S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
Pentagon forges new high-tech agreement with Australia, United Kingdom, aimed at countering China
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
Pentagon forges new high-tech agreement with Australia, United Kingdom, aimed at countering China
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
Pentagon forges new high-tech agreement with Australia, United Kingdom, aimed at countering China
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
MarketBeat Week in Review – 11/27 - 12/1
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Mega merger in the works? Humana, Cigna explore big deal
Teen girls are being victimized by deepfake nudes. One family is pushing for more protections
All the trading advice you’ve ever received boils down to this (Ad)
US joins in other nations in swearing off coal power to clean the climate
US targets oil and natural gas industry's role in global warming with new rule on methane emissions
All the trading advice you’ve ever received boils down to this (Ad)
At COP28 meeting, oil companies pledge to combat methane. Environmentalists call it a "smokescreen"
Pentagon forges new high-tech agreement with Australia, United Kingdom, aimed at countering China

VanEck Steel ETF (SLX) Price, Holdings, & News

$71.23
+1.29 (+1.84%)
(As of 12/1/2023 ET)
Compare
Today's Range
$69.93
$71.50
50-Day Range
$59.82
$71.23
52-Week Range
$55.19
$71.50
Volume
41,776 shs
Average Volume
25,600 shs
Market Capitalization
$130.35 million
Assets Under Management
$133.50 million
Dividend Yield
4.04%
Net Expense Ratio
0.56%

About VanEck Steel ETF

Market Vectors Steel ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the NYSE Arca Steel Index (STEEL or the Index) by investing in a portfolio of securities that generally replicates STEEL. STEEL, calculated by the NYSE Alternext, is a modified market capitalization-weighted index consisting of publicly traded companies predominantly involved in the production of steel products or mining and processing of iron ore. The Index includes companies primarily involved in a variety of activities related to steel production, including the operation of manufacturing mills and fabrication of steel products. Companies eligible for inclusion in Index should be engaged in solar power and related products and services, deriving at least 66% of revenues from it with market cap exceeding $100 million, and should have three-month trading volume equal to or greater than $1 million per day. Its investment advisor is Van Eck Associates Corporation.

SLX Stock Price History

SLX ETF News Headlines

SLX: Why I Am Not A Buyer
All the trading advice you’ve ever received boils down to this
All the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.
SLX ETF Stock Price History
SLX - VanEck Steel ETF
SLX: A Bullish Trend Since Early May
How To Find The Best Sector ETFs 3Q23
New CBOE “special perk” helps traders target income every weekend
You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
Three Reasons the Steel ETF Looks Solid
See More Headlines
Receive SLX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for VanEck Steel ETF and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
Van Eck
Fund Name
VanEck Steel ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:SLX
Inception Date
10/10/2006
Fund Manager
Hao-Hung Peter Liao, Guo Hua Jason Jin

Fund Focus

Asset Class
Equity
Benchmark
NYSE Arca Steel Index
Category
Sector
Focus
Materials
Development Level
Blended Development
Region
Global
Number of Holdings
27

Fund Statistics

Assets Under Management
$133.50 million
Average Daily Volume
$13,150.30
Discount/Premium
0.03%

Administrator, Advisor and Custodian

Administrator
Van Eck Associates Corporation
Advisor
Van Eck Associates Corporation
Custodian
State Street Bank and Trust Company
Distributor
Van Eck Securities Corporation
Transfer Agent
State Street Bank and Trust Company
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
42
Put Options
40
Call Options
2
Short Interest
36,800 shs

Miscellaneous

Beta
1.35
Creation Unit
50,000
Creation Fee
$1,000.00
(Almost) Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report

VanEck Steel ETF Expenses

TypeSLXMaterials ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.50%0.53%0.53%0.50%0.51%
Other Expenses0.45%0.36%0.53%0.64%0.57%
Total Expense0.95%0.67%0.69%0.73%0.69%
Fee Waiver-0.39%-0.58%-0.54%-0.69%-0.58%
Net Expense0.56%0.57%0.59%0.57%0.57%

VanEck Steel ETF (SLX) Holdings & Exposure

Key Executives

  • Keith J. Carlson (Age 58)
    President, Chief Executive Officer
  • Bruce J. Smith (Age 59)
    Chief Financial Officer, Senior Vice President
  • Jan F. van Eck (Age 51)
    Executive Vice President, Trustee
  • Derek S. van Eck (Age 45)
    Executive Vice President
  • Joseph J. McBrien (Age 64)
    Senior Vice President, Secretary, Chief Legal Officer
  • Thomas K. Lynch (Age 58)
    Chief Compliance Officer
  • Alfred J. Ratcliffe (Age 65)
    Vice President, Treasurer
  • Jonathan R. Simon (Age 37)
    Vice President, Assistant Secretary
  • Charles T. Cameron (Age 54)
    Vice President
  • Susan C. Lashley (Age 57)
    Vice President














SLX ETF - Frequently Asked Questions

How have SLX shares performed in 2023?

VanEck Steel ETF's stock was trading at $57.84 at the beginning of the year. Since then, SLX shares have increased by 23.2% and is now trading at $71.23.
View the best growth stocks for 2023 here
.

What does SLX invest in?

VanEck Steel ETF is a equity fund issued by Van Eck. SLX focuses on materials investments and follows the NYSE Arca Steel Index. The fund's investments total to approximately $133.50 million assets under management.

What stocks does VanEck Steel ETF hold?
What is the management fee for VanEck Steel ETF?

VanEck Steel ETF's management fee is 0.50% and has other expenses of 0.45%. However, SLX has a fee waiver of -0.39% to reimburse the expenses. The net expense ratio for SLX is 0.56%.

What other stocks do shareholders of VanEck Steel ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other VanEck Steel ETF investors own include Freeport-McMoRan (FCX), Walt Disney (DIS), Intel (INTC), NVIDIA (NVDA), AbbVie (ABBV), Advanced Micro Devices (AMD), Amgen (AMGN), Camping World (CWH), VanEck Gold Miners ETF (GDX) and Gilead Sciences (GILD).

Who are VanEck Steel ETF's major shareholders?

VanEck Steel ETF's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include UBS Group AG (10.00%), Riggs Asset Managment Co. Inc. (4.86%), Van ECK Associates Corp (2.35%), LPL Financial LLC (1.55%), Barometer Capital Management Inc. (0.68%) and Cambridge Investment Research Advisors Inc. (0.58%).

How do I buy shares of VanEck Steel ETF?

Shares of SLX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSEARCA:SLX) was last updated on 12/2/2023 by MarketBeat.com Staff

My Account -