RING vs. GOAU ETF Comparison

Comparison of iShares MSCI Global Gold Miners Fund (RING) to U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU)

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

$27.75

Average Daily Volume

124,655

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

GOAU

U.S. Global GO GOLD and Precious Metal Miners ETF

GOAU Description

The investment seeks to track the performance, before fees and expenses, of the U.S. Global Go Gold and Precious Metal Miners Index. Under normal circumstances, the fund will invest at least 80% of its net assets in Precious Metals Companies and at least 20% of its net assets (plus borrowings for investment purposes) in Precious Metals Companies that primarily derive their revenue from gold. The index is composed of the exchange-listed common stock (or American Depositary Receipts (ADRs)) of U.S. and international (including emerging markets) companies that earn at least 50 percent of their aggregate revenue from precious metals. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$19.32

Average Daily Volume

27,628

Number of Holdings ^*

4

* may have additional holdings in another (foreign) market

Performance

Period	RING	GOAU
30 Days	15.27%	13.15%
60 Days	31.01%	30.51%
90 Days	24.97%	18.99%
12 Months	8.70%	0.87%

0 Overlapping Holdings

	Symbol	Grade	Weight in RING	Weight in GOAU	Overlap

RING Overweight 6 Positions Relative to GOAU

	Symbol	Grade	Weight
	NEM	A	18.58%
	GOLD	A	12.04%
	AU	B	4.77%
	BVN	B	1.91%
	IAG	A	1.45%
	CDE	A	1.44%

RING Underweight 4 Positions Relative to GOAU

	Symbol	Grade	Weight
	RGLD	A	-9.52%
	FSM	A	-5.22%
	SBSW	C	-3.43%
	HMY	A	-3.36%

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

GOAU: Top Represented Industries & Keywords

Industries: Gold Silver

Keywords: Molybdenum Burns Catalysts Chemical Elements Gold Gold Mining Harmony Gold Mining Native Element Minerals Nickel Noble Metals Palladium Platinum Precious Metals Silver Smelting Ssr Mining Inc. Transition Metals Zinc Mining