VanEck Steel ETF (SLX)
| Assets | $107.47M |
| Expense Ratio | 0.56% |
| PE Ratio | 6.13 |
| Shares Out | 1.55M |
| Dividend (ttm) | $2.07 |
| Dividend Yield | 2.97% |
| Ex-Dividend Date | Dec 18, 2023 |
| Payout Ratio | 18.19% |
| 1-Year Return | +17.27% |
| Volume | 61,404 |
| Open | 69.34 |
| Previous Close | 69.21 |
| Day's Range | 69.21 - 69.94 |
| 52-Week Low | 55.19 |
| 52-Week High | 75.00 |
| Beta | 1.19 |
| Holdings | 28 |
| 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
59.87% of assets| Name | Symbol | Weight |
|---|---|---|
| Rio Tinto Group | RIO | 10.98% |
| Vale S.A. | VALE | 8.00% |
| Nucor Corporation | NUE | 6.19% |
| Warrior Met Coal, Inc. | HCC | 5.74% |
| Carpenter Technology Corporation | CRS | 5.49% |
| Tenaris S.A. | TS | 4.77% |
| Ternium S.A. | TX | 4.76% |
| Steel Dynamics, Inc. | STLD | 4.75% |
| ArcelorMittal S.A. | MT | 4.70% |
| Reliance Steel & Aluminum Co. | RS | 4.49% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2023 | $2.0667 | Dec 22, 2023 |
| 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 | $0.9696 | Dec 30, 2019 |
News
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...
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.
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.
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.
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.
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.
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.
Steel ETF Surged as Market Tumbled
VanEck's SLX quietly outpaced most equity fund peers last year. Can it happen again?
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.
Steel, Commodity Price Trends Support SLX
The VanEck Steel ETF offers investors exposure to the steel sector and an above-market dividend.
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...
Steel ETF surges to 52-week high. There is 'room to the upside,' but don't chase, trader says
Steel stocks are surging on economic recovery hopes, but the group is too hot to chase here, says Blue Line Capital's Bill Baruch.
How China Impacts the Global Steel Industry
The Chinese economy is having a significant impact on the performance and profitability of steel and mining stocks.
Final Trades: BABA, SLX, & PENN
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Steel ETF Gets Bent Out of Shape by Coronavirus
The ETF industry has something for everyone -- the VanEck Vectors Steel ETF (ticker: SLX) tracks the overall performance of companies involved in the global steel sector.