Tearsheet

Key Takeaways

  • RING has returned -3.1% YTD vs +9.8% for SPY; +63.8% over the past 12 months (SPY +26.7%). details →
  • Priced in gold, RING has returned +45.4% over the past 3 years, vs +220.7% in dollars. details →
  • Over the past month, RING has seen net outflows of −$170M (−6.7% of assets). details →
  • RING trades 28% below its 52-week high. details →
  • RING's -3.1% YTD is behind its typical pace — it averaged +12.2% at this point (June 21) over the past 5 years. details →
Last updated: 6/21/2026.

Price Chart

Asset Allocation with RING

Risk Tolerance:
ConservativeModerateAggressive
Moderate — 55% equity / 25% bonds / 20% alternatives
10Y Return (ann.)
+12.4%
Volatility
21.3%
Sharpe
0.53
YTD
-0.9%
Modeled with monthly rebalancing to target weights; 10-year figures are annualized from monthly returns. Illustrative only — past performance is not indicative of future results.

Learn More →
Tailored Asset Allocation
[1] Personalized 5 Level Risk Tolerance Assessment
[2] Asset Allocation for My Risk Tolerance
Learn More →
Protect Wealth
[1] Defensive Portfolios
[2] Tax-Efficient Strategies

Top 20 Holdings for RING

Total Weights
Top 5: 21.2% | Top 10: 21.2% | Top 20: 21.2%

TickerHoldingETF WeightSales WeightEarnings WeightFwd P/SFwd P/EFwd Sales GrowthFwd Earnings Growth
Total20.26%100.00%100.00%3.39.7+7.8%+11.4%
Top 2019.99%98.75%98.82%3.39.7+7.5%+10.5%
NEMNewmont16.55%82.34%83.52%3.89.5+6.0%+10.8%
nullN/A1.19%
CDECoeur Mining3.44%16.41%15.30%2.110.5+11.4%+8.8%
[1] Total and Top 20 rows are weighted aggregates across constituents.
[2] Forward P/S and P/E ratios use consensus sales and earnings for the 12 months ending 6/30/27. Individual constituent FY1 and FY2 consensus figures adjusted to align with 6/30/27.
[3] Forward Sales and Non-GAAP Earnings Growth are calculated as next fiscal year (FY2) consensus growth over current fiscal year (FY1) consensus. They are not derived from the forward P/S and P/E multiples shown.

Performance for RING Top Holdings

TickerHoldingWeightMkt Price
6/21
1D Rtn1M RtnYTD Rtn1Y Rtn3Y Rtn5Y Rtn10Y Rtn
RINGiShares MSCI Global Gold Miners ETF100.00%71.350.0%-3.9%-3.1%63.8%220.7%169.9%277.9%
NEMNewmont16.55%103.790.0%-3.4%4.4%80.1%163.1%90.7%274.7%
nullN/A1.19%        
CDECoeur Mining3.44%17.510.0%-0.7%-1.7%97.0%508.7%89.3%84.9%

Guidance Updates for RING Top Holdings

 

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
RING Return-7%-15%12%16%165%-1%168%
Peers Return25%-0%-5%13%137%11%252%
S&P 500 Return27%-19%24%23%16%8%98%

Monthly Win Rates [3]
RING Win Rate58%42%58%50%83%50% 
Peers Win Rate48%40%45%53%73%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
RING Max Drawdown-28%-48%-28%-23%-19%-36% 
Peers Max Drawdown-31%-35%-32%-29%-21%-34% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NEM, AEM, GOLD, FNV, AU.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/18/2026 (YTD)

Sharpe Ratios Compared

One measure of reward vs. risk is a Sharpe ratio. A higher ratio indicates better risk-adjusted returns. Most funds have Sharpe ratios < 1.0.

Ticker1Y3Y5Y
RING1.491.170.60
Equity Top Results (3Y)   
NASA5.735.735.73
ARKX4.134.134.13
OMFL3.753.753.75
IALT2.842.842.84
NUSC2.362.362.36

Results as of 5312026.

