RING vs. MIDSX
Compare and contrast key facts about iShares MSCI Global Gold Miners ETF (RING) and Midas Fund (MIDSX).
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. MIDSX is managed by Midas. It was launched on Jan 7, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RING or MIDSX.
Correlation
The correlation between RING and MIDSX 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
RING vs. MIDSX - Performance Comparison
Key characteristics
RING:
1.67
MIDSX:
2.18
RING:
2.20
MIDSX:
2.63
RING:
1.29
MIDSX:
1.36
RING:
1.40
MIDSX:
0.79
RING:
6.17
MIDSX:
8.13
RING:
9.28%
MIDSX:
8.83%
RING:
34.25%
MIDSX:
33.03%
RING:
-79.48%
MIDSX:
-94.94%
RING:
-7.32%
MIDSX:
-84.58%
Returns By Period
In the year-to-date period, RING achieves a 45.32% return, which is significantly lower than MIDSX's 60.17% return. Over the past 10 years, RING has outperformed MIDSX with an annualized return of 10.61%, while MIDSX has yielded a comparatively lower 6.07% annualized return.
RING
45.32%
7.02%
21.20%
49.18%
9.35%
10.61%
MIDSX
60.17%
13.86%
28.57%
64.35%
6.83%
6.07%
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RING vs. MIDSX - Expense Ratio Comparison
RING has a 0.39% expense ratio, which is lower than MIDSX's 4.25% expense ratio.
Risk-Adjusted Performance
RING vs. MIDSX — Risk-Adjusted Performance Rank
RING
MIDSX
RING vs. MIDSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Gold Miners ETF (RING) and Midas Fund (MIDSX). 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
RING vs. MIDSX - Dividend Comparison
RING's dividend yield for the trailing twelve months is around 0.98%, while MIDSX 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 | 0.98% | 1.43% | 2.01% | 2.29% | 2.38% | 0.82% | 0.83% | 0.70% | 0.42% | 1.42% | 0.97% | 0.85% |
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% |
Drawdowns
RING vs. MIDSX - Drawdown Comparison
The maximum RING drawdown since its inception was -79.48%, smaller than the maximum MIDSX drawdown of -94.94%. Use the drawdown chart below to compare losses from any high point for RING and MIDSX. For additional features, visit the drawdowns tool.
Volatility
RING vs. MIDSX - Volatility Comparison
iShares MSCI Global Gold Miners ETF (RING) and Midas Fund (MIDSX) have volatilities of 16.19% and 15.64%, 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.