RING — iShares MSCI Global Gold Miners ETF

RING Price Performance — Growth of $10,000

Value of a $10,000 investment in RING over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

RING Drawdown

The "underwater" chart: RING's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares MSCI Global Gold Miners ETF is a materials sector fund managed by iShares with $2.31 billion in assets under management. It holds a C grade with a score of 52.8 out of 100, ranking eighth among 15 peers in its category and 346th overall across all tracked ETFs. The fund’s 0.39% expense ratio sits below the category median of 0.52%, while its 1.30% dividend yield trails the peer average of 1.43%. Concentration is notable, with the top ten holdings accounting for 70.0% of assets and NeWMont Corporation representing the largest single position at 17.2%.

Price action shows the fund trading at $69.60, which is 27.0% of the way through its 52-week range between $58.21 and $100.41. Short-term returns have been negative, with one-day, one-week, and one-month losses of 2.55%, 9.35%, and 13.64% respectively. In contrast, the three-month period saw a 6.99% gain, while the one-year return of 13.03% outpaced the category median of 10.74%. The three-year return stands at 223.02%, though price history is available for only 3.0 years. The ETFValuer grade has remained unchanged at C over the last 35 tracked days.

Annualized volatility of 50.32% is classified as Very High, indicating significant price fluctuation. The beta of 0.81 suggests the fund moves 81% as much as the broader market, while the Sharpe ratio of 0.16 reflects modest risk-adjusted returns. A maximum drawdown of -38.61% highlights the potential for substantial peak-to-trough declines. Liquidity is supported by an average daily volume of 642,762 shares, facilitating standard trading activity.

AI-generated summary based on the data on this page.

RING Top Holdings

Holdings as of 2026-08-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 70.0% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how RING's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With RING

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with RING's top 10 — GDX overlaps most, holding 8 of the same companies as RING's top 10 (63.7% of RING's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.96% (as of 2026-10-22) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 19.03 (as of 2026-10-22) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.75% (as of 2026-09-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

RING Liquidity, Domicile & Tax Treatment

Liquidity: Average daily volume is 643K/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $2.31B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: RING is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

RING Performance History

How RING Compares to Other Materials ETFs