Market Tracker

01/29 6:05pm ET

Market Vectors® Steel ETF (SLX)

31.48
Data as of Jan 29
 -0.27 / -0.85%
Today’s Change
31.13
Today|||52-Week Range
50.48
-11.25%
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-10.18% 3 years-15.10%
3 months-24.01% 5 years-8.49%
1 year-27.58% Since inception-0.71%
Data through 01/29/2015

Quote Details

Previous close$31.75
Open day’s range31.13 – 32.08
Net asset value (NAV)31.75 (01/28/2015)
Daily volume21,681
Average volume (3 months)24,077
Data as of 3:59pm ET, 01/29/2015

Peer Comparisonvs. Natural resources ETFs

 SLXCategory
Performance 5-yr return-8.49%+4.14%
Expense Gross exp ratio0.62%0.52%
Risk 5 year sharpe ratio-0.170.32
Net assets$69.1M$441.4M
Average market cap$12.1B$14.7B
Average P/E16.614.8
Dividend / Share--0.28%

Competitors

RTM Guggenheim S&P 500® Equal Weight Materi...
VAW Vanguard Materials Index Fund ETF Shares
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 ADR15.77%
VALE Vale SA ADR12.30%
PKX POSCO ADR6.64%
NUE Nucor Corp5.60%
MT ArcelorMittal SA ADR5.53%
TS Tenaris SA ADR5.38%
RS Reliance Steel and Aluminum5.00%
ATI Allegheny Technologies Inc4.87%
STLD Steel Dynamics Inc4.86%
SSLT Sesa Sterlite Ltd ADR4.25%