VanEck Vectors Steel ETF (SLX)

NYSEARCA: SLX · IEX Real-Time Price · USD
54.56
+0.44 (0.81%)
Aug 9, 2022 9:31 AM EDT - Market open
0.81%
Assets $92.00M
NAV $54.12
Expense Ratio 0.56%
PE Ratio 3.88
Shares Out 1.70M
Dividend (ttm) $3.76
Dividend Yield 6.89%
Ex-Dividend Date Dec 20, 2021
1-Year Return -14.55%
Volume 482
Open 54.57
Previous Close 54.12
Day's Range 54.55 - 54.56
52-Week Low 46.17
52-Week High 70.43
Beta 1.35
Holdings 26
Inception Date Oct 10, 2006

About SLX

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.

Asset Class Equity
Sector Materials
Region Global
Issuer Van Eck Associates
Stock Exchange NYSEARCA
Ticker Symbol SLX
Index Tracked NYSE Arca Steel Index

Top 10 Holdings

67.40% of assets
Name Symbol Weight
Rio Tinto RIO 11.78%
Vale S.A. VALE 11.25%
Nucor NUE 9.08%
ArcelorMittal MT 5.36%
United States Steel X 5.34%
Commercial Metals Company CMC 5.08%
Steel Dynamics STLD 5.03%
Reliance Steel & Aluminum Co. RS 5.02%
Cleveland-Cliffs CLF 4.85%
Tenaris TS 4.62%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
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
Dec 27, 2017 $0.027 Jan 3, 2018
Full Dividend History

News

Follow the Trend Until the End When It Bends

Only the strongest stocks that are in the most powerful uptrends print fresh yearly highs.

Other symbols: TS

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 Vectors ...

5 Sector ETFs That Crushed the Market in Q1

While most corners of the market are in the red from a year-to-date look, a few have been the quarter's star performers and could also be winners next quarter if the current trends continue.

Other symbols: BOATOIHURNMXME

Oil Slumps More Than 20% From Recent High: ETFs to Win/Lose

After hitting massive highs early this month, oil recently slumped on a number of factors. These sector ETFs may gain/lose on the oil's recent move.

Other symbols: CRAKICLJETS

These Materials ETFs Rally on Russia-Ukraine Crisis

Oil is rallying hard on the Russia-Ukraine crisis. However, it's not only oil that has been getting a boost from the crisis.

Other symbols: BNOPICKREMXSGDMXME

5 Sector ETFs Benefiting From Russia-Ukraine Tensions

These five sector ETFs have been gaining traction on the Russia-Ukraine tensions.

Other symbols: BNOITATANXME

5 Sector ETFs That Gained Double-Digits in Wild February

The month of February has been fraught with huge volatility.

Other symbols: BOATFCGGOAUXME

Sector ETFs to Benefit/Lose as Oil May Hit $120 Soon

Oil prices have staged a rally lately and may hit $120 soon if Russia-Ukraine tensions escalate.

Other symbols: CRAKJETSKBEXRTXLE

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

VanEck Announces Yearend Distributions for VanEck Equity ETFs

NEW YORK--(BUSINESS WIRE)--VanEck announced today the following 2021 annual distributions per share for its VanEck® equity exchange-traded funds

S&P 500 Notches Best Day in Seven Weeks: 5 ETF Winners

Investors jumped to flock stocks at bargain prices after the worst two-day drop in more than a year.

Other symbols: CRUZITBJETSVCLO

Sector ETFs to Win or Lose on Oil Slump

The rally in energy prices has been wavering of late due to renewed COVID fears and the largest U.S. supply build in three weeks.

Other symbols: GDXIYTJETSKBEUSOXLEXRT

ETFs For 3Q Earnings Season

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

Other symbols: CARZFXZINDSIVEIVWIYM

Oil to Stage Prolonged Rally? ETFs to Buy

Oil analysts forecast a sustain rally as OPEC opposed calls to boost supply.

Other symbols: KBEXLE

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 lowe...

Sector ETFs to Benefit/Lose as Oil Crosses $70

Oil prices have staged a rally lately on news of larger-than-expected drawdown in U.S. crude stockpiles and vaccine rollout.

Finding Synergy With SPY

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

Oil to Hit $100 Soon? Sector ETFs to Win/Lose

Oil prices have staged a rally lately due to the failure of an OPEC+ deal.

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 fl...

Sector ETFs to Win/Lose as WTI Hovers Around 2018-Level

West Texas Intermediate touched the highest since 2018 at the end of last week thanks to an improving demand outlook.

Other symbols: CRAKGDXJETSKBEXOPXRT

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.

5 Sector ETFs That Gained Double-Digits Last Week

Here are five of the ETFs from different corners of the market that gained in double-digits last week.

Other symbols: COPXOIHSILJURNM

Key Winning ETF Areas Despite Subdued April Manufacturing Data

The ISM Manufacturing PMI for the month of April missed expectations. Still, some areas and their related ETFs should stay strong.

Other symbols: EATZXLEXMEXTN

5 Sector ETFs That Crushed the Market in April

April proved to be the solid month for the U.S. stock market with all the three major indices hovering near record highs.

Other symbols: AMZACOPXGERMVCLO

5 ETFs That Skyrocketed During Biden's 100 Days in Office

Biden's first 100 days have delivered the strongest post-election equity returns in at least 75 years.

Other symbols: BLOKPXEURAXHB