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VanEck Vectors Steel ETF (SLX)

40.86
Delayed Data
As of Nov 17
 +0.32 / +0.79%
Today’s Change
35.03
Today|||52-Week Range
45.39
+8.12%
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.

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Performance

1 month-5.71% 3 years+3.61%
3 months+2.81% 5 years+2.13%
1 year+11.48% Since inception+2.36%
Data through 11/18/2017

Quote Details

Previous close$40.54
Open day’s range40.44 – 41.03
Net asset value (NAV)40.93 (11/17/2017)
Daily volume19,395
Average volume (3 months)46,473
Data as of 8:00pm ET, 11/17/2017

Peer Comparisonvs. Natural resources ETFs

 SLXCategory
Performance 5-yr return+2.13%+1.75%
Expense Gross exp ratio0.60%1.42%
Risk 5 year sharpe ratio0.200.26
Net assets$148.3M$706.0M
Average market cap$11.1B$17.1B
Average P/E13.524.0
Dividend / Share--0.23%

Competitors

VAW Vanguard Materials Index Fund ETF Shares
FMAT Fidelity® MSCI Materials Index ETF
CUT Guggenheim MSCI Global Timber ETF

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 Tinto12.26%
VEDL Vedanta Ltd9.89%
TX Ternium SA9.24%
VALE Vale SA8.14%
MT ArcelorMittal5.62%
STLD Steel Dynamics Inc5.09%
TS Tenaris SA5.08%
X United States Steel Corp4.94%
NUE Nucor Corp4.82%
RS Reliance Steel & Aluminum Co4.68%