RING vs SLVP

RINGBiShares MSCI Global Gold Miners ETF

SLVPBiShares MSCI Global Silver and Metals Miners ETF

In short

RING The low-fee way to own the gold diggers. RING holds roughly 40 gold mining companies worldwide for 0.39% a year, undercutting most funds in its niche, and it has been running that playbook since 2012.

SLVP About 40 global silver and metals miners in one ticker, priced below the typical precious-metals miner fund. Running since 2012, and read the 'metals miners' part of the name: the index reaches past pure silver plays.

Stated mandate

RING The Fund seeks to track, before fees and expenses, the price and yield performance of the Solactive Global Gold Explorers & Developers Total Return Index. It invests at least 80% of total assets in securities of companies economically tied to gold exploration.

SLVP The fund is designed to follow an index of worldwide companies whose principal business is silver exploration or metals mining.

Why people hold it

• RING At 0.39% a year it charges less than the typical gold-miner fund, and less than VanEck's GDX and GDXJ, the category's best-known names.ishares.com
• Pure play by design: the index targets companies primarily in the business of gold mining, so you get miners rather than a mixed metals-and-materials basket.ishares.com
• The mandate is global, not US-only, so the portfolio can reach gold producers listed across developed and emerging markets.ishares.com
• Live since 2012, a multi-billion-dollar fund that trades actively, and one of the strongest builds in its precious-metals miner peer group.

• SLVP 0.39% a year undercuts the 0.52% median for precious-metals miner funds, and matches the fee on the iShares gold-miner sibling, RING.
• Global mandate, not a US-listing screen: the MSCI ACWI Select Silver Miners IMI covers worldwide companies whose principal business is silver exploration or metals mining.
• Trading since 2012, one of the longer-running silver miner funds on the shelf, and it stands among the stronger implementations in its precious-metals mining peer group.

Worth knowing

• RING Roughly 40 stocks in a single industry. The largest miners carry real weight, so one company's bad quarter is felt across the fund.ishares.com
• This is mining equity, not bullion. Alongside the gold price you take on company execution, mine geology, labor and country risk.ishares.com
• Income is an afterthought here: distributions come once or twice a year, not monthly.

• SLVP Roughly 40 stocks, so individual miners carry real weight and the whole basket keys off one metal's fortunes.
• "And Metals Miners" is doing work in the name: the mandate covers silver exploration or metals mining, so diversified miners can sit beside pure silver plays.
• Not the cheapest silver miner ticket: AGMI lists at 0.35%, though it lacks SLVP's record back to 2012.

Full RING profile⁠

Full SLVP profile⁠