RING: iShares MSCI Global Gold Miners ETF
About
RING was created on 2012-01-31 by iShares. The fund's investment portfolio concentrates primarily on materials equity. The ETF currently has 797.72m in AUM and 38 holdings. RING tracks a market-cap-weighted index of companies that generate revenue primarily from gold mining.
Current Value
$30.851 Year Return
Current Value
$30.851 Year Return
Key Details
Assets Under Management
$716.67M
Div Yield %
1.52%
P/E Ratio
22.54
Net Asset Value
$30.14
Expense Ratio
0.39%
1Y ETF Return
0.39%
Strategies that include RING
Stock's related to RING
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| AEM | 92.93% | $41.35B | +66.46% | 1.95% |
| ABX | 90.04% | $30.98B | +9.45% | 2.27% |
| K | 86.74% | $12.29B | +84.16% | 1.21% |
| AGI | 86.60% | $7.89B | +39.60% | 0.53% |
| WPM | 85.01% | $28.40B | +33.23% | 0.99% |
| RGLD | 84.95% | $9.72B | +27.40% | 1.09% |
| NGT | 84.54% | $49.16B | +15.39% | 2.69% |
| PAAS | 84.20% | $8.26B | +56.04% | 1.78% |
| XASAX | 83.97% | - | - | 0.20% |
| MAG | 83.40% | $1.63B | +47.20% | 0.00% |
| CEF | 82.60% | - | - | 0.00% |
| SSL | 82.34% | $1.68B | +20.68% | 1.04% |
| AU | 81.21% | $10.58B | +41.93% | 0.90% |
| ELD | 80.52% | $3.35B | +42.37% | 0.00% |
| HMY | 79.34% | $6.09B | +68.42% | 1.37% |
| PHYS | 78.37% | - | - | 0.00% |
| HL | 78.16% | $3.63B | +21.79% | 0.58% |
| DRD | 78.01% | $854.61M | +13.63% | 2.30% |
| CDE | 77.98% | $2.66B | +143.96% | 0.00% |
| NGD | 77.08% | $2.20B | +112.21% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CCEC | 0.02% | $1.02B | +28.03% | 3.26% |
| UFI | -0.02% | $102.66M | -11.22% | 0.00% |
| WHLM | -0.03% | $17.64M | -29.34% | 0.00% |
| NEUE | 0.28% | $40.93M | -34.13% | 0.00% |
| NARI | 0.28% | $2.98B | -11.66% | 0.00% |
| TARS | -0.37% | $1.79B | +166.88% | 0.00% |
| MBI | 0.43% | $335.78M | +105.79% | 0.00% |
| MMC | 0.52% | $108.41B | +10.89% | 1.37% |
| NTIC | -0.54% | $132.27M | +24.98% | 2.02% |
| CHKP | -0.59% | $19.20B | +20.74% | 0.00% |
| CLX | -0.62% | $20.81B | +20.66% | 2.88% |
| MNR | -0.63% | $1.66B | -10.71% | 15.90% |
| TCS | 0.67% | $14.81M | -84.46% | 0.00% |
| CARV | 0.73% | $8.48M | -8.79% | 0.00% |
| IBKR | -0.76% | $20.20B | +131.83% | 0.37% |
| CB | 0.80% | $114.43B | +26.00% | 1.24% |
| CNA | 0.83% | $13.16B | +23.03% | 3.61% |
| WTW | 0.88% | $30.98B | +26.60% | 1.13% |
| QUAD | 0.89% | $366.66M | +43.76% | 2.84% |
| DOGZ | 0.92% | $614.77M | +1,372.26% | 0.00% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| MCK | -11.86% | $78.15B | +35.51% | 0.42% |
| CBOE | -11.69% | $21.46B | +15.84% | 1.11% |
| LTM | -10.67% | $8.51B | -100.00% | <0.01% |
| AMSF | -10.33% | $1.11B | +22.66% | 2.52% |
| GAN | -9.58% | $83.39M | +21.19% | 0.00% |
| LPLA | -8.40% | $23.55B | +38.13% | 0.38% |
| TCTM | -8.13% | $8.10M | -42.99% | 0.00% |
| CHD | -7.83% | $27.18B | +19.50% | 1.03% |
| CYD | -7.73% | $364.46M | -2.94% | 4.26% |
| CME | -7.21% | $82.76B | +9.21% | 1.98% |
| MOH | -7.11% | $16.16B | -21.56% | 0.00% |
| MODV | -7.04% | $222.68M | -59.06% | 0.00% |
| JNPR | -6.86% | $11.61B | +30.55% | 2.49% |
| PGR | -6.36% | $149.10B | +57.29% | 0.45% |
| SOC | -6.32% | $1.93B | +74.70% | 0.00% |
| WRB | -6.29% | $22.94B | +29.98% | 0.69% |
| VSTA | -6.06% | $204.94M | -39.33% | 0.00% |
| URGN | -5.92% | $470.95M | -11.92% | 0.00% |
| PRPO | -5.87% | $9.10M | -13.65% | 0.00% |
