VanEck Steel ETF (SLX)

NYSEARCA: SLX · IEX Real-Time Price · USD
69.25
-1.09 (-1.55%)
Dec 5, 2023, 4:00 PM EST - Market closed
-1.55%
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 Page

The 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.

Asset Class Equity
Category Natural Resources
Stock Exchange NYSEARCA
Ticker Symbol SLX
ETF Provider VanEck
Index Tracked NYSE Arca Steel

Top 10 Holdings

69.36% of assets
Name 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%
View More Holdings

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
Full Dividend History

News

Natural Resources and Commodities: Invest Resourcefully

The rationale for investing in natural resource equities and commodities has stayed consistent: to enhance portfolio diversification, access global growth and hedge against inflation. The sharp econom...

3 months ago - ETF Trends

How To Find The Best Sector ETFs 3Q23

With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task.

Other symbols: FUTYITBPKB
4 months ago - Forbes

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.

6 months ago - PRNewsWire

How To Find The Best Sector ETFs 2Q23

With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task. My report shows the top-rated ETF for each sector.

Other symbols: FENYFXUKBWB
7 months ago - Forbes

Steel Stocks Could Be Sturdy Ideas

Steel equities aren't considered a glamorous asset class. If anything, the group is a reminder of America's once-dominant perch on the global industrial stage.

9 months ago - ETF Trends

Commodities, Shipping Among Top Performers Last Week

The COVID-19 virus may still be with us, but the economic impacts of the pandemic that raged around the world have continued to recede – most recently in terms of shipping costs.

9 months ago - ETF Trends

How To Find The Best Sector ETFs 1Q23

With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task. My report shows the top-rated ETF for each sector.

Other symbols: ITBKBWBMORT
10 months ago - Forbes

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.

10 months ago - PRNewsWire

Steel ETF Surged as Market Tumbled

VanEck's SLX quietly outpaced most equity fund peers last year. Can it happen again?

11 months ago - ETFcom

VanEck Announces Yearend Distributions for VanEck Equity ETFs

NEW YORK--(BUSINESS WIRE)--VanEck announced today the following 2022 annual distributions per share for its VanEck® equity exchange-traded funds.

1 year ago - Business Wire

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.

1 year ago - PRNewsWire

Steel, Commodity Price Trends Support SLX

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

1 year ago - ETFcom

ETFs With Global Exposure Offer the Lowest Valuations

There aren't many bargains for investors in the U.S. stock market.

1 year ago - ETFcom

Steel ETFs Have Been Outperforming

Steel sector-related exchange traded funds are strengthening as the Russia-Ukraine war contributes to a shortage in pig iron used by U.S. steel companies. Over the past three months, the VanEck Vector...

1 year ago - ETF Trends

Steel ETFs Strengthen on Positive Outlook for Nucor, Cleveland-Cliffs

Steel sector-related exchange traded funds strengthened on Wednesday as analysts maintained an optimistic outlook on steelmakers like Nucor Corporation (NYSE: NUE) and Cleveland-Cliffs Inc. (NYSE: CLF...

Other symbols: CLFNUEXME
2 years ago - ETF Trends

ETFs For 3Q Earnings Season

The pandemic is making subsector selection critical for third-quarter earnings plays.

Other symbols: CARZFXZINDSIVEIVWIYM
2 years ago - ETFcom

Steel ETF Sell-Off May Be Overdone

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 lo...

2 years ago - ETF Trends

Finding Synergy With SPY

Looking for the perfect partner for the world's largest ETF.

2 years ago - ETFcom

Rare Opportunity Afoot with Steel Stocks, ‘SLX'

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 ...

2 years ago - ETF Trends

Are Chinese Steel Prices a Prelude to Commodities Inflation?

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.

2 years ago - ETF Trends

As Chinese Steel Futures Rise, Consider the ‘SLX' ETF

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.

2 years ago - ETF Trends

Iron Ore Hits a 10-Year High and This Steel ETF Keeps Rising

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...

2 years ago - ETF Trends

3 VanEck ETFs That Are Beating The Market

The S&P 500 Index is made up of various sectors and industries. And even though the 56% return of the index over the past year is considerable, some of these sectors and industries have beat this by a...

Other symbols: BJKOIH
2 years ago - Benzinga

As China's Steel Hits Record Prices, Turn to ‘SLX'

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 ...

2 years ago - ETF Trends

Steel ETFs Rally on Nucor's Plans to Expand Capacity

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 ...

Other symbols: XME
2 years ago - ETF Trends