RING

iShares MSCI Global Gold Miners ETF

iShares MSCI Global Gold Miners Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI ACWI Select Gold Miners Investable Market Index.


Global

EQUITY

Rules-Based

MANAGEMENT STYLE

759.4 M

ASSETS UNDER MGMT

39 bp

EXPENSES
Fund Basics
Fund sponsorBlackRock Funds/USA
CategoryGlobal
Asset classEquity
Websitelink...
Inception dateJan 31, 2012
Assets (mns)$759
Expense ratio39 bp
CurrencyUSD
Sector Breakdown
Fund Structure
RegulationOpen-Ended Fund
DistributionsSemi-Annually
Taxation1099
Stock selectionMarket Cap
WeightingMarket Cap
Holdings TransparencyFull
Derivatives-basedNo
Options availableYes
Currency hedgedNo
Fund of fundsNo
Top 10 Holdings Complete list  + 
NEWMONT MINING CORP 16.7 %
AGNICO-EAGLE MINES LTD 15.2 %
BARRICK GOLD CORPORATION 10.6 %
ANGLOGOLD ASHANTI PLC 4.9 %
GOLD FIELDS LTD 4.4 %
SILVER WHEATON CORP 4.4 %
KINROSS GOLD CORP 4.4 %
ZIJIN MINING GROUP CO LTD-H 3.6 %
ALAMOS GOLD INC. 3.4 %
HARMONY GOLD MINING CO LTD 2.3 %
Constituent Breakdown
Number of holdings38
Herfindahl-Hirschman Index 783
Wgt avg mkt cap (mns)$20,523
Large cap (>$10bn)65.6%
Mid cap ($2-10bn)16.3%
Small cap (<$2bn)18.2%
Developed mkts.82.9%
Emerging mkts.17.1%
Country Exposure
CANADA 51.7 %
UNITED STATES 18.1 %
SOUTH AFRICA 7.2 %
AUSTRALIA 5.9 %
CHINA 4.1 %
PERU 1.2 %
RUSSIA 1.0 %
BRITAIN 0.7 %
INDONESIA 0.7 %
TURKEY 0.7 %
Historical Performance


Standardized Performance (as of 11/30/2024)
 YTD1 YR2 YR3 YR5 YR10 YRIncep.
Total Returns 4.1% 5.1% 9.1% 0.6% 4.7% 6.6% -4.0%
Volatility 31.5% 32.1% 32.7% 33.6% 37.6% 37.7% --
Market Correlations
versus...BetaR-squared
S&P 5000.6012%
MSCI EAFE0.9530%
MSCI Emg Mkts1.0335%
Liquidity Measures
Avg. volume (000)302
Turnover1.1%
Avg. Bid/Ask (% of price)0.50%
ADV of underlying (mns)$1,081
Technical Indicators
Recent close$28.55
30d moving avg.$30.81
Annualized volatility30.4%
Relative strength (RSI)50
Short interest (ETF)12.7%
Short interest (underlying)0.0%
Distributions
Assets Under Management (mns)

Money Flows (mns)

Short Interest (as % of shares outstanding)

Long Money Flows (mns)

Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial

Risk and Returns: RING vs. Comps (1 YR)

Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Results & Estimates
  2019 2020 2021 2022 2023 2024E 2025E  
Sales per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Earnings per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Dividends per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Book value per share -- -- -- -- -- -- --
  change (%) -- -- -- -- -- -- --
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates

Content on this tab for Individual & Professional subscribers only. Start your FREE trial

Valuation Metrics
  2023 2024E Fwd Est 2025E
Price-to-sales --x --x --x --x
Price-to-earnings --x --x --x --x
Price-to-cash flow --x --x --x --x
Price-to-growth --x --x --x --x
Price-to-book value --x --x --x --x
Yield --% --% --x --%
2.1 13.5 1.5 2.3% --
Based on closing prices from 12/20/2024
Historical Valuation Trends Sample data. Subscribe for access.

SHOWING:
Price-to-Earnings
RING



Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.

Some content on this tab for Individual & Professional subscribers only. Start your FREE trial

ETF Research Center Rating

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™

RING

6.0%

Cat. Avg

4.2%


ALTAR Score™ Calculation

Category Overview
There are 374 funds in the Global Equity category, with an average ALTAR Score™ of 4.2% and a standard deviation of 4.8%. RING's ALTAR Score™ is approximately 0.4 standard deviations above the category average. This places RING in the 64th percentile among funds in the category.
Sell Side Consensus Rating

Sell-side recommendations on the ETF's individual constituents

RING
Peer Average
SELL
U/W
HOLD
O/W
BUY
Factor Scorecard

SIZE
VALUE
YIELD
MOMENTUM
VOLATILITY
QUALITY
Expense Analysis

Peer Group Rules-Based
Global Equity ETFs
# of ETFs 191
Avg. Expense Ratio 55.4 bp
Std. Deviation 17.5 bp
RING (39 bp) Percentile rank 18
Peer Group Expense Ratio Distribution


Total Cost of Ownership (TCO) Comparison
Expense (bp)
(A)
Avg. Bid/Ask (bp)
(B)
TCO (bp)
(A)+(B)
RING 39.0 50.2 89.2
Peer Avg. 57.0 39.6 96.6
  For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .