VanEck Steel ETFVanEck Steel ETFVanEck Steel ETF

VanEck Steel ETF

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Key stats


Assets under management (AUM)
‪88.54 M‬USD
Fund flows (1Y)
‪−39.74 M‬USD
Dividend yield (indicated)
2.96%
Discount/Premium to NAV
0.9%

About VanEck Steel ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Expense ratio
0.56%
Home page
Inception date
Oct 10, 2006
Index tracked
NYSE Arca Steel (TR)
Management style
Passive
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.

Classification


Asset Class
Equity
Category
Sector
Focus
Materials
Niche
Steel producers
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 20, 2024
Exposure type
StocksBonds, Cash & Other
Non-Energy Minerals
Stocks99.99%
Non-Energy Minerals88.88%
Energy Minerals6.61%
Producer Manufacturing4.50%
Bonds, Cash & Other0.01%
Cash0.01%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows