RING - ETF AI Analysis
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iShares MSCI Global Gold Miners ETF (RING)
Rating:64Neutral
Price Target:―
Positive Factors
Strong Recent Year-to-Date Performance
The ETF has delivered solid gains so far this year, showing that its gold miner holdings have recently been in favor with investors.
Leading Gold Miners Driving Returns
Several of the largest positions, such as Agnico Eagle, Wheaton Precious Metals, and Kinross Gold, have shown strong performance, helping support the fund’s overall results.
Global Exposure Within Gold Mining
Holdings spread across the U.S., Canada, Hong Kong, Australia, and the UK provide some geographic diversification within the gold mining industry.
Negative Factors
High Sector Concentration in Materials
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 Concentrated
A few companies, including Newmont Mining and Agnico Eagle, make up a large share of the fund, increasing the impact if any of these stocks perform poorly.
Mixed Performance Among Key Holdings
Some important positions, such as Barrick Mining, have shown weaker performance, which can drag on the ETF’s overall returns despite strength elsewhere.
RING vs. SPDR S&P 500 ETF (SPY)
AUM2.83B
RegionGlobal
Expense Ratio0.39%
Beta0.89
IssueriShares
Inception DateJan 31, 2012
Dividend Yield0.8%
Asset ClassEquity
Index TrackedMSCI ACWI Select Gold Miners IMI
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume357,002
30 Day Avg. Volume502,630
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
107.04Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering34
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. It mainly holds materials-sector stocks, including well-known names like Newmont Mining and Barrick Mining. Someone might invest in RING to gain exposure to gold through mining companies, which can help diversify a stock portfolio and potentially benefit when gold prices rise. A key risk is that the ETF’s value can swing sharply because it is heavily tied to gold prices and the gold mining industry.
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 Newmont and Agnico Eagle setting the tone. Both have been rising this year, giving the fund a solid backbone even as their recent three‑month stretch has been choppy. Wheaton Precious Metals and Kinross Gold have also been climbing, adding extra shine to returns. Barrick, however, has been more of a laggard lately, occasionally weighing on the mix. While the fund is globally diversified, including names like China’s Zijin, it’s still tightly clustered around the materials sector and a handful of big miners.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Newmont Mining | 16.65% | $505.74M | $128.85B | 114.68% | 81 Outperform | |
| Agnico Eagle | 12.84% | $390.02M | $100.45B | 66.47% | 80 Outperform | |
| Barrick Mining | 8.29% | $251.65M | $68.98B | 110.72% | 80 Outperform | |
| Wheaton Precious Metals | 7.24% | $219.71M | $63.43B | 66.33% | 79 Outperform | |
| Kinross Gold | 4.64% | $140.92M | $39.34B | 117.46% | 81 Outperform | |
| Zijin Mining Group Co | 3.45% | $104.80M | HK$1.03T | 126.32% | 72 Outperform | |
| Pan American Silver | 3.39% | $102.88M | $23.67B | 114.99% | 80 Outperform | |
| Alamos Gold | 3.09% | $93.75M | C$25.92B | 53.22% | 77 Outperform | |
| Coeur Mining | 2.12% | $64.46M | $19.98B | 231.23% | 69 Neutral | |
| Equinox Gold | 2.00% | $60.74M | C$15.42B | 114.99% | 73 Outperform |
RING Technical Analysis
Negative
―
Price Trends
83.26
Negative
82.22
Negative
70.26
Positive
Market Momentum
-1.47
Positive
40.00
Neutral
9.08
Positive
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 82.01, equal to the 50-day MA of 83.26, and equal to the 200-day MA of 70.26, indicating a neutral trend. The MACD of -1.47 indicates Positive momentum. The RSI at 40.00 is Neutral, neither overbought nor oversold. The STOCH value of 9.08 is Positive, 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
76.54
37.62
96.66%
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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.
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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