RING vs. VDE
Compare and contrast key facts about iShares MSCI Global Gold Miners ETF (RING) and Vanguard Energy ETF (VDE).
RING and VDE 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. VDE is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Energy 25/50 Index. It was launched on Sep 23, 2004. Both RING and VDE 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 VDE.
Key characteristics
| RING | VDE | |
|---|---|---|
| YTD Return | 7.65% | 15.02% |
| 1Y Return | 2.75% | 19.19% |
| 3Y Return (Ann) | -2.12% | 31.77% |
| 5Y Return (Ann) | 11.50% | 12.93% |
| 10Y Return (Ann) | 3.74% | 3.53% |
| Sharpe Ratio | 0.09 | 0.86 |
| Daily Std Dev | 29.73% | 19.48% |
| Max Drawdown | -79.47% | -74.16% |
| Current Drawdown | -40.81% | -2.05% |
Correlation
The correlation between RING and VDE is 0.21, 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. VDE - Performance Comparison
In the year-to-date period, RING achieves a 7.65% return, which is significantly lower than VDE's 15.02% return. Over the past 10 years, RING has outperformed VDE with an annualized return of 3.74%, while VDE has yielded a comparatively lower 3.53% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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RING vs. VDE - Expense Ratio Comparison
RING has a 0.39% expense ratio, which is higher than VDE's 0.10% expense ratio.
Risk-Adjusted Performance
RING vs. VDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Gold Miners ETF (RING) and Vanguard Energy ETF (VDE). 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. VDE - Dividend Comparison
RING's dividend yield for the trailing twelve months is around 1.87%, less than VDE's 2.88% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RING iShares MSCI Global Gold Miners ETF | 1.87% | 2.01% | 2.29% | 2.38% | 0.83% | 0.83% | 0.70% | 0.42% | 1.41% | 0.96% | 0.85% | 1.48% |
VDE Vanguard Energy ETF | 2.88% | 3.34% | 3.65% | 4.13% | 4.76% | 3.59% | 3.35% | 2.90% | 2.31% | 3.17% | 1.98% | 1.74% |
Drawdowns
RING vs. VDE - Drawdown Comparison
The maximum RING drawdown since its inception was -79.47%, which is greater than VDE's maximum drawdown of -74.16%. Use the drawdown chart below to compare losses from any high point for RING and VDE. For additional features, visit the drawdowns tool.
Volatility
RING vs. VDE - Volatility Comparison
iShares MSCI Global Gold Miners ETF (RING) has a higher volatility of 8.12% compared to Vanguard Energy ETF (VDE) at 3.69%. This indicates that RING's price experiences larger fluctuations and is considered to be riskier than VDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.