Band of Balance

You gain a +1 bonus to Armor Class and saving throws while wearing this ring. As a bonus action, you can shift the balance, changing these bonuses to either a +2 bonus to Armor Class and a +0 bonus to saving throws, or a +0 bonus to Armor Class and a +2 bonus to saving throws.

While the bonuses granted by this ring are equal, you also gain a +1 bonus to ability checks.