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RING
iShares MSCI Global Gold Miners ETF

Price: $29.20
Change: $0.18 (-0.01%)
Category: Materials
Last Updated:

Vitals

Investment Themes

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $13.96
  • 52 Week Hi $37.96
  • AUM $473.6 M
  • Shares 16.0 M

Analyst Report

This ETF offers investors exposure to some of the largest gold mining companies in the world, thereby delivering what can be thought of as "indirect" exposure to gold prices. RING sets itself apart from competitors like GDX by offering international exposure; the underlying holdings are spread out across both developed and emerging markets. Because the profitability of gold miners depends on the prevailing market price for the goods that they sell, these stocks will generally exhibit a strong correlations to movements in spot gold prices. When gold prices go up, gold miners make more money (and vice versa). It should be noted, however, that this relationship is not perfect; in certain environments, gold miner stocks and physical gold prices can move in opposite directions, and correlation between the two can be less than perfect. There are a number of potential benefits to investing in gold through stocks. Some investors have a hard time with the fact that physical gold will never make a distribution or generate a cash flow; gold miner stocks make dividends and report earnings, which can make valuation more straightforward. Also, gold miner stocks tend to trade as leveraged plays on spot gold prices; investors seeking to ramp up exposure may prefer to use stocks instead of the physical metal. RING is by far the most appealing gold miners ETF available from a cost perspective; this fund charges a mere 0.39% in expense fees compared to the next cheapest product, GDX, which costs 0.53%. Similar to GDX, this ETF holds a number of diversified mining companies which generate revenues from metals other than gold. Investors should consider GGGG as it offer more a pure play on the gold mining sector by holding companies that derive a significant portion of their revenues from the previous yellow metal.

Historical Trading Data

  • 1 Month Avg. Volume 337,682
  • 3 Month Avg. Volume 210,500

Alternative ETFs in the Materials Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest FMAT 0.08% $233.3 M 51,188 17.29%
Largest (AUM) GDX 0.53% $16.0 B 23 M 20.59%
Most Liquid (Volume) GDX 0.53% $16.0 B 23 M 20.59%
Top YTD Performer COPX 0.65% $175.1 M 127,334 43.94%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.

45
Number of Holdings
71.78%
% Assets in Top 10
82.84%
% Assets in Top 15
99.99%
% Assets in Top 50
 
View Detailed Analysis
 
Number of Holdings
45
Rank
14 of 29
Low
REMX (23)
High
PICK (197)
% Assets in Top 10
71.78%
Rank
27 of 29
Low
HOMZ (18.64%)
High
SIL (76.45%)
% Assets in Top 15
82.84%
Rank
5 of 29
Low
HOMZ (26.18%)
High
SIL (89.03%)
% Assets in Top 50
99.99%
Rank
11 of 29
Low
HOMZ (64.80%)
High
SLVP (100.04%)

 
View Summary Analysis
 

Sector Breakdown

Asset Percentage
Common equity 99.75%
ETF Cash Component 0.25%
Sector Percentage
Basic Materials 95.49%
Other 4.27%
ETF Cash Component 0.25%
Market Cap Percentage
Large cap 75.81%
Mid cap 15.27%
Small cap 7.12%
Micro cap 1.55%
ETF Cash Component 0.25%
Region Percentage
North America 75.55%
Africa 12.5%
Asia-Pacific 6.18%
Europe 5.28%
ETF Cash Component 0.25%
Asia 0.24%
Region Percentage
Developed Markets (ex-US) 64.27%
United States 20.34%
Emerging Markets 13.13%
Frontier Markets 2.0%
ETF Cash Component 0.25%
Country Percentage
Canada 55.21%
United States 20.34%
South Africa 12.5%
Australia 6.18%
United Kingdom 2.89%
Cyprus 2.0%
Turkey 0.39%
ETF Cash Component 0.25%
Indonesia 0.24%
 
View Less Charts
 
Asset Percentage
Common equity 99.75%
ETF Cash Component 0.25%
 
View More Charts
 

RING Valuation

This section shows how the P/E multiple of this ETF compares to the peer group ETFdb.com Category.

