Home ETFs and Funds Analysis ETF Analysis Summary The iShares MSCI Global Gold Miners ETF, which focuses on the most established miners in the gold industry, does a good job of tracking the MSCI ACWI Select Gold Miners Investable Market Index. RING offers leveraged exposure to robust gold prices, with top holdings NEM and AEM generating substantial free cash flow at well-controlled AISCs. RING, which looked overextended in early 2026, now trades below its upper Bollinger Band on the monthly chart and above all key daily moving averages, especially the 200DMA. RING outperforms GDX on cost efficiency, turnover, and Sharpe ratio, while providing valuable portfolio diversification due to low S&P 500 correlation. William Luque/iStock via Getty Images Introduction To The iShares MSCI Global Gold Miners ETF The iShares MSCI Global Gold Miners ETF ( RING ), which began trading on January 31, 2012, has, so far, aggregated a total AUM of over $3B over the last 14 years.…