(RING) MSCI Global Gold Miners - Overview
Etf: Gold Mining Equities, Global Exposure, Large-Cap Focus
Dividends
| Dividend Yield | 1.05% |
| Yield on Cost 5y | 2.28% |
| Yield CAGR 5y | -1.11% |
| Payout Consistency | 84.5% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 48.9% |
| Relative Tail Risk | -0.79% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 2.23 |
| Alpha | 135.47 |
| Character TTM | |
|---|---|
| Beta | 0.460 |
| Beta Downside | 0.199 |
| Drawdowns 3y | |
|---|---|
| Max DD | 27.90% |
| CAGR/Max DD | 2.01 |
Description: RING MSCI Global Gold Miners January 15, 2026
The iShares MSCI Global Gold Miners ETF (RING) seeks to track an MSCI index that includes at least 30 gold-mining companies across developed and emerging markets, allocating a minimum of 80% of assets to the index’s component securities or economically equivalent holdings. Because the fund is classified as non-diversified, a relatively small number of issuers dominate its performance.
As of the latest filing, RING carries an expense ratio of 0.39% and holds roughly $1.2 billion in assets, with its top ten holdings-such as New Mont, Barrick Gold, and Franco-Nevada-accounting for about 55% of net assets. The ETF’s performance is tightly linked to gold price movements (historically a 1% rise in spot gold often translates to a 0.8%-1.0% gain in the fund) and to miners’ cash-cost metrics, which currently average around $950 per ounce, a key driver of profitability in a rising-price environment.
For a deeper, data-driven view of how RING’s exposure aligns with broader macro trends, you might explore the analytics platform ValueRay for additional insights.
What is the price of RING shares?
Over the past week, the price has changed by +2.90%, over one month by +4.99%, over three months by +37.73% and over the past year by +144.88%.
Is RING a buy, sell or hold?
What are the forecasts/targets for the RING price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 113 | 36% |
RING Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 3.64b USD (3.64b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 3.64b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 3.64b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 7.61% (E(3.64b)/V(3.64b) * Re(7.61%) + (debt-free company))
Discount Rate = 7.61% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)