3 Gold Miners ETFs Your Probably Don't Know About, But Should Get To Know

3 Gold Miners ETFs Your Probably Don't Know About, But Should Get To  Know

Gold is one of this year's best performing commodities and that's a theme that could extend as exchange-traded fund demand swells and as central banks debase currencies.

That's good news for gold miners ETFs, which are already among 2020s leading industry funds. The VanEck Vectors Gold Miners ETF GDX, the largest fund in the category, is rewarding investors taking a chance on what's usually a volatile product. The fund is higher by nearly 23% year to date.

GDX and its small-cap counterpart — the VanEck Vectors Junior Gold Miners ETF GDXJ — have a way of crowding out the other ETFs in this group, but some of the other undiscovered funds here are turning in great performances in their own rights.

With that in mind, here are some hidden gems of the gold miners ETF space to consider.

Sprott Gold Miners ETF (SGDM)

The Sprott Gold Miners ETF SGDM, which has recently been making a series of all-time highs, is an odd choice for an overlooked because it's neither small nor young. Just a couple of months shy of its sixth birthday, SGDM has $240.5 million in assets under management.

The fund is a departure from cap-weighted rivals such as GDX. SGDM follows the Solactive Gold Miners Custom Factors Index, which focuses on “larger-sized gold companies with the highest revenue growth, free cash flow yield and the lowest long-term debt to equity,” according to the issuer.

Low debt, well-capitalized firms, regardless of industry, are rewarding investors this year and that's true in the precious metals mining space as SGDM is higher by 24% year to date.

U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU)

The U.S. Global GO GOLD and Precious Metal Miners ETF GOAU is truly unique among its gold mining ETF rivals because it blends exposure to production firms with royalty operators, which are passive participants in the industry. Royalty and streaming companies comprise about a third of GOAU's index.

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