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iShares MSCI Global Gold Miners ETF (RING)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS4642863355
CUSIP46434G855
IssueriShares
Inception DateJan 31, 2012
RegionDeveloped Markets (Broad)
CategoryMaterials
Leveraged1x
Index TrackedMSCI ACWI Select Gold Miners Investable Market Index
Home Pagewww.ishares.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

RING features an expense ratio of 0.39%, falling within the medium range.


Expense ratio chart for RING: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


iShares MSCI Global Gold Miners ETF

Popular comparisons: RING vs. GDX, RING vs. SLVP, RING vs. SDG, RING vs. GLD, RING vs. VDE, RING vs. SPY, RING vs. BLV, RING vs. IVV, RING vs. GOLD, RING vs. GDXJ

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in iShares MSCI Global Gold Miners ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%10.00%20.00%30.00%40.00%AprilMayJuneJulyAugustSeptember
29.37%
6.39%
RING (iShares MSCI Global Gold Miners ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

iShares MSCI Global Gold Miners ETF had a return of 27.31% year-to-date (YTD) and 42.16% in the last 12 months. Over the past 10 years, iShares MSCI Global Gold Miners ETF had an annualized return of 5.77%, while the S&P 500 had an annualized return of 10.74%, indicating that iShares MSCI Global Gold Miners ETF did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date27.31%15.21%
1 month5.04%2.83%
6 months31.98%6.19%
1 year42.16%22.46%
5 years (annualized)9.09%12.84%
10 years (annualized)5.77%10.74%

Monthly Returns

The table below presents the monthly returns of RING, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-10.01%-5.61%21.12%5.18%6.88%-2.22%12.39%4.06%27.31%
202312.40%-14.34%17.07%3.62%-8.78%-1.21%4.10%-6.89%-8.35%6.33%11.95%0.88%12.29%
2022-5.49%10.04%10.77%-8.95%-9.51%-14.16%-8.13%-8.35%2.29%-0.75%19.33%1.78%-15.40%
2021-4.09%-9.79%6.03%4.55%15.63%-14.52%2.93%-6.53%-8.69%5.98%2.03%2.76%-7.46%
2020-1.50%-8.01%-12.15%42.22%2.13%8.93%17.72%-0.82%-7.37%-4.47%-8.88%5.41%24.98%
20199.00%-1.47%0.80%-6.72%3.72%21.13%2.69%14.54%-10.37%6.83%-4.48%9.82%49.92%
20182.45%-10.54%2.67%1.75%-0.78%-1.51%-4.11%-14.41%-0.70%1.89%1.37%10.27%-13.14%
201714.94%-3.81%0.00%-3.48%0.33%-3.76%5.39%8.13%-6.92%-4.01%-0.11%5.19%10.24%
20168.94%38.36%3.63%30.37%-13.62%22.38%8.99%-17.43%4.81%-7.37%-15.73%0.12%58.68%
201522.01%-3.52%-15.62%11.62%-4.25%-9.34%-22.97%1.46%-3.76%9.12%-9.21%3.42%-25.83%
20149.44%10.13%-8.01%1.78%-6.71%15.69%-1.18%2.56%-18.73%-21.41%6.15%-1.55%-17.62%
2013-7.53%-9.98%-0.12%-20.89%-3.39%-17.66%9.12%7.04%-9.25%1.25%-12.32%-2.66%-52.07%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of RING is 54, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of RING is 5454
RING (iShares MSCI Global Gold Miners ETF)
The Sharpe Ratio Rank of RING is 5858Sharpe Ratio Rank
The Sortino Ratio Rank of RING is 5757Sortino Ratio Rank
The Omega Ratio Rank of RING is 5454Omega Ratio Rank
The Calmar Ratio Rank of RING is 4646Calmar Ratio Rank
The Martin Ratio Rank of RING is 5555Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for iShares MSCI Global Gold Miners ETF (RING) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


