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RING - ETF AI Analysis
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iShares MSCI Global Gold Miners ETF (RING)
Rating:66Neutral
Price Target:―
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)
AUM3.76B
RegionGlobal
Expense Ratio0.39%
Beta0.76
IssueriShares
Inception DateJan 31, 2012
Dividend Yield0.71%
Asset ClassEquity
Index TrackedMSCI ACWI Select Gold Miners IMI
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume502,371
30 Day Avg. Volume546,184
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
103.55Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering35
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 essentially a pure play on global gold miners, with performance heavily steered by a few big names. Newmont and Agnico Eagle are the twin engines, both rising steadily and giving the fund a solid backbone as gold prices stay supportive. Wheaton Precious Metals and Zijin Mining add more spark, also trending higher and reinforcing the fund’s tilt toward established, profitable producers. On the flip side, Barrick and Kinross have been more mixed lately, occasionally losing steam and acting as mild brakes rather than outright drags. With holdings spread across North America and other key mining regions, this is a globally diversified but sector-concentrated bet on gold’s ongoing appeal.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Newmont Mining | 15.33% | $552.46M | $126.29B | 165.08% | 81 Outperform | |
| Agnico Eagle | 13.23% | $476.70M | $111.85B | 123.71% | 80 Outperform | |
| Barrick Mining | 8.50% | $306.47M | $76.54B | 144.19% | 80 Outperform | |
| Wheaton Precious Metals | 7.21% | $259.82M | $67.60B | 108.33% | 79 Outperform | |
| Kinross Gold | 4.35% | $156.85M | $39.57B | 191.93% | 81 Outperform | |
| Zijin Mining Group Co | 3.57% | $128.58M | HK$1.12T | 143.90% | 72 Outperform | |
| Pan American Silver | 3.38% | $121.96M | $25.48B | 142.61% | 80 Outperform | |
| Alamos Gold | 3.22% | $116.17M | C$28.34B | 109.89% | 77 Outperform | |
| Coeur Mining | 2.38% | $85.78M | $14.53B | 306.46% | 69 Neutral | |
| IAMGOLD | 2.17% | $78.14M | $12.83B | 295.64% | 73 Outperform |
RING Technical Analysis
Neutral
―
Price Trends
85.84
Positive
76.16
Positive
63.03
Positive
Market Momentum
1.64
Positive
46.23
Neutral
17.71
Positive
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 90.87, equal to the 50-day MA of 85.84, and equal to the 200-day MA of 63.03, indicating a neutral trend. The MACD of 1.64 indicates Positive momentum. The RSI at 46.23 is Neutral, neither overbought nor oversold. The STOCH value of 17.71 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for RING.
RING Peer Comparison
Comparison Results
Performance Comparison
RING
iShares MSCI Global Gold Miners ETF
87.20
54.02
162.81%
CIBR
First Trust NASDAQ Cybersecurity ETF
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COPX
Global X Copper Miners ETF
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SIL
Global X Silver Miners ETF
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SILJ
ETFMG Prime Junior Silver Miners ETF
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SLVP
iShares MSCI Global Silver Miners ETF
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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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