How Low Can It Go

EventRINGS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-18.7%-9.5%
  % Gain to Breakeven23.0%10.5%
  Time to Breakeven56 days24 days
2023 SVB Regional Banking Crisis
  % Loss-10.7%-6.7%
  % Gain to Breakeven12.0%7.1%
  Time to Breakeven8 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-34.9%-24.5%
  % Gain to Breakeven53.5%32.4%
  Time to Breakeven121 days427 days
2020 COVID-19 Crash
  % Loss-31.8%-33.7%
  % Gain to Breakeven46.5%50.9%
  Time to Breakeven31 days140 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-30.3%-3.7%
  % Gain to Breakeven43.5%3.9%
  Time to Breakeven944 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-14.3%-12.2%
  % Gain to Breakeven16.7%13.9%
  Time to Breakeven51 days62 days

Compare to NEM, AEM, GOLD, FNV, AU

In The Past

iShares MSCI Global Gold Miners ETF's stock fell -5.9% during the 2025 US Tariff Shock. Such a loss loss requires a 6.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventRINGS&P 500
2022 Inflation Shock & Fed Tightening
  % Loss-34.9%-24.5%
  % Gain to Breakeven53.5%32.4%
  Time to Breakeven121 days427 days
2020 COVID-19 Crash
  % Loss-31.8%-33.7%
  % Gain to Breakeven46.5%50.9%
  Time to Breakeven31 days140 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-30.3%-3.7%
  % Gain to Breakeven43.5%3.9%
  Time to Breakeven944 days6 days
2014-2016 Oil Price Collapse
  % Loss-53.8%-6.8%
  % Gain to Breakeven116.2%7.3%
  Time to Breakeven164 days15 days
2013 Taper Tantrum
  % Loss-28.5%-0.2%
  % Gain to Breakeven39.9%0.2%
  Time to Breakeven941 days1 days

Compare to NEM, AEM, GOLD, FNV, AU

In The Past

iShares MSCI Global Gold Miners ETF's stock fell -5.9% during the 2025 US Tariff Shock. Such a loss loss requires a 6.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

RING Dip Buy History


Get Notified
Alerts when dip buy opportunities arise.
Notify Me →

Current Dip Buy Opportunities Across ETFs

ETFs currently down 5% or more from trailing 6M peaks.

