RING vs. FGDL
Compare and contrast key facts about iShares MSCI Global Gold Miners ETF (RING) and Franklin Responsibly Sourced Gold ETF (FGDL).
RING and FGDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. FGDL is a passively managed fund by Franklin that tracks the performance of the LBMA Gold Price PM ($/ozt). It was launched on Jun 30, 2022. Both RING and FGDL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RING or FGDL.
Correlation
The correlation between RING and FGDL 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.
Performance
RING vs. FGDL - Performance Comparison
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Key characteristics
RING:
1.07
FGDL:
1.92
RING:
1.59
FGDL:
2.67
RING:
1.21
FGDL:
1.34
RING:
0.96
FGDL:
4.41
RING:
4.10
FGDL:
11.19
RING:
9.46%
FGDL:
3.19%
RING:
35.39%
FGDL:
18.12%
RING:
-79.48%
FGDL:
-11.26%
RING:
-11.97%
FGDL:
-6.93%
Returns By Period
In the year-to-date period, RING achieves a 38.03% return, which is significantly higher than FGDL's 21.69% return.
RING
38.03%
-8.98%
34.90%
33.39%
7.27%
10.54%
FGDL
21.69%
-3.96%
24.27%
32.42%
N/A
N/A
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RING vs. FGDL - Expense Ratio Comparison
RING has a 0.39% expense ratio, which is higher than FGDL's 0.15% expense ratio.
Risk-Adjusted Performance
RING vs. FGDL — Risk-Adjusted Performance Rank
RING
FGDL
RING vs. FGDL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Gold Miners ETF (RING) and Franklin Responsibly Sourced Gold ETF (FGDL). 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
RING vs. FGDL - Dividend Comparison
RING's dividend yield for the trailing twelve months is around 1.04%, while FGDL has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RING iShares MSCI Global Gold Miners ETF | 1.04% | 1.43% | 2.01% | 2.29% | 2.38% | 0.83% | 0.83% | 0.70% | 0.42% | 1.41% | 0.96% | 0.85% |
FGDL Franklin Responsibly Sourced Gold ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
RING vs. FGDL - Drawdown Comparison
The maximum RING drawdown since its inception was -79.48%, which is greater than FGDL's maximum drawdown of -11.26%. Use the drawdown chart below to compare losses from any high point for RING and FGDL. For additional features, visit the drawdowns tool.
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Volatility
RING vs. FGDL - Volatility Comparison
iShares MSCI Global Gold Miners ETF (RING) has a higher volatility of 13.15% compared to Franklin Responsibly Sourced Gold ETF (FGDL) at 8.74%. This indicates that RING's price experiences larger fluctuations and is considered to be riskier than FGDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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