SLX
VanEck Steel ETFSLX Fund Description
SLX tracks a market-cap-weighted index of global steel firms.
SLX Factset Analytics Insight
SLX is one available global steel ETF targeting not only steel producers but also the companies that service and supply them, giving it exposure to industries outside the scope of its benchmark. The fund will normally invest at least 80% of its total assets in companies involved in this particular sector, which may include small- and midcap companies as well as foreign and emerging market issuers. Reviewed quarterly, the index is market-cap-weighted while taking into account the following adjustments: (i) individual component weights may not account for more than 20% of the total index value and (ii) the aggregate weight of such components individually representing more than 5% of the total index value may not account for more than 50% of the same.
SLX MSCI ESG Analytics Insight
VanEck Steel ETF has an MSCI ESG Fund Rating of BB based on a score of 3.16 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 Steel ETF ranks in the 6th percentile within its peer group and in the 9th 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 Summary Data
SLX Portfolio Data
SLX Index Data
SLX Portfolio Management
SLX Tax Exposures
SLX Fund Structure
SLX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SLX. SLX is rated a 5 out of 5.
SLX Tradability
SLX Sector/Industry Breakdown
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SLX Top 10 Holdings[View All]
SLX Countries
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SLX Regions
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SLX Economic Development
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SLX Performance Statistics
SLX MSCI ESG Ratings
SLX Benchmark Comparison Summary
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SLX Benchmark Comparison Market Cap Size
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.