VanEck Steel ETF (SLX)

NYSEARCA: SLX · Real-Time Price · USD
70.20
-0.56 (-0.80%)
Dec 4, 2024, 4:00 PM EST - Market closed
-0.80%
Assets $90.78M
Expense Ratio 0.56%
PE Ratio 6.19
Shares Out 1.28M
Dividend (ttm) $2.07
Dividend Yield 2.94%
Ex-Dividend Date Dec 18, 2023
Payout Ratio 18.23%
1-Year Return -1.45%
Volume 4,914
Open 71.02
Previous Close 70.76
Day's Range 69.82 - 71.02
52-Week Low 60.80
52-Week High 75.00
Beta 1.36
Holdings 28
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

60.72% of assets
Name Symbol Weight
Rio Tinto Group RIO 9.65%
Vale S.A. VALE 7.16%
Tenaris S.A. TS 6.06%
Nucor Corporation NUE 5.99%
Steel Dynamics, Inc. STLD 5.73%
Carpenter Technology Corporation CRS 5.54%
Warrior Met Coal, Inc. HCC 5.39%
Reliance, Inc. RS 5.18%
Commercial Metals Company CMC 5.06%
ArcelorMittal S.A. MT 4.96%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Dec 18, 2023 $2.067 Dec 22, 2023
Dec 19, 2022 $2.877 Dec 23, 2022
Dec 20, 2021 $3.761 Dec 27, 2021
Dec 21, 2020 $0.833 Dec 28, 2020
Dec 30, 2019 $0.072 Jan 6, 2020
Dec 23, 2019 $0.972 Dec 30, 2019
Full Dividend History

News

Wheels Up founder Kenny Dichter on his new venture, Real SLX

Kenny Dichter, Real SLX founder and chairman, joins 'Squawk Box' to discuss what Dichter is trying to do with Real SLX, what the club is, and much more.

Other symbols: UP
2 months ago - CNBC Television

SLX: Thou Shalt Not Steel - For The Moment, At Least

SLX has been moving sideways over the past year, albeit with significant price swings in either direction. With supply still reasonably strong and demand softness persisting, steel futures appear to b...

4 months ago - Seeking Alpha

VanEck CEO on the reflation trade and how investors can navigate this uncertain environment

Jan Van Eck, VanEck Associates CEO, joins CNBC's Bob Pisani on 'ETF Edge' to discuss the reflation trade, how investors can position during this uncertain time, and assess VanEck's latest ETF products...

Other symbols: CRAKGDXGDXJGLDOIHSMH
8 months ago - CNBC Television

SLX: A China-Sensitive Play That's Been Rocketing Lately

VanEck Steel ETF is performing well and offers exposure to the global steel industry. China's influence on the steel market makes investing in steel mining stocks potentially lucrative. SLX has a conc...

11 months ago - Seeking Alpha

3 Charts For Investors to Watch Tuesday: Enphase Energy, VF Corp., SLX ETF

Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to monitor.

Other symbols: ENPHVFC
1 year ago - Investopedia

VanEck Announces Year-End Distributions for VanEck Equity ETFs

NEW YORK--(BUSINESS WIRE)--VanEck announced today the 2023 annual distributions per share for its VanEck® equity exchange-traded funds.

1 year ago - Business Wire

SLX: Why I Am Not A Buyer

The VanEck Steel ETF is the closest thing to a pure-play steel ETF currently available. SLX carries a relatively high management fee for a passive fund. SLX holds a concentrated group of just 26 stock...

1 year ago - Seeking Alpha

SLX: A Bullish Trend Since Early May

Steel is a critical building block for construction projects and various products, making it an important indicator of the global economy. U.S. and Chinese steel prices have declined, with Chinese pri...

1 year ago - Seeking Alpha

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
1 year ago - Forbes

SLX: Steel Stocks Surge Since Early June, Eyeing Further Upside

Cyclical stocks, including those in the energy, financials, industrials, and materials sectors, are gaining strength, with the VanEck Steel ETF ranking first out of 37 in its sub class by Seeking Alph...

1 year ago - Seeking Alpha

Under The Radar Strength In Commodity And Emerging Market Stocks (Technical Analysis)

Emerging markets and commodities are showing strength amid a weak USD, which has a historical negative correlation with these sectors. Risk-on currencies like the Australian Dollar and Canadian Dollar...

1 year ago - Seeking Alpha

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.

1 year 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
1 year ago - Forbes

SLX: Global Growth Enough To Support Steel Stocks

The March U.S. ISM Manufacturing number did no favors for the 'no recession' camp. Still, economically-sensitive stocks are holding their own, and I see many global steel equities in the SLX ETF as at...

1 year ago - Seeking Alpha

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
1 year 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.

1 year ago - PRNewsWire

SLX: Steel Tailwinds Galore

Drawing upon my previous analysis of China, India, US infrastructure, and the Russia- Ukraine war, I now form a bullish view of the SLX steel ETF. Supply tailwinds for the global steel industry includ...

2 years ago - Seeking Alpha

Steel ETF Surged as Market Tumbled

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

2 years 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.

2 years ago - Business Wire

SLX: Good Value In High Yield Steel Stocks Ready To Rally

SLX invests across a portfolio of steel producers and iron-ore miners. The fund has outperformed the broader market this year, despite more recent volatility and commodity pricing pressures.

2 years ago - Seeking Alpha

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.

2 years ago - PRNewsWire

Steel, Commodity Price Trends Support SLX

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

2 years ago - ETFcom

ETFs With Global Exposure Offer the Lowest Valuations

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

2 years ago - ETFcom

Steel Yourself For Inflation With VanEck Steel ETF

Commodity-related stocks have done a good job of hedging inflation.

2 years ago - Seeking Alpha

Q4 2021 Sector Ratings For ETFs And Mutual Funds

Our sector ratings are based on the normalized aggregation of our stock ratings for every stock in each sector.

3 years ago - Seeking Alpha