VanEck Vectors Steel ETF (SLX) Alternatives
VanEck Vectors Steel ETF (SLX) belongs to the Materials category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SLX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to SLX
SLX charges 0.56% annually. Among ETFs in the Materials category, these options have the lowest expense ratios among SLX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity MSCI Materials Index ETF | 0.08% | Oct 21, 2013 | SLX vs FMAT | |
| Vanguard Materials ETF | 0.10% | Jan 26, 2004 | SLX vs VAW | |
| Materials Select Sector SPDR ETF | 0.13% | Dec 16, 1998 | SLX vs XLB | |
| Invesco S&P SmallCap Materials ETF | 0.29% | Apr 7, 2010 | SLX vs PSCM | |
| Hoya Capital Housing ETF | 0.30% | Mar 19, 2019 | SLX vs HOMZ |
Best Risk-Adjusted Alternatives to SLX
Among ETFs in the Materials category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| VanEck Vectors Rare Earth/Strategic Metals ETF | 95 | Oct 27, 2010 | SLX vs REMX | |
| SPDR S&P Metals & Mining ETF | 94 | Jun 19, 2006 | SLX vs XME | |
| Global X Rare Earth & Critical Materials ETF | 94 | Jan 24, 2022 | SLX vs EART | |
| Global X Gold Explorers ETF | 94 | Nov 3, 2010 | SLX vs GOEX | |
| Global X Copper Miners ETF | 94 | Apr 19, 2010 | SLX vs COPX |
Top Performing SLX Alternatives (YTD)
SLX alternatives from the Materials category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| VanEck Vectors Rare Earth/Strategic Metals ETF | 19.05% | Oct 27, 2010 | SLX vs REMX | |
| Invesco S&P SmallCap Materials ETF | 18.11% | Apr 7, 2010 | SLX vs PSCM | |
| First Trust Materials AlphaDEX Fund | 17.95% | May 8, 2007 | SLX vs FXZ | |
| iShares U.S. Basic Materials ETF | 14.57% | Jun 20, 2000 | SLX vs IYM | |
| Invesco S&P 500® Equal Weight Materials ETF | 13.67% | Nov 1, 2006 | SLX vs RSPM |
Lowest Volatility Alternatives to SLX
SLX alternatives from the Materials category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Invesco MSCI Global Timber ETF | 19.97% | Nov 9, 2007 | SLX vs CUT | |
| iShares Global Timber & Forestry ETF | 20.93% | Jun 24, 2008 | SLX vs WOOD | |
| Materials Select Sector SPDR ETF | 20.95% | Dec 16, 1998 | SLX vs XLB | |
| iShares Global Materials ETF | 21.32% | Sep 21, 2006 | SLX vs MXI | |
| Fidelity MSCI Materials Index ETF | 21.38% | Oct 21, 2013 | SLX vs FMAT |
Lowest Drawdown Alternatives to SLX
SLX alternatives from the Materials category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Fidelity MSCI Materials Index ETF | -14.21% | Oct 21, 2013 | SLX vs FMAT | |
| Vanguard Materials ETF | -14.33% | Jan 26, 2004 | SLX vs VAW | |
| iShares U.S. Basic Materials ETF | -14.54% | Jun 20, 2000 | SLX vs IYM | |
| Materials Select Sector SPDR ETF | -14.64% | Dec 16, 1998 | SLX vs XLB | |
| Invesco S&P 500® Equal Weight Materials ETF | -15.67% | Nov 1, 2006 | SLX vs RSPM |
Other ETFs from VanEck
Most popular VanEck ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | Semiconductors, Technology Equities | 95 | 6.46% | Dec 20, 2011 | SLX vs SMH | |
| VanEck Gold Miners ETF | Gold, Precious Metals | 92 | 7.00% | May 16, 2006 | SLX vs GDX | |
| VanEck Vectors Uranium+Nuclear Energy ETF | Alternative Energy Equities | 88 | 7.24% | Aug 13, 2007 | SLX vs NLR | |
| VanEck Vectors Junior Gold Miners ETF | Materials | 92 | 5.50% | Nov 10, 2009 | SLX vs GDXJ | |
| VanEck Vectors Morningstar Wide Moat ETF | Large Cap Blend Equities | 36 | -6.62% | Apr 24, 2012 | SLX vs MOAT | |
| VanEck Fabless Semiconductor ETF | Semiconductors, Technology Equities | 85 | -2.14% | Aug 27, 2024 | SLX vs SMHX | |
| VanEck Vectors BDC Income ETF | Financials Equities | 2 | -9.73% | Feb 11, 2013 | SLX vs BIZD | |
| VanEck Bitcoin Trust | Cryptocurrency | 6 | -22.52% | Jan 4, 2024 | SLX vs HODL | |
| VanEck Digital Transformation ETF | Technology Equities, Blockchain | 53 | -9.74% | Apr 9, 2021 | SLX vs DAPP | |
| VanEck Vectors Investment Grade Floating Rate ETF | Corporate Bonds | 92 | 0.71% | Apr 25, 2011 | SLX vs FLTR |
Often Compared With SLX
What investors most often compare with SLX, based on PortfoliosLab usage data.
Compare SLX with Any Fund or Stock
Compare SLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.