Some of SGDJ’s largest U.S-listed holdings include First Majestic Silver (NYSE: AG), Hecla Mining (NYSE: HL), Pan American Silver (NasdaqGS: PAAS) and IAMGOLD (NYSE: IAG). Those stocks combine for 21.5% of the new ETF’s weight.

SGDJ debuts at a time of extreme bearish sentiment toward junior miners, but the ETF could be a way to play a reversal in that sentiment.

“Sentiment is extremely negative – the junior gold stock sector is down over 80% since its market high in late 2010. High-quality junior miners are potential acquisition targets for senior miners,” according to Sprott. [Waiting for a Junior Miners ETF Rebound]

The new ETF charges 0.57% per year.

Chart Courtesy: Sprott

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