QUOTE AND NEWS
Benzinga  Apr 9  Comment 
The VanEck Vectors Steel ETF (NYSE: SLX) was one of the premier “Trump trades,” soaring last year as Donald Trump's protectionist campaign trail rhetoric sparked once moribund steel stocks. Year-to-date, SLX is up 5.6 percent, but there are...
TechCrunch  Aug 23  Comment 
 Karmic Bikes today began accepting pre-orders for their newest model, the Karmic Kyoto, a “pedelec” (or pedal electric bike) designed for women. The upright street bike features a 500Wh battery, Shimano’s SLX 11-speed components, a...
Benzinga  Jun 16  Comment 
Thanks to some positive guidance and bullish analyst commentary, the Market Vectors Steel (ETF) (NYSE: SLX) climbed nearly 3 percent Wednesday, extending its year-to-date gain to 35.7 percent. Steel On The Move SLX, the lone exchange-traded...
Benzinga  Dec 3  Comment 
Few non-leveraged sector and industry exchange-traded funds can rival the weakness exhibited by the Market Vectors Steel (ETF) (NYSE: SLX) this year. The steel ETF is down nearly 38 percent. In the essence of fairness, it should also be noted...
Forbes  Oct 21  Comment 
The Steel ETF (SLX) is seeing unusually high volume in afternoon trading Wednesday, with over 204,000 shares traded versus three month average volume of about 25,000. Shares of SLX were up about 0.2% on the day.
Market Intelligence Center  Oct 14  Comment 
For a hedged play on Market Vectors Steel Index Fund (SLX) MarketIntelligenceCenter.com's option-trade picking algorithms recommend the Mar. '16 $25.00 covered call for a net debit in the $23.68 area. That is also the break-even price for the...
Market Intelligence Center  Aug 28  Comment 
After Thursday's trading in Market Vectors Steel Index Fund (SLX) the option-trade picking algorithms that power MarketIntelligenceCenter.com's Artificial Intelligence Center uncovered a trade that offers a 6.52% return, or 21.24% annualized (for...
Market Intelligence Center  Jun 25  Comment 
After Wednesday's trading in Market Vectors Steel Index Fund (SLX) the algorithms behind MarketIntelligenceCenter.com's Artifical Intelligence Center picked out a trade that offers a 3.33% or 14.28% (for comparison purposes only), while providing...
Market Intelligence Center  Jun 9  Comment 
MarketIntelligenceCenter.com's patented trade-picking algorithms have identified an attractive covered-call trade on Market Vectors Steel Index Fund (SLX). Look at the Sep. '15 $32.00 covered call for a net debit in the $30.86 area. This trade...
Forbes  May 11  Comment 
The Steel ETF (SLX) is seeing unusually high volume in afternoon trading Monday, with over 126,000 shares traded versus three month average volume of about 29,000. Shares of SLX were up about 0.9% on the day.




 
TOP CONTRIBUTORS

Market Vectors Steel ETF (SLX)

Overview

The Steel ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The Index provides exposure to publicly traded companies primarily involved in a variety of activities that are related to steel production, including the operation of manufacturing mills, fabrication of steel products, or the extraction and reduction of iron ore. As such, the Fund is subject to the risks of investing in this sector. [1]

Fund Information

  • Fund Manager - Van Eck Funds
  • Inception Date - 10/10/2006
  • Exchange – NYSE Arca
  • Index Ticker – SLX
  • Intra-day NAV Ticker – SLX.IV
  • Expense Ratio – 0.55%

Top Holdings

Holdings % of Portfolio
Rio Tinto PLC RTP 13.48%
Vale S.A. (ADR) VALE 13.28%
ArcelorMittal MT 9.56%
POSCO PKX 6.65%
Gerdau SA GGB 5.66%
Cia Siderurgica Nacional SA SID 5.45%
Cliffs Natural Resources Inc. CLF US 5.27%
Mechel MTL 4.95%
Ternium SA TX 4.89%
Gerdau Ameristeel Corp GNA 4.37%

Holdings as of 13/11/2009

ETF Name ETF Name Fund Manager
Global Steel Portfolio ETF (PSTL)Global Steel Portfolio ETF (PSTL)Invesco PowerShares
Market Vectors Steel ETF (SLX)Market Vectors Steel ETF (SLX)Van Eck Funds


References

  1. - Overview of Market Vectors Steel ETF (SLX)
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