Sprott Active Gold & Silver Miners ETF (GBUG) Performance
GBUG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −6.0% since Dec 31, 2025
- 1 year
- +13.6% total return
- Since first price
- +105.9% since 2025
GBUG trailing returns vs SPY, QQQ, AGG
| Period | GBUG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −16.4% | −16.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.3% | +5.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −11.6% | −11.6% | +7.8% | +8.4% | −1.5% |
| YTD | −6.0% | −6.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +13.6% | +11.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionFeb 20, 2025 | +105.9% | +102.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: GBUG vs SPY
From Feb 20, 2025: GBUG grew to $20,591, SPY to $12,695.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
GBUG returns by calendar year
2026 is year to date.
GBUG annual returns table
| Year | GBUG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −6.0% | −37.4% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
GBUG largest drawdowns
Now 29.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 27, 2026 | −37.4% | Jul 20, 2026 | not yet | 5 months | 8 months so far |
| Jan 28, 2026 | −19.7% | Feb 5, 2026 | Feb 26, 2026 | 8 days | 29 days |
| Oct 16, 2025 | −19.4% | Nov 4, 2025 | Dec 11, 2025 | 19 days | 56 days |
| Mar 27, 2025 | −10.7% | Apr 7, 2025 | Apr 10, 2025 | 11 days | 14 days |
| Jun 5, 2025 | −10.3% | Jul 31, 2025 | Aug 7, 2025 | 56 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
GBUG risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +79.1% |
| Volatility (annualized) | 49.4% |
| Sharpe ratio | 1.36 |
| Sortino ratio | 2.93 |
| Best month | +32.4% |
| Worst month | −21.9% |
| Best 12 months | +213.3% |
| Worst 12 months | +26.7% |
| Positive months | 63% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
GBUG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 9 | +15.9% | +68.9% | +213.3% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
GBUG performance overview
Sprott Active Gold & Silver Miners ETF (GBUG) returned +13.6% over the past year, with distributions reinvested. Since its first recorded price on Feb 20, 2025 it has returned +105.9%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −37.4%, from Feb 27, 2026 to Jul 20, 2026; the fund has not yet regained that high. Volatility has been 49.4% a year.
Related: GBUG chart, GBUG holdings, GBUG dividends. See the GBUG overview for the latest quote and fund facts.
GBUG performance FAQ
What is the GBUG return over the past year?
GBUG returned +13.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 11.8%.
How much would $10,000 invested in GBUG be worth?
$10,000 invested in GBUG at its first recorded close on February 20, 2025 would be worth about $20,591 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of GBUG?
The largest peak-to-trough decline was −37.4% between February 27, 2026 and July 20, 2026. It has not yet recovered to that high; it is 29.4% below its peak.
How volatile is GBUG?
Over the past history GBUG had an annualized volatility of 49.4% and a Sharpe ratio of 1.36 (excess return over 1–3 month T-bills per unit of risk).