RING
Sharpe ratio
The chart of Sharpe ratio for RING, currently valued at 1.38, compared to the broader market0.002.004.001.38
Sortino ratio
The chart of Sortino ratio for RING, currently valued at 1.93, compared to the broader market0.005.0010.001.93
Omega ratio
The chart of Omega ratio for RING, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.001.24
Calmar ratio
The chart of Calmar ratio for RING, currently valued at 0.78, compared to the broader market0.005.0010.0015.000.78
Martin ratio
The chart of Martin ratio for RING, currently valued at 5.84, compared to the broader market0.0020.0040.0060.0080.00100.005.84
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.83, compared to the broader market0.002.004.001.83
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.49, compared to the broader market0.005.0010.002.49
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.001.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.64, compared to the broader market0.005.0010.0015.001.64
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.72, compared to the broader market0.0020.0040.0060.0080.00100.008.72

Sharpe Ratio

The current iShares MSCI Global Gold Miners ETF Sharpe ratio is 1.38. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of iShares MSCI Global Gold Miners ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00AprilMayJuneJulyAugustSeptember
1.38
1.83
RING (iShares MSCI Global Gold Miners ETF)
Benchmark (^GSPC)

Dividends

Dividend History

iShares MSCI Global Gold Miners ETF granted a 1.51% dividend yield in the last twelve months. The annual payout for that period amounted to $0.47 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.47$0.49$0.51$0.64$0.25$0.20$0.11$0.08$0.24$0.11$0.13$0.27

Dividend yield

1.51%2.01%2.29%2.38%0.83%0.83%0.70%0.42%1.41%0.96%0.85%1.48%

Monthly Dividends

The table displays the monthly dividend distributions for iShares MSCI Global Gold Miners ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.19$0.00$0.00$0.00$0.19
2023$0.00$0.00$0.00$0.00$0.00$0.21$0.00$0.00$0.00$0.00$0.00$0.28$0.49
2022$0.00$0.00$0.00$0.00$0.00$0.23$0.00$0.00$0.00$0.00$0.00$0.28$0.51
2021$0.00$0.00$0.00$0.00$0.00$0.31$0.00$0.00$0.00$0.00$0.00$0.33$0.64
2020$0.00$0.00$0.00$0.00$0.00$0.10$0.00$0.00$0.00$0.00$0.00$0.14$0.25
2019$0.00$0.00$0.00$0.00$0.00$0.14$0.00$0.00$0.00$0.00$0.00$0.05$0.20
2018$0.00$0.00$0.00$0.00$0.00$0.07$0.00$0.00$0.00$0.00$0.00$0.04$0.11
2017$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.05$0.08
2016$0.00$0.00$0.00$0.00$0.00$0.01$0.00$0.00$0.00$0.00$0.00$0.23$0.24
2015$0.00$0.00$0.00$0.00$0.00$0.06$0.00$0.00$0.00$0.00$0.00$0.04$0.11
2014$0.00$0.00$0.00$0.00$0.00$0.07$0.00$0.00$0.00$0.00$0.00$0.06$0.13
2013$0.17$0.00$0.00$0.00$0.00$0.00$0.10$0.27

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AprilMayJuneJulyAugustSeptember
-30.00%
-3.03%
RING (iShares MSCI Global Gold Miners ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the iShares MSCI Global Gold Miners ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the iShares MSCI Global Gold Miners ETF was 79.47%, occurring on Nov 17, 2015. The portfolio has not yet recovered.

The current iShares MSCI Global Gold Miners ETF drawdown is 30.00%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-79.47%Feb 24, 2012940Nov 17, 2015
-5.02%Feb 3, 20128Feb 14, 20126Feb 23, 201214

Volatility

Volatility Chart

The current iShares MSCI Global Gold Miners ETF volatility is 8.47%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%AprilMayJuneJulyAugustSeptember
8.47%
4.49%
RING (iShares MSCI Global Gold Miners ETF)
Benchmark (^GSPC)