Market Tracker

07/24 8:04am ET

Market Vectors® Steel ETF (SLX)

49.64
Data as of Jul 23
 -0.12 / -0.24%
Today’s Change
40.56
Today|||52-Week Range
49.97
-0.16%
Year-to-Date

Investment Objective

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the steel sector. Such companies may include small- and medium-capitalization companies and foreign issuers. As of December 31, 2013, the Steel Index included 27 securities of companies with a market capitalization range of between approximately $317 million and $79.7 billion and a weighted average market capitalization of $25.9 billion. It is non-diversified.

No recent news for Market Vectors® Steel ETF.

Performance

1 month+5.80% 3 years-8.39%
3 months+6.85% 5 years+4.22%
1 year+24.81% Since inception+4.71%
Data through 07/23/2014

Quote Details

Previous close$49.76
Open day’s range-- – --
Net asset value (NAV)49.76 (07/22/2014)
Daily volume32,714
Average volume (3 months)33,523
Data as of 07/23/2014

Peer Comparisonvs. Natural resources ETFs

 SLXCategory
Performance 5-yr return+4.22%+12.91%
Expense Gross exp ratio0.62%0.53%
Risk 5 year sharpe ratio0.290.69
Net assets$95.4M$609.4M
Average market cap$12.8B$22.4B
Average P/E19.818.8
Dividend / Share--0.27%

Competitors

RTM Guggenheim S&P 500® Equal Weight Materi...
VAW Vanguard Materials ETF
PYZ PowerShares DWA Basic Materials Momentum...

Holdings

Top 5 Sectors
Portfolio weighting
Industrial materials 99.35%
Consumer service 0.65%
Business service 0.00%
Consumer goods 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
RIO Rio Tinto PLC ADR12.11%
VALE Vale SA ADR12.08%
TS Tenaris SA ADR5.76%
PKX POSCO ADR5.37%
MT ArcelorMittal SA ADR5.15%
SSLT Sesa Sterlite Ltd ADR4.94%
NUE Nucor Corp4.80%
ATI Allegheny Technologies Inc4.71%
SID Companhia Siderurgica Nacional ADR4.52%
TX Ternium SA ADR4.46%