Market Vectors® Steel ETF (SLX)

49.75
Data as of Aug 19
 +0.10 / +0.20%
Today’s Change
41.52
Today|||52-Week Range
50.48
+0.06%
Year-to-Date

Investment Objective

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the steel sector. Such companies may include small- and medium-capitalization companies and foreign issuers. As of December 31, 2013, the Steel Index included 27 securities of companies with a market capitalization range of between approximately $317 million and $79.7 billion and a weighted average market capitalization of $25.9 billion. It is non-diversified.

Performance

1 month+1.20% 3 years+2.07%
3 months+6.10% 5 years+3.56%
1 year+17.97% Since inception+4.66%
Data through 08/20/2014

Quote Details

Previous close$49.65
Open day’s range-- – --
Net asset value (NAV)49.75 (08/19/2014)
Daily volume19,502
Average volume (3 months)38,320
Data as of 08/19/2014

Peer Comparisonvs. Natural resources ETFs

 SLXCategory
Performance 5-yr return+3.56%+12.91%
Expense Gross exp ratio0.62%0.53%
Risk 5 year sharpe ratio0.250.57
Net assets$97.6M$583.3M
Average market cap$12.9B$21.0B
Average P/E20.418.6
Dividend / Share--0.27%

Competitors

RTM Guggenheim S&P 500® Equal Weight Materi...
VAW Vanguard Materials Index Fund ETF Shares
PYZ PowerShares DWA Basic Materials Momentum...

Holdings

Top 5 Sectors
Portfolio weighting
Industrial materials 99.35%
Consumer service 0.65%
Business service 0.00%
Consumer goods 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
VALE Vale SA ADR12.58%
RIO Rio Tinto PLC ADR12.49%
PKX POSCO ADR5.68%
SID Companhia Siderurgica Nacional ADR5.41%
STLD Steel Dynamics Inc5.18%
TS Tenaris SA ADR5.17%
MT ArcelorMittal SA ADR4.87%
NUE Nucor Corp4.77%
SSLT Sesa Sterlite Ltd ADR4.73%
X United States Steel Corp4.36%

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