Market Vectors® Steel ETF (SLX)

30.11
Delayed Data
As of Jul 02
 -0.16 / -0.53%
Today’s Change
29.93
Today|||52-Week Range
50.48
-15.11%
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-11.67% 3 years-10.21%
3 months-3.86% 5 years-8.46%
1 year-36.31% Since inception-1.27%
Data through 07/03/2015

Quote Details

Previous close$30.27
Open day’s range29.93 – 30.49
Net asset value (NAV)30.13 (07/02/2015)
Daily volume18,412
Average volume (3 months)50,582
Data as of 3:59pm ET, 07/02/2015

Peer Comparisonvs. Natural resources ETFs

 SLXCategory
Performance 5-yr return-8.46%+2.50%
Expense Gross exp ratio0.63%0.51%
Risk 5 year sharpe ratio-0.170.40
Net assets$84.2M$447.0M
Average market cap$9.3B$16.9B
Average P/E17.218.4
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 Tinto13.31%
VALE Vale SA11.69%
PKX Posco6.61%
MT ArcelorMittal6.24%
TS Tenaris SA5.97%
NUE Nucor Corp5.38%
STLD Steel Dynamics Inc4.88%
RS Reliance Steel and Aluminum Co4.77%
ATI Allegheny Technologies Inc4.61%
TX Ternium SA4.58%

To view my watchlist

Not a member yet?

Sign up now for a free account

Partner Financial Offers