Newmont Corporation vs ABRDN Physical Gold Shares ETF — how do they compare? Newmont Corporation trades at $92.41 (market cap $95.23B), while ABRDN Physical Gold Shares ETF trades at $38.89. The key difference: Newmont Corporation pays a 1.17% dividend while ABRDN Physical Gold Shares ETF pays none. Which is the better fit depends on your goals.
| NEM | SGOL | |
|---|---|---|
Market Cap | $95.23B | — |
Sector | Basic Materials | Commodities - Metals/Agriculture |
52-Week High | $131.95 | $51.41 |
52-Week Low | $59.86 | $31.18 |
Enterprise Value | $91.98B | — |
Dividend Yield | 1.17% | — |
Trailing returns across standard periods
Newmont Corp is primarily a gold producer with operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. It is also engaged in the production of copper, silver, lead and zinc. The company's operations are organized in five geographic regions: North America, South America, Australia, Africa and Nevada.
Read more on NEM →SGOL is an ETF that is designed to track the performance of the price of gold bullion. The fund is backed by physical gold held in secured vaults, which is allocated to the ETF's custodian account. By providing direct ownership of gold without the need for physical storage or insurance, SGOL offers investors a convenient and cost-effective way to gain exposure to the gold market.
Read more on SGOL →