SLXVanEck Steel ETF

Grow my money19y track recordRanked #942 of 2,960 in this goal

Seeks to track the price and yield performance of the MarketVector Global Steel Index.

By VanEck · Launched 2006

Annual Cost

0.55%

#2,811 of 5,562 · average

Fund Size

$224M

#2,222 of 5,562 · mid-size

Return (1Y)Goal

+64.7%

Track Record

19 years

#358 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$17,767+77.7%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Sector

Materials

Index tracked

MarketVector Global Steel Index

What it actually holds

By weight

Concentration

Top 10 holdings = 64.3% of fundconcentrated

State Street Global Advisors

9.3%

Rio Tinto PLC

8.3%

BHP Group Ltd

7.9%

Vale SA

6.9%

Fortescue Ltd

6.2%

Nucor Corp

5.9%

Rio Tinto Ltd

5.8%

ArcelorMittal SA

5.0%

Nippon Steel Corp

4.6%

Reliance Inc

4.4%

Asset allocation

Stocks

99.2%

Cash

0.8%

By sector

Basic Materials

93.2%

Energy

3.5%

Industrials

3.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

25.1%High

Year-on-year price swings

Max drawdown

-61.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.80Decent risk-adjusted returns

Sortino (3Y)

1.19Good downside protection

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the price and yield performance of the MarketVector Global Steel Index.
Strategy: Invests primarily in securities that comprise the Steel Index, which is a modified market-capitalization weighted index of companies involved in steel production and related services. The Fund uses a passive investment approach to approximate the Steel Index's performance.
Inception date: October 10, 2006
Fund family: VanEck