Sprott Active Gold & Silver Fund (GBUG)
NASDAQ (NMS) NASDAQ (NMS) Primary 
GBUG: The Future Return On Precious Metals Will Come From Miners
Sprott Active Gold & Silver Miners ETF offers compelling exposure to gold and silver miners amid stagnant metal prices in 2026. Miners' free cash flow is at a 30-year high, supporting GBUG's attractive forward EV/EBITDA valuation of 6.2x versus a historical 8.8x. GBUG's active management and diversified holdings mitigate dispersion risk among miners, with strong momentum and Quant buy signals reinforcing the thesis.
GBUG: Gold Miners Still Look Undervalued And Have Significant Upside Potential
The Sprott Active Gold & Silver Miners ETF offers actively managed exposure to undervalued gold and silver miners, targeting long-term capital appreciation. GBUG's diversified portfolio, low single-stock concentration, and 1.45% yield provide risk mitigation and outperform both GDX and the S&P 500 since inception. Despite recent sector outperformance, GBUG holdings trade at attractive valuations, with forward P/E ratios generally below the S&P 500, suggesting further upside as gold prices rise.
Despite Selloff, Fundamentals for Gold & Silver Still in Place
Gold and silver may have begun the new year on a positive note, but now advisors and investors are questioning which direction the metals will take next. Last Friday, prices for gold and silver alike tumbled in response to President Trump nominating Kevin Warsh to be the next chair of the Federal Reserve.
1 Year Later, This Silver ETF Is More Lustrous Than Ever
It's been a year since the debut of the Sprott Silver Miners & Physical Silver ETF (SLVR) and the fund is more lustrous than ever. With over $730 million in assets and about $450 million inflows in 2025, the index fund accomplished this feat in a year of fever-pitched demand for active.
GBUG: A High-Octane Way To Ride Precious Metals Momentum
Sprott Active Gold & Silver Miners ETF has delivered 125% returns since inception, significantly outperforming the S&P 500 and VOO. GBUG's active management, precious metals focus, and geographic diversification position it well amid ongoing macroeconomic uncertainty and safe-haven demand. The ETF's 0.89% expense ratio and concentrated 36-holding portfolio offer competitive cost structure and potential for outperformance.
How Silver Can Shine in Your Portfolio
Consider how gold has performed as of late. It shouldn't come as a surprise that interest in silver hasn't been as strong.
As the Case Builds for Gold & Silver Miners, Get Active Exposure
Gold and silver are both trending higher, increasing the appeal of adding both metals to diversify a portfolio. Mining stocks pose an alternative option.
