VanEck Vectors Steel ETF (SLX)
SLX is a passive ETF by VanEck tracking the investment results of the NYSE Arca Steel Index. SLX launched on Oct 16, 2006 and has a 0.56% expense ratio.
ETF Info
| ISIN | US92189F2056 |
|---|---|
| CUSIP | 92189F205 |
| Issuer | VanEck |
| Inception Date | Oct 16, 2006 |
| Region | Developed Markets (Broad) |
| Category | Materials |
| Index Tracked | NYSE Arca Steel Index |
| Home Page | www.vaneck.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
SLX has a high expense ratio of 0.56%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: SLX vs. XME, SLX vs. FXZ, SLX vs. REMX, SLX vs. COPX, SLX vs. ^DJUSST, SLX vs. CNRG, SLX vs. JEPI, SLX vs. GLD, SLX vs. APD, SLX vs. CPER
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in VanEck Vectors Steel ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
VanEck Vectors Steel ETF had a return of -3.48% year-to-date (YTD) and 26.74% in the last 12 months. Over the past 10 years, VanEck Vectors Steel ETF had an annualized return of 8.18%, while the S&P 500 had an annualized return of 10.67%, indicating that VanEck Vectors Steel ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -3.48% | 9.49% |
| 1 month | -1.67% | 1.20% |
| 6 months | 11.96% | 18.29% |
| 1 year | 26.74% | 26.44% |
| 5 years (annualized) | 17.89% | 12.64% |
| 10 years (annualized) | 8.18% | 10.67% |
Monthly Returns
The table below presents the monthly returns of SLX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -5.88% | 1.73% | 2.83% | -5.21% | -3.48% | ||||||||
| 2023 | 17.55% | -2.90% | -3.45% | -4.53% | -8.56% | 14.95% | 10.49% | -4.68% | -2.66% | -4.45% | 11.63% | 8.55% | 31.26% |
| 2022 | -1.65% | 14.85% | 12.92% | -8.21% | 0.92% | -21.28% | 9.10% | -1.98% | -9.74% | 11.29% | 18.55% | -3.52% | 14.28% |
| 2021 | -3.14% | 12.31% | 14.93% | 6.04% | 6.76% | -1.92% | 4.55% | -3.58% | -11.61% | 1.99% | -7.74% | 9.70% | 27.69% |
| 2020 | -11.14% | -12.50% | -25.38% | 8.68% | 9.55% | 5.83% | 3.63% | 7.60% | 0.52% | 3.50% | 24.20% | 14.47% | 20.57% |
| 2019 | 13.86% | 1.01% | -0.20% | -3.55% | -8.94% | 11.39% | -4.68% | -12.63% | 4.05% | 1.71% | 6.52% | 5.53% | 11.24% |
| 2018 | 7.81% | -0.45% | -6.95% | 5.66% | -1.14% | -5.33% | 5.76% | -7.93% | 3.99% | -6.98% | -5.96% | -7.73% | -19.28% |
| 2017 | 9.31% | 3.75% | -5.81% | -5.77% | -3.81% | 5.22% | 6.91% | 3.69% | -1.12% | 0.43% | -0.05% | 11.07% | 24.50% |
| 2016 | -9.69% | 10.34% | 28.62% | 18.65% | -15.89% | 10.71% | 16.52% | -7.46% | 4.30% | 7.05% | 19.34% | -3.76% | 95.78% |
| 2015 | -10.88% | 7.53% | -8.18% | 12.94% | -6.24% | -7.90% | -11.60% | -5.65% | -14.89% | 10.47% | -5.96% | -8.32% | -41.97% |
| 2014 | -9.17% | 0.42% | 2.60% | -1.42% | 0.11% | 3.92% | 2.37% | 0.12% | -8.65% | -3.76% | -8.14% | -7.27% | -26.33% |
| 2013 | 0.31% | -6.55% | -4.60% | -2.69% | -4.81% | -5.78% | 7.29% | 2.23% | 7.73% | 6.41% | 0.69% | 5.48% | 4.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SLX is 54, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
SLX (VanEck Vectors Steel ETF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for VanEck Vectors Steel ETF (SLX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
VanEck Vectors Steel ETF granted a 2.90% dividend yield in the last twelve months. The annual payout for that period amounted to $2.07 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.07 | $2.07 | $2.88 | $3.76 | $0.83 | $1.04 | $2.18 | $1.12 | $0.40 | $1.04 | $1.16 | $0.98 |
Dividend yield | 2.90% | 2.80% | 4.97% | 7.07% | 1.87% | 2.76% | 6.25% | 2.43% | 1.06% | 5.34% | 3.26% | 1.97% |
Monthly Dividends
The table displays the monthly dividend distributions for VanEck Vectors Steel ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.07 | $2.07 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.88 | $2.88 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.76 | $3.76 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.83 | $0.83 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.04 | $1.04 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.18 | $2.18 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.12 | $1.12 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.04 | $1.04 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.16 | $1.16 |
| 2013 | $0.98 | $0.98 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the VanEck Vectors Steel ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VanEck Vectors Steel ETF was 82.15%, occurring on Jan 25, 2016. Recovery took 1764 trading sessions.
The current VanEck Vectors Steel ETF drawdown is 4.90%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -82.15% | May 19, 2008 | 1935 | Jan 25, 2016 | 1764 | Jan 26, 2023 | 3699 |
| -23.74% | Jul 13, 2007 | 25 | Aug 16, 2007 | 22 | Sep 18, 2007 | 47 |
| -21.18% | Dec 11, 2007 | 29 | Jan 23, 2008 | 21 | Feb 22, 2008 | 50 |
| -20.93% | Mar 6, 2023 | 61 | May 31, 2023 | 37 | Jul 25, 2023 | 98 |
| -15.61% | Jul 26, 2023 | 63 | Oct 23, 2023 | 28 | Dec 1, 2023 | 91 |
Volatility
Volatility Chart
The current VanEck Vectors Steel ETF volatility is 4.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.