VanEck Steel ETF (SLX)
Assets | $131.17M |
Expense Ratio | 0.56% |
PE Ratio | 6.10 |
Shares Out | n/a |
Dividend (ttm) | $2.88 |
Dividend Yield | 4.15% |
Ex-Dividend Date | Dec 19, 2022 |
Payout Ratio | 25.34% |
1-Year Return | +11.71% |
Volume | 19,965 |
Open | 70.13 |
Previous Close | 70.34 |
Day's Range | 69.02 - 70.13 |
52-Week Low | 55.19 |
52-Week High | 71.50 |
Beta | n/a |
Holdings | 27 |
Inception Date | Oct 10, 2006 |
About SLX
Fund Home PageThe VanEck Steel ETF (SLX) is an exchange-traded fund that is based on the NYSE Arca Steel index, a market-cap-weighted index of global steel firms. SLX was launched on Oct 10, 2006 and is issued by VanEck.
Top 10 Holdings
69.36% of assetsName | Symbol | Weight |
---|---|---|
Rio Tinto Group | RIO | 13.39% |
Vale S.A. | VALE | 12.58% |
Nucor Corporation | NUE | 7.64% |
POSCO Holdings Inc. | PKX | 5.70% |
Cleveland-Cliffs Inc. | CLF | 5.57% |
Steel Dynamics, Inc. | STLD | 5.18% |
United States Steel Corporation | X | 5.03% |
Tenaris S.A. | TS | 5.03% |
ArcelorMittal S.A. | MT | 4.76% |
Reliance Steel & Aluminum Co. | RS | 4.49% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 19, 2022 | $2.8767 | Dec 23, 2022 |
Dec 20, 2021 | $3.7609 | Dec 27, 2021 |
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 |
News

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Mycronic receives order for an SLX mask writer
STOCKHOLM , June 1, 2023 /PRNewswire/ -- Mycronic AB (publ) has received an order for an SLX mask writer from an existing customer in Asia. The order value is in the range of USD 4-6 million.

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Mycronic receives order for two SLX mask writers
STOCKHOLM , Feb. 8, 2023 /PRNewswire/ -- Mycronic AB (publ) has received an order for two SLX mask writers from a new customer in Asia. The order value is in the range of USD 9-11 million.

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Mycronic receives order for three SLX mask writers
STOCKHOLM , Sept. 9, 2022 /PRNewswire/ -- Mycronic AB (publ) has received an order for three SLX mask writers from an existing customer in Asia.

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The VanEck Steel ETF offers investors exposure to the steel sector and an above-market dividend.

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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 ...

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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.

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