RING vs TBLL

Comparison between ISHARES MSCI GLOBAL GOLD MINERS ETF (RING, ETF) and INVESCO SHORT TERM TREASURY ETF (TBLL, ETF).

5-Year PerformanceRING has outperformed TBLL, delivering a return of +24.1% compared to +3.3%

RING vs TBLL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RING(ETF)	TBLL(ETF)
Net Assets	$2.90B	$2.90B
Expense Ratio	0.39%	0.08%
Max Drawdown	80.20%	1.30%
Sharpe Ratio	1.76	1.51
5Y Beta	0.72	-0.00
5Y Dividends CAGR	22.59%	59.75%

Net Assets

RING

$2.90B

TBLL

$2.90B

Expense Ratio

RING

0.39%

Winner

TBLL

0.08%

Max Drawdown

RING

80.20%

Winner

TBLL

1.30%

Sharpe Ratio

Winner

RING

1.76

TBLL

1.51

5Y Beta

RING

0.72

Winner

TBLL

-0.00

5Y Dividends CAGR

RING

22.59%

Winner

TBLL

59.75%

RING vs TBLL - Historical Returns

Returns include dividend reinvestment.

Period	RING	TBLL
1 month	-1.19%	+0.30%
3 months	-6.27%	+0.84%
6 months	+29.85%	+1.78%
1 year	+119.67%	+3.97%
5 years(CAGR)	+24.14%	+3.31%
10 years(CAGR)	+16.22%	+2.37%
Max(CAGR)	+4.91%	+2.37%

RING

-1.19%

Winner

TBLL

+0.30%

RING

-6.27%

Winner

TBLL

+0.84%

Winner

RING

+29.85%

TBLL

+1.78%

Winner

RING

+119.67%

TBLL

+3.97%

5Y(CAGR)

Winner

RING

+24.14%

TBLL

+3.31%

10Y(CAGR)

Winner

RING

+16.22%

TBLL

+2.37%

Max(CAGR)

Winner

RING

+4.91%

TBLL

+2.37%

RING vs TBLL - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	RING	TBLL
2026	+15.39%	+1.18%
2025	+153.99%	+4.21%
2024	+18.15%	+5.11%
2023	+7.89%	+4.98%
2022	-13.64%	+1.12%
2021	-14.07%	-0.02%
2020	+25.24%	+0.87%
2019	+49.36%	+2.16%
2018	-15.61%	+1.83%
2017	+6.03%	+0.62%
2016	+53.92%	N/A
2015	-27.59%	N/A
2014	-20.43%	N/A
2013	-53.26%	N/A
2012	-23.54%	N/A

RING vs TBLL Drawdown Comparison

The maximum drawdown for RING was -79.47%, occurring on Nov 17, 2015. Recovery took 3337 trading sessions.

The maximum drawdown for TBLL was -0.63%, occurring on Feb 14, 2022. Recovery took 631 trading sessions.

The current RING drawdown is -14.62%.

Rank	RING	TBLL
#1	-79.47% Feb 23, 2012 - Jun 2, 2025	-0.63% May 11, 2020 - Nov 9, 2022
#2	-30.11% Feb 27, 2026 - Mar 20, 2026	-0.52% Mar 18, 2020 - May 11, 2020
#3	-19.22% Oct 16, 2025 - Dec 11, 2025	-0.36% Sep 28, 2023 - Oct 20, 2023
#4	-18.47% Jan 28, 2026 - Feb 26, 2026	-0.18% Dec 19, 2023 - Dec 21, 2023
#5	-6.55% Dec 26, 2025 - Jan 6, 2026	-0.17% Apr 1, 2019 - Apr 4, 2019
#6	-6.34% Jun 13, 2025 - Jul 22, 2025	-0.16% Sep 24, 2018 - Oct 22, 2018
#7	-5.29% Jul 22, 2025 - Aug 4, 2025	-0.15% Dec 19, 2019 - Jan 23, 2020
#8	-5.02% Feb 2, 2012 - Feb 23, 2012	-0.14% Mar 13, 2020 - Mar 18, 2020
#9	-4.54% Oct 8, 2025 - Oct 13, 2025	-0.11% Dec 4, 2018 - Dec 7, 2018
#10	-4.32% Jun 2, 2025 - Jun 13, 2025	-0.10% Nov 10, 2022 - Nov 14, 2022
#11	-2.96% Aug 15, 2025 - Aug 21, 2025	-0.10% Nov 13, 2017 - Nov 28, 2017
#12	-2.61% Sep 15, 2025 - Sep 19, 2025	-0.10% Aug 17, 2018 - Aug 22, 2018
#13	-2.54% Sep 23, 2025 - Sep 26, 2025	-0.09% Nov 6, 2023 - Nov 9, 2023
#14	-1.99% Oct 6, 2025 - Oct 8, 2025	-0.08% Dec 15, 2023 - Dec 19, 2023
#15	-1.89% Dec 11, 2025 - Dec 19, 2025	-0.08% Jul 11, 2024 - Jul 15, 2024

Correlation

Correlation between RING and TBLL is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2012 - 2026)

RING vs TBLL dividend yield comparison.

Year	RING	TBLL
2026	0.00%	1.15%
2025	0.84%	4.08%
2024	1.43%	4.99%
2023	2.01%	4.63%
2022	2.29%	1.37%
2021	2.38%	0.03%
2020	0.83%	0.80%
2019	0.83%	2.08%
2018	0.70%	1.69%
2017	0.42%	0.71%
2016	1.41%	0.00%
2015	0.96%	0.00%
2014	0.85%	0.00%
2013	1.49%	0.00%
2012	0.98%	0.00%