The Raetzer's ringlet (Erebia christi) is a species of butterfly in the family Nymphalidae.

The hindwing bears 4, more rarely 3, oval russet-yellow spots with ovate black dots, which in the female are sometimes prolonged to streaks.

The underside of the forewing is russet-brown, being darker basally, the lighter band contrasting distinctly with the central area.

The hindwing beneath violet-grey, with a darker dentate band, which is obsolete in the female, but distinct in the male.

The flight-place is very limited, having only an extent of 5–600 m, consisting of grassy and flowery slopes covered with rocks and boulders.