-
NAV$110.89
as of September 09, 2026 -
YTD RETURNS30.78%
as of September 09, 2026 -
Total Net Assets$174.10M
as of September 09, 2026 -
Gross Expense Ratio0.64%
-
Net Expense Ratio0.55%
-
Inception Date10/10/2006
About SLX
VanEck Steel ETF (SLX®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index (STEEL), which is intended to track the overall performance of companies involved in the steel sector.
Overview
Fund Highlights
- One-Trade Access to the Steel Industry
An industry supporting global industrialization
- Pure Play with Global Scope
Includes companies involved in a variety of activities related to steel production
- Convenient Customization
Customize overall commodity exposure with targeted allocation to steel companies
Performance
Performance History:
Average Annual Total Returns* (%)| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 10/10/06 |
|
|---|---|---|---|---|---|---|---|---|
| SLX (NAV) | 2.72 | -2.45 | 27.69 | 54.58 | 20.16 | 16.02 | 17.67 | 8.11 |
| SLX (Market Price) | 2.40 | -2.57 | 27.28 | 54.24 | 20.09 | 15.98 | 17.63 | 8.10 |
| MVSLXTR (Index) | 2.68 | -2.29 | 27.87 | 55.32 | 21.00 | 16.83 | 18.40 | 8.57 |
| Performance Differential (NAV - Index) | 0.04 | -0.16 | -0.18 | -0.74 | -0.84 | -0.81 | -0.73 | -0.46 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR |
LIFE 10/10/06 |
|
|---|---|---|---|---|---|---|---|---|
| SLX (NAV) | -10.97 | 7.58 | 16.54 | 51.41 | 18.59 | 14.11 | 17.46 | 7.68 |
| SLX (Market Price) | -11.23 | 7.19 | 15.97 | 51.01 | 18.45 | 14.02 | 17.42 | 7.66 |
| MVSLXTR (Index) | -11.08 | 8.30 | 16.37 | 51.98 | 19.35 | 14.87 | 18.15 | 8.13 |
| Performance Differential (NAV - Index) | 0.11 | -0.72 | 0.17 | -0.57 | -0.76 | -0.76 | -0.69 | -0.45 |
Fees
Holdings
Daily Holdings (%) as of 09 Sep 2026
Download XLS|
Ticker
|
Holding Name |
% of Net Assets |
Identifier (FIGI)
|
Shares
|
Asset Class |
Market Value (US$) |
Notional Value |
|---|---|---|---|---|---|---|---|
|
BHP |
Bhp Group Ltd | 7.63 |
BBG000BD5NZ4 |
144,014 |
Stock | 13,285,292 | -- |
|
RIO |
Rio Tinto Plc | 7.19 |
BBG000FD28T3 |
120,594 |
Stock | 12,510,422 | -- |
|
VALE |
Vale Sa | 6.86 |
BBG000BN5LG7 |
773,440 |
Stock | 11,941,914 | -- |
|
NUE |
Nucor Corp | 6.34 |
BBG000BQ8KV2 |
42,801 |
Stock | 11,038,806 | -- |
|
MT |
Arcelormittal Sa | 5.72 |
BBG000BJH5W0 |
129,260 |
Stock | 9,959,483 | -- |
|
5401 JP |
Nippon Steel Corp | 5.54 |
BBG000BG9X54 |
2,196,400 |
Stock | 9,642,457 | -- |
|
STLD |
Steel Dynamics Inc | 5.10 |
BBG000HGYNZ9 |
36,888 |
Stock | 8,878,573 | -- |
|
RIO AU |
Rio Tinto Ltd | 4.78 |
BBG000BYLWT7 |
65,187 |
Stock | 8,325,920 | -- |
|
PKX |
Posco Holdings Inc | 4.54 |
BBG000BCBSD2 |
126,397 |
Stock | 7,896,021 | -- |
|
RS |
Reliance Steel & Aluminum Co | 4.27 |
BBG000CJ2181 |
18,822 |
Stock | 7,434,502 | -- |
|
FMG AU |
Fortescue Metals Group Ltd | 3.89 |
BBG000J47TP2 |
537,782 |
Stock | 6,771,386 | -- |
|
TS |
Tenaris Sa | 3.63 |
BBG000PLD4R3 |
109,731 |
Stock | 6,319,408 | -- |
|
2002 TT |
China Steel Corp | 2.84 |
BBG000BDBXZ5 |
8,103,000 |
Stock | 4,944,163 | -- |
|
SSABB SS |
