SLX
VanEck Steel ETF
SLX
VanEck Steel ETF
-
NAV$108.76
as of August 06, 2026 -
YTD RETURNS28.27%
as of August 06, 2026 -
Total Net Assets$174.01M
as of August 06, 2026 -
Gross Expense Ratio0.64%
-
Net Expense Ratio0.55%
-
Inception Date10/10/2006
Overview
Why SLX
- Global Steel Industry ExposureTargets companies supporting global infrastructure and next-generation technologies through the steel production cycle
- Dedicated Steel AllocationProvides unique, focused exposure to the steel segment
- Selective Pure-Play ApproachTargets global companies with primary business operations in steel
VanEck Steel ETF (SLX®) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MarketVector Global Steel Index (MVSLXTR), which is intended to track the overall performance of companies involved in the global steel segment.
Performance
Average Annual Total Returns* (%)
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 10/10/06 | |
|---|---|---|---|---|---|---|---|---|
| SLX (NAV) | 6.67 | 1.82 | 24.31 | 56.85 | 17.24 | 14.59 | 16.44 | 8.00 |
| SLX (Market Price) | 7.18 | 1.99 | 24.30 | 57.34 | 17.26 | 14.59 | 16.45 | 8.00 |
| MarketVector Global Steel Index | 7.01 | 2.46 | 24.53 | 57.87 | 18.10 | 15.42 | 17.16 | 8.47 |
| 1 MO | 3 MO | YTD | 1 YR | 3 YR | 5 YR | 10 YR | LIFE 10/10/06 | |
|---|---|---|---|---|---|---|---|---|
| SLX (NAV) | -10.97 | 7.58 | 16.54 | 51.41 | 18.59 | 14.11 | 17.46 | 7.68 |
| SLX (Market Price) | -11.23 | 7.19 | 15.97 | 51.01 | 18.45 | 14.02 | 17.42 | 7.66 |
| MarketVector Global Steel Index | -11.08 | 8.30 | 16.37 | 51.98 | 19.35 | 14.87 | 18.15 | 8.13 |
Holdings
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Daily Holdings (%) as of 08/06/2026
Download XLS|
Ticker
|
Holding Name |
% of Net Assets
|
Market Value (US$)
|
|---|---|---|---|
|
BHP |
Bhp Group Ltd |
7.42 |
12,903,105 |
|
RIO |
Rio Tinto Plc |
7.04 |
12,249,078 |
|
NUE |
Nucor Corp |
6.82 |
11,866,816 |
|
VALE |
Vale Sa |
6.67 |
11,604,762 |
|
STLD |
Steel Dynamics Inc |
5.65 |
9,831,648 |
|
5401 JP |
Nippon Steel Corp |
5.56 |
9,674,088 |
|
MT |
Arcelormittal Sa |
5.53 |
9,627,338 |
|
RIO AU |
Rio Tinto Ltd |
4.73 |
8,238,454 |
|
RS |
Reliance Steel & Aluminum Co |
4.61 |
8,021,824 |
|
PKX |
Posco Holdings Inc |
4.15 |
7,225,179 |
|
FMG AU |
Fortescue Metals Group Ltd |
4.08 |
7,104,478 |
|
TS |
Tenaris Sa |
3.43 |
5,972,737 |
|
2002 TT |
China Steel Corp |
2.78 |
4,838,285 |
|
BSL AU |
Bluescope Steel Ltd |
2.63 |
4,584,956 |
|
SSABB SS |
Ssab Ab |
2.51 |
4,359,056 |
|
5411 JP |
Jfe Holdings Inc |
2.44 |
4,253,324 |
|
VOE AV |
Voestalpine Ag |
2.25 |
3,917,938 |
|
GGB |
Gerdau Sa |
2.16 |
3,750,823 |
|
CMC |
Commercial Metals Co |
2.02 |
3,517,224 |
|
CLF |
Cleveland-Cliffs Inc |
1.96 |
3,412,023 |
|
MIN AU |
Mineral Resources Ltd |
1.80 |
3,135,313 |
|
ACX SM |
Acerinox Sa |
1.47 |
2,555,674 |
|
2027 TT |
Ta Chen Stainless Pipe |
1.30 |
2,260,686 |
|
EREGL TI |
Eregli Demir Ve Celik Fabrikalari Tas |
1.14 |
1,987,348 |
|
TX |
Ternium Sa |
1.05 |
1,831,665 |
|
5444 JP |
Yamato Kogyo Co Ltd |
1.00 |
1,734,040 |
|
RUS CN |
Russel Metals Inc |
0.97 |
1,686,020 |
|
SGM AU |
Sims Ltd |
0.89 |
1,539,972 |
|
APAM NA |
Aperam Sa |
0.88 |
1,527,407 |
|
OUT1V FH |
Outokumpu Oyj |
0.87 |
1,517,814 |
|
5463 JP |
Maruichi Steel Tube Ltd |
0.85 |
1,470,376 |
|
004020 KS |
Hyundai Steel Co |
0.63 |
1,099,684 |
|
8078 JP |
Hanwa Co Ltd |
0.55 |
956,717 |
|
LIF CN |
Labrador Iron Ore Royalty Corp |
0.43 |
751,618 |
|
2015 TT |
Feng Hsin Steel Co Ltd |
0.41 |
711,073 |
|
WS |
Worthington Steel Inc |
0.39 |
687,055 |
|
VSVS LN |
Vesuvius Plc |
0.32 |
563,799 |
|
KIO SJ |
Kumba Iron Ore Ltd |
0.32 |
555,072 |
|
SID |
Cia Siderurgica Nacional Sa |
0.23 |
391,759 |
|
-KRW CASH- |
-- |
0.00 |
0 |
|
-EUR CASH- |
-- |
0.00 |
76 |
|
-USD CASH- |
-- |
-0.01 |
-14,104 |
|
-- |
Other/Cash |
0.06 |
108,506 |
Portfolio
- Market Capitalization (%)
- Currency Exposure (%)
- Sector Weightings (%)
- Country Weightings (%)
Sector Weightings (%) as at 07/31/2026
-
Sector
% of Net Assets -
Materials
94.33 -
Energy
3.80 -
Industrials
1.82 -
Other/Cash
0.05
Country Weightings (%) as at 07/31/2026
-
Country
% of Net Assets -
Australia
27.57 -
United States
21.99 -
Japan
10.24 -
Brazil
9.47 -
Luxembourg
6.37 -
Netherlands
4.83 -
South Korea
4.66 -
Taiwan Region
4.52 -
Sweden
2.48 -
Austria
2.22 -
Spain
1.45 -
Canada
1.40 -
Turkey
1.21 -
Finland
0.88 -
South Africa
0.34 -
United Kingdom
0.32 -
Other/Cash
0.05
Fees
Distributions
as of 08/06/2026
Annual
2.30%
1.21%
1.21%
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.
Team
Resources
Regulatory Information
-
Name
Frequency - Annually
- Annually
-
Statement of Additional Information (SAI)
Annually - Annually
- Annually
-
Annual Financial Statements & Other Information
Annually -
Semi-Annual Financial Statements & Other Information
Annually
Fund Documents
-
Name
Frequency - Daily
-
VanEck Tax Information & Distributions
Annually -
NAV & Premium/Discount History
Daily - Annually