MIDSX vs. RING
Compare and contrast key facts about Midas Fund (MIDSX) and iShares MSCI Global Gold Miners ETF (RING).
MIDSX is managed by Midas. It was launched on Jan 7, 1986. 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: MIDSX or RING.
Correlation
The correlation between MIDSX and RING is 0.17, 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.
Performance
MIDSX vs. RING - Performance Comparison
Key characteristics
MIDSX:
2.13
RING:
1.69
MIDSX:
2.59
RING:
2.21
MIDSX:
1.36
RING:
1.29
MIDSX:
0.77
RING:
1.43
MIDSX:
7.95
RING:
6.23
MIDSX:
8.84%
RING:
9.29%
MIDSX:
33.03%
RING:
34.06%
MIDSX:
-95.27%
RING:
-79.48%
MIDSX:
-85.57%
RING:
-6.55%
Returns By Period
In the year-to-date period, MIDSX achieves a 60.17% return, which is significantly higher than RING's 46.53% return. Over the past 10 years, MIDSX has underperformed RING with an annualized return of 6.18%, while RING has yielded a comparatively higher 11.05% annualized return.
MIDSX
60.17%
13.17%
31.25%
64.35%
6.67%
6.18%
RING
46.53%
8.11%
22.68%
50.42%
9.46%
11.05%
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MIDSX vs. RING - Expense Ratio Comparison
MIDSX has a 4.25% expense ratio, which is higher than RING's 0.39% expense ratio.
Risk-Adjusted Performance
MIDSX vs. RING — Risk-Adjusted Performance Rank
MIDSX
RING
MIDSX vs. RING - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Midas Fund (MIDSX) 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.
Dividends
MIDSX vs. RING - Dividend Comparison
MIDSX has not paid dividends to shareholders, while RING's dividend yield for the trailing twelve months is around 0.98%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
MIDSX Midas Fund | 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 | 0.98% | 1.43% | 2.01% | 2.29% | 2.38% | 0.82% | 0.83% | 0.70% | 0.42% | 1.42% | 0.97% | 0.85% |
Drawdowns
MIDSX vs. RING - Drawdown Comparison
The maximum MIDSX drawdown since its inception was -95.27%, which is greater than RING's maximum drawdown of -79.48%. Use the drawdown chart below to compare losses from any high point for MIDSX and RING. For additional features, visit the drawdowns tool.
Volatility
MIDSX vs. RING - Volatility Comparison
Midas Fund (MIDSX) and iShares MSCI Global Gold Miners ETF (RING) have volatilities of 15.61% and 16.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.