SLX

VanEck Steel ETF

$100.04

+0.08 (+0.08%)

AUM $150.62M

Expense Ratio 0.55%

NAV $99.75

Holdings 42

Asset Class Equity

Inception 10/10/2006

Provider VanEck

Top Holdings

1 NUE Nucor Corp 7.24% 2 BHP Bhp Group Ltd 6.75% 3 RIO Rio Tinto Plc 6.51% 4 VALE Vale Sa 6.16% 5 STLD Steel Dynamics Inc 5.55% 6 RS Reliance Steel & Aluminum Co 5.30% 7 MT Arcelormittal Sa 5.22% 8 5401.T Nippon Steel Corp 4.81% 9 RIO.AX Rio Tinto Ltd 4.47% 10 PKX Posco Holdings Inc 4.20%

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.