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TMET vs RING

iShares Strategic Metals ETF vs iShares MSCI Global Gold Miners ETF

TMET

iShares Strategic Metals ETF

Annual cost

0.47%

Fund size

$28M

RING

iShares MSCI Global Gold Miners ETF

Annual cost

0.39%

Fund size

$2.9B

Key differences

  • RING costs 0.08% less per year.
  • RING is significantly larger than TMET — larger funds tend to be more liquid and less likely to close.
  • TMET is classified as alternative, while RING is equity — different risk/return profiles.
  • RING has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

TMETRING
Annual cost (TER)0.47%0.39%
Fund size (AUM)$28M$2.9B
Since20232012
Dividend yield13.56%0.80%
Asset classalternativeequity
Region
Strategyindex trackingindex tracking
CAGR 1Y+61.9%+86.3%
CAGR 3YN/A+49.2%
CAGR 5YN/A+20.7%
Sharpe 3YN/A1.16
Volatility 1Y30.64%46.05%
Max drawdown-22.20%-52.04%

Similar to TMET and RING