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RING vs. MIDSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI Global Gold Miners ETF (RING) and Midas Fund (MIDSX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

RING:

1.07

MIDSX:

1.50

Sortino Ratio

RING:

1.59

MIDSX:

2.06

Omega Ratio

RING:

1.21

MIDSX:

1.28

Calmar Ratio

RING:

0.96

MIDSX:

0.61

Martin Ratio

RING:

4.10

MIDSX:

6.18

Ulcer Index

RING:

9.46%

MIDSX:

8.98%

Daily Std Dev

RING:

35.39%

MIDSX:

34.79%

Max Drawdown

RING:

-79.48%

MIDSX:

-94.94%

Current Drawdown

RING:

-11.97%

MIDSX:

-85.15%

Returns By Period

In the year-to-date period, RING achieves a 38.03% return, which is significantly lower than MIDSX's 54.24% return. Over the past 10 years, RING has outperformed MIDSX with an annualized return of 10.54%, while MIDSX has yielded a comparatively lower 5.77% annualized return.


RING

YTD

38.03%

1M

-8.98%

6M

34.90%

1Y

33.39%

5Y*

7.27%

10Y*

10.54%

MIDSX

YTD

54.24%

1M

-7.61%

6M

50.41%

1Y

47.97%

5Y*

3.96%

10Y*

5.77%

*Annualized

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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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RING
The Risk-Adjusted Performance Rank of RING is 8181
Overall Rank
The Sharpe Ratio Rank of RING is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of RING is 8383
Sortino Ratio Rank
The Omega Ratio Rank of RING is 8080
Omega Ratio Rank
The Calmar Ratio Rank of RING is 7979
Calmar Ratio Rank
The Martin Ratio Rank of RING is 8080
Martin Ratio Rank

MIDSX
The Risk-Adjusted Performance Rank of MIDSX is 8484
Overall Rank
The Sharpe Ratio Rank of MIDSX is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of MIDSX is 8888
Sortino Ratio Rank
The Omega Ratio Rank of MIDSX is 8888
Omega Ratio Rank
The Calmar Ratio Rank of MIDSX is 6565
Calmar Ratio Rank
The Martin Ratio Rank of MIDSX is 8989
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current RING Sharpe Ratio is 1.07, which is comparable to the MIDSX Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of RING and MIDSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

RING vs. MIDSX - Dividend Comparison

RING's dividend yield for the trailing twelve months is around 1.04%, while MIDSX has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
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%
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.


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Volatility

RING vs. MIDSX - Volatility Comparison

The current volatility for iShares MSCI Global Gold Miners ETF (RING) is 13.15%, while Midas Fund (MIDSX) has a volatility of 14.07%. This indicates that RING experiences smaller price fluctuations and is considered to be less risky than MIDSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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