P/E Ratio
21.83
Rank
13 of 27
Low
WOOD (11.3)
High
SIL (41.94)

RING Dividend

This section shows how the dividend yield of this ETF compares to the peer group ETFdb.com Category.

Dividend
$0.10
Dividend Date
2020-06-15
Annual Dividend Rate
$0.16

$0.10
Dividend
2020-06-15
Dividend Date
$0.16
Annual Dividend Rate
Annual Dividend Yield
0.53%
Rank
22 of 28
Low
GOAU (0.13%)
High
PICK (3.19%)

RING Fund Flows

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: -21.95 M 3 Month Net Flows: -12.48 M 6 Month Net Flows: 9.08 M 1 Year Net Flows: 118.28 M 3 Year Net Flows: 20.93 M 5 Year Net Flows: 331.7 M 10 Year Net Flows: 433.79 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for RING on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Materials with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Sign Up for Pro to Unlock Data Sign Up
Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A- n/a
Expenses A n/a
Performance
Volatility
Dividend
Concentration

A+ Overall Rated ETF:

RING Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.

Expenses Ratio Analysis

ETF Average
0.534%
ETF Wtd. Average
-0.13%
Category Average
0.47%
Expense Ratio
0.39%
Rank
8 of 29
Low
FMAT (0.08%)
High
BATT (0.72%)
ESG Themes and Scores
5.36/10
ESG Score
37.49%
Global Percentile
40.0%
Peer Percentile
Environmental
Social
Governance
  • Environmental Scores
    • Revenue Exposure to Environmental Impact (%)
      Higher is better, no ESG score impact
    • Severe Environment Controversies (%)
      Lower improves ESG score
    • Sustainable Impact Solutions (%)
      0.0%
      Higher is better, no ESG score impact
    Carbon Intensity
    • Weighted Average Carbon Intensity (Tons of CO2e / $M Sales)
      489.55
      Higher is worse, no ESG score impact
    Fossil Fuel Reserves
    • Fossil Fuel Reserves (%)
      Higher is worse, no ESG score impact
    • High Impact Fossil Fuel Reserves (%)
      Higher is worse, no ESG score impact
    Water Stress
    • Water Stress High Risk Business Segment (%)
      Lower improves ESG score
    • Water Stress High Risk Geography (%)
      Lower improves ESG score
    • Water Stress Exposure Moderate (%)
      Lower improves ESG score
    • Water Stress Exposure High (%)
      Lower improves ESG score
    • Water Stress Exposure Low (%)
      Higher improves ESG score
    Energy Efficiency
    • Revenue Exposure to Energy Efficiency (%)
      Higher is better, no ESG score impact
    Alternative Energy
    • Revenue Exposure to Alternative Energy (%)
      Higher is better, no ESG score impact
    Green Building
    • Revenue Exposure to Green Building (%)
      Higher is better, no ESG score impact
    Pollution Prevention
    • Revenue Exposure to Pollution Prevention (%)
      Higher is better, no ESG score impact
    Water Sustainability
    • Revenue Exposure to Water Sustainability (%)
      Higher is better, no ESG score impact
  • Social Scores
    • Revenue Exposure to Social Impact (%)
      Higher is better, no ESG score impact
    • Sustainable Impact Solutions (%)
      0.0%
      Higher is better, no ESG score impact
    • SRI Exclusion Criteria (%)
      6.59%
      Higher is worse, no ESG score impact
    Affordable Real Estate
    • Revenue Exposure to Affordable Real Estate (%)
      Higher is better, no ESG score impact
    Education
    • Revenue Exposure to Education (%)
      Higher is better, no ESG score impact
    Major Disease Treatment
    • Revenue Exposure to Major Disease Treatment (%)
      Higher is better, no ESG score impact
    Healthy Nutrition
    • Revenue Exposure to Nutrition (%)
      Higher is better, no ESG score impact
    Global Sanitation
    • Revenue Exposure to Sanitation (%)
      Higher is better, no ESG score impact
    SME Finance
    • Revenue Exposure to SME Finance (%)
      Higher is better, no ESG score impact
    Human Rights Violations
    • Human Rights Norms Violation (%)
      Higher is worse, no ESG score impact
    • Human Rights Norms Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Severe Human Rights Controversies (%)
