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 American depositary receipts ("ADRs") of companies involved in the steel industry. Such companies may include medium-capitalization companies and foreign issuers. The fund may also utilize convertible securities and participation notes to seek performance that corresponds to the Steel Index. It is non-diversified.
Home Page: www.vaneck.com/funds/SLX.aspx
SLX Technical AnalysisExchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Natural Resources
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock non-US | 52.81 | 0.00 | 52.81 |
| Stock US | 47.30 | 0.00 | 47.30 |
| Cash | 0.00 | 0.11 | -0.11 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Basic Materials | 82.24 | 47.16 |
| Industrials | 13.08 | 11.06 |
| Energy | 4.68 | 24.21 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 47.86 | 67.25 |
| Latin America | 30.93 | 3.12 |
| United Kingdom | 11.46 | 8.23 |
| Asia Developed | 5.07 | 1.28 |
| Europe Developed | 4.68 | 8.66 |
| Japan | 0.00 | 1.69 |
| Australasia | 0.00 | 4.48 |
| Asia Emerging | 0.00 | 3.52 |
| Europe Emerging | 0.00 | 0.37 |
| Africa/Middle East | 0.00 | 1.33 |