VanEck Steel ETF (SLX)

NYSE Arca: SLXExchange-traded fund from VanEck.

  • Expense ratio0.53%
  • Net assets$150.6M
  • Dividend yield1.23%
  • 1-year return+32.94%
  • Holdings39

SLX ETF price chart

SLX quote & trading statistics

  • YTD+17.61%
  • 1 year+32.94%
  • 3 years+21.49%/yr
  • 5 years+17.41%/yr
  • 10 years+16.11%/yr
1Y volatility
25.82%
3Y volatility
23.92%
3Y Sharpe ratio
0.68

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

SLX top 10 holdings

All holdings →
VanEck Steel ETF largest holdings by weight
#SymbolNameWeight
1NUENucor Corp7.11%
2BHPBHP Group Limited6.87%
3RIORio Tinto ADR6.61%
4VALEVale SA ADR6.45%
5STLDSteel Dynamics Inc5.45%
6MTArcelorMittal SA ADR5.43%
7RSReliance Steel & Aluminum Co5.42%
85401Nippon Steel Corp4.78%
9RIORio Tinto Ltd4.18%
10TSTenaris SA ADR4.02%

The top 10 holdings make up 56.3% of the fund (39 holdings in total). As of October 25, 2026.

SLX sector weights

Basic Materials
89.5%
Industrials
4.2%
Energy
4.0%

SLX region weights

North America
34.9%
Australasia
19.2%
Japan
10.1%
Latin America
10.0%
Asia Developed
9.5%
Europe Developed
7.4%
United Kingdom
7.1%
Europe Emerging
1.0%
Africa/Middle East
0.3%

SLX asset allocation

Non-U.S. stocks
66.5%
U.S. stocks
33.5%

SLX market-cap breakdown

Mid cap
46.2%
Mega cap
24.1%
Large cap
21.1%
Small cap
7.7%
Micro cap
0.5%

About VanEck Steel ETF

The fund normally invests at least 80% of its total assets in securities that comprise the fund"s benchmark index. The steel index is a modified market-capitalization weighted, float-adjusted index comprised of publicly traded companies primarily involved in mining and processing of iron ore, the production, processing, fabrication and recycling of steel products, the operation of steel production facilities and related services, and/or recycling of steel products. The fund is non-diversified.

SLX ETF FAQ

What is the SLX expense ratio?

VanEck Steel ETF has a net expense ratio of 0.53%, or $53.00 a year for every $10,000 invested.

How much money is in SLX?

VanEck Steel ETF has about $150.6M in net assets.

What are the top holdings of SLX?

The largest positions in SLX are Nucor Corp (7.11%), BHP Group Limited (6.87%), Rio Tinto ADR (6.61%). The fund holds 39 securities in total.

How has SLX performed?

SLX returned +32.94% over the past year and +17.41% a year over the past five years, including reinvested distributions.

Does SLX pay dividends?

SLX has a dividend yield of 1.23% and pays distributions annual.

When was SLX launched?

VanEck Steel ETF began trading on October 10, 2006.