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RING: Well Exposed To Established Miners, And More Well-Rounded Than GDX

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…

Seeking Alpha • May 13, 2026

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