NYSEARCA:SLX

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

$69.73
-1.50 (-2.11%)
(As of 11:28 AM ET)
Today's Range
$69.47
$69.81
50-Day Range
$67.85
$73.56
52-Week Range
$55.19
$75.00
Volume
11,824 shs
Average Volume
18,097 shs
Market Capitalization
$108.08 million
Assets Under Management
$110.17 million
Dividend Yield
4.13%
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

How To Find The Best Sector ETFs 1Q24
Zacks Investment Ideas feature highlights: SLX and Nucor
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
SLX: Why I Am Not A Buyer
SLX ETF Stock Price History
SLX - VanEck Steel ETF
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
SLX: A Bullish Trend Since Early May
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
$109.69 million
Average Daily Volume
$12,480.00
Discount/Premium
-0.07%

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
9
Put Options
6
Call Options
3
Short Interest
7,200 shs

Miscellaneous

Beta
1.27
Creation Unit
50,000
Creation Fee
$1,000.00
Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

VanEck Steel ETF Expenses

TypeSLXMaterials ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.50%0.52%0.54%0.50%0.51%
Other Expenses0.45%0.37%0.54%0.64%0.58%
Total Expense0.95%0.64%0.70%0.74%0.70%
Fee Waiver-0.39%-0.52%-0.55%-0.68%-0.57%
Net Expense0.56%0.55%0.60%0.57%0.58%

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 2024?

VanEck Steel ETF's stock was trading at $73.76 at the beginning of the year. Since then, SLX shares have decreased by 5.5% and is now trading at $69.73.
View the best growth stocks for 2024 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 $110.17 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).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:SLX) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners