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ETFs

iShares MSCI Global Gold Miners Fund

RING
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Jan 31, 2012
Expense Ratio
0.39%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$1,004,868
AUM
$384,872,453
Associated Index
MSCI ACWI Select Gold Miners Investable Market Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NEM
Newmont Corp
17.06%
ABX
Barrick Gold Corp.
14.64%
AEM
Agnico Eagle Mines Ltd
12.74%
NCM
Newcrest Mining
4.66%
GFI
Gold Fields Ltd
4.54%
WPM
Wheaton Precious Metals Corp
4.48%
ANG
AngloGold Ashanti Ltd
4.15%
2899
Zijin Mining Group Co., Ltd. - Ordinary Shares - Class H
4.1%
K
Kinross Gold Corp.
3.94%
AGI
Alamos Gold Inc. - Ordinary Shares - Class A
3.08%
Invest with RING
Trade RING Options

What is RING?

The iShares MSCI Global Gold Miners ETF seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of gold mining. Exposure to companies that derive the majority of their revenues from gold mining.

1M
3M
6M
YTD
1Y
3Y
Max
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RING
Performance Measures**

for the time period Feb 2, 2012 to Dec 4, 2025

Returns

1M Trailing Return: 19.5%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 26.2%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -79.6%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 37.3%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.28

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.05

The annualized return divided by the max drawdown for the selected time period.

ETFs related toRING

ETFs correlated to RING include NUGT, GDX, GDXU

RING
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Gold Miners ETF
NUGT
Direxion Shares ETF Trust - Direxion Daily Gold Miners Index Bull 2X Shares
GDX
VanEck ETF Trust - VanEck Gold Miners ETF
GDXU
Bank of Montreal - MicroSectors Gold Miners 3X Leveraged ETN
JNUG
Direxion Shares ETF Trust - Direxion Daily Junior Gold Miners Index Bull 2X Shares
GDXJ
VanEck ETF Trust - VanEck Junior Gold Miners ETF
SIL
Global X Funds - Global X Silver Miners ETF
SILJ
ETF Managers Group LLC - ETFMG Prime Junior Silver Miners ETF
GLTR
abrdn ETF - abrdn Physical Precious Metals Basket Shares ETF
GLD
SSgA Active Trust - SPDR Gold Shares ETF
UGL
ProShares Trust - ProShares Ultra Gold 2x Shares

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toRING

Global Sectors

Category

Global sector rotation, trend-following, tactical allocation, RSI dip-buying, leveraged ETFs, daily rebalancing

OOS Cumulative Return

12.9%

Create your own algorithmic trading strategy with RING using Composer

FAQ

RING is a Global Equities ETF. The iShares MSCI Global Gold Miners ETF seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of gold mining. Exposure to companies that derive the majority of their revenues from gold mining.

RING tracks the MSCI ACWI Select Gold Miners Investable Market Index.

No, RING is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, RING is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on RING is -0.0018%. This is the percent change in the value of RING over the most recent 1-month period. The 3-month return on RING is -0.0435%. This is the percent change in the value of RING over the most recent 3-month period.

The standard deviation of RING for the past year is 0.3495%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to RING include IXN, IXJ, and SMH.

ETFs correlated to RING include NUGT, GDX, and GDXU.

ETFs that are inversely correlated to RING include DUST, GDXD, and JDST.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.