RING vs. SLVP
Compare and contrast key facts about iShares MSCI Global Gold Miners ETF (RING) and iShares MSCI Global Silver Miners ETF (SLVP).
RING and SLVP 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. SLVP is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Select Silver Miners Investable Market Index. It was launched on Jan 31, 2012. Both RING and SLVP 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 SLVP.
Correlation
The correlation between RING and SLVP 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. SLVP - Performance Comparison
Key characteristics
RING:
1.67
SLVP:
0.86
RING:
2.20
SLVP:
1.43
RING:
1.29
SLVP:
1.17
RING:
1.40
SLVP:
0.74
RING:
6.17
SLVP:
3.05
RING:
9.28%
SLVP:
11.85%
RING:
34.25%
SLVP:
42.19%
RING:
-79.48%
SLVP:
-80.47%
RING:
-7.32%
SLVP:
-29.01%
Returns By Period
In the year-to-date period, RING achieves a 45.32% return, which is significantly higher than SLVP's 34.49% return. Over the past 10 years, RING has outperformed SLVP with an annualized return of 10.61%, while SLVP has yielded a comparatively lower 7.12% annualized return.
RING
45.32%
7.02%
21.20%
49.18%
9.35%
10.61%
SLVP
34.49%
1.11%
6.11%
32.15%
8.76%
7.12%
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RING vs. SLVP - Expense Ratio Comparison
Both RING and SLVP have an expense ratio of 0.39%.
Risk-Adjusted Performance
RING vs. SLVP — Risk-Adjusted Performance Rank
RING
SLVP
RING vs. SLVP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Gold Miners ETF (RING) and iShares MSCI Global Silver Miners ETF (SLVP). 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. SLVP - Dividend Comparison
RING's dividend yield for the trailing twelve months is around 0.98%, more than SLVP's 0.78% yield.
| 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% |
SLVP iShares MSCI Global Silver Miners ETF | 0.78% | 1.05% | 0.87% | 0.64% | 1.62% | 2.39% | 2.02% | 1.27% | 0.85% | 2.32% | 0.71% | 2.03% |
Drawdowns
RING vs. SLVP - Drawdown Comparison
The maximum RING drawdown since its inception was -79.48%, roughly equal to the maximum SLVP drawdown of -80.47%. Use the drawdown chart below to compare losses from any high point for RING and SLVP. For additional features, visit the drawdowns tool.
Volatility
RING vs. SLVP - Volatility Comparison
The current volatility for iShares MSCI Global Gold Miners ETF (RING) is 16.19%, while iShares MSCI Global Silver Miners ETF (SLVP) has a volatility of 19.03%. This indicates that RING experiences smaller price fluctuations and is considered to be less risky than SLVP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.