TickerNameDip %Mkt PricePrice DatePeak PricePeak Date# Days
MAGSRoundhill Magnificent Seven ETF-7.8%65.44621202670.94514202638
AKREAkre Focus ETF-20.2%53.15621202666.591062026166
EWZiShares MSCI Brazil ETF-19.2%33.73621202641.73414202668
FXIiShares China Large-Cap ETF-18.3%33.30621202640.781292026143
ILFiShares Latin America 40 ETF-11.0%33.90621202638.10414202668
KWEBKraneShares CSI China Internet ETF-33.0%25.24621202637.661122026160
SCHYSchwab International Dividend Equity ETF-5.2%31.97621202633.733012026112
COWZPacer US Cash Cows 100 ETF-5.6%61.80621202665.48601202620
URAGlobal X Uranium ETF-22.7%47.78621202661.811282026144
BOTZGlobal X Funds Global X Robotics & Artificial Intelligence ETF-7.8%38.37621202641.63513202639
LITGlobal X Lithium & Battery Tech ETF-10.3%82.15621202691.62511202641
ICLNiShares Global Clean Energy ETF-11.2%21.10621202623.75602202619
ARKQARK Autonomous Technology & Robotics ETF-7.4%133.176212026143.82528202624
ARKWARK Next Generation Internet ETF-5.9%146.636212026155.7812222025181
ARKXARK Space & Defense Innovation ETF-8.4%34.56621202637.74528202624
NASATema Space Innovators ETF-25.4%31.25621202641.89527202625
CGBLCapital Group Core Balanced ETF-6.2%34.41621202636.672252026116
GDEWisdomTree Efficient Gold Plus Equity Strategy Fund-9.1%63.98621202670.39511202641
RAAXVanEck Real Assets ETF-6.3%40.03621202642.70511202641
XLVState Street Health Care Select Sector SPDR ETF-6.4%149.406212026159.543012026112
XLEState Street Energy Select Sector SPDR ETF-14.1%53.77621202662.56329202684
XLCState Street Communication Services Select Sector SPDR ETF-8.6%109.456212026119.702012026140
XLYState Street Consumer Discretionary Select Sector SPDR ETF-5.7%117.166212026124.271122026160
XLPState Street Consumer Staples Select Sector SPDR ETF-6.9%83.30621202689.513012026112
XLUState Street Utilities Select Sector SPDR ETF-5.6%44.76621202647.403012026112
VHTVanguard Health Care ETF-5.3%280.416212026296.161072026165
FXNFirst Trust Energy AlphaDEX Fund-13.0%20.17621202623.18329202684
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF-18.5%153.366212026188.18329202684
IGViShares Expanded Tech-Software Sector ETF-18.2%89.096212026108.9512222025181
MISLFirst Trust Indxx Aerospace & Defense ETF-9.0%46.40621202650.981192026153
RINGiShares MSCI Global Gold Miners ETF-28.2%71.35621202699.423012026112
PDBCInvesco Optimum Yield Diversified Commodity Strategy No K-1 ETF-12.7%16.50621202618.91512202640
DBCInvesco DB Commodity Index Tracking Fund-12.8%27.63621202631.69512202640
COMTiShares GSCI Commodity Dynamic Roll Strategy ETF-14.1%31.37621202636.53519202633
GSGiShares GSCI Commodity-5.8%30.01621202631.85318202695
BCIabrdn Bloomberg All Commodity Strategy K-1 Free ETF-11.5%22.94621202625.91512202640
FTGCFirst Trust Global Tactical Commodity Strategy Fund-9.6%27.59621202630.53512202640
HGERHarbor Commodity All-Weather Strategy ETF-10.6%29.91621202633.47512202640
GLDSPDR Gold Trust-21.9%387.126212026495.901292026143
IAUiShares Gold Trust-21.9%79.336212026101.571292026143
GLDMSPDR Gold MiniShares Trust-21.9%83.446212026106.771292026143
SGOLETFS Physical Swiss Gold Shares-13.1%44.66621202651.411292026143
BARDirexion Daily Gold Bull 3X Shares-16.6%44.34621202653.161292026143
SLViShares Silver Trust-43.6%59.516212026105.601282026144
SIVRETFS Physical Silver Shares Trust ETF-24.8%83.396212026110.871282026144
PPLTETFS Physical Platinum Shares-39.1%15.37621202625.231252026147
CPERUnited States Copper Index Fund ETV-13.9%33.33621202638.711292026143
PALLETFS Physical Palladium Shares-37.5%23.23621202637.181282026144
USOUnited States Oil Fund LP-24.9%114.876212026152.96519202633
UNGUnited States Natural Gas Fund LP-30.5%11.74621202616.902012026140
BNOUnited States Brent Oil Fund LP ETV-7.1%55.85621202660.13504202648
IBITiShares Bitcoin Trust ETF-35.8%35.62621202655.441142026158
FBTCFidelity Wise Origin Bitcoin Fund-35.7%54.77621202685.121142026158
GBTCGrayscale Bitcoin Trust ETF-19.0%61.84621202676.311142026158
ETHAiShares Ethereum Trust ETF-49.7%12.88621202625.591142026158

ETF Fund Flows

Largest fund inflows and outflows across ETFs, with the asset-allocation rotation they imply.

Net fund flows · as of 2026-06-18

Asset allocation rotation · Past month

  • Equity ETFs drew the largest net inflows (+$90.2B), followed by Bond (+$22.9B), while Crypto (−$4.2B) and Commodity (−$3.7B) saw the largest outflows.
  • Within the mix, money rotated into US Large Cap Core (+$32.0B) and out of Emerging Markets (−$4.4B).
  • Relative to fund size, NASA drew the largest inflow (+64.1% of AUM) and THRO the largest outflow (−35.9%).
Largest inflows
#TickerNameTypeNet flow% of AUM
1VOOVanguard S&P 500 ETFEquity US Large Cap Core+$12.7B+1.3%
2IVViShares Core S&P 500 ETFEquity US Large Cap Core+$8.18B+1.0%
3SPYMState Street SPDR Portfolio S&P 500 ETFEquity US Large Cap Core+$6.63B+4.5%
4DRAMRoundhill Memory ETFOther+$6.21B+39.5%
5VTIVanguard Total Stock Market ETFEquity US Total Market+$5.66B+0.9%
6VOVanguard Mid-Cap ETFEquity US Mid Cap Core+$5.45B+5.3%
7IUSBiShares Core Universal USD Bond ETFBond Core Plus Multisector+$5.16B+12.4%
8QQQMInvesco NASDAQ 100 ETFEquity US Nasdaq Growth+$5.1B+5.3%
9SGOViShares 0-3 Month Treasury Bond ETFCash+$4.59B+4.9%
10VHTVanguard Health Care ETFEquity Broad Sector+$4.38B+26.4%
Largest outflows
#TickerNameTypeNet flow% of AUM
1QUALiShares MSCI USA Quality Factor ETFEquity Factor Smart Beta-$7.05B-15.3%
2EFViShares MSCI EAFE Value ETFEquity International Developed Broad-$5.61B-21.8%
3TLTiShares 20+ Year Treasury Bond ETFBond Long Treasury-$3.16B-7.7%
4IBITiShares Bitcoin Trust ETFCrypto-$2.94B-5.8%
5IAGGiShares Core International Aggregate Bond ETFBond International-$2.77B-24.8%
6IVEiShares S&P 500 Value ETFEquity US Large Value-$2.61B-5.5%
7THROiShares U.S. Thematic Rotation Active ETFEquity Thematic-$2.4B-35.9%
8GLDSPDR Gold SharesCommodity Gold-$2.29B-1.6%
9XLEState Street Energy Select Sector SPDR ETFEquity Broad Sector-$1.33B-3.4%
10MTUMiShares MSCI USA Momentum Factor ETFEquity Factor Smart Beta-$1.21B-4.5%

