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›ETF Issuers›VanEck›SLX
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SLX
US92189F2056
Passive ETFEquity

SLX ETF · VanEck Steel ETF

The SLX Exchange Traded Fund (ETF) is provided by VanEck. It is built to track an index: MarketVector Global Steel Index. The SLX ETF provides physical exposure, so by buying it you actually own parts of all the 39 underlying holdings. This share class generates a stream of income by distributing dividends.
Last update 5/22/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofUncategorized Equities1M perf.+2.09%
Last price
$106.67
1M perf.
+4.11%
1M flows
+€24M
AuM
€167M
TER
0.64%
Rating
Not rated
ESG Consensus®
esg grade icon
SLX
$106.67

Performance & flows

February 23, 2026 → May 22, 2026
0-10-50510%MARAPRMAYMARAPRMAY
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SLX
$106.98
+7.31%

Historic performance and flows

1M3M1Y3Y5YMTDQTDYTD
Perf.
+4.11%
+7.31%
+75.97%
+95.72%
+110.43%
+3.35%
+16.48%
+26.18%
Flows

Key fund info

This ETF's jurisdiction country is not in your region (Europe and Middle East) Â· 
Main characteristics
Issuer
CUSIP
92189F205
ISIN
US92189F2056
AuM
€167M
TER
0.64%
Replication rating
Not rated
ESG Consensus®
esg grade icon
More details
NAV
5/22/2026
$106.98
1D NAV change
+0.84%
Dividend policy
Replication method
Direct (Physical)
Replication model
Full replication
No. of holdings
39
Inception date
10/10/2006
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Product type
Asset class
Factors
N/A
Investment strategy
VanEck Vectors® Steel ETF (SLX®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index (STEEL), which is intended to track the overall performance of companies involved in the steel sector.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile

Historical risk/return profile

3M1Y3Y5Y
Returns
+7.31%
+75.97%
+95.72%
+110.43%
Volatility
Perf./Volatility
Max drawdown
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise

Exposure

Countries
USA
58.22%
Australia
17.32%
Japan
9.57%
Taiwan
4.75%
Austria
2.02%
Sweden
1.91%
Canada
1.27%
Spain
1.07%
Other
3.87%
Sectors
Materials
58.63%
Industrials
1.72%
Unavailable
39.65%
Diversification
Total weight of top 15 holdings out of 39
Top 15 holdings
Data as of March 31, 2026
US7672041008
US0886061086
US91912E1055
RIO TINTO ORDINARY
NUCOR
FORTESCUE METALS GROUP
RELIANCE STEEL
US03938L2034
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US6934831099
STEEL DYNAMICS
NIPPON STEEL CORPORATION
US88031M1099
CHINA STEEL CORP
JFE HOLDINGS
BLUESCOPE STEEL ORDINARY
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More risk metrics are available, exclusively in Trackinsight Enterprise

Sustainability

Integrates ESG criteria
No
SDG

ESG Consensus® by Conser

Data as of February 27, 2026
Methodology

Our partner Conser gathers the industry's consensus on the business practices of the underlying holdings. We have computed the following metrics about SLX ETF's sustainability, based on their methodology.

Learn more about Conser

ESG Consensus®
esg grade icon

ESG Consensus® is based on the Final Sustainability Grade, which itself consists of 10 grades. Our partner Conser calculates the exact grade, based on market intelligence, using their proprietary ESG Consensus® methodology.


SLX’s has a Final Sustainability Grade of either C+, C, C-, or D.

This fund’s exact Final Sustainability Grade is available in Trackinsight Enterprise.
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Holdings review
30.17% of holdings have positive scoring
69.83% of holdings have negative scoring
6.98%
12.38%
10.81%
6.60%
40.38%
22.85%
Consensus levels
Strong
Medium
Weak
No data on remaining < 1% of holdings
More sustainability metrics are available, exclusively in Trackinsight Enterprise

Replication

Trackinsight replication rating:
Not rated
1-year trailing difference
As of April 30, 2026
Create a free account to view the replication graph
SLX
N/A
Replication quality
Calculated over 12m, as of April 30, 2026
Tracking error
Tracking difference
1-year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
Replication information
Index
Index ticker
Index dividend policy
Replication method
Replication model

Issuer

VanEck
VanEck ID Card
Number of funds
182
Total AuM
€198.55B
Expense ratio range
0.07% - 96.9%
Average expense ratio
1.3733%

Through forward-looking, intelligently designed active and ETF solutions, VanEck offers value-added exposures to emerging industries, asset classes and markets as well as differentiated approaches to traditional strategies. Global player based in New York, founded in 1955, ranked among the 10 best providers of ETFs in the United States, VanEck also has a strong presence in Europe (Germany, Switzerland, the Netherlands) as well as a presence in Asia and Australia. VanEck is different from other asset managers by being privately held, allowing them to focus on clients’ long-term interests, constantly been at the forefront of innovation and whose ETFs are transparent with no synthetic replication and no lent out.

Via Offical website

Frequently asked questions about SLX

What does VanEck Steel ETF, SLX, invest in?

SLX is a Passive ETF. This ETF provides exposure to Steel Equities.

Which benchmark or index does SLX replicate?

SLX tracks the MarketVector Global Steel Index - USD, through a full replication replication method.

What is the Total Expense ratio (TER) of SLX?

SLX carries a total expense ratio (TER) of 0.64%, indicating the annual cost for holding the fund.

When was SLX launched?

SLX was introduced to the market on October 10, 2006. It trades on United States

Who is the ETF issuer of SLX?

VanEck Steel ETF, SLX, is provided by VanEck. Learn more about VanEck here.

What is the current assets under management (AUM) of SLX?

SLX oversees €167M in assets as of May 22, 2026.

How has SLX performed lately?

Based on data from May 22, 2026, SLX returned 4.11% over the past month, 7.31% over the last three months and 26.18% year-to-date.

What are the latest inflows or outflows for SLX?

As of May 22, 2026, SLX recorded net flows of +€25M over the last month and -€3.7M year-to-date.

Does SLX distribute dividends?

SLX follows a distributing dividend policy, meaning it pays out income to investors. As of May 22, 2026, its 12-month trailing yield was 1.23%.

What are the main country or region exposures of SLX?

As of March 31, 2026, SLX has significant geographic allocations in USA, Australia and Japan.

In which sector or theme does SLX invest in?

As of March 31, 2026, SLX focuses largely on Materials and Industrials.

How many securities does SLX hold and how diversified is it?

As of March 31, 2026, SLX holds 39 positions in its portfolio, with 76.50% of assets concentrated in its top 15 holdings.

What are the main positions in SLX?

As of March 31, 2026, SLX top three holdings include US7672041008, US0886061086 and US91912E1055.

What is the base currency of SLX?

The base currency of SLX is USD.

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