-
NAV$103.29
as of July 24, 2026 -
YTD RETURNS21.82%
as of July 24, 2026 -
Total Net Assets$165.26M
as of July 24, 2026 -
Gross Expense Ratio0.64%
-
Net Expense Ratio0.55%
-
Inception Date10/10/2006
About SLX
VanEck Steel ETF (SLX®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index (STEEL), which is intended to track the overall performance of companies involved in the steel sector.
Overview
Fund Highlights
- One-Trade Access to the Steel Industry
An industry supporting global industrialization
- Pure Play with Global Scope
Includes companies involved in a variety of activities related to steel production
- Convenient Customization
Customize overall commodity exposure with targeted allocation to steel companies
Performance
Performance History:
Average Annual Total Returns* (%)| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 10/10/06 |
|
|---|---|---|---|---|---|---|---|---|
| SLX (NAV) | -10.97 | 7.58 | 16.54 | 51.41 | 18.59 | 14.11 | 17.46 | 7.68 |
| SLX (Market Price) | -11.23 | 7.19 | 15.97 | 51.01 | 18.45 | 14.02 | 17.42 | 7.66 |
| MVSLXTR (Index) | -11.08 | 8.30 | 16.37 | 51.98 | 19.35 | 14.87 | 18.15 | 8.13 |
| Performance Differential (NAV - Index) | 0.11 | -0.72 | 0.17 | -0.57 | -0.76 | -0.76 | -0.69 | -0.45 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 10/10/06 |
|
|---|---|---|---|---|---|---|---|---|
| SLX (NAV) | -10.97 | 7.58 | 16.54 | 51.41 | 18.59 | 14.11 | 17.46 | 7.68 |
| SLX (Market Price) | -11.23 | 7.19 | 15.97 | 51.01 | 18.45 | 14.02 | 17.42 | 7.66 |
| MVSLXTR (Index) | -11.08 | 8.30 | 16.37 | 51.98 | 19.35 | 14.87 | 18.15 | 8.13 |
| Performance Differential (NAV - Index) | 0.11 | -0.72 | 0.17 | -0.57 | -0.76 | -0.76 | -0.69 | -0.45 |
Fees
Holdings
Daily Holdings (%) as of 23 Jul 2026
Download XLS|
Ticker
|
Holding Name |
% of Net Assets |
Identifier (FIGI)
|
Shares
|
Asset Class |
Market Value (US$) |
Notional Value |
|---|---|---|---|---|---|---|---|
|
BHP |
Bhp Group Ltd | 7.52 |
BBG000BD5NZ4 |
146,793 |
Stock | 12,279,234 | -- |
|
VALE |
Vale Sa | 7.16 |
BBG000BN5LG7 |
788,367 |
Stock | 11,691,483 | -- |
|
RIO |
Rio Tinto Plc | 6.89 |
BBG000FD28T3 |
122,921 |
Stock | 11,248,501 | -- |
|
NUE |
Nucor Corp | 6.44 |
BBG000BQ8KV2 |
43,628 |
Stock | 10,520,892 | -- |
|
STLD |
Steel Dynamics Inc | 5.54 |
BBG000HGYNZ9 |
37,600 |
Stock | 9,045,432 | -- |
|
MT |
Arcelormittal Sa | 5.33 |
BBG000BJH5W0 |
131,755 |
Stock | 8,711,641 | -- |
|
5401 JP |
Nippon Steel Corp | 5.06 |
BBG000BG9X54 |
2,238,800 |
Stock | 8,265,531 | -- |
|
RS |
Reliance Steel & Aluminum Co | 4.65 |
