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VanEck Vectors Steel ETF (SLX)

42.72
BATS BZX Real-Time Price
As of 9:48am ET
 +1.02 / +2.45%
Today’s Change
15.30
Today|||52-Week Range
42.72
+119.08%
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.

Steel ETF Looks Promising after Trump Win
Dec 06 / Zacks.com - Paid Partner Content
 

Performance

1 month+26.88% 3 years-1.45%
3 months+34.01% 5 years-1.41%
1 year+102.83% Since inception+2.68%
Data through 12/07/2016

Quote Details

Previous close$41.70
Open day’s range42.50 – 42.72
Net asset value (NAV)41.73 (12/06/2016)
Daily volume339
Average volume (3 months)81,463
Data as of 9:48am ET, 12/07/2016

Peer Comparisonvs. Natural resources ETFs

 SLXCategory
Performance 5-yr return-1.41%+1.64%
Expense Gross exp ratio0.69%1.40%
Risk 5 year sharpe ratio0.090.10
Net assets$176.5M$761.7M
Average market cap$11.8B$13.9B
Average P/E26.422.2
Dividend / Share--0.22%

Competitors

VAW Vanguard Materials Index Fund ETF Shares
FMAT Fidelity® MSCI Materials Index ETF
XLB Materials Select Sector SPDR® Fund

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 SA12.58%
RIO Rio Tinto12.36%
MT ArcelorMittal6.87%
X United States Steel Corp6.07%
NUE Nucor Corp5.76%
TS Tenaris SA5.72%
PKX Posco5.47%
STLD Steel Dynamics Inc5.02%
GGB Gerdau SA4.88%
WOR Worthington Industries Inc4.48%

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