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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

      Bank of New York Mellon
    • Index Ticker

      STEEL
    • Index Rebalancing

      Quarterly
  •  
    as of 09/28/16

    • 30-Day SEC Yield1

      1.68%
    • Total Net Assets

      $105.4M
    • Number of Holdings

      27
    • Options

      Available
    • Gross Expense Ratio2

      0.69%
    • Net Expense Ratio/TER2

      0.55%
    • Distribution Frequency

      Annual
    • Next Distribution Date

      12/16/2016
  • 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

      3,350,000
    • Estimated Cash

      KLXEU
    • Total Cash

      KLXTC
    • CUSIP

      92189F205
    • ISIN

      US92189F2056
    Source: Bloomberg
  • Fees and Expenses2

    • Management Fee

      0.50%
    • Other Expenses

      0.19%
    • Gross Expense Ratio

      0.69%
    • Fee Waivers and
      Expense Reimbursement

      -0.14%
    • Net Expense Ratio/TER2

      0.55%
    2 Expenses for SLX are capped contractually at 0.55% until at least May 1, 2017. Cap excludes certain expenses, such as interest.
  • Prices as of 09/28/16

    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 $31.46
    $31.48
    39,447
    13,140
    $1.27 / +4.20%
    $1.33 / +4.41%
    +61.1%
    +61.4%
    $0.02
    0.07%
  • 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
    10/10/06
    SLX (NAV) -7.52 19.24 52.41 23.17 -7.50 -9.21 -- -0.77
    SLX (Share Price) -7.46 19.37 52.67 23.44 -7.48 -9.19 -- -0.76
    STEEL (Index) -7.54 19.16 51.69 22.11 -7.55 -9.09 -- --
    Performance Differential (NAV - Index) 0.02 0.08 0.72 1.06 0.05 -0.12 -- --
    Quarter End as of 06/30/16
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    10/10/06
    SLX (NAV) 10.78 10.74 41.60 -4.34 -6.95 -14.22 -- -1.53
    SLX (Share Price) 10.71 10.48 41.59 -4.51 -6.95 -14.25 -- -1.54
    STEEL (Index) 10.76 10.62 41.00 -5.09 -6.97 -14.11 -- -1.25
    Performance Differential (NAV - Index) 0.02 0.12 0.60 0.75 0.02 -0.11 -- -0.28
  • Daily Holdings »Top 10 Holdings (%)  as of 08/31/16

    Total Holdings: 27
    Holding Name
    Ticker
    SharesMarket Value
    (US$)
    % of Net
    Assets
    Rio Tinto Plc
    RIO US
    457,948
    13,816,29112.22
    Vale Sa
    VALE US
    2,246,352
    11,838,27510.47
    Arcelormittal
    MT US
    1,313,167
    7,682,0276.80
    Posco
    PKX US
    149,382
    7,614,0016.73
    Gerdau Sa
    GGB US
    2,725,881
    7,523,4326.65
    Tenaris Sa
    TS US
    252,836
    6,937,8206.14
    Nucor Corp
    NUE US
    136,182
    6,606,1895.84
    Vedanta Ltd
    VEDL US
    636,538
    6,365,3805.63
    Cia Siderurgica Nacional Sa
    SID US
    2,125,687
    5,590,5574.95
    United States Steel Corp
    X US
    270,678
    5,261,9804.65
    Top 10 Total (%)70.08
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Country Weightings (%) as of 08/31/16

    • Country

      % of Net Assets
    • UNITED STATES

      36.35
    • BRAZIL

      22.07
    • UNITED KINGDOM

      12.22
    • NETHERLANDS

      10.36
    • LUXEMBOURG

      6.80
    • SOUTH KOREA

      6.73
    • BAHAMAS

      5.63
    • Other/Cash

      -0.16
  • Sector Weightings (%) as of 08/31/16

    • Sector

      % of Net Assets
    • Materials

      92.4
    • Energy

      6.1
    • Industrials

      1.7
    • Other/Cash

      -0.2