Premium Access    ETF Search:   

VanEck Vectors Steel Index Fund (SLX) - ETF





©ETFScreen.com
Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
Price36.9
Volume71k
Avg Vol93k
RSf48