iShares MSCI Global Gold Miners ETF (RING) Performance
RING total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −4.8% since Dec 31, 2025
- 1 year
- +11.2% total return
- 5 years
- +22.6% a year
- 10 years
- +14.4% a year
- Since first price
- +3.4% a year since 2012
RING trailing returns vs SPY, QQQ, AGG
| Period | RING total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −15.0% | −15.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +7.9% | +7.9% | +3.2% | +1.9% | −0.4% |
| 6 months | −12.3% | −12.9% | +7.8% | +8.4% | −1.5% |
| YTD | −4.8% | −5.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +11.2% | +9.8% | +14.4% | +15.9% | −1.1% |
| 3 years | +219.3%+47.3%/yr | +205.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +176.9%+22.6%/yr | +153.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +285.3%+14.4%/yr | +234.6% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionFeb 2, 2012 | +63.8%+3.4%/yr | +36.6% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: RING vs SPY
From Feb 2, 2012: RING grew to $16,380, SPY to $73,908.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
RING returns by calendar year
7 of 13 full years positive. Best 2025 (+164.7%), worst 2013 (−52.1%). 2026 is year to date.
RING annual returns table
| Year | RING | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −4.8% | −38.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +164.7% | −19.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +16.0% | −22.8% | +24.9% | +25.6% | +1.3% |
| 2023 | +12.3% | −27.9% | +26.2% | +54.9% | +5.7% |
| 2022 | −15.4% | −47.9% | −18.2% | −32.6% | −13.0% |
| 2021 | −7.5% | −27.6% | +28.7% | +27.4% | −1.8% |
| 2020 | +25.0% | −35.3% | +18.3% | +48.6% | +7.5% |
| 2019 | +49.9% | −14.0% | +31.2% | +39.0% | +8.5% |
| 2018 | −13.1% | −32.4% | −4.6% | −0.1% | +0.1% |
| 2017 | +10.2% | −20.4% | +21.7% | +32.7% | +3.6% |
| 2016 | +58.7% | −40.7% | +12.0% | +7.1% | +2.4% |
| 2015 | −25.8% | −44.7% | +1.2% | +9.4% | +0.5% |
| 2014 | −17.6% | −41.6% | +13.5% | +19.2% | +6.0% |
| 2013 | −52.1% | −55.3% | +32.3% | +36.6% | −2.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
RING largest drawdowns
Now 29.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 23, 2012 | −79.5% | Nov 17, 2015 | Jun 2, 2025 | 3.7 years | 13.3 years |
| Feb 27, 2026 | −38.6% | Jul 20, 2026 | not yet | 5 months | 8 months so far |
| Oct 16, 2025 | −19.2% | Nov 4, 2025 | Dec 11, 2025 | 19 days | 56 days |
| Jan 28, 2026 | −18.5% | Feb 5, 2026 | Feb 26, 2026 | 8 days | 29 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
RING risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2012 |
|---|---|---|---|---|
| Annualized return | +56.9% | +27.7% | +14.8% | +4.4% |
| Volatility (annualized) | 41.2% | 38.5% | 36.2% | 38.7% |
| Sharpe ratio | 1.20 | 0.73 | 0.49 | 0.26 |
| Sortino ratio | 2.51 | 1.36 | 0.90 | 0.43 |
| Best month | +35.7% | +35.7% | +42.2% | +42.2% |
| Worst month | −20.6% | −20.6% | −20.6% | −23.0% |
| Best 12 months | +205.0% | +205.0% | +205.0% | +205.0% |
| Worst 12 months | +16.0% | −27.0% | −30.4% | −52.7% |
| Positive months | 64% | 58% | 53% | 50% |
| Beta vs S&P 500 | 0.30 | 0.65 | 0.68 | — |
| Correlation with S&P 500 | 0.09 | 0.26 | 0.29 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
RING rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 165 | −52.7% | +1.2% | +205.0% | 52% |
| 3-year (a year) | 141 | −37.5% | +5.6% | +69.1% | 65% |
| 5-year (a year) | 117 | −16.5% | +8.0% | +33.3% | 74% |
| 10-year (a year) | 57 | −7.4% | +4.9% | +22.7% | 75% |
Every holding period starting at a month-end since 2012. Returns for 3 years and longer are annualized.
RING performance overview
iShares MSCI Global Gold Miners ETF (RING) returned +11.2% over the past year and +14.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2012 it has returned +3.4% a year, turning $10,000 into about $16,380. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −79.5%, from Feb 23, 2012 to Nov 17, 2015, and it took 9.5 years to get back to the old high. RING finished 7 of its 13 full calendar years with a gain; the best year was 2025 (+164.7%) and the worst 2013 (−52.1%). Volatility has been 38.7% a year.
Related: RING chart, RING holdings, RING dividends. See the RING overview for the latest quote and fund facts.
RING performance FAQ
What is the RING return over the past year?
RING returned +11.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.8%.
What is the average annual return of RING?
RING has returned +22.6% a year over 5 years, +14.4% a year over 10 years, +3.4% a year since February 2, 2012 (total return, distributions reinvested).
How much would $10,000 invested in RING be worth?
$10,000 invested in RING at its first recorded close on February 2, 2012 would be worth about $16,380 on October 23, 2026 with distributions reinvested.
What was the worst year for RING?
The worst calendar year was 2013, with a total return of −52.1%. The best was 2025 at +164.7%.
What is the biggest drawdown of RING?
The largest peak-to-trough decline was −79.5% between February 23, 2012 and November 17, 2015. It recovered to the old high on June 2, 2025, 9.5 years after the bottom.
How volatile is RING?
Over the past 3 years RING had an annualized volatility of 41.2% and a Sharpe ratio of 1.20 (excess return over 1–3 month T-bills per unit of risk).