      Lower improves ESG score
    Labor Rights Violations
    • Labor Norms Violation (%)
      Higher is worse, no ESG score impact
    • Labor Norms Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    • Severe Labor Controversies (%)
      Lower improves ESG score
    Customer Controversies
    • Severe Customer Controversies (%)
      Lower improves ESG score
    UN Principles Violations
    • Global Compact Compliance Violation (%)
      Higher is worse, no ESG score impact
    • Global Compact Compliance Violation OR Watch List (%)
      Higher is worse, no ESG score impact
    Catholic Values
    • Catholic Values Fail (%)
      Higher is worse, no ESG score impact
    Sharia Compliant Investing
    • Islamic Non-Compliant (%)
      Higher is worse, no ESG score impact
    Adult Entertainment
    • Adult Entertainment Involvement (%)
      Higher is worse, no ESG score impact
    Alcohol
    • Alcohol Involvement (%)
      Higher is worse, no ESG score impact
    Gambling
    • Gambling Involvement (%)
      Higher is worse, no ESG score impact
    Nuclear Power
    • Nuclear Power Involvement (%)
      Higher is worse, no ESG score impact
    Tobacco
    • Tobacco Involvement (%)
      Higher is worse, no ESG score impact
    Weapons Involvement
    • Weapons Involvement (%)
      Higher is worse, no ESG score impact
    • Controversies Weapons Involvement (%)
      Higher is worse, no ESG score impact
    Firearms
    • Civilian Firearms Involvement (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Retailer (%)
      Higher is worse, no ESG score impact
    • Civilian Firearms Producer (%)
      Higher is worse, no ESG score impact
    Predatory Lending
    • Direct Predatory Lending Involvement (%)
      Higher is worse, no ESG score impact
    GMO Involvement
    • Genetic Engineering Involvement (%)
      Higher is worse, no ESG score impact
  • Responsible Governance Score
    • Severe Governance Controversies (%)
      Lower improves ESG score
    Board Flag
    • Board Flag (%)
      Lower improves ESG score
    Board Independence
    • Lack of Independent Board Majority (%)
      Lower improves ESG score
    • Board Independence (0-25%) (%)
      Lower improves ESG score
    • Board Independence (25-50%) (%)
      Lower improves ESG score
    • Board Independence (50-75%) (%)
      Higher improves ESG score
    • Board Independence (75-100%) (%)
      Higher improves ESG score
    Board Diversity
    • No Female Directors (%)
      Lower improves ESG score
    • Three OR More Female Directors (%)
      Higher improves ESG score
    • Females Represent 30% of Directors (%)
      Higher improves ESG score
    Entrenched Board
    • Entrenched Board (%)
      Lower improves ESG score
    Overboarding
    • Overboarding (%)
      Lower improves ESG score
    Shareholder Rights
    • Negative Director Votes (%)
      Lower improves ESG score
    • Ownership AND Control Flag (%)
      Lower improves ESG score
    • One Share One Vote (%)
      Lower improves ESG score
    • No Annual Director Elections (%)
      Lower improves ESG score
    • Does Not Use Majority Voting (%)
      Lower improves ESG score
    • Significant Votes Against Pay Practices (%)
      Lower improves ESG score
    Fund Ownership
    • Controlling Shareholder (%)
      Lower improves ESG score
    • Controlling Shareholder Concerns (%)
      Lower improves ESG score
    • Cross Shareholdings (%)
      Lower improves ESG score
    Poison Pill
    • Poison Pill (%)
      Lower improves ESG score
    Executive Compensation
    • Pay Flag (%)
      Lower improves ESG score
    • No Pay Performance Link (%)
      Lower improves ESG score
    • Lack of Internal Pay Equity (%)
      Lower improves ESG score
    • Executive Pay Non-Disclosure (%)
      Lower improves ESG score
    Accounting Flags
    • Accounting Flag (%)
      Lower improves ESG score

RING Performance

This section shows how this ETF has performed relative to its peer group ETFdb.com Category.