BBG000CJ2181 |
19,185 |
Stock | 7,585,173 | -- |
|
RIO AU |
Rio Tinto Ltd | 4.58 |
BBG000BYLWT7 |
66,446 |
Stock | 7,471,899 | -- |
|
FMG AU |
Fortescue Metals Group Ltd | 4.35 |
BBG000J47TP2 |
548,161 |
Stock | 7,110,643 | -- |
|
PKX |
Posco Holdings Inc | 4.21 |
BBG000BCBSD2 |
128,837 |
Stock | 6,872,166 | -- |
|
TS |
Tenaris Sa | 3.93 |
BBG000PLD4R3 |
111,849 |
Stock | 6,415,659 | -- |
|
2002 TT |
China Steel Corp | 2.94 |
BBG000BDBXZ5 |
8,206,000 |
Stock | 4,792,751 | -- |
|
BSL AU |
Bluescope Steel Ltd | 2.55 |
BBG000KPMQF3 |
185,687 |
Stock | 4,165,159 | -- |
|
SSABB SS |
Ssab Ab | 2.41 |
BBG000BGD8Q1 |
397,512 |
Stock | 3,930,735 | -- |
|
5411 JP |
Jfe Holdings Inc | 2.32 |
BBG000BQWB27 |
362,700 |
Stock | 3,791,952 | -- |
|
VOE AV |
Voestalpine Ag | 2.20 |
BBG000FJH743 |
72,183 |
Stock | 3,586,366 | -- |
|
GGB |
Gerdau Sa | 2.17 |
BBG000K91FQ4 |
744,211 |
Stock | 3,549,886 | -- |
|
CMC |
Commercial Metals Co | 1.99 |
BBG000BFSND8 |
47,730 |
Stock | 3,247,549 | -- |
|
CLF |
Cleveland-Cliffs Inc | 1.87 |
BBG000BFRF55 |
278,988 |
Stock | 3,057,708 | -- |
|
MIN AU |
Mineral Resources Ltd | 1.67 |
BBG000M2YPN2 |
72,171 |
Stock | 2,728,819 | -- |
|
ACX SM |
Acerinox Sa | 1.40 |
BBG000BB7ZC4 |
121,943 |
Stock | 2,290,763 | -- |
|
2027 TT |
Ta Chen Stainless Pipe | 1.32 |
BBG000HK7WR9 |
1,580,000 |
Stock | 2,158,877 | -- |
|
EREGL TI |
Eregli Demir Ve Celik Fabrikalari Tas | 1.31 |
BBG000BVCBJ0 |
2,282,325 |
Stock | 2,136,304 | -- |
|
TX |
Ternium Sa | 1.02 |
BBG000LTPD97 |
35,299 |
Stock | 1,663,995 | -- |
|
RUS CN |
Russel Metals Inc | 0.99 |
BBG000DPZC04 |
33,652 |
Stock | 1,623,657 | -- |
|
5444 JP |
Yamato Kogyo Co Ltd | 0.98 |
BBG000BD7BW1 |
20,400 |
Stock | 1,607,546 | -- |
|
OUT1V FH |
Outokumpu Oyj | 0.96 |
BBG000BQ5Z60 |
246,767 |
Stock | 1,567,034 | -- |
|
APAM NA |
Aperam Sa | 0.95 |
BBG001D93XQ9 |
28,628 |
Stock | 1,550,099 | -- |
|
SGM AU |
Sims Ltd | 0.91 |
BBG000BSRGJ0 |
81,901 |
Stock | 1,488,901 | -- |
|
5463 JP |
Maruichi Steel Tube Ltd | 0.84 |
BBG000BL7191 |
126,200 |
Stock | 1,373,017 | -- |
|
004020 KS |
Hyundai Steel Co | 0.64 |
BBG000BCVFZ4 |
55,687 |
Stock | 1,051,895 | -- |
|
8078 JP |
Hanwa Co Ltd | 0.56 |
BBG000BBLFX9 |
86,300 |
Stock | 913,032 | -- |
|
LIF CN |
Labrador Iron Ore Royalty Corp | 0.44 |
BBG000HRCTX8 |
38,817 |
Stock | 710,899 | -- |
|
2015 TT |
Feng Hsin Steel Co Ltd | 0.42 |
BBG000BJR8N3 |
352,000 |
Stock | 689,372 | -- |
|
WS |
Worthington Steel Inc | 0.41 |
BBG01JPM5032 |
18,549 |
Stock | 667,393 | -- |
|
VSVS LN |
Vesuvius Plc | 0.39 |
BBG000BDBMW2 |
106,811 |
