March 17, 2021
Gold and bitcoin are often compared in the same breath. Yet there’s considerable debate about stores of value, whether either will be acceptable for everyday financial transactions, roles in portfolios, inflation-fighting merit, and so on.
In fact, many market observers refer to bitcoin as ‘digital gold’. Yet some analysts believe those comparisons should come to a halt. That’s not a slight on either asset, but it could provide relief for funds such as the
SGDM tracks the Solactive Gold Miners Custom Factors Index and “emphasizes gold companies with the highest revenue growth and free cash flow yield, and the lowest long-term debt to equity ratio,” according to the issuer.