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SLX
VanEck Vectors Steel ETF

Fund Description

VanEck Vectors® Steel ETF (SLX®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index (STEEL), which is intended to track the overall performance of companies involved in the steel sector.

 
 

  • Fund Ticker

    SLX
  • Exchange

    NYSE Arca
  • Commencement

    10/10/2006
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    STEEL
  • Index Rebalancing

    Quarterly

 
as of 11/15/19

  • 30-Day SEC Yield1

    2.84%
  • Total Net Assets

    $55.3M
  • Number of Holdings

    26
  • Options

    Available
  • Gross Expense Ratio2

    0.61%
  • Net Expense Ratio/TER2

    0.56%
  • Distribution Frequency

    Annual
  • Next Distribution Date

    12/20/2019

Index Key Points

Underlying Index: NYSE Arca Steel Index (STEEL) 

The Index comprises:

Companies primarily involved in activities related to steel production, including mill operation, steel fabrication, and the extraction and reduction of iron ore

Companies eligible for inclusion in Index:

  • Primarily involved in activities related to steel production
  • Market cap exceeding $100 million
  • Daily average traded volume of at least $1 million over the past three months

Index provider:

ICE Data Indices, LLC

Index Profile

  • Ticker

    STEEL
  • Inception Date

    09/29/2006
  • Rebalance Frequency

    Quarterly

Index Top 10 Constituents (%) as of 10/31/19

Total Constituents: 26
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full data
Constituent Name
Ticker
Weightings (%)
Vale Sa-Sp Adr
VALE US
11.07
Rio Tinto Plc-Spon Adr
RIO US
10.75
Ternium Sa-Sponsored Adr
TX US
7.39
Vedanta Ltd-Adr
VEDL US
5.84
Reliance Steel & Aluminum
RS US
5.23
Nucor Corp
NUE US
5.15
Arcelormittal-Ny Registered
MT US
4.96
Gerdau Sa -Spon Adr
GGB US
4.80
Tenaris Sa-Adr
TS US
4.70
Allegheny Technologies Inc
ATI US
4.66
Top 10 Total (%) 64.55
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 10/31/19

  • Country

    Weightings (%)
  • United States

    42.4
  • Brazil

    19.8
  • Luxembourg

    17.1
  • Australia

    10.8
  • India

    5.8
  • South Korea

    4.2

Index Sector Weightings (%) as of 10/31/19

  • Sector

    Weightings (%)
  • Materials

    92.9
  • Energy

    4.7
  • Industrials

    2.4