IMRX vs. RING
IMRX (Immuneering Corporation) is a stock, while RING (iShares MSCI Global Gold Miners ETF) is Gold fund tracking the MSCI ACWI Select Gold Miners Investable Market Index. Over the past 3 years, IMRX returned -24.01%/yr vs 44.87%/yr for RING. At a 0.08 correlation, their price movements are largely independent.
Performance
IMRX vs. RING - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IMRX achieves a -36.32% return, which is significantly lower than RING's -5.54% return.
IMRX
- 1D
- 1.70%
- 1M
- -22.12%
- YTD
- -36.32%
- 6M
- -31.09%
- 1Y
- 113.78%
- 3Y*
- -24.01%
- 5Y*
- —
- 10Y*
- —
RING
- 1D
- 3.20%
- 1M
- -16.79%
- YTD
- -5.54%
- 6M
- -4.18%
- 1Y
- 56.55%
- 3Y*
- 44.87%
- 5Y*
- 18.76%
- 10Y*
- 13.85%
IMRX vs. RING - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
IMRX Immuneering Corporation | -36.32% | 199.09% | -70.07% | 51.55% | -70.01% | -17.08% |
RING iShares MSCI Global Gold Miners ETF | -5.54% | 164.72% | 15.98% | 12.29% | -15.40% | -5.45% |
Correlation
The correlation between IMRX and RING is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2021 | 0.08 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IMRX vs. RING — Risk / Return Rank
IMRX
RING
IMRX vs. RING - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Immuneering Corporation (IMRX) and iShares MSCI Global Gold Miners ETF (RING). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IMRX | RING | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.23 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.98 | 1.59 | +0.39 |
| Martin ratioReturn relative to average drawdown | 3.30 | 4.45 | -1.15 |
Loading charts...
Drawdowns
IMRX vs. RING - Drawdown Comparison
The maximum IMRX drawdown since its inception was -96.86%, which is greater than RING's maximum drawdown of -79.47%. Use the drawdown chart below to compare losses from any high point for IMRX and RING.
Loading charts...
Drawdown Indicators
| IMRX | RING | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.86% | -79.47% | -17.39% |
Max Drawdown (1Y)Largest decline over 1 year | -57.67% | -35.72% | -21.95% |
Max Drawdown (3Y)Largest decline over 3 years | -90.98% | -35.72% | -55.26% |
Max Drawdown (5Y)Largest decline over 5 years | — | -47.94% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -52.04% | — |
Current DrawdownCurrent decline from peak | -87.24% | -30.03% | -57.21% |
Average DrawdownAverage peak-to-trough decline | -77.61% | -47.36% | -30.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.56% | 12.74% | +21.82% |
Volatility
IMRX vs. RING - Volatility Comparison
Immuneering Corporation (IMRX) has a higher volatility of 33.75% compared to iShares MSCI Global Gold Miners ETF (RING) at 16.83%. This indicates that IMRX's price experiences larger fluctuations and is considered to be riskier than RING based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IMRX | RING | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 33.75% | 16.83% | +16.92% |
Volatility (6M)Calculated over the trailing 6-month period | 79.00% | 39.11% | +39.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 124.22% | 47.31% | +76.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 114.45% | 36.81% | +77.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 114.45% | 36.70% | +77.75% |
Dividends
IMRX vs. RING - Dividend Comparison
IMRX has not paid dividends to shareholders, while RING's dividend yield for the trailing twelve months is around 0.89%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IMRX Immuneering Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RING iShares MSCI Global Gold Miners ETF | 0.89% | 0.84% | 1.43% | 2.01% | 2.29% | 2.38% | 0.83% | 0.83% | 0.70% | 0.42% | 1.41% | 0.96% |
Frequently Asked Questions
IMRX and RING have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IMRX has higher volatility (33.75%) compared to RING (16.83%). In terms of maximum drawdown, IMRX dropped -96.86% vs RING's -79.47%.
RING currently has the higher Sharpe Ratio (1.20 vs 0.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for IMRX and RING
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer