RING vs. GDX ETF Comparison
Comparison of iShares MSCI Global Gold Miners Fund (RING) to Market Vectors Gold Miners ETF (GDX)
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
$31.30
Average Daily Volume
362,270
2
GDX
Market Vectors Gold Miners ETF
GDX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts of companies involved in the gold mining industry. Such companies may include medium-capitalization companies and foreign issuers. The fund normally invests at least 80% of its total assets in securities that comprise the Gold Miners Index. It may also utilize convertible securities and participation notes to seek performance that corresponds to the Gold Miners Index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$38.14
Average Daily Volume
22,170,607
9
Performance
Period | RING | GDX |
---|---|---|
30 Days | -14.13% | -13.50% |
60 Days | -7.25% | -5.85% |
90 Days | -4.49% | -3.05% |
12 Months | 40.15% | 32.53% |
RING Overweight 0 Positions Relative to GDX
Symbol | Grade | Weight |
---|
RING: Top Represented Industries & Keywords
GDX: Top Represented Industries & Keywords