Key stats
About VanEck Steel ETF
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Inception date
Oct 10, 2006
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Non-Energy Minerals
Stocks99.92%
Non-Energy Minerals89.42%
Producer Manufacturing5.31%
Energy Minerals5.19%
Bonds, Cash & Other0.08%
Cash0.08%
Stock breakdown by region
North America55.10%
Europe23.93%
Latin America16.40%
Asia4.57%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history