iShares MSCI Global Gold Miners ETF (RING)
| Assets | $745.92M |
| Expense Ratio | 0.39% |
| PE Ratio | 30.63 |
| Shares Out | 24.75M |
| Dividend (ttm) | $0.47 |
| Dividend Yield | 1.52% |
| Ex-Dividend Date | Jun 11, 2024 |
| Payout Ratio | 46.36% |
| 1-Year Return | +39.79% |
| Volume | 150,997 |
| Open | 30.85 |
| Previous Close | 31.01 |
| Day's Range | 30.71 - 30.98 |
| 52-Week Low | 20.18 |
| 52-Week High | 36.50 |
| Beta | 0.93 |
| Holdings | 47 |
| Inception Date | Jan 31, 2012 |
About RING
Fund Home PageThe iShares MSCI Global Gold Miners ETF (RING) is an exchange-traded fund that is based on the MSCI ACWI Select Gold Miners IMI index, a market-cap-weighted index of companies that generate revenue primarily from gold mining. RING was launched on Jan 31, 2012 and is issued by BlackRock.
Top 10 Holdings
71.26% of assets| Name | Symbol | Weight |
|---|---|---|
| Newmont Corporation | NEM | 18.22% |
| Agnico Eagle Mines Limited | AEM | 14.25% |
| Barrick Gold Corporation | ABX | 10.72% |
| Kinross Gold Corporation | K | 5.05% |
| Wheaton Precious Metals Corp. | WPM | 4.88% |
| Zijin Mining Group Company Limited | ZIJMF | 4.06% |
| Gold Fields Limited | GFI | 4.01% |
| AngloGold Ashanti plc | ANG | 3.88% |
| Alamos Gold Inc. | AGI | 3.63% |
| Harmony Gold Mining Company Limited | HAR | 2.55% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 11, 2024 | $0.186 | Jun 17, 2024 |
| Dec 20, 2023 | $0.283 | Dec 27, 2023 |
| Jun 7, 2023 | $0.211 | Jun 13, 2023 |
| Dec 13, 2022 | $0.282 | Dec 19, 2022 |
| Jun 9, 2022 | $0.229 | Jun 15, 2022 |
| Dec 13, 2021 | $0.331 | Dec 17, 2021 |
News
RING: Super-Sized Ownership In The 3 Largest North American Gold Miners
iShares MSCI Global Gold Miners ETF (RING) offers lower management fees and higher dividend yields compared to the main peer VanEck Gold Miners ETF (GDX). RING's focus on the top three North American ...
RING: Gold Miners Outpacing Gold, Still A Low Valuation
Gold and gold-mining stocks have surged, driven by a weaker USD and central bank buying, with RING outperforming other gold ETFs. RING offers diversified global exposure to gold mining companies, trad...
Bond ETFs attract record flows in July as investors position for Fed rate cuts
Hello! Bonds seemed more appealing to ETF investors than ever before in July, based on flow data from State Street. This week's ETF Wrap looks at what's driving investors' appetite for fixed income la...
RING: Gold Miners Are Too Detached From Gold, Time To Buy
The iShares MSCI Global Gold Miners ETF offers an attractive option to invest in gold miners that may catch up with gold prices. RING ETF has a concentrated holdings structure relative to its biggest ...
The RING Gold Miners ETF: Reaching For Bright, Shiny Objects
I advise all medium and high net-worth investors to have exposure to precious metals as a hedge against inflation and geopolitical and financial dislocation. Today, I will analyze the iShares MSCI Glo...
There Could Be A Simple Explanation For The Dax Moonshot Move
The German stock market has gone parabolic in an exceptionally strong move, after meandering over the summer months with sub-par economic releases. The surface reason for this division is that the vas...
RING: The Advantage Of A No-Frills Gold Miners ETF
The iShares MSCI Global Gold Miners ETF invests across a portfolio of gold mining stocks with a focus on active producers with unhedged exposure. RING has outperformed alternative gold mining ETFs in ...
RING: Gold Has Decent Fundamentals
Gold S/D fundamentals are really quite alright at the moment between emerging de-dollarisation and shrinking gold reserves. While the dollar is still very much in use, there is data showing that gold ...
An Expected Downtrend In Gold Suggests Potential Decline For RING
Gold has performed very well in recent months amid fears of a collapse in the banking system but could turn bearish again. Fears of a financial crisis are easing, while the continued rise in rates to ...
Gold M&A A Bright Spot Amid Volatility
While gold equities were up almost twice as much as gold in January, they were down more than twice as much in February. On February 13, B2Gold announced an agreement to acquire junior developer Sabin...
RING: A Risky Bet Despite High Gold Prices
The iShares MSCI Gold Miners Index faces major headwinds in the form of still-elevated valuations, weak long-term growth prospects, and an increasingly precarious gold price outlook. On a trailing bas...
Four Reasons To Buy The iShares MSCI Global Gold Miners ETF
The dollar's collapse and better gold realizations should tilt sentiment toward the gold miners and iShares MSCI Global Gold Miners ETF, or RING. Even with subdued realizations, shareholder yields loo...
Dividend King Backed By Gold: Buy RING
Gold miners are paying out record dividends today, with little fanfare from Wall Street. Cash yields are higher than most U.S. equities, and are primed to rise faster if gold prices move into a multi-...
ETFs To Gain Exposure To Gold
While there may be several reasons for the price of gold to increase, the drawdown may not be complete.
RING: Gold Mining Companies Are Probably Fairly Valued
RING invests in gold mining companies. RING's portfolio is concentrated, and the investee companies generate a fairly decent return on equity.
RING: Shifting From Miners To The Metal
The recent rally in the RING Gold Miners ETF suggests it is no longer cheap relative to the current gold price, even after the gold price itself has risen.
RING: Gold Miners Are Fairly Valued With Meager Upside Potential
RING is an ETF that invests in global gold mining stocks. The fund is probably trading at close to fair value based on present expectations of earnings growth.
Top Sector ETF For 2021 Free Cash Flow: RING
RING is well situated to continue as a top risk-adjusted gold mining investment. Low management expense, diversified holdings, and a high dividend yield are noteworthy.
RING: Well Placed To Benefit From A Gold Price Recovery
Despite their long-term underperformance relative to spot gold, gold miners have a strong tendency to outperform during gold bull markets, and we expect the coming years to be no exception.
Best Gold Miner ETFs for Q2 2021
The best gold miner ETFs for Q2 2021 are SGDJ, GOEX, and RING.
Why Now Is A Good Time To Buy RING
RING is a straightforward ETF which is highly correlated with the changes in the price of gold. Gold is likely going to rally over the next year as momentum tendencies carry forward.
Gold miner ETFs surge to ring in the new year
Exchange-traded funds linked to gold miners surged higher on the first trading day of 2021 as investors turned back to the yellow metal as a hedge against concerns about the coronavirus and government...
Gold miner ETFs bounce higher as bullion notches its first daily gain in four days
Gold miner exchange-traded funds surged Thursday as the yellow metal price rose and the dollar softened further. The iShares MSCI Global Gold Miners ETF was up 2.6% at midday, while the VanEck Vector...
RING Top 15 Holdings And Their Mining Jurisdictions - 2020 Edition
RING ETF is a global gold mining ETF, therefore, there are a variety of jurisdictions from which companies in this ETF get their revenues.