Market Tracker

10/24 11:27am ET

Market Vectors® Steel ETF (SLX)

42.88
Data as of 11:07am ET
 +0.44 / +1.04%
Today’s Change
40.66
Today|||52-Week Range
50.48
-13.76%
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.

Performance

1 month-9.76% 3 years-2.04%
3 months-14.50% 5 years-3.75%
1 year-9.99% Since inception+2.50%
Data through 10/24/2014

Quote Details

Previous close$42.44
Open day’s range42.61 – 42.99
Net asset value (NAV)42.44 (10/23/2014)
Daily volume3,877
Average volume (3 months)43,467
Data as of 11:07am ET, 10/24/2014

Peer Comparisonvs. Natural resources ETFs

 SLXCategory
Performance 5-yr return-3.75%+7.24%
Expense Gross exp ratio0.62%0.52%
Risk 5 year sharpe ratio0.090.45
Net assets$102.7M$583.1M
Average market cap$13.7B$19.3B
Average P/E20.318.1
Dividend / Share--0.27%

Competitors

RTM Guggenheim S&P 500® Equal Weight Materi...
PYZ PowerShares DWA Basic Materials Momentum...
XLB Materials Select Sector SPDR® Fund

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 ADR13.88%
VALE Vale SA ADR13.59%
TS Tenaris SA ADR6.54%
PKX POSCO ADR6.44%
MT ArcelorMittal SA ADR5.51%
NUE Nucor Corp5.03%
SSLT Sesa Sterlite Ltd ADR4.60%
RS Reliance Steel and Aluminum4.56%
TX Ternium SA ADR4.55%
STLD Steel Dynamics Inc4.50%