Stock | 643,471 | -- |
|
KIO SJ |
Kumba Iron Ore Ltd | 0.33 |
BBG000PPVK43 |
35,706 |
Stock | 539,492 | -- |
|
SID |
Cia Siderurgica Nacional Sa | 0.27 |
BBG000JM98S3 |
415,087 |
Stock | 439,992 | -- |
|
-AUD CASH- |
-- | 0.27 |
-- |
639,247 |
Cash Bal | 445,715 | -- |
|
-JPY CASH- |
-- | 0.18 |
-- |
47,403,912 |
Cash Bal | 289,163 | -- |
|
-EUR CASH- |
-- | 0.10 |
-- |
145,925 |
Cash Bal | 165,931 | -- |
|
-SEK CASH- |
-- | 0.04 |
-- |
700,460 |
Cash Bal | 71,753 | -- |
|
-CAD CASH- |
-- | 0.03 |
-- |
60,259 |
Cash Bal | 42,775 | -- |
|
-TRY CASH- |
-- | 0.02 |
-- |
1,776,915 |
Cash Bal | 37,619 | -- |
|
-GBP CASH- |
-- | 0.01 |
-- |
9,065 |
Cash Bal | 12,071 | -- |
|
-ZAR CASH- |
-- | 0.01 |
-- |
191,872 |
Cash Bal | 11,458 | -- |
|
-KRW CASH- |
-- | 0.00 |
-- |
147 |
Cash Bal | 0 | -- |
|
-USD CASH- |
-- | -0.63 |
-- |
-1,036,729 |
Cash Bal | -1,036,729 | -- |
|
-- |
Other/Cash | 0.04 |
-- |
0 |
Cash | 72,720 | -- |
Portfolio
Sector Weightings (%) as at 30 Jun 2026
-
Sector
% of Net Assets -
Materials
94.22 -
Energy
3.93 -
Industrials
1.88 -
Other/Cash
-0.02
Country Weightings (%) as at 30 Jun 2026
-
Country
% of Net Assets -
Australia
29.37 -
United States
21.08 -
Brazil
9.64 -
Japan
9.38 -
Luxembourg
5.90 -
Netherlands
4.88 -
South Korea
4.83 -
Taiwan Region
4.78 -
Sweden
2.33 -
Austria
2.13 -
Canada
1.39 -
Spain
1.35 -
Turkey
1.26 -
Finland
0.90 -
United Kingdom
0.40 -
South Africa
0.40 -
Other/Cash
-0.02
Distributions
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 | $ 2.8767 | -- | -- | $ 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 | $ 0.8333 | -- | -- | $ 0.0595 | $ 0.89 |
| 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 | $ 1.0430 | -- | -- | $ 0.0197 | $ 1.06 |
| 2014 | 12/22/2014 | 12/24/2014 | 12/29/2014 | $ 1.1590 | -- | -- | -- | $ 1.16 |
| 2013 | 12/23/2013 | 12/26/2013 | 12/30/2013 | $ 0.9840 | -- | -- | $ 0.0396 | $ 1.02 |
| 2012 | 12/24/2012 | 12/27/2012 | 12/31/2012 | $ 1.0750 | -- | -- | -- | $ 1.07 |
| 2011 | 12/23/2011 | 12/28/2011 | 12/30/2011 | $ 1.1420 | -- | -- | -- | $ 1.14 |
| 2010 | 12/23/2010 | 12/28/2010 | 12/30/2010 | $ 1.0250 | -- | -- | $ 0.1554 | $ 1.18 |
| 2009 | 12/23/2009 | 12/28/2009 | 12/30/2009 | $ 0.9820 | -- | -- | $ 0.0659 | $ 1.05 |
| 2008 | 12/26/2008 | 12/29/2008 | 12/31/2008 | $ 1.3050 | $ 0.0500 | -- | -- | $ 1.35 |
| 2007 | 12/24/2007 | 12/27/2007 | 12/31/2007 | $ 0.4850 | -- | -- | -- | $ 0.48 |
| 2006 | 12/21/2006 | 12/26/2006 | 12/29/2006 | $ 0.1450 | -- | -- | -- | $ 0.14 |
‡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.