RING vs. SIL ETF Comparison

Comparison of iShares MSCI Global Gold Miners Fund (RING) to Global X Silver Miners ETF (SIL)

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

$26.66

Average Daily Volume

127,441

Number of Holdings ^*

6

* may have additional holdings in another (foreign) market

SIL

Global X Silver Miners ETF

SIL Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Silver Miners Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in ADRs and GDRs based on the securities in the underlying index. The underlying index is designed to measure broad based equity market performance of global companies involved in the silver mining industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.92

Average Daily Volume

664,583

Number of Holdings ^*

9

* may have additional holdings in another (foreign) market

Performance

Period	RING	SIL
30 Days	4.33%	10.52%
60 Days	23.61%	30.01%
90 Days	16.71%	17.81%
12 Months	1.44%	2.38%

2 Overlapping Holdings

	Symbol	Grade	Weight in RING	Weight in SIL	Overlap
	BVN	A	2.1%	7.33%	2.1%
	CDE	B	1.46%	3.85%	1.46%

RING Overweight 4 Positions Relative to SIL

	Symbol	Grade	Weight
	NEM	A	19.56%
	GOLD	B	11.83%
	AU	A	4.74%
	IAG	B	1.42%

RING Underweight 7 Positions Relative to SIL

	Symbol	Grade	Weight
	HL	B	-4.53%
	FSM	A	-3.33%
	GATO	B	-1.12%
	MUX	A	-1.11%
	VZLA	B	-0.63%
	NEWP	A	-0.38%
	GORO	B	-0.1%

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

SIL: Top Represented Industries & Keywords

Industries: Gold Industrial Metals & Minerals Other Precious Metals & Mining Other Industrial Metals & Mining Silver

Keywords: Mining Silver Gold Silver Mining In The United States Base Metal Bullion Copper Dog Domesticated Animals Electrical Transmission Gold Mining Lead Metals Mining In Canada Precious And Base Metal Ssr Mining Inc. Zinc Zinc Mining