RING - ETF AI Analysis
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iShares MSCI Global Gold Miners ETF (RING)
Rating:64Neutral
Price Target:―
Positive Factors
Focused Exposure to Gold Miners
The fund gives targeted access to global gold mining companies, which can benefit when gold prices are strong.
Global Reach Within the Sector
Holdings spread across several countries, including the U.S., Canada, and Asia, provide some geographic diversification within gold miners.
Moderate Expense Ratio
The fund’s fee level is moderate for a specialized sector ETF, helping investors keep more of any long-term gains.
Negative Factors
Recent Weak Performance
The ETF has shown weak returns over the past year-to-date and recent months, which may concern investors looking for near-term strength.
Heavy Concentration in a Few Stocks
A small number of large holdings make up a big share of the portfolio, increasing the impact if those companies struggle.
Single-Sector Risk
With most assets in the materials sector and gold miners specifically, the fund is highly sensitive to swings in gold prices and mining industry conditions.
RING vs. SPDR S&P 500 ETF (SPY)
AUM2.11B
RegionGlobal
Expense Ratio0.39%
Beta0.98
IssueriShares
Inception DateJan 31, 2012
Dividend Yield1.42%
Asset ClassEquity
Index TrackedMSCI ACWI Select Gold Miners IMI
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,261,510
30 Day Avg. Volume634,967
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
94.25Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering36
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
RING Summary
The iShares MSCI Global Gold Miners ETF (RING) is a fund that follows the MSCI ACWI Select Gold Miners Index, focusing on companies that mine and produce gold around the world. Its top holdings include well-known gold miners like Newmont Mining and Barrick Mining, giving investors a simple way to invest in the gold mining industry without picking individual stocks. Someone might consider RING to add diversification and potential growth tied to gold prices. A key risk is that it is heavily concentrated in gold miners, so its value can swing sharply with gold prices and the broader market.
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 essentially a pure play on global gold miners, with heavyweights Newmont, Agnico Eagle, and Barrick setting the tone. Lately, these core names have been lagging, so instead of powering the fund, they’ve been more like anchors in choppy markets. Wheaton Precious Metals and Kinross Gold are also under pressure, adding to the drag rather than providing relief. The one brighter spot is China’s Zijin Mining, which has shown more mixed-to-rising action but isn’t big enough to change the overall picture. Sector exposure is tightly focused on materials, and while the fund is globally diversified, performance is being driven mostly by large North American miners.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Newmont Mining | 16.58% | $358.55M | $100.90B | 49.72% | 81 Outperform | |
| Agnico Eagle | 12.09% | $261.39M | $76.76B | 16.01% | 80 Outperform | |
| Barrick Mining | 9.35% | $202.16M | $63.04B | 71.88% | 80 Outperform | |
| Wheaton Precious Metals | 7.32% | $158.23M | $51.41B | 18.38% | 79 Outperform | |
| Kinross Gold | 4.28% | $92.54M | $28.18B | 42.50% | 81 Outperform | |
| Zijin Mining Group Co | 3.89% | $84.20M | HK$973.89B | 67.69% | 72 Outperform | |
| Pan American Silver | 3.29% | $71.14M | $18.53B | 59.55% | 80 Outperform | |
| Coeur Mining | 3.23% | $69.88M | $15.87B | 71.77% | 69 Neutral | |
| Alamos Gold | 2.45% | $52.93M | C$16.69B | 11.90% | 77 Outperform | |
| IAMGOLD | 1.92% | $41.51M | $8.40B | 106.85% | 73 Outperform |
RING Technical Analysis
Negative
―
Price Trends
67.87
Negative
73.60
Negative
74.70
Negative
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For RING, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 64.05, equal to the 50-day MA of 67.87, and equal to the 200-day MA of 74.70, indicating a bearish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RING.
RING Peer Comparison
Comparison Results
Performance Comparison
RING
iShares MSCI Global Gold Miners ETF
63.77
17.69
38.39%
IXN
iShares Global Tech ETF
―
―
―
COPX
Global X Copper Miners ETF
―
―
―
SIL
Global X Silver Miners ETF
―
―
―
SILJ
ETFMG Prime Junior Silver Miners ETF
―
―
―
PICK
iShares MSCI Global Metals & Mining Producers 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.
DisclaimerThis 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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