Market Vectors Steel ETF (SLX)

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Fund Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the steel sector. Such companies may include small- and medium-capitalization companies and foreign issuers. As of December 31, 2013, the Steel Index included 27 securities of companies with a market capitalization range of between approximately $317 million and $79.7 billion and a weighted average market capitalization of $25.9 billion. It is non-diversified.

Fund Snapshot Updated 07.30.2014

Previous Close $49.59 Expense Ratio 0.55%
YTD Return 0.34% Avg. 30-Day Volume 42,106
1-Year Return 23.9% Market Cap Loading...
Bid $49.59 Shares Outstanding 2,000,000
Ask $49.63 Dividends $0.98
Top 10 Holdings
Vale S A (—) 12.64%
Rio Tinto Plc (RIO) 12.53%
Posco (—) 5.62%
Tenaris S A (TS) 5.28%
Arcelormittal Sa Luxembourg (MT) 5.17%
Steel Dynamics Inc (STLD) 5.08%
Companhia Siderurgica Nacional (—) 5.05%
Nucor Corp (NUE) 4.81%
Sesa Sterlite Ltd (SSLT) 4.75%
Ternium Sa (TX) 4.27%
% of Total Holdings 65.20%

Sector Breakdown

Geographic Breakdown

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