SLX
VanEck Steel ETF
SLX
VanEck Steel ETF
-
NAV$88.84
as of January 06, 2026 -
YTD RETURNS4.78%
as of January 06, 2026 -
Total Net Assets$168.79M
as of January 06, 2026 -
Gross Expense Ratio0.60%
-
Net Expense Ratio0.56%
-
Inception Date10/10/2006
About SLX
VanEck Steel ETF (SLX®) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MarketVector Global Steel Index (MVSLXTR), which is intended to track the overall performance of companies involved in the global steel segment.
Overview
Why SLX
- Steel is the backbone of global infrastructure and critical to our next-generation technologies
- Unique, dedicated exposure to steel segment
- Selective global scope targeting pure-play steel companies
Performance
Performance History:
Average Annual Total Returns* (%)| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 10/10/06 |
|
|---|---|---|---|---|---|---|---|---|
| SLX (NAV) | 6.18 | 18.68 | 47.16 | 47.16 | 16.59 | 18.21 | 19.77 | 7.03 |
| SLX (Share Price) | 6.55 | 18.86 | 47.37 | 47.37 | 16.59 | 18.20 | 19.79 | 7.04 |
| MVSLXTR (Index) | 6.36 | 19.04 | 48.36 | 48.36 | 17.57 | 19.15 | 20.44 | 7.50 |
| Performance Differential (NAV - Index) | -0.18 | -0.36 | -1.20 | -1.20 | -0.98 | -0.94 | -0.67 | -0.47 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 10/10/06 |
|
|---|---|---|---|---|---|---|---|---|
| SLX (NAV) | 6.18 | 18.68 | 47.16 | 47.16 | 16.59 | 18.21 | 19.77 | 7.03 |
| SLX (Share Price) | 6.55 | 18.86 | 47.37 | 47.37 | 16.59 | 18.20 | 19.79 | 7.04 |
| MVSLXTR (Index) | 6.36 | 19.04 | 48.36 | 48.36 | 17.57 | 19.15 | 20.44 | 7.50 |
| Performance Differential (NAV - Index) | -0.18 | -0.36 | -1.20 | -1.20 | -0.98 | -0.94 | -0.67 | -0.47 |
$1.65
/
+1.90%
Fees
Holdings
Daily Holdings (%) as of 01/06/2026
Download XLS|
Ticker
|
Holding Name |
% of Net Assets |
Identifier (FIGI)
|
Shares
|
Asset Class |
Market Value (US$) |
Notional Value |
|---|---|---|---|---|---|---|---|
|
RIO US |
Rio Tinto Plc | 8.41 |
BBG000FD28T3 |
166,600 |
Stock | 14,199,318 | -- |
|
BHP US |
Bhp Group Ltd | 8.06 |
BBG000BD5NZ4 |
209,839 |
Stock | 13,597,567 | -- |
|
VALE US |
Vale Sa | 7.18 |
BBG000BN5LG7 |
855,571 |
Stock | 12,123,441 | -- |
|
FMG AU |
Fortescue Metals Group Ltd | 6.29 |
BBG000J47TP2 |
686,248 |
Stock | 10,609,845 | -- |
|
RIO AU |
Rio Tinto Ltd | 5.85 |
BBG000BYLWT7 |
95,695 |
Stock | 9,881,898 | -- |
|
NUE US |
Nucor Corp | 5.82 |
BBG000BQ8KV2 |
57,970 |
Stock | 9,817,220 | -- |
|
MT US |
Arcelormittal Sa | 4.94 |
BBG000BJH5W0 |
176,411 |
Stock | 8,346,004 | -- |
|
5401 JP |
Nippon Steel Corp | 4.41 |
BBG000BG9X54 |
1,803,400 |
Stock | 7,450,512 | -- |
|
RS US |
Reliance Steel & Aluminum Co | 4.39 |
BBG000CJ2181 |
24,730 |
Stock | 7,414,549 | -- |
|
STLD US |
Steel Dynamics Inc | 4.27 |