| HQY | -5.59% | $8.97B | +52.15% | 0.00% |
ETF's related to RING
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| GDX | 98.77% | $13.69B | 0.51% |
| GDXJ | 96.44% | $5.06B | 0.52% |
| GOAU | 94.70% | $94.53M | 0.6% |
| SILJ | 91.23% | $945.80M | 0.69% |
| SLVP | 90.22% | $228.48M | 0.39% |
| SIL | 89.25% | $1.22B | 0.65% |
| FTRI | 72.40% | $127.29M | 0.7% |
| EPU | 67.58% | $81.05M | 0.59% |
| COPX | 67.36% | $2.40B | 0.65% |
| MXI | 67.01% | $222.22M | 0.42% |
| RLY | 66.58% | $491.79M | 0.5% |
| UPAR | 61.80% | $70.24M | 0.65% |
| FLCA | 60.60% | $410.22M | 0.09% |
| EZA | 60.20% | $291.73M | 0.59% |
| IYM | 59.15% | $561.30M | 0.39% |
| RPAR | 58.76% | $591.64M | 0.5% |
| GII | 57.88% | $473.97M | 0.4% |
| FGD | 56.87% | $556.11M | 0.56% |
| GWX | 56.38% | $629.47M | 0.4% |
| EELV | 55.63% | $406.87M | 0.29% |
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| CANE | -0.50% | $17.72M | 0.29% |
| BILZ | 0.54% | $563.02M | 0.14% |
| HIGH | 0.91% | $302.78M | 0.51% |
| CLOI | -1.04% | $715.40M | 0.4% |
| KMLM | -1.07% | $353.87M | 0.9% |
| KCCA | -1.23% | $220.51M | 0.87% |
| WEAT | -1.42% | $120.27M | 0.28% |
| BOXX | -1.71% | $4.43B | 0.1949% |
| TAIL | -2.22% | $67.98M | 0.59% |
| MINT | 3.01% | $11.62B | 0.35% |
| HDRO | -3.11% | $164.26M | 0.3% |
| CORN | -3.20% | $61.12M | 0.2% |
| XHLF | 4.21% | $874.27M | 0.03% |
| GBIL | 4.29% | $5.60B | 0.12% |
| SGOV | 4.77% | $27.53B | 0.09% |
| UNG | 4.79% | $908.80M | 1.06% |
| CSHI | 5.24% | $482.85M | 0.38% |
| SEIX | 5.53% | $268.81M | 0.62% |
| FLOT | 5.69% | $7.31B | 0.15% |
| DBA | 5.70% | $755.88M | 0.93% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| USDU | -54.33% | $201.97M | 0.5% |
| UUP | -48.23% | $309.25M | 0.77% |
| BTAL | -35.28% | $388.04M | 1.43% |
| VIXY | -23.99% | $195.31M | 0.85% |
| CTA | -14.88% | $350.27M | 0.78% |
| EQLS | -13.71% | $76.08M | 1% |
| AGZD | -12.59% | $142.76M | 0.23% |
| CORN | -3.20% | $61.12M | 0.2% |
| HDRO | -3.11% | $164.26M | 0.3% |
| TAIL | -2.22% | $67.98M | 0.59% |
| BOXX | -1.71% | $4.43B | 0.1949% |
| WEAT | -1.42% | $120.27M | 0.28% |
| KCCA | -1.23% | $220.51M | 0.87% |
| KMLM | -1.07% | $353.87M | 0.9% |
| CLOI | -1.04% | $715.40M | 0.4% |
| CANE | -0.50% | $17.72M | 0.29% |
| BILZ | 0.54% | $563.02M | 0.14% |
| HIGH | 0.91% | $302.78M | 0.51% |
| MINT | 3.01% | $11.62B | 0.35% |
| XHLF | 4.21% | $874.27M | 0.03% |
News
SeekingAlpha
Editor's Note: Originally published at tsi-blog.com on November 20, 2024 [This blog post is an excerpt from a commentary published last week at...
SeekingAlpha
Gold bugs were rattled by the drop of more than $200 over the past two weeks, but this week's big rally has clawed much of that back in one fell swoop. Click to read.
SeekingAlpha
Discover why the iShares MSCI Global Gold Miners ETF (RING) is a compelling investment opportunity with potential for outperformance in 2025.
SeekingAlpha
Stocks have been trending downward relative to gold bullion since 1968, that is, for 56 years and counting. Click to read.
SeekingAlpha
The gold price is up 32% year to date in 2024, from under $2,000 in February to record highs around $2,720 currently.
SeekingAlpha
While Fed was lowering rates, other central bankers have been doing the same. Despite pessimistic views on global economic growth, a soft landing is seen as the most likely outcome.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.