SLXVanEck Steel ETF

Grow my money19y track recordRanked #1,024 of 3,055 in this goal

Tracks the price and yield performance of the MarketVector Global Steel Index.

By VanEck · Launched 2006

Annual Cost

0.55%

#3,020 of 6,040 · average

Fund Size

$173M

#2,588 of 6,040 · mid-size

Return (1Y)

+51.1%

Track Record

19 years

#357 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$15,019+50.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Sector

Materials

Index tracked

MarketVector Global Steel Index

Holdings

By weight

Concentration

Top 10 holdings = 62.5% of fundconcentrated

Rio Tinto PLC

8.3%

BHP Group Ltd

8.1%

Vale SA

7.4%

Rio Tinto Ltd

6.7%

State Street Global Advisors

6.7%

Nucor Corp

6.0%

Fortescue Ltd

5.6%

ArcelorMittal SA

4.7%

Reliance Inc

4.5%

POSCO Holdings Inc

4.5%

Asset allocation

Stocks

100.0%

Cash

0.0%

By sector

Basic Materials

93.0%

Energy

3.5%

Industrials

3.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

24.5%High

Year-on-year price swings

Max drawdown

-61.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.76Decent risk-adjusted returns

Sortino (3Y)

1.12Good downside protection

Listing

Exchange: NYSE Arca

Full fund details

Objective: Tracks the price and yield performance of the MarketVector Global Steel Index.
Strategy: Uses a passive investment approach to invest at least 80% of assets in securities that comprise the Steel Index, which includes companies of any market capitalization primarily involved in the steel industry. Significant exposure to basic materials sector and companies in Australia, Japan, and the U.S.
Inception date: October 10, 2006
Fund family: VanEck