CONTACT US | Follow
Individual Investors

Subscribe to email updates

Subscribe now

Financial Professionals

Subscribe to email updates, or password protected financial professional-only content
email address/username
password

Steel ETF SLX

  • Full Name: Market Vectors®
    Steel ETF (SLX®)

    Management Style: Replication

    Underlying Index: NYSE Arca Steel Index (STEEL)

    Index Description: STEEL is a modified market capitalization-weighted index comprised of publicly traded companies predominantly involved in the production of steel products or mining and processing of iron ore.

  •  
     

    • Fund Ticker

      SLX
    • Exchange

      NYSE Arca
    • Index Total Return Ticker

      STEEL
    • Index Provider

      NYSE Arca
    • Total Net Assets

      $105.4M
    • Shares Outstanding

      2,250,000
    • Number of Holdings

      28
    • Commencement Date

      10/10/2006
  •  
    as of 04/24/14

  • Key Points

    Nation's First ETF Focusing on Steel
    A cornerstone industry supporting global industrialization
    Pure Play
    Index constituents must be primarily involved in activities related to steel production
    A Comprehensive Portfolio
    A blend of large-, mid- and small-cap stocks
     
  • Trading Information

    • Fund Ticker

      SLX
    • Index Total Return Ticker

      STEEL
    • NAV

      KLXNV
    • Intraday NAV (IIV)4

      KLX
    • Shares Outstanding

      2,250,000
    • Estimated Cash

      KLXEU
    • Total Cash

      KLXTC
    • CUSIP

      57060U308
    • ISIN

      US57060U3086
    Source: Bloomberg
  • Fees & Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      0.10%
    • Gross Expense Ratio

      0.60%
    • Fee Waivers and
      Expense Reimbursement

      (0.05)%
    • Net Expense Ratio

      0.55%
    2 Expenses for SLX are capped contractually at 0.55% until at least May 1, 2014. Cap excludes certain expenses, such as interest. See Important Disclosure for more information.
  • Prices as of 04/24/2014

    NAV/
    Last Price
    Volume
    30-Day Avg./
    Last Trading Day
    Daily Change
    NAV/
    Last Price
    YTD Change
    NAV/
    Last Price
    Premium/
    Discount
    Prem/Discount
    Distribution Charts
    NAV &
    Prem/Discount
    History
    NAV
    Chart
    SLX $46.84
    $46.79
    69,914
    22,224
    $0.25 / +0.5%
    $0.22 / +0.5%
    - 5.9%
    - 5.9%

    $-0.05
    -0.11%
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    10/11/06
    SLX (NAV) 2.44 -6.53 -6.53 8.77 -12.62 13.23 -- 3.91
    SLX (Share Price) 2.60 -6.42 -6.42 8.99 -12.57 13.35 -- 3.92
    STEEL (Index) 2.50 -6.44 -6.44 9.41 -12.31 13.65 -- 4.37
    Performance Differential (NAV - Index) -0.06 -0.09 -0.09 -0.64 -0.31 -0.42 -- -0.46
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    10/11/06
    SLX (NAV) 2.44 -6.53 -6.53 8.77 -12.62 13.23 -- 3.91
    SLX (Share Price) 2.60 -6.42 -6.42 8.99 -12.57 13.35 -- 3.92
    STEEL (Index) 2.50 -6.44 -6.44 9.41 -12.31 13.65 -- 4.37
    Performance Differential (NAV - Index) -0.06 -0.09 -0.09 -0.64 -0.31 -0.42 -- -0.46
  • View All Holdings » Top 10 Holdings (%) as of 03/31/14

    Total Holdings: 28
    Holding Name
    Ticker
    Shares Market Value
    (US$)
    % of Net
    Assets
    Rio Tinto Plc
    RIO US
    245,666
    14,036,785 14.04
    Vale Sa
    VALE US
    988,469
    13,670,526 13.67
    Arcelormittal
    MT US
    396,901
    6,409,951 6.41
    Tenaris Sa
    TS US
    140,674
    6,224,825 6.22
    Posco
    PKX US
    83,114
    5,768,943 5.77
    Nucor Corp
    NUE US
    95,748
    4,875,667 4.88
    Sesa Goa Ltd
    SSLT US
    379,175
    4,709,354 4.71
    Cia Siderurgica Nacional Sa
    SID US
    1,042,056
    4,543,364 4.54
    Gerdau Sa
    GGB US
    704,182
    4,513,807 4.51
    Ternium Sa
    TX US
    150,862
    4,462,498 4.46
    Top 10 Total (%) 69.21
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%)
    as of 03/31/14

    • Country

      % of Net Assets
    • U.S.

      35.4
    • BRAZIL

      22.7
    • UNITED KINGDOM

      14.0
    • LUXEMBOURG

      6.4
    • NETHERLANDS

      6.2
    • SOUTH KOREA

      5.8
    • BAHAMAS

      4.7
    • CW

      4.5
    • RUSSIA

      0.7
    • Other

      -0.4
    • Total

      100.0
  • Sector Weightings (%)
    as of 03/31/14

    • Sector

      % of Net Assets
    • Materials

      89.0
    • Energy

      6.2
    • Industrials

      5.1
    • Other

      -0.4
    • Total

      99.9