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Market Vectors® Steel ETF (SLX)

29.39
Delayed Data
As of Apr 28
 +0.02 / +0.07%
Today’s Change
15.30
Today|||52-Week Range
37.09
+50.72%
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+19.89% 3 years-7.58%
3 months+74.08% 5 years-14.22%
1 year-13.95% Since inception-0.87%
Data through 04/29/2016

Quote Details

Previous close$29.37
Open day’s range29.24 – 30.46
Net asset value (NAV)29.35 (04/28/2016)
Daily volume56,294
Average volume (3 months)67,031
Data as of 04/28/2016

Peer Comparisonvs. Natural resources ETFs

 SLXCategory
Performance 5-yr return-14.22%-5.78%
Expense Gross exp ratio0.63%0.49%
Risk 5 year sharpe ratio-0.44-0.12
Net assets$62.4M$356.9M
Average market cap$7.4B$13.5B
Average P/E--20.1
Dividend / Share--0.28%

Competitors

VAW Vanguard Materials Index Fund ETF Shares
XLB Materials Select Sector SPDR® Fund
PYZ PowerShares DWA Basic Materials Momentum...

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 Tinto13.23%
VALE Vale SA10.17%
PKX Posco7.36%
NUE Nucor Corp6.78%
MT ArcelorMittal6.61%
TS Tenaris SA6.53%
GGB Gerdau SA4.99%
X United States Steel Corp4.72%
STLD Steel Dynamics Inc4.62%
RS Reliance Steel & Aluminum Co4.52%

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