Correlation
The correlation between LYSDY and RING is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
LYSDY vs. RING
Compare and contrast key facts about Lynas Rare Earths Ltd ADR (LYSDY) and iShares MSCI Global Gold Miners ETF (RING).
RING is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Select Gold Miners Investable Market Index. It was launched on Jan 31, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LYSDY or RING.
Performance
LYSDY vs. RING - Performance Comparison
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Key characteristics
LYSDY:
0.41
RING:
1.41
LYSDY:
0.81
RING:
1.89
LYSDY:
1.09
RING:
1.25
LYSDY:
0.14
RING:
1.21
LYSDY:
0.86
RING:
5.25
LYSDY:
14.90%
RING:
9.30%
LYSDY:
40.81%
RING:
35.31%
LYSDY:
-99.53%
RING:
-79.48%
LYSDY:
-87.84%
RING:
-5.28%
Returns By Period
In the year-to-date period, LYSDY achieves a 30.89% return, which is significantly lower than RING's 48.52% return. Over the past 10 years, LYSDY has outperformed RING with an annualized return of 28.54%, while RING has yielded a comparatively lower 11.66% annualized return.
LYSDY
30.89%
-5.48%
18.04%
16.70%
-8.86%
29.31%
28.54%
RING
48.52%
2.20%
37.34%
49.45%
19.02%
10.57%
11.66%
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Risk-Adjusted Performance
LYSDY vs. RING — Risk-Adjusted Performance Rank
LYSDY
RING
LYSDY vs. RING - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lynas Rare Earths Ltd ADR (LYSDY) 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.
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Dividends
LYSDY vs. RING - Dividend Comparison
LYSDY has not paid dividends to shareholders, while RING's dividend yield for the trailing twelve months is around 0.96%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
LYSDY Lynas Rare Earths Ltd ADR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.06% |
RING iShares MSCI Global Gold Miners ETF | 0.96% | 1.43% | 2.01% | 2.29% | 2.38% | 0.82% | 0.83% | 0.70% | 0.42% | 1.42% | 0.97% | 0.85% |
Drawdowns
LYSDY vs. RING - Drawdown Comparison
The maximum LYSDY drawdown since its inception was -99.53%, which is greater than RING's maximum drawdown of -79.48%. Use the drawdown chart below to compare losses from any high point for LYSDY and RING.
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Volatility
LYSDY vs. RING - Volatility Comparison
The current volatility for Lynas Rare Earths Ltd ADR (LYSDY) is 12.05%, while iShares MSCI Global Gold Miners ETF (RING) has a volatility of 13.32%. This indicates that LYSDY experiences smaller price fluctuations and is considered to be less risky than RING based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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