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UI vs. RING
Performance
Return for Risk
Drawdowns
Volatility
Dividends

UI vs. RING

Last updated Jun 13, 2026

UI (Ubiquiti Inc.) is a stock, while RING (iShares MSCI Global Gold Miners ETF) is Gold fund tracking the MSCI ACWI Select Gold Miners Investable Market Index. Over the past 10 years, UI returned 31.83%/yr vs 13.85%/yr for RING. At a 0.10 correlation, their price movements are largely independent.

Performance

UI vs. RING - Performance Comparison

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

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Returns By Period

In the year-to-date period, UI achieves a 6.65% return, which is significantly higher than RING's -5.54% return. Over the past 10 years, UI has outperformed RING with an annualized return of 31.83%, while RING has yielded a comparatively lower 13.85% annualized return.

UI

1D
1.20%
1M
-11.32%
YTD
6.65%
6M
5.14%
1Y
48.81%
3Y*
49.97%
5Y*
14.06%
10Y*
31.83%

RING

1D
3.20%
1M
-16.79%
YTD
-5.54%
6M
-4.18%
1Y
56.55%
3Y*
44.87%
5Y*
18.76%
10Y*
13.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

UI vs. RING - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
UI
Ubiquiti Inc.		6.65%67.72%141.15%-48.23%-9.99%10.83%48.49%91.65%40.69%22.87%
RING
iShares MSCI Global Gold Miners ETF		-5.54%164.72%15.98%12.29%-15.40%-7.46%24.98%49.92%-13.14%10.24%

Correlation

The correlation between UI and RING is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.32

Correlation (3Y)
Calculated over the trailing 3-year period

0.24

Correlation (5Y)
Calculated over the trailing 5-year period

0.22

Correlation (10Y)
Calculated over the trailing 10-year period

0.12

Correlation (All Time)
Calculated using the full available price history since Feb 2, 2012

0.10

Over the past year, UI and RING have become more correlated (0.32) than their long-term average of 0.10, meaning their price movements have been converging.

Compare stocks, funds, or ETFs

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Ubiquiti Inc.

iShares MSCI Global Gold Miners ETF

Often compared with UI:
UI vs. QQQUI vs. DXPEUI vs. ANETUI vs. MSFTUI vs. MPWRUI vs. VOOUI vs. SPY
Often compared with RING:
RING vs. GDXRING vs. GLDRING vs. SLVPRING vs. AUMIRING vs. GOLDRING vs. FGDLRING vs. SPY

Return for Risk

UI vs. RING — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
UI
UI Risk / Return Rank: 6767
Overall Rank
UI Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
UI Sortino Ratio Rank: 6767
Sortino Ratio Rank
UI Omega Ratio Rank: 6969
Omega Ratio Rank
UI Calmar Ratio Rank: 6464
Calmar Ratio Rank
UI Martin Ratio Rank: 6565
Martin Ratio Rank
RING
RING Risk / Return Rank: 3636
Overall Rank
RING Sharpe Ratio Rank: 3838
Sharpe Ratio Rank
RING Sortino Ratio Rank: 3434
Sortino Ratio Rank
RING Omega Ratio Rank: 3939
Omega Ratio Rank
RING Calmar Ratio Rank: 3636
Calmar Ratio Rank
RING Martin Ratio Rank: 3333
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UI vs. RING - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ubiquiti Inc. (UI) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

UIRINGDifference
Sharpe ratioReturn per unit of total volatility
0.79
1.20

-0.41

Sortino ratioReturn per unit of downside risk
1.45
1.62

-0.17

Omega ratioGain probability vs. loss probability

1.20

1.23

-0.02

Calmar ratioReturn relative to maximum drawdown

1.01

1.59

-0.58

Martin ratioReturn relative to average drawdown

2.43

4.45

-2.02

UI vs. RING - Sharpe Ratio Comparison

The current UI Sharpe Ratio is 0.79, which is lower than the RING Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of UI and RING, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

UI vs. RING - Drawdown Comparison

The maximum UI drawdown since its inception was -77.49%, roughly equal to the maximum RING drawdown of -79.47%. Use the drawdown chart below to compare losses from any high point for UI and RING.

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Drawdown Indicators

UIRINGDifference

Max Drawdown

Largest peak-to-trough decline

-77.49%

-79.47%

+1.98%

Max Drawdown (1Y)

Largest decline over 1 year

-48.52%

-35.72%

-12.80%

Max Drawdown (3Y)

Largest decline over 3 years

-48.52%

-35.72%

-12.80%

Max Drawdown (5Y)

Largest decline over 5 years

-69.44%

-47.94%

-21.50%

Max Drawdown (10Y)

Largest decline over 10 years

-72.21%

-52.04%

-20.17%

Current Drawdown

Current decline from peak

-45.64%

-30.03%

-15.61%

Average Drawdown

Average peak-to-trough decline

-26.55%

-47.36%

+20.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

20.16%

12.74%

+7.42%

Volatility

UI vs. RING - Volatility Comparison

The current volatility for Ubiquiti Inc. (UI) is 11.58%, while iShares MSCI Global Gold Miners ETF (RING) has a volatility of 16.83%. This indicates that UI 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.

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Volatility by Period

UIRINGDifference

Volatility (1M)

Calculated over the trailing 1-month period

11.58%

16.83%

-5.25%

Volatility (6M)

Calculated over the trailing 6-month period

40.18%

39.11%

+1.07%

Volatility (1Y)

Calculated over the trailing 1-year period

62.03%

47.31%

+14.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

48.64%

36.81%

+11.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

47.98%

36.70%

+11.28%

Dividends

UI vs. RING - Dividend Comparison

UI's dividend yield for the trailing twelve months is around 0.54%, less than RING's 0.89% yield.

PositionTTM20252024202320222021202020192018201720162015
RING
iShares MSCI Global Gold Miners ETF		0.89%0.84%1.43%2.01%2.29%2.38%0.83%0.83%0.70%0.42%1.41%0.96%
UI
Ubiquiti Inc.		0.54%0.51%0.72%1.72%0.88%0.65%0.50%0.58%0.50%0.00%0.00%0.00%

Frequently Asked Questions

UI and RING have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RING has higher volatility (16.83%) compared to UI (11.58%). In terms of maximum drawdown, UI dropped -77.49% vs RING's -79.47%.

RING currently has the higher Sharpe Ratio (1.20 vs 0.79), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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