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Canadian (TSX Listed) Smaller Gold Producers EW | NoRebal vs. XGD

Smaller gold producers with market caps of less than $2 billion showed some cyclical strength and weakness against XGD at the start of the decade but began to weaken last year.

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Canadian (TSX Listed) Gold Royalty Cos EW | NoRebal vs. XGD

Royalty streamers with dividends reinvested show a clear pattern of outperformance against XGD since 2016, but began to weaken a bit against this ETF late last year. The uptrend remains intact but should be monitored closely in case of a…

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