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VanEck Steel ETF (SLX)

98.96 -2.34 (-2.31%)
As of 1:59:16 PM EDT. Market Open.
Trade SLX on Coinbase

ETF Summary

The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The steel index is a modified market-capitalization weighted, float-adjusted index comprised of publicly traded companies primarily involved in mining and processing of iron ore, the production, processing, fabrication and recycling of steel products, the operation of steel production facilities and related services, and/or recycling of steel products. The fund is non-diversified.

ETF Overview

Category Natural Resources
Fund Family VanEck
Net Assets 160.85M
YTD Daily Total Return 19.53%
Yield 1.28%
Legal Type Exchange Traded Fund

ETF Operations

Attributes SLX Category Average
Annual Report Expense Ratio (net)
0.55% 0.87%
Holdings Turnover
107.00% 44.10%
Total Net Assets
25,836.83 25,836.83

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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