SLXVanEck Steel ETF
Tracks the price and yield performance of the MarketVector Global Steel Index.
By VanEck · Launched 2006
Annual Cost
0.55%
#2,914 of 5,854 · average
Fund Size
$170M
#2,488 of 5,854 · mid-size
Return (1Y)Goal
+53.7%
Track Record
19 years
#351 of 5,854 · established
Performance
Total-return NAV · USDGrowth of $10,000
$14,175+41.8%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
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
100.1%
By sector
Basic Materials
92.7%
Energy
3.9%
Industrials
3.4%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
24.8%High
Year-on-year price swings
Max drawdown
-61.9%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.64Decent risk-adjusted returns
Sortino (3Y)
0.95Moderate downside risk
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
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Data updated on 2026-08-04