RING - ETF AI Analysis

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iShares MSCI Global Gold Miners ETF (RING)

Rating:65Neutral

Price Target:―

RING, the iShares MSCI Global Gold Miners ETF, has a solid overall rating driven mainly by large positions in strong gold miners like Newmont and Agnico Eagle, which benefit from robust financial performance, efficient operations, and positive growth outlooks. Other major holdings such as Barrick, Kinross, and Wheaton Precious Metals also add support through good earnings and strategic initiatives, though valuation concerns and some operational challenges at smaller holdings like Coeur Mining and Equinox Gold slightly temper the fund’s appeal. The main risk is its concentrated exposure to the gold mining sector, which can be volatile and sensitive to gold prices and operational issues.

Positive Factors

Strong Recent Performance

The ETF has shown strong gains so far this year and over the last few months, indicating positive momentum in gold mining stocks.

Leading Gold Miners in Top Holdings

Several of the largest positions, including major global gold miners, have delivered solid year-to-date performance, helping drive the fund’s returns.

Global Exposure Within Gold Miners

Holdings spread across countries like the U.S., Canada, Hong Kong, Australia, and the UK provide some geographic diversification within the gold mining industry.

Negative Factors

High Sector Concentration

With most of the portfolio in the materials sector and focused on gold miners, the fund is heavily exposed to swings in gold prices and mining industry conditions.

Top Holdings Are Large Weights

A few companies make up a significant portion of the ETF, which increases the impact that problems at any one of these miners could have on overall performance.

Moderate Expense Ratio

The fund’s expense ratio is not especially low, meaning fees take a noticeable, ongoing bite out of investor returns compared with cheaper index ETFs.

RING vs. SPDR S&P 500 ETF (SPY)

AUM3.30B

RegionGlobal

Expense Ratio0.39%

Beta0.72

IssueriShares

Inception DateJan 31, 2012

Dividend Yield0.76%

Asset ClassEquity

Index TrackedMSCI ACWI Select Gold Miners IMI

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume864,130

30 Day Avg. Volume523,396

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

90.29

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering34

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

RING Summary

RING is the iShares MSCI Global Gold Miners ETF, which follows the MSCI ACWI Select Gold Miners Index. It invests in gold mining companies around the world, mainly in the materials sector. Well-known holdings include Newmont Mining and Barrick Mining. Someone might invest in RING if they want exposure to gold through the companies that mine it, which can help diversify a stock portfolio and may benefit when gold prices rise. A key risk is that it is heavily tied to gold prices and the mining sector, so its value can swing up and down sharply.

How much will it cost me?The iShares MSCI Global Gold Miners ETF (RING) has an expense ratio of 0.39%, which means you’ll pay $3.90 per year for every $1,000 invested. This is slightly higher than average for ETFs because it is a specialized fund that focuses on gold mining companies, requiring more active management compared to broad index funds.

What would affect this ETF?The iShares MSCI Global Gold Miners ETF (RING) could benefit from rising gold prices, which often occur during economic uncertainty or inflation, as gold is seen as a safe-haven asset. However, it may face challenges from higher interest rates, which can make gold less attractive compared to income-generating investments, and regulatory changes or geopolitical risks affecting mining operations globally. Additionally, the ETF’s heavy reliance on a few top holdings like Newmont Mining and Agnico Eagle means its performance could be significantly impacted by company-specific issues.

RING Top 10 Holdings

RING is riding a powerful wave in global gold miners, with heavyweights Newmont and Agnico Eagle doing much of the lifting as their shares have been steadily rising alongside firm gold prices. Barrick and Wheaton Precious Metals add more fuel to the rally, while Kinross has been a quiet overachiever, helping performance at the margins. The fund is highly concentrated in the materials sector and tightly tied to precious metals, but its mix of North American names with players like China’s Zijin Mining keeps the story global rather than purely U.S.-centric.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NEM	Newmont Mining	16.01%	$528.18M	$122.60B	161.71%	81 Outperform
AEM	Agnico Eagle	12.24%	$403.85M	$95.13B	101.16%	80 Outperform
B	Barrick Mining	9.14%	$301.60M	$76.88B	180.37%	80 Outperform
WPM	Wheaton Precious Metals	6.66%	$219.75M	$59.62B	108.01%	79 Outperform
KGC	Kinross Gold	4.51%	$148.83M	$37.89B	175.81%	81 Outperform
2899	Zijin Mining Group Co	3.97%	$130.81M	HK$1.18T	163.35%	72 Outperform
PAAS	Pan American Silver	3.32%	$109.49M	$22.92B	124.77%	80 Outperform
AGI	Alamos Gold	2.61%	$86.14M	C$21.18B	72.26%	77 Outperform
CDE	Coeur Mining	2.54%	$83.83M	$13.12B	199.70%	69 Neutral
EQX	Equinox Gold	2.10%	$69.28M	C$15.29B	115.37%	73 Outperform

RING Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price―

Price Trends

50DMA

76.63

Positive

100DMA

69.88

Positive

200DMA

57.34

Positive

Market Momentum

MACD

3.39

Positive

RSI

46.24

Neutral

STOCH

27.55

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RING, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 84.92, equal to the 50-day MA of 76.63, and equal to the 200-day MA of 57.34, indicating a neutral trend. The MACD of 3.39 indicates Positive momentum. The RSI at 46.24 is Neutral, neither overbought nor oversold. The STOCH value of 27.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for RING.

RING Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
RING	―	―	$3.30B	0.39%	―
IGF	―	―	$9.48B	0.39%	―
COPX	―	―	$7.83B	0.65%	―
SIL	―	―	$7.22B	0.65%	―
SILJ	―	―	$5.96B	0.69%	―
SLVP	―	―	$1.39B	0.39%	―

Performance Comparison

RING

iShares MSCI Global Gold Miners ETF

80.83

47.90

145.46%

IGF

iShares Global Infrastructure ETF

―

COPX

Global X Copper Miners ETF

―

SIL

Global X Silver Miners ETF

―

SILJ

ETFMG Prime Junior Silver Miners ETF

―

SLVP

iShares MSCI Global Silver Miners ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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