VanEck Vectors Steel ETF (SLX)

49.23
Delayed Data
As of Apr 20
 -0.44 / -0.89%
Today’s Change
35.01
Today|||52-Week Range
51.91
+7.37%
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+5.44% 3 years+18.36%
3 months-2.36% 5 years+7.03%
1 year+33.59% Since inception+4.16%
Data through 04/21/2018

Quote Details

Previous close$49.67
Open day’s range49.02 – 49.56
Net asset value (NAV)49.25 (04/20/2018)
Daily volume23,556
Average volume (3 months)87,107
Data as of 8:00pm ET, 04/20/2018

Peer Comparisonvs. Natural resources ETFs

 SLXCategory
Performance 5-yr return+7.03%+1.27%
Expense Gross exp ratio0.60%1.44%
Risk 5 year sharpe ratio0.260.18
Net assets$155.6M$604.9M
Average market cap$13.6B$4.6B
Average P/E12.711.6
Dividend / Share--0.23%

Competitors

VAW Vanguard Materials Index Fund ETF Shares
WOOD iShares Global Timber & Forestry ETF
FMAT Fidelity® MSCI Materials Index 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 Tinto12.50%
VALE Vale SA10.04%
TX Ternium SA9.57%
VEDL Vedanta Ltd7.73%
TS Tenaris SA6.03%
MT ArcelorMittal5.02%
SID Companhia Siderurgica Nacional4.67%
GGB Gerdau SA4.62%
STLD Steel Dynamics Inc4.52%
RS Reliance Steel & Aluminum Co4.51%