BBG000HGYNZ9 |
41,725 |
Stock | 7,207,577 | -- |
|
PKX US |
Posco Holdings Inc | 4.19 |
BBG000BCBSD2 |
131,214 |
Stock | 7,064,562 | -- |
|
5411 JP |
Jfe Holdings Inc | 3.32 |
BBG000BQWB27 |
429,200 |
Stock | 5,599,614 | -- |
|
2002 TT |
China Steel Corp | 3.16 |
BBG000BDBXZ5 |
9,086,000 |
Stock | 5,333,364 | -- |
|
TS US |
Tenaris Sa | 2.96 |
BBG000PLD4R3 |
123,805 |
Stock | 4,996,770 | -- |
|
CLF US |
Cleveland-Cliffs Inc | 2.42 |
BBG000BFRF55 |
308,418 |
Stock | 4,092,707 | -- |
|
BSL AU |
Bluescope Steel Ltd | 2.40 |
BBG000KPMQF3 |
202,476 |
Stock | 4,049,375 | -- |
|
CMC US |
Commercial Metals Co | 2.37 |
BBG000BFSND8 |
53,705 |
Stock | 4,006,930 | -- |
|
MIN AU |
Mineral Resources Ltd | 2.25 |
BBG000M2YPN2 |
97,005 |
Stock | 3,803,806 | -- |
|
SSABB SS |
Ssab Ab | 2.10 |
BBG000BGD8Q1 |
439,996 |
Stock | 3,548,637 | -- |
|
GGB US |
Gerdau Sa | 1.94 |
BBG000K91FQ4 |
833,545 |
Stock | 3,275,832 | -- |
|
ACX SM |
Acerinox Sa | 1.22 |
BBG000BB7ZC4 |
134,981 |
Stock | 2,052,113 | -- |
|
2027 TT |
Ta Chen Stainless Pipe | 1.15 |
BBG000HK7WR9 |
1,753,000 |
Stock | 1,944,691 | -- |
|
5444 JP |
Yamato Kogyo Co Ltd | 0.90 |
BBG000BD7BW1 |
21,500 |
Stock | 1,516,762 | -- |
|
OUT1V FH |
Outokumpu Oyj | 0.87 |
BBG000BQ5Z60 |
273,145 |
Stock | 1,474,302 | -- |
|
EREGL TI |
Eregli Demir Ve Celik Fabrikalari Tas | 0.87 |
BBG000BVCBJ0 |
2,526,360 |
Stock | 1,473,490 | -- |
|
TX US |
Ternium Sa | 0.81 |
BBG000LTPD97 |
34,729 |
Stock | 1,370,406 | -- |
|
5463 JP |
Maruichi Steel Tube Ltd | 0.80 |
BBG000BL7191 |
141,900 |
Stock | 1,350,361 | -- |
|
8078 JP |
Hanwa Co Ltd | 0.76 |
BBG000BBLFX9 |
26,900 |
Stock | 1,276,074 | -- |
|
APAM NA |
Aperam Sa | 0.76 |
BBG001D93XQ9 |
31,696 |
Stock | 1,274,583 | -- |
|
RUS CN |
Russel Metals Inc | 0.74 |
BBG000DPZC04 |
38,166 |
Stock | 1,245,621 | -- |
|
SGM AU |
Sims Ltd | 0.71 |
BBG000BSRGJ0 |
96,240 |
Stock | 1,192,603 | -- |
|
004020 KS |
Hyundai Steel Co | 0.63 |
BBG000BCVFZ4 |
52,015 |
Stock | 1,063,143 | -- |
|
LIF CN |
Labrador Iron Ore Royalty Corp | 0.58 |
BBG000HRCTX8 |
43,425 |
Stock | 975,606 | -- |
|
KIO SJ |
Kumba Iron Ore Ltd | 0.53 |
BBG000PPVK43 |
39,523 |
Stock | 892,184 | -- |
|
SID US |
Cia Siderurgica Nacional Sa | 0.48 |
BBG000JM98S3 |
459,455 |
Stock | 804,046 | -- |
|
2015 TT |
Feng Hsin Steel Co Ltd | 0.46 |
BBG000BJR8N3 |
399,000 |
Stock | 783,296 | -- |
|
WS US |
Worthington Steel Inc | 0.35 |
BBG01JPM5032 |
16,878 |
Stock | 596,975 | -- |
|
VSVS LN |
Vesuvius Plc | 0.32 |
BBG000BDBMW2 |
96,733 |
Stock | 534,369 | -- |
|
-USD CASH- |
-0.04 |
-- |
-59,370 |
Cash Bal | -59,370 | -- | |
|
-- |
Other/Cash | 0.36 |
-- |
0 |
Cash | 613,508 | -- |
Portfolio
Sector Weightings (%) as at 12/31/2025
-
Sector
% of Net Assets -
