SGDM vs TOKE
Sprott Gold Miners ETF vs Cambria Cannabis ETF
Which is better, SGDM or TOKE?
SGDM has been ahead.
TOKE has a lower expense ratio. SGDM led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SGDM | TOKE |
|---|---|---|
| Expense Ratio | 0.46% | 0.44%Best |
| AUM | $645M | $14M |
| Dividend Yield | 0.98% | 1.06% |
| Holdings | 50 | 24 |
| Volatility (annualized) | 36.7% | 35.5%Best |
| Max Drawdown | -49.7%Best | -83.3% |
| $10,000 over 6.7 years | $37,236Best | $2,670 |
| Fund Family | Sprott ETFS | Cambria Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Mid Cap Growth |
| Inception | Jul 14, 2014 | Jul 25, 2019 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 180 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SGDM has data through Oct 14, 2026 and TOKE through Apr 17, 2026.
Volatility and max drawdown, and the $10,000 over 6.7 years row, are measured over the window both funds cover: Jul 25, 2019 to Apr 17, 2026 (6.7 years).
Risk: Volatility and Drawdowns
SGDM has been the more volatile fund, with annualized monthly volatility of 36.7% compared with 35.5% for TOKE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -49.7% for SGDM and -83.3% for TOKE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.25. They move largely independently of each other.
Fees and Cost Over Time
SGDM charges 0.46% per year while TOKE charges 0.44%. On a $10,000 position that is $46 vs $44 annually, a gap of $2 per year that compounds over a long holding period. On income, SGDM currently yields 0.98% against 1.06% for TOKE.
Holdings Overlap
We hold position weights for 49 holdings in SGDM and 16 in TOKE, totalling 99.8% and 69.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 227 days apart, SGDM as of Sep 14, 2026 and TOKE as of Jan 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 49 positions we hold weights for in SGDM and 16 in TOKE, against full books of 50 and 24.
You are not choosing between two funds in isolation.
Whichever of SGDM and TOKE you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SGDM or TOKE?
SGDM has an expense ratio of 0.46% while TOKE charges 0.44%. TOKE is the cheaper option, by $2 a year on a $10,000 investment.
Which is riskier, SGDM or TOKE?
SGDM has been the more volatile fund at 36.7% annualized versus 35.5% for TOKE. Worst drawdown: SGDM -49.7% vs TOKE -83.3%.
Should I hold both SGDM and TOKE?
SGDM and TOKE have a monthly-return correlation of 0.25, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SGDM or TOKE?
SGDM yields 0.98% while TOKE yields 1.06%, so TOKE currently pays the higher dividend yield.
Is TOKE better than SGDM?
TOKE has a lower expense ratio. SGDM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.