3.55%
1 Week Return
-14.84%
4 Week Return
-14.37%
13 Week Return
10.64%
26 Week Return
21.76%
Year to Date Return
30.51%
1 Year Return
65.67%
3 Year Return
177.94%
5 Year Return
 
View Detailed Analysis
 
1 Week Return
3.55%
Rank
12 of 29
Low
BATT (-0.41%)
High
PICK (8.93%)
4 Week Return
-14.84%
Rank
29 of 29
Low
RING (-14.84%)
High
SLX (28.87%)
13 Week Return
-14.37%
Rank
29 of 29
Low
RING (-14.37%)
High
SLX (39.93%)
26 Week Return
10.64%
Rank
27 of 29
Low
SGDM (8.70%)
High
COPX (68.77%)
Year to Date Return
21.76%
Rank
11 of 29
Low
CUT (11.92%)
High
COPX (43.94%)
1 Year Return
30.51%
Rank
10 of 29
Low
HOMZ (14.73%)
High
COPX (61.85%)
3 Year Return
65.67%
Rank
2 of 27
Low
REMX (-21.60%)
High
GOAU (70.07%)
5 Year Return
177.94%
Rank
3 of 25
Low
CUT (44.03%)
High
GOEX (194.30%)

 
View Summary Analysis
 

RING Price and Volume Chart

RING Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.

 
View Detailed Analysis
 
5 Day Volatility
358.28%
Rank
9 of 29
Low
RTM (23.66%)
High
SILJ (463.28%)
20 Day Volatility
37.36%
Rank
6 of 29
Low
MXI (16.86%)
High
SLVP (42.69%)
50 Day Volatility
38.94%
Rank
7 of 29
Low
MXI (20.20%)
High
SILJ (51.39%)
200 Day Volatility
41.32%
Rank
10 of 29
Low
CUT (19.43%)
High
SILJ (55.11%)
Beta
0.72
Rank
28 of 29
Low
GDX (0.72)
High
SILJ (1.66)
Standard Deviation
4.91%
Rank
17 of 29
Low
BATT (1.72%)
High
VAW (15.44%)

 
View Summary Analysis
 

Technicals

  • 20 Day MA $29.97
  • 60 Day MA $31.91
  • MACD 15 Period -0.14
  • MACD 100 Period -3.76
  • Williams % Range 10 Day 28.07
  • Williams % Range 20 Day 72.78
  • RSI 10 Day 44
  • RSI 20 Day 43
  • RSI 30 Day 44
  • Ultimate Oscillator 64

Bollinger Brands

  • Lower Bollinger (10 Day) $27.23
  • Upper Bollinger (10 Day) $30.33
  • Lower Bollinger (20 Day) $26.76
  • Upper Bollinger (20 Day) $33.28
  • Lower Bollinger (30 Day) $27.27
  • Upper Bollinger (30 Day) $34.02

Support & Resistance

  • Support Level 1 $28.99
  • Support Level 2 $28.78
  • Resistance Level 1 $29.46
  • Resistance Level 2 $29.72

Stochastic

  • Stochastic Oscillator %D (1 Day) 51.90
  • Stochastic Oscillator %D (5 Day) 71.22
  • Stochastic Oscillator %K (1 Day) 59.79
  • Stochastic Oscillator %K (5 Day) 60.16

Fact Sheet

Fact sheets are issued by the ETF provider and framed by ETFdb.com. Information contained within the fact sheet is not guaranteed to be timely or accurate.

Download the fact sheet PDF

Disclosures

Copyright © 2020 FactSet Research Systems Inc. All rights reserved.

Copyright MSCI ESG Research LLC [2018]. All Rights Reserved. MSCI ESG Research LLC’s (“MSCI ESG”) Fund Metrics products (the “Information”) provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted, to nor received approval from, the US SEC or any other regulatory body. None of the information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. All Information is provided solely for your internal use, and may not be reproduced or redisseminated in any form without express prior written permission from MSCI. Neither MSCI ESG nor any of its affiliates or any third party involved in or related to creating any Information makes any express or implied warranties, representations or guarantees, and in no event will MSCI ESG or any such affiliate or third party have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) relating to any Information. More information on MSCI ESG Fund Metrics, provided by MSCI ESG Research LLC, can be found at https://www.msci.com/esg-fund-metrics.
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Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use, please see disclaimer.
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