SLX icon

VanEck Steel ETF

58.28 USD
-0.72
1.22%
At close Dec 27, 4:00 PM EST
1 day
-1.22%
5 days
-2.92%
1 month
-17.89%
3 months
-17.74%
6 months
-11.36%
Year to date
-20.23%
1 year
-22.15%
5 years
54.30%
10 years
64.17%
0
Funds holding %
of 6,812 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

90% more call options, than puts

Call options by funds: $120K | Put options by funds: $63K

13.04% less ownership

Funds ownership: 39.98% [Q2] → 26.94% (-13.04%) [Q3]

20% less funds holding

Funds holding: 45 [Q2] → 36 (-9) [Q3]

29% less capital invested

Capital invested by funds: $46.6M [Q2] → $33.1M (-$13.5M) [Q3]

60% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 15

79% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 14

Research analyst outlook

We haven’t received any recent analyst ratings for SLX.

Financial journalist opinion

Neutral
Business Wire
1 week ago
VanEck Announces Year-End Distributions for VanEck Equity ETFs
NEW YORK--(BUSINESS WIRE)--VanEck has announced the 2024 annual distributions per share for its VanEck equity exchange-traded funds (ETFs).
VanEck Announces Year-End Distributions for VanEck Equity ETFs
Negative
Zacks Investment Research
3 months ago
Sector ETFs to Lose/Win from Lower Oil Prices
Oil prices have been under pressure lately.
Sector ETFs to Lose/Win from Lower Oil Prices
Positive
CNBC Television
3 months ago
Wheels Up founder Kenny Dichter on his new venture, Real SLX
Kenny Dichter, Real SLX founder and chairman, joins 'Squawk Box' to discuss what Dichter is trying to do with Real SLX, what the club is, and much more.
Positive
Seeking Alpha
5 months ago
SLX: Thou Shalt Not Steel - For The Moment, At Least
SLX has been moving sideways over the past year, albeit with significant price swings in either direction. With supply still reasonably strong and demand softness persisting, steel futures appear to be testing new lows this year. Moreover, the political climate may not be conducive to interest rate cuts in the near future, which could further hamper steel demand.
SLX: Thou Shalt Not Steel - For The Moment, At Least
Positive
CNBC Television
8 months ago
VanEck CEO on the reflation trade and how investors can navigate this uncertain environment
Jan Van Eck, VanEck Associates CEO, joins CNBC's Bob Pisani on 'ETF Edge' to discuss the reflation trade, how investors can position during this uncertain time, and assess VanEck's latest ETF products.
Positive
Zacks Investment Research
10 months ago
Steel Producer Breaks Out Amid Powerful Uptrend
This leading steel stock is hitting all-time highs on above-average volume.
Positive
Seeking Alpha
11 months ago
SLX: A China-Sensitive Play That's Been Rocketing Lately
VanEck Steel ETF is performing well and offers exposure to the global steel industry. China's influence on the steel market makes investing in steel mining stocks potentially lucrative. SLX has a concentrated portfolio of 25 companies and offers access to global steel industry growth, but comes with risks.
Neutral
Investopedia
1 year ago
3 Charts For Investors to Watch Tuesday: Enphase Energy, VF Corp., SLX ETF
Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to monitor.
Neutral
Business Wire
1 year ago
VanEck Announces Year-End Distributions for VanEck Equity ETFs
NEW YORK--(BUSINESS WIRE)--VanEck announced today the 2023 annual distributions per share for its VanEck® equity exchange-traded funds.
VanEck Announces Year-End Distributions for VanEck Equity ETFs
Neutral
Zacks Investment Research
1 year ago
Oil Falls Below $80: ETF Areas to Win/Lose
The U.S. crude oil market is currently experiencing a complex interplay of increasing supply, decreasing demand, and speculative influences.
Charts implemented using Lightweight Charts™