RING vs. AFK ETF Comparison

Comparison of iShares MSCI Global Gold Miners Fund (RING) to Market Vectors-Africa Index ETF (AFK)

RING

iShares MSCI Global Gold Miners Fund

RING Description

The investment 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 (the "underlying index"). The fund generally invests at least 80% of its assets in securities of the underlying index or in depositary receipts representing securities in the underlying index. The underlying index has been developed by MSCI Inc. ("MSCI") to measure the combined performance of equity securities of companies primarily engaged in the business of gold mining in both developed and emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.88

Average Daily Volume

130,432

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

AFK

Market Vectors-Africa Index ETF

AFK Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® GDP Africa Index. The fund invests at least 80% of total assets in securities that comprise the index. The index is comprised of African companies. The index includes local listings of companies that are incorporated in Africa and offshore listings of companies incorporated outside of Africa that generate at least 50% of their revenues in Africa. The weighting of each country in the index is determined by the size of its GDP relative to the GDPs of the other countries represented in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$15.21

Average Daily Volume

12,621

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	RING	AFK
30 Days	1.38%	2.01%
60 Days	18.76%	14.10%
90 Days	21.28%	14.79%
12 Months	-1.38%	-0.08%

1 Overlapping Holdings

	Symbol	Grade	Weight in RING	Weight in AFK	Overlap
	GOLD	B	11.83%	2.31%	2.31%

RING Overweight 5 Positions Relative to AFK

	Symbol	Grade	Weight
	NEM	B	19.56%
	AU	B	4.74%
	BVN	B	2.1%
	CDE	B	1.46%
	IAG	B	1.42%

RING Underweight 8 Positions Relative to AFK

	Symbol	Grade	Weight
	GFI	B	-2.5%
	KOS	D	-2.38%
	MMYT	B	-1.31%
	HMY	B	-0.72%
	SSL	F	-0.58%
	RCL	A	-0.54%
	SBSW	D	-0.5%
	CAR	D	-0.2%

RING: Top Represented Industries & Keywords

Industries: Gold Industrial Metals & Minerals

Keywords: Mining Gold Copper Acid Electrical Transmission Gold Mining Iamgold Lead Metals S&P 500 Silver Silver Mining In The United States Sulfur Uranium Zinc

AFK: Top Represented Industries & Keywords

Industries: Gold Leisure Oil & Gas E&P Oil & Gas Integrated Rental & Leasing Services

Keywords: Mining IBD 50 Transport Alcohol Alternative Energy Burns Car Rental Catalysts Chemical Elements Chemical Feedstock Chemical Product Child Safety Chloride Copper Cruise Lines Damage Waiver Electronic Toll Collection Explosives Franchises Fuel