SLX

VanEck Vectors Steel ETF
B

46
*Unless otherwise stated, data provided by FactSet.

SLX Fund Description

SLX tracks a market-cap-weighted index of global steel firms.

SLX Factset Analytics Insight

Thanks to the closure of its lone competitor, SLX is now the lone Global Steel ETF available. However, while it may be the only choice, it's not a great representation of the global steel market. SLX targets not only steel producers, but the companies that service and supply them, giving it exposure to industries outside the scope of our benchmark. On the other hand, the relatively low-holdings count of SLX means many important steel producers and over half of the countries in our benchmark are absent from the portfolio. While SLX doesn't offer comprehensive market exposure in our view, it is Efficient and Tradable, making it our Analyst Pick.

SLX MSCI ESG Analytics Insight

VanEck Vectors Steel ETF has an MSCI ESG Fund Rating of B based on a score of 2.48 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. VanEck Vectors Steel ETF ranks in the 4th percentile within its peer group and in the 7th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

SLX MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

SLX Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 09/17/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SLX 11.39% -1.99% 2.99% -13.22% 12.10% -2.62% -1.36%
SLX (NAV) 11.48% -2.09% 2.87% -13.34% 12.06% -2.64% -1.37%
NYSE Arca Steel (TR) 11.50% -1.99% 3.04% -13.14% 12.45% -2.62% -1.37%
Thomson Reuters Global Steel -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SLX Summary Data

VanEck
10/10/06
Open-Ended Fund
0.56%
$53.81M
$914.33K
0.13%

SLX Portfolio Data

$19.61B
6.40
1.05
6.08%
12/23/19
27

SLX Index Data

NYSE Arca Steel (TR)
Market Cap
Market Cap
Thomson Reuters Global Steel

SLX Portfolio Management

0.56%
-0.26%
-0.17%
-0.60%

SLX Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

SLX Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Medium
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

SLX Factset Analytics Block Liquidity

As of 09/19/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SLX. SLX is rated a 4 out of 5.

SLX Tradability

26,818
$914.33K
14,813
$468.06K
0.13%
$0.04
-0.05%
0.16% / -0.20%
None
100.00%
50,000
0.30
0.06%
0.49%
369
$35.41
4

SLX Sector/Industry Breakdown


SLX
Segment Benchmark
73.20%
100.00%
10.28%
--
9.49%
--
5.09%
--
1.94%
--

SLX Top 10 Holdings[View All]

4.61%
63.37%

SLX Countries


SLX
Segment Benchmark
43.80%
16.38%
19.16%
18.47%
10.28%
2.35%
7.30%
--
5.46%
6.25%
5.09%
--
4.75%
4.69%
4.17%
7.56%
--
1.16%
--
0.11%

SLX Regions


SLX
Segment Benchmark
43.80%
17.54%
27.41%
17.47%
19.16%
20.21%
9.62%
43.87%
--
0.90%

SLX Economic Development


SLX
Segment Benchmark
75.38%
66.99%
24.62%
33.01%

SLX Performance Statistics

0.71
1.19
1.19
1.13
0.90%
Thomson Reuters Global Steel

SLX MSCI ESG Ratings

B
2.48 / 10
7.46
4.28
10.84%
2.82%
--

SLX Benchmark Comparison Holdings

27
143
17
36.07%

SLX Benchmark Comparison Summary


SLX
Segment Benchmark
27
143
$19.61B
$17.47B
6.40
8.14
1.05
0.84
3.63%
4.18%
High
High

SLX Benchmark Comparison Market Cap Size


SLX
Segment Benchmark
39.91%
43.71%
31.71%
30.57%
27.35%
21.53%
1.02%
4.18%