VanEck Vectors Steel ETF (SLX)
|Ex-Dividend Date||Dec 21, 2020|
|Day's Range||55.70 - 56.71|
|Inception Date||Oct 10, 2006|
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 and emerging market issuers. It may concentrate its investments in a particular industry or group of industries to the extent that the Steel Index concentrates in an industry or group of industries. The fund is non-diversified.
Top 10 Holdings72.63% of assets
|Reliance Steel & Aluminum||RS||4.72%|
|Dec 21, 2020||$0.8333||Dec 28, 2020|
|Dec 30, 2019||$0.0723||Jan 6, 2020|
|Dec 23, 2019||$0.9715||Dec 30, 2019|
|Dec 20, 2018||$2.182||Dec 27, 2018|
|Dec 27, 2017||$0.027||Jan 3, 2018|
|Dec 18, 2017||$1.091||Dec 22, 2017|
On news that China is curbing steel output for the remainder of the year, iron ore prices tumbled last week, taking the VanEck Vectors Steel ETF (SLX) along for the ride. Over the past week, SLX is lowe...
Supported by resurgent cyclical stocks, the VanEck Vectors Steel ETF (SLX) is higher by more than 38% year-to-date. That's impressive work in less than six month's time, but it could prove to be more fl...
Strong demand for steel is driving prices higher in China, which bodes well for the VanEck Vectors Steel ETF (SLX). Higher steel prices is also a harbinger for inflation.
The ISM Manufacturing PMI for the month of April missed expectations. Still, some areas and their related ETFs should stay strong.
Biden's first 100 days have delivered the strongest post-election equity returns in at least 75 years.
China's demand for steel continues to rise, with steel futures hitting 10-year highs. The VanEck Vectors Steel ETF (SLX) is up 32% year-to-date.
Iron ore keep on climbing, feeding into more strength for the VanEck Vectors Steel ETF (SLX), which is up 30% on the year. Furthermore, it's a trend that should persist throughout the rest of the year, ...
Asbury Research's John Kosar discusses how to give the stock market a “lie detector test.” We also look at Loews, VanEck Vectors Steel ETF and Nasdaq stock.
Precious metals might be pulling back to start the first quarter of 2021, but industrial metals are thriving. One ETF heading from strength to strength is the VanEck Vectors Steel ETF (SLX), which is up...
Steel and miners-related exchange traded funds led the charge on Friday after Nucor Corporation (NYSE: NUE) hit a 52-week high and announced intentions to expand its operations. On Friday, the VanEck Ve...
The NYSE Arca Steel Index is up 18% in 2021 and almost 190% the past year. The upward swing is strengthening the VanEck Vectors Steel ETF (SLX).
Steel prices continue to soar, causing some market pundits to forecast a nine-year high for the commodity, which could make the VanEck Vectors Steel ETF (SLX) a real value-oriented steal. “The past twel...
The Institute for Supply Management's (ISM) index of national factory activity rose to a reading of 60.8 in February (which had been the highest since February 2018) from 58.7 in January.