SDG vs. RING
Compare and contrast key facts about iShares MSCI Global Impact ETF (SDG) and iShares MSCI Global Gold Miners ETF (RING).
SDG and RING are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SDG is a passively managed fund by iShares that tracks the performance of the MSCI ACWI Sustainable Impact Index. It was launched on Apr 20, 2016. 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. Both SDG and RING 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: SDG or RING.
Key characteristics
| SDG | RING | |
|---|---|---|
| YTD Return | 0.01% | 20.02% |
| 1Y Return | 3.19% | 22.18% |
| 3Y Return (Ann) | -3.94% | -2.03% |
| 5Y Return (Ann) | 9.13% | 14.63% |
| Sharpe Ratio | 0.18 | 0.63 |
| Daily Std Dev | 14.33% | 30.02% |
| Max Drawdown | -29.20% | -79.47% |
| Current Drawdown | -15.57% | -34.01% |
Correlation
The correlation between SDG and RING is 0.26, 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
SDG vs. RING - Performance Comparison
In the year-to-date period, SDG achieves a 0.01% return, which is significantly lower than RING's 20.02% 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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SDG vs. RING - Expense Ratio Comparison
SDG has a 0.49% expense ratio, which is higher than RING's 0.39% expense ratio.
Risk-Adjusted Performance
SDG vs. RING - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Global Impact ETF (SDG) and iShares MSCI Global Gold Miners ETF (RING). 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
SDG vs. RING - Dividend Comparison
SDG's dividend yield for the trailing twelve months is around 1.77%, more than RING's 1.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDG iShares MSCI Global Impact ETF | 1.77% | 1.77% | 1.82% | 1.66% | 0.97% | 1.39% | 2.47% | 2.54% | 1.34% | 0.00% | 0.00% | 0.00% |
RING iShares MSCI Global Gold Miners ETF | 1.67% | 2.01% | 2.29% | 2.38% | 0.83% | 0.83% | 0.70% | 0.42% | 1.41% | 0.96% | 0.85% | 1.48% |
Drawdowns
SDG vs. RING - Drawdown Comparison
The maximum SDG drawdown since its inception was -29.20%, smaller than the maximum RING drawdown of -79.47%. Use the drawdown chart below to compare losses from any high point for SDG and RING. For additional features, visit the drawdowns tool.
Volatility
SDG vs. RING - Volatility Comparison
The current volatility for iShares MSCI Global Impact ETF (SDG) is 3.63%, while iShares MSCI Global Gold Miners ETF (RING) has a volatility of 9.63%. This indicates that SDG experiences smaller price fluctuations and is considered to be less risky than RING based on this measure. The chart below showcases a comparison of their rolling one-month volatility.