VanEck Steel ETF

Frequently Asked Questions About SLX

What does SLX invest in?

The VanEck Steel ETF (SLX) is designed to replicate, as precisely as possible and prior to any operational costs, both the capital appreciation and income generation of the MarketVector Global Steel Index (MVSLXTR). This benchmark index is specifically constructed to capture the overall financial performance of companies engaged in the worldwide steel industry.

What is the expense ratio of SLX?

VanEck Steel ETF (SLX) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SLX?

VanEck Steel ETF (SLX) manages $150.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is SLX actively managed or an index fund?

SLX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was SLX launched?

VanEck Steel ETF (SLX) launched in October 2006 and is managed by VanEck.

How has SLX performed?

SLX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.