Largest ETF fund flows across ~2566 funds (min AUM $100M). Net creations/redemptions; leveraged & inverse ETFs excluded. A ⚠ marks a day excluded as a suspected data error.

Set Alerts and Notifications

Stay Informed

Trade & Investment Ideas

Wealth

Alert Me Periodically

Inform Me Once

About RING

0Holdings Count: 43
Expense Ratio: 0.39%
Inception Date: 2012-01-31
iShares MSCI Global Gold Miners ETF
The iShares MSCI Global Gold Miners ETF endeavors to replicate the returns of a global stock index featuring businesses principally focused on gold extraction.
Asset Class: Equity | ETF Website

Recent Active Movers

Peer Comparisons

Peers to compare with:

Profile

RINGNEMAEMGOLDFNVAUMedian
NameiShares MS.Newmont Agnico Eag.Gold.com Franco-Nev.Anglogold . 
Asset ClassEquity------
AUM ($ Bil)2.4-----2.4
Expense Ratio0.39%-----0.39%
10-D Avg Volume (Mil)0.42-----0.42
Latest Day Volume (Mil)0.84-----0.84
Holdings Count43-----43
Inception Date1/31/2012------

Fundamentals

RINGNEMAEMGOLDFNVAUMedian
NameiShares MS.Newmont Agnico Eag.Gold.com Franco-Nev.Anglogold . 
Net Asset Value69.51------
Premium/Discount2.6%-----2.6%
Distribution Yield0.9%-----0.9%
Sales Yield22.0%-----22.0%
Earnings Yield7.3%-----7.3%

Valuation

RINGNEMAEMGOLDFNVAUMedian
NameiShares MS.Newmont Agnico Eag.Gold.com Franco-Nev.Anglogold . 
P/S (TTM)4.5x-----4.5x
P/E (TTM)13.6x-----13.6x
P/FCF (TTM)12.6x-----12.6x
Forward P/E-------
Forward P/S-------

Risk

RINGNEMAEMGOLDFNVAUMedian
NameiShares MS.Newmont Agnico Eag.Gold.com Franco-Nev.Anglogold . 
Volatility (1Y)47.7%-----47.7%
Volatility (3Y)38.5%-----38.5%
Volatility (5Y)36.9%-----36.9%
Beta (1Y)1.69-----1.69
Beta (3Y)0.84-----0.84
Beta (5Y)0.67-----0.67
Sharpe Ratio (1Y)1.14-----1.14
Sharpe Ratio (3Y)1.07-----1.07
Sharpe Ratio (5Y)0.57-----0.57
Max Drawdown (1Y)-35.7%------35.7%
Max Drawdown (3Y)-35.7%------35.7%
Max Drawdown (5Y)-47.9%------47.9%

Returns

RINGNEMAEMGOLDFNVAUMedian
NameiShares MS.Newmont Agnico Eag.Gold.com Franco-Nev.Anglogold . 
1M Return-2.2%------2.2%
3M Return-1.0%------1.0%
6M Return-0.9%------0.9%
YTD Return-3.1%------3.1%
1Y Return60.4%-----60.4%
2Y Return174.5%-----174.5%
3Y Return211.9%-----211.9%

Short Interest

Short Interest: As Of Date5292026
Short Interest: Shares Quantity0.1 Mil
Short Interest: % Change Since 51520263.2%
Average Daily Volume0.5 Mil
Days-to-Cover Short Interest1