Market Tracker

04/16 2:57pm ET

Market Vectors Steel Index ETF (SLX)

46.54
Data as of 2:17pm ET
 -0.09 / -0.19%
Today’s Change
36.45
Today|||52-Week Range
49.97
-6.40%
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 American depositary receipts ("ADRs") of companies involved in the steel industry. Such companies may include medium-capitalization companies and foreign issuers. The fund may also utilize convertible securities and participation notes to seek performance that corresponds to the Steel Index. It is non-diversified.

No recent news for Market Vectors Steel Index ETF.

Performance

1 month+7.27% 3 years-11.63%
3 months-2.35% 5 years+8.73%
1 year+18.21% Since inception+3.97%
Data through 04/16/2014

Quote Details

Previous close$46.63
Open day’s range46.54 – 46.94
Net asset value (NAV)46.63 (04/15/2014)
Daily volume9,658
Average volume (3 months)72,089
Data as of 2:17pm ET, 04/16/2014

Peer Comparisonvs. Natural resources ETFs

 SLXCategory
Performance 5-yr return+8.73%+17.55%
Expense Gross exp ratio0.60%0.53%
Risk 5 year sharpe ratio0.530.80
Net assets$100.0M$607.5M
Average market cap$14.7B$20.4B
Average P/E16.217.8
Dividend / Share--0.27%

Competitors

VAW Vanguard Materials ETF
RTM Guggenheim S&P 500® Equal Weight Materi...
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 ADR13.75%
VALE Vale SA ADR13.59%
MT ArcelorMittal SA ADR6.46%
TS Tenaris SA ADR6.25%
PKX POSCO ADR5.86%
SSLT Sesa Sterlite Ltd ADR4.83%
NUE Nucor Corp.4.83%
TX Ternium SA ADR4.55%
SID Companhia Siderurgica Nacional ADR4.47%
RS Reliance Steel and Aluminum4.38%