Global X Equal Weight Canadian Telecommunications Index ETF (RING.TO)

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Global X Equal Weight Canadian Telecommunications Index ETF (RING.TO) is down 8.7% since the beginning of the year. RING.TO is currently trading at CA$16 per share.

Global X Equal Weight Canadian Telecommunications Index ETF (RING.TO) has returned -8.72% so far this year and -8.67% over the past 12 months.

Based on dividend-adjusted daily data since Nov 7, 2024, RING.TO's average daily return is -0.01%, while the average monthly return is -0.30%.

Historically, 52% of months were positive and 48% were negative. The best month was Jul 2025 with a return of +8.3%, while the worst month was Jun 2026 at -10.5%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 2 months.

On a daily basis, RING.TO closed higher 50% of trading days. The best single day was Apr 22, 2026 with a return of +4.0%, while the worst single day was Apr 2, 2026 at -4.1%.

Global X Equal Weight Canadian Telecommunications Index ETF has an annualized alpha of -3.85%, beta of -0.04, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since November 07, 2024.

• This ETF participated in 24.72% of S&P 500 Index downside but only -10.77% of its upside - more exposed to losses than it benefited from rallies.
• Beta of -0.04 may look defensive, but with R2 of 0.00 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 0.00 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.TO ranks 4 for risk / return — in the bottom 4% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Global X Equal Weight Canadian Telecommunications Index ETF provided a 6.41% dividend yield over the last twelve months, with an annual payout of CA$1.04 per share.

The table displays the monthly dividend distributions for Global X Equal Weight Canadian Telecommunications Index 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 Global X Equal Weight Canadian Telecommunications Index 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 Global X Equal Weight Canadian Telecommunications Index ETF was 20.62%, occurring on Apr 10, 2025. Recovery took 71 trading sessions.

The current Global X Equal Weight Canadian Telecommunications Index ETF drawdown is 14.76%.

The chart below shows the rolling one-month volatility.