Materials
94.85 -
Energy
2.95 -
Industrials
1.84 -
Other/Cash
0.35
Country Weightings (%) as at 12/31/2025
-
Country
% of Net Assets -
Australia
32.33 -
United States
20.62 -
Japan
10.46 -
Brazil
9.29 -
Luxembourg
5.80 -
Taiwan Region
5.12 -
South Korea
5.03 -
Netherlands
3.78 -
Sweden
2.04 -
Canada
1.34 -
Spain
1.24 -
Finland
0.88 -
Turkey
0.87 -
South Africa
0.52 -
United Kingdom
0.32 -
Other/Cash
0.35
Distributions
Yields as of 01/06/2026
Annual
2.44%
1.48%
1.48%
Distribution History
| Year | Ex-date |
Record Date |
Payable date |
Dividend Income‡ |
Short-Term Capital Gains |
Long-Term Capital Gains |
Return of Capital |
Total Distributions |
|---|---|---|---|---|---|---|---|---|
| 2025 | 12/22/2025 | 12/22/2025 | 12/26/2025 | $ 1.3158 | -- | -- | -- | $ 1.32 |
| 2024 | 12/23/2024 | 12/23/2024 | 12/24/2024 | $ 2.0784 | -- | -- | -- | $ 2.08 |
| 2023 | 12/18/2023 | 12/19/2023 | 12/22/2023 | $ 2.0667 | -- | -- | -- | $ 2.07 |
| 2022 | 12/19/2022 | 12/20/2022 | 12/23/2022 | $ 2.8706 | -- | -- | $ 0.0061 | $ 2.88 |
| 2021 | 12/20/2021 | 12/21/2021 | 12/27/2021 | $ 3.7609 | -- | -- | -- | $ 3.76 |
| 2020 | 12/21/2020 | 12/22/2020 | 12/28/2020 | $ 0.7738 | -- | -- | $ 0.0595 | $ 0.83 |
| 2019 | 12/30/2019 | 12/31/2019 | 01/06/2020 | $ 0.0723 | -- | -- | -- | $ 0.07 |
| 2019 | 12/23/2019 | 12/24/2019 | 12/30/2019 | $ 0.9715 | -- | -- | -- | $ 0.97 |
| 2018 | 12/20/2018 | 12/21/2018 | 12/27/2018 | $ 2.1820 | -- | -- | -- | $ 2.18 |
| 2017 | 12/27/2017 | 12/28/2017 | 01/03/2018 | $ 0.0270 | -- | -- | -- | $ 0.03 |
| 2017 | 12/18/2017 | 12/19/2017 | 12/22/2017 | $ 1.0910 | -- | -- | -- | $ 1.09 |
| 2016 | 12/19/2016 | 12/21/2016 | 12/23/2016 | $ 0.4020 | -- | -- | -- | $ 0.40 |
| 2015 | 12/21/2015 | 12/23/2015 | 12/28/2015 | $ 1.0233 | -- | -- | $ 0.0197 | $ 1.04 |
| 2014 | 12/22/2014 | 12/24/2014 | 12/29/2014 | $ 1.1590 | -- | -- | -- | $ 1.16 |
| 2013 | 12/23/2013 | 12/26/2013 | 12/30/2013 | $ 0.9444 | -- | -- | $ 0.0396 | $ 0.98 |
| 2012 | 12/24/2012 | 12/27/2012 | 12/31/2012 | $ 1.0750 | -- | -- | -- | $ 1.08 |
| 2011 | 12/23/2011 | 12/28/2011 | 12/30/2011 | $ 1.1420 | -- | -- | -- | $ 1.14 |
| 2010 | 12/23/2010 | 12/28/2010 | 12/30/2010 | $ 0.8696 | -- | -- | $ 0.1554 | $ 1.03 |
| 2009 | 12/23/2009 | 12/28/2009 | 12/30/2009 | $ 0.9161 | -- | -- | $ 0.0659 | $ 0.98 |
| 2008 | 12/26/2008 | 12/29/2008 | 12/31/2008 | $ 1.3050 | $ 0.0500 | -- | -- | $ 1.36 |
| 2007 | 12/24/2007 | 12/27/2007 | 12/31/2007 | $ 0.4850 | -- | -- | -- | $ 0.49 |
| 2006 | 12/21/2006 | 12/26/2006 | 12/29/2006 | $ 0.1450 | -- | -- | -- | $ 0.15 |
‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.
Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.
The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.