VanEck Steel ETF (SLX)
| Assets | $167.00M |
| Expense Ratio | 0.55% |
| PE Ratio | 16.26 |
| Shares Out | 1.57M |
| Dividend (ttm) | $1.32 |
| Dividend Yield | 1.24% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | 20.25% |
| Volume | 14,007 |
| Open | 107.33 |
| Previous Close | 108.37 |
| Day's Range | 105.52 - 107.33 |
| 52-Week Low | 71.45 |
| 52-Week High | 114.00 |
| Beta | 1.25 |
| Holdings | 42 |
| Inception Date | Oct 10, 2006 |
About SLX
Fund Home PageThe VanEck Steel ETF (SLX) is an exchange-traded fund that is based on the MarketVector Global Steel index. The fund tracks a market cap-weighted index of companies from around the world that earn significant revenues from the steel industry. SLX was launched on Oct 10, 2006 and is issued by VanEck.
Top 10 Holdings
57.97% of assets| Name | Symbol | Weight |
|---|---|---|
| BHP Group Limited | BHP | 7.30% |
| Rio Tinto Group | RIO | 6.96% |
| Nucor Corporation | NUE | 6.72% |
| Vale S.A. | VALE | 6.58% |
| Nippon Steel Corporation | 5401 | 5.84% |
| ArcelorMittal S.A. | MT | 5.70% |
| Steel Dynamics, Inc. | STLD | 5.29% |
| Rio Tinto Group | RIO | 4.60% |
| POSCO Holdings Inc. | PKX | 4.51% |
| Reliance, Inc. | RS | 4.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $1.3158 | Dec 26, 2025 |
| Dec 23, 2024 | $2.0784 | Dec 24, 2024 |
| 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 |
Performance
SLX had a total return of 48.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.78%.
News
Steel Stocks Jump as U.S.-Canada Tariff Fight Escalates
Steel Dynamics, Nucor, and Cleveland-Cliffs shares rise as escalating U.S.-Canada trade tensions put steel tariffs back in focus.
MEXC Lists Solstice Finance (SLX) with 200,000 SLX and 40,000 USDT Airdrop+ Rewards
VICTORIA, Seychelles, May 26, 2026 (GLOBE NEWSWIRE) -- MEXC , a pioneer in 0-fee digital asset trading, has announced the listing of Solstice Finance (SLX) in its Innovation Zone. Spot trading for the...
Bitget lists Solstice Finance (SLX) for Spot Trading
VICTORIA, Seychelles, May 26, 2026 (GLOBE NEWSWIRE) -- Bitget , the world's largest Universal Exchange (UEX), has announced the addition of Solstice Finance (SLX) for spot trading in the Solana ecosys...
The Trump administration is preparing to reshape its steel and aluminum tariff regime
Altered rates on finished products made with the metals would simplify compliance, but could effectively raise costs for many imports.
Steel Stocks Slide. Blame Trump's TACO Tuesday.
Bloomberg reported Tuesday that a quota deal with Mexico would let some steel imports enter the U.S. tariff-free.
Trump's New Steel Tariffs Look Vulnerable to a Courtroom Challenge
Increase is piggybacking on seven-year-old findings. Are they too stale?
Trump's 50% tariffs on steel and aluminum are imminent. Here's what to know
U.S. President Donald Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% on Wednesday, a move that would hammer businesses from automakers to home bu...
Trump Doubles Steel and Aluminum Tariffs
The president ratcheted up the rate on foreign metals to 50 percent, saying the former levies weren't high enough to help the U.S. industry.
Tariffs "Reinforce" U.S. Steelmakers at Risk of Higher Prices, Aluminum a Different Story
Donald Marleau says President Trump's increased tariffs on steel and aluminum will give more power to U.S. steelmakers but notes they will likely pass prices onto consumers. He points to historical st...
Trump Signs Order Doubling Steel, Aluminum Tariffs, Citing National Security
He initially announced the move last Friday while visiting a U.S. Steel factory in Pennsylvania.
Pres. Trump signs order raising tariffs on steel & aluminum imports to 50%
CNBC's Eamon Javers joins 'Closing Bell Overtime' with a tariff update from the White House lawn.
Trump signs order imposing 50% tariffs for steel, aluminum. Why economists are dismayed.
The White House said Tuesday that President Donald Trump has signed an executive order to double tariffs on imported steel and aluminum to 50% from 25%.
Higher steel tariffs allow U.S. producers to raise prices and that's terrific, says Jim Cramer
'Mad Money' host Jim Cramer talks about President Trump's move to increase tariffs on steel imports to 50%.
What Trump's 50% Tariffs Mean for the Steel Industry
President Donald Trump said he will double tariffs on aluminum and steel, sending futures for the metals surging higher. Steel Manufacturers Association Government Affairs Vice President Brandon Farri...
Steel stocks leap after Trump vows to double tariffs to 50%, make Pittsburgh ‘the Steel City again'
During a Pennsylvania rally on Friday, the president told steelworkers he would hike the tax on steel imports so Pittsburgh would be “respected around the world as the Steel City again.”
Trump increases steel tariffs from 25% to 50%
The U.S. imported more than $31 billion worth of steel in 2024. Transcript: While stocks are slumping overall, steel stocks got a big bump to begin the first trading day of June.
Trump says he will raise tariffs on steel to 50%, effective June 4
CNBC's Eamon Javers reports on news regarding steel tariffs.
Steel Stocks Soar on Doubled Tariff, BA Upgrade, Mixed Fintech Outlook
Several steel and aluminum companies like Cleveland-Cliffs Inc. (CLF) and Nucor (NUE) saw double-digit rallies after President Trump announced he will increase steel tariffs to 50%. Diane King Hall go...
President Trump says he will increase tariffs on steel to 50% from 25%
CNBC's Eamon Javers joins 'Squawk Box' to discuss the latest news.
Steel stocks surge after Trump doubles steel tariffs, Cleveland Cliffs jumps 25%
Trump announced at a Pennsylvania rally on Friday that he plans to double tariffs on steel imports to 50% from 25%.
Steel Stocks Soar After Trump's Bombshell Tariff Announcement.
President Trump said tariffs on imported steel would go to 50% from 25%. That has investors excited early Monday.
What Trump's Steel and Aluminum Tariffs Mean for the Metals Market
Bloomberg News Metals & Mining Reporter Joe Deaux joins Bloomberg Businessweek to discuss President Trump's plans to impose 25% tariffs on steel and aluminum imports. -------- More on Bloomberg Televi...
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.
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.
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.