Ssab Ab | 2.43 |
BBG000BGD8Q1 |
389,986 |
Stock | 4,226,867 | -- |
|
5411 JP |
Jfe Holdings Inc | 2.43 |
BBG000BQWB27 |
355,900 |
Stock | 4,225,111 | -- |
|
BSL AU |
Bluescope Steel Ltd | 2.33 |
BBG000KPMQF3 |
182,171 |
Stock | 4,055,142 | -- |
|
VOE AV |
Voestalpine Ag | 2.14 |
BBG000FJH743 |
70,816 |
Stock | 3,719,636 | -- |
|
GGB |
Gerdau Sa | 2.10 |
BBG000K91FQ4 |
730,120 |
Stock | 3,657,901 | -- |
|
CLF |
Cleveland-Cliffs Inc | 1.90 |
BBG000BFRF55 |
273,705 |
Stock | 3,309,093 | -- |
|
CMC |
Commercial Metals Co | 1.86 |
BBG000BFSND8 |
46,826 |
Stock | 3,230,057 | -- |
|
MIN AU |
Mineral Resources Ltd | 1.82 |
BBG000M2YPN2 |
70,805 |
Stock | 3,169,326 | -- |
|
ACX SM |
Acerinox Sa | 1.43 |
BBG000BB7ZC4 |
119,634 |
Stock | 2,490,370 | -- |
|
2027 TT |
Ta Chen Stainless Pipe | 1.38 |
BBG000HK7WR9 |
1,564,000 |
Stock | 2,406,791 | -- |
|
TX |
Ternium Sa | 1.16 |
BBG000LTPD97 |
34,631 |
Stock | 2,012,407 | -- |
|
RUS CN |
Russel Metals Inc | 1.04 |
BBG000DPZC04 |
33,014 |
Stock | 1,812,773 | -- |
|
EREGL TI |
Eregli Demir Ve Celik Fabrikalari Tas | 1.04 |
BBG000BVCBJ0 |
2,239,111 |
Stock | 1,801,831 | -- |
|
OUT1V FH |
Outokumpu Oyj | 0.91 |
BBG000BQ5Z60 |
242,095 |
Stock | 1,583,829 | -- |
|
5444 JP |
Yamato Kogyo Co Ltd | 0.91 |
BBG000BD7BW1 |
20,000 |
Stock | 1,577,969 | -- |
|
APAM NA |
Aperam Sa | 0.88 |
BBG001D93XQ9 |
28,086 |
Stock | 1,527,340 | -- |
|
SGM AU |
Sims Ltd | 0.82 |
BBG000BSRGJ0 |
80,350 |
Stock | 1,418,880 | -- |
|
5463 JP |
Maruichi Steel Tube Ltd | 0.80 |
BBG000BL7191 |
123,800 |
Stock | 1,394,608 | -- |
|
004020 KS |
Hyundai Steel Co | 0.79 |
BBG000BCVFZ4 |
54,981 |
Stock | 1,373,230 | -- |
|
8078 JP |
Hanwa Co Ltd | 0.61 |
BBG000BBLFX9 |
84,700 |
Stock | 1,062,205 | -- |
|
2015 TT |
Feng Hsin Steel Co Ltd | 0.42 |
BBG000BJR8N3 |
351,000 |
Stock | 723,115 | -- |
|
LIF CN |
Labrador Iron Ore Royalty Corp | 0.41 |
BBG000HRCTX8 |
38,082 |
Stock | 718,549 | -- |
|
WS |
Worthington Steel Inc | 0.36 |
BBG01JPM5032 |
18,198 |
Stock | 628,013 | -- |
|
SID |
Cia Siderurgica Nacional Sa | 0.31 |
BBG000JM98S3 |
407,228 |
Stock | 541,613 | -- |
|
KIO SJ |
Kumba Iron Ore Ltd | 0.31 |
BBG000PPVK43 |
35,030 |
Stock | 534,201 | -- |
|
VSVS LN |
Vesuvius Plc | 0.30 |
BBG000BDBMW2 |
104,788 |
Stock | 525,839 | -- |
|
-USD CASH- |
-- | 0.01 |
-- |
20,597 |
Cash Bal | 20,597 | -- |
|
-KRW CASH- |
-- | 0.00 |
-- |
147 |
Cash Bal | 0 | -- |
|
-EUR CASH- |
-- | 0.00 |
-- |
66 |
Cash Bal | 77 | -- |
|
-- |
Other/Cash | 0.80 |
-- |
0 |
Cash | 1,399,308 | -- |
Portfolio
Sector Weightings (%) as at 31 Aug 2026
-
Sector
% of Net Assets -
Materials
94.02 -
Energy
3.61 -
Industrials
1.94 -
Other/Cash
0.43
Country Weightings (%) as at 31 Aug 2026
-
Country
% of Net Assets -
Australia
28.34 -
United States
20.50 -
Japan
10.14 -
Brazil
9.10 -
Luxembourg
6.58 -
South Korea
5.28 -
Netherlands
4.72 -
Taiwan Region
4.68 -
Sweden
2.48 -
Austria
2.21 -
Spain
1.46 -
Canada
1.46 -
Turkey
1.06 -
Finland
0.93 -
United Kingdom
0.32 -
South Africa
0.31 -
Other/Cash
0.43
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.