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Market Vectors® Steel ETF (SLX)

25.28
Delayed Data
As of Aug 28
 +0.11 / +0.44%
Today’s Change
21.94
Today|||52-Week Range
49.72
-28.73%
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 securities that comprise the Steel Index. It normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the steel sector. As of December 31, 2014, the Steel Index included 28 securities of companies with a market capitalization range of between approximately $94 million and $85.8 billion and a weighted average market capitalization of $23.3 billion. The fund is non-diversified.

No recent news for Market Vectors® Steel ETF.

Performance

1 month-9.46% 3 years-16.55%
3 months-29.68% 5 years-13.85%
1 year-51.35% Since inception-3.95%
Data through 08/29/2015

Quote Details

Previous close$25.17
Open day’s range24.98 – 25.77
Net asset value (NAV)23.55 (08/26/2015)
Daily volume33,348
Average volume (3 months)37,277
Data as of 3:59pm ET, 08/28/2015

Peer Comparisonvs. Natural resources ETFs

 SLXCategory
Performance 5-yr return-13.85%+6.18%
Expense Gross exp ratio0.63%0.51%
Risk 5 year sharpe ratio-0.350.26
Net assets$62.0M$425.6M
Average market cap$7.7B$13.3B
Average P/E15.016.5
Dividend / Share--0.28%

Competitors

VAW Vanguard Materials Index Fund ETF Shares
XLB Materials Select Sector SPDR® Fund
RTM Guggenheim S&P 500® Equal Weight Materi...

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 Tinto14.37%
VALE Vale SA12.04%
MT ArcelorMittal6.56%
TS Tenaris SA6.48%
PKX Posco6.32%
NUE Nucor Corp6.15%
RS Reliance Steel and Aluminum Co5.15%
STLD Steel Dynamics Inc4.99%
X United States Steel Corp4.65%
TX Ternium SA4.34%

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