iShares MSCI Global Gold Miners ETF (RING)

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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.

iShares MSCI Global Gold Miners ETF (RING) has returned 7.25% so far this year and 108.05% over the past 12 months. Looking at the last ten years, RING has achieved an annualized return of 17.97%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Feb 2, 2012, RING's average daily return is +0.05%, while the average monthly return is +0.93%. At this rate, your investment would double in approximately 6.2 years.

Historically, 51% of months were positive and 49% were negative. The best month was Apr 2020 with a return of +42.2%, while the worst month was Jul 2015 at -23.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 9 months.

On a daily basis, RING closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +15.7%, while the worst single day was Mar 18, 2020 at -15.4%.

iShares MSCI Global Gold Miners ETF has an annualized alpha of 5.80%, beta of 0.46, and R² of 0.04 versus S&P 500 Index. Calculated based on daily prices since February 03, 2012.

• This ETF participated in 49.16% of S&P 500 Index downside but only 36.99% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.46 may look defensive, but with R² of 0.04 this ETF is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
• R² of 0.04 means this ETF moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

RING has an expense ratio of 0.39%, placing it in the medium range.

RING ranks 91 for risk / return — in the top 91% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for iShares MSCI Global Gold Miners ETF (RING) and compare them to a chosen benchmark (S&P 500 Index).

iShares MSCI Global Gold Miners ETF provided a 0.78% dividend yield over the last twelve months, with an annual payout of $0.62 per share.

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.

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.

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. Recovery took 2397 trading sessions.

The current iShares MSCI Global Gold Miners ETF drawdown is 20.56%.

The chart below shows the rolling one-month volatility.