
SHDG
0.67

GBUG vs SHDG - Holdings Comparison

GBUG and SHDG have 0 common holdings. Overlap is 0.00%

GBUG's top 25 holdings weight is 76.27%. SHDG's top 25 holdings weight is 108.58%.

RankGBUGSHDG
#1
G MINING VENTURES CORP (GMINF) - 4.70%
ISHARES CORE S&P 500 ETF (IVV) - 106.74%
#2
DPM METALS INC (DPMLF) - 4.61%
FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 1.84%
#3
IAMGOLD CORP (n/a) - 3.96%
N/A
#4
COEUR MINING INC (CDE) - 3.93%
N/A
#5
OCEANAGOLD CORP (n/a) - 3.75%
N/A
#6
DISCOVERY SILVER CORP (DSVSF) - 3.47%
N/A
#7
EQUINOX GOLD CORP ORDINARY SHARES CLASS A (n/a) - 3.43%
N/A
#8
MONTAGE GOLD CORP ORDINARY SHARES (n/a) - 3.28%
N/A
#9
NEWMONT CORP (NEM) - 3.24%
N/A
#10
ELDORADO GOLD CORP (n/a) - 3.24%
N/A
#11
AGNICO EAGLE MINES LTD (n/a) - 3.20%
N/A
#12
WESDOME GOLD MINES LTD (n/a) - 3.13%
N/A
#13
WHEATON PRECIOUS METALS CORP (n/a) - 3.08%
N/A
#14
EMERALD RESOURCES NL (n/a) - 2.93%
N/A
#15
KINROSS GOLD CORP (n/a) - 2.88%
N/A
#16
ANGLOGOLD ASHANTI PLC (AU) - 2.84%
N/A
#17
GENESIS MINERALS LTD (n/a) - 2.64%
N/A
#18
RAMELIUS RESOURCES LTD (n/a) - 2.63%
N/A
#19
I-80 GOLD CORP (IAUX) - 2.53%
N/A
#20
ALAMOS GOLD INC CLASS A (AGI) - 2.48%
N/A
#21
EVOLUTION MINING LTD (n/a) - 2.29%
N/A
#22
ORA BANDA MINING LTD (n/a) - 2.15%
N/A
#23
K92 MINING INC (n/a) - 2.05%
N/A
#24
VALTERRA PLATINUM LTD (n/a) - 1.99%
N/A
#25
PERPETUA RESOURCES CORP (PPTA) - 1.84%
N/A
Total Holdings462

GBUG vs SHDG - Historical Returns

Returns include dividend reinvestment.

1M
GBUG
-8.86%
Winner
SHDG
+0.92%
3M
GBUG
-24.27%
Winner
SHDG
+0.55%
6M
GBUG
-2.91%
Winner
SHDG
+0.62%
1Y
Winner
GBUG
+46.01%
SHDG
+12.31%
Max(CAGR)
Winner
GBUG
+67.91%
SHDG
+14.33%

GBUG vs SHDG - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

YearGBUGSHDG
2026-9.81%+0.54%
2025+118.97%+11.41%
2024N/A+20.29%
2023N/A+18.35%
2022N/A+2.56%

GBUG vs SHDG Drawdown Comparison

The maximum drawdown for GBUG was -33.18%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for SHDG was -15.82%, occurring on Apr 8, 2025. Recovery took 105 trading sessions.

The current GBUG drawdown is -33.18%. The current SHDG drawdown is -0.99%.

RankGBUGSHDG
#1-33.18%
Feb 27, 2026 - Jun 5, 2026
-15.82%
Feb 19, 2025 - Jul 22, 2025
#2-19.71%
Jan 28, 2026 - Feb 26, 2026
-8.69%
Jul 31, 2023 - Dec 12, 2023
#3-19.37%
Oct 16, 2025 - Dec 11, 2025
-6.62%
Feb 2, 2026 - Mar 30, 2026
#4-10.68%
Mar 27, 2025 - Apr 10, 2025
-6.49%
Jul 16, 2024 - Aug 30, 2024
#5-10.29%
Jun 5, 2025 - Aug 7, 2025
-4.63%
Feb 15, 2023 - Mar 31, 2023
#6-10.00%
May 9, 2025 - May 23, 2025
-4.42%
Dec 1, 2022 - Jan 26, 2023
#7-8.90%
Apr 16, 2025 - May 6, 2025
-3.98%
Mar 27, 2024 - May 15, 2024
#8-7.82%
Feb 20, 2025 - Mar 13, 2025
-3.75%
Aug 30, 2024 - Sep 19, 2024
#9-7.05%
Dec 26, 2025 - Jan 12, 2026
-3.53%
Dec 16, 2024 - Feb 13, 2025
#10-4.77%
Sep 15, 2025 - Sep 22, 2025
-3.29%
Oct 27, 2025 - Nov 28, 2025
#11-4.62%
Oct 8, 2025 - Oct 15, 2025
-2.51%
Oct 28, 2022 - Nov 10, 2022
#12-3.36%
May 6, 2025 - May 9, 2025
-2.33%
Dec 11, 2025 - Dec 23, 2025
#13-3.34%
Sep 22, 2025 - Sep 29, 2025
-1.94%
Oct 8, 2025 - Oct 21, 2025
#14-3.22%
Aug 18, 2025 - Aug 21, 2025
-1.94%
May 1, 2023 - May 18, 2023
#15-2.07%
Dec 11, 2025 - Dec 18, 2025
-1.90%
Oct 18, 2024 - Nov 6, 2024

Correlation

Correlation between GBUG and SHDG is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84
-101

Dividend Comparison (2022 - 2025)

GBUG vs SHDG dividend yield comparison.

YearGBUGSHDG
20251.56%0.50%
20240.00%0.62%
20230.00%1.24%
20220.00%0.90%

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