RING: A Complete Overview Of This Gold Miners ETF
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Financial Serenity1.15K FollowersFollow5ShareSavePlay(13min)CommentsSummaryRING is a passively replicated ETF that seeks to represent the global gold mining market.The result is a solution that is very tied to gold, but more volatile, with relatively wider price movements.Over the long range (10Y) it has proven to be a competitive choice, both compared to gold and to peers.Today it shows relatively high P/E and P/B valuations, which shifts the focus to the risk of a reversal, an element that historically has also been particularly impactful and long-lasting. sommart/iStock via Getty Images iShares MSCI Global Gold Miners ETF (RING) presents itself as a competitive solution to represent the gold miners market. On a technical level, it has historically maintained a function similar to a sort of amplifier ofThis article was written byFinancial Serenity1.15K FollowersFollowFinancial Serenity is a financial analysis and quantitative research column with a particular focus on the asset management sector. It is actively managed by Tommaso Scarpellini, a seasoned financial researcher and data analyst with proven experience in banking and financial analytics platforms. This initiative aims to provide an in-depth analysis of the dynamics driving the asset management market.
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