SLX

VanEck Steel ETF

$104.10

+0.61 (+0.59%)

AUM $165.26M

Expense Ratio 0.55%

NAV $103.29

Holdings 42

Asset Class Equity

Inception 10/10/2006

Provider VanEck

Top Holdings

1 BHP Bhp Group Ltd 7.44% 2 VALE Vale Sa 7.06% 3 RIO Rio Tinto Plc 6.78% 4 NUE Nucor Corp 6.54% 5 STLD Steel Dynamics Inc 5.62% 6 MT Arcelormittal Sa 5.33% 7 5401.T Nippon Steel Corp 5.12% 8 RS Reliance Steel & Aluminum Co 4.73% 9 RIO.AX Rio Tinto Ltd 4.53% 10 FMG.AX Fortescue Metals Group Ltd 4.32%

Fund Description

The VanEck Steel ETF (SLX) is designed to replicate, as precisely as possible and prior to any operational costs, both the capital appreciation and income generation of the MarketVector Global Steel Index (MVSLXTR). This benchmark index is specifically constructed to capture the overall financial performance of companies engaged in the worldwide steel industry.