VanEck Vectors Steel ETF (SLX)

50.34
Delayed Data
As of May 21
 -0.39 / -0.77%
Today’s Change
35.04
Today|||52-Week Range
51.92
+9.79%
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 and emerging market issuers. It may concentrate its investments in a particular industry or group of industries to the extent that the Steel Index concentrates in an industry or group of industries. The fund is non-diversified.

No recent news for VanEck Vectors Steel ETF.

Performance

1 month+2.31% 3 years+17.15%
3 months+0.96% 5 years+6.10%
1 year+41.16% Since inception+4.34%
Data through 05/22/2018

Quote Details

Previous close$50.73
Open day’s range50.30 – 51.17
Net asset value (NAV)50.39 (05/21/2018)
Daily volume23,136
Average volume (3 months)76,209
Data as of 8:00pm ET, 05/21/2018

Peer Comparisonvs. Natural resources ETFs

 SLXCategory
Performance 5-yr return+6.10%+1.27%
Expense Gross exp ratio0.62%1.44%
Risk 5 year sharpe ratio0.310.24
Net assets$147.6M$568.9M
Average market cap$13.2B$4.3B
Average P/E11.511.1
Dividend / Share--0.23%

Competitors

WOOD iShares Global Timber & Forestry ETF
CUT PowerShares MSCI Global Timber Portfolio
VAW Vanguard Materials Index Fund ETF Shares

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
RIO Rio Tinto12.45%
TX Ternium SA10.83%
VALE Vale SA10.01%
VEDL Vedanta Ltd7.31%
TS Tenaris SA6.14%
MT ArcelorMittal5.04%
PKX Posco4.65%
RS Reliance Steel & Aluminum Co4.43%
STLD Steel Dynamics Inc4.40%
GGB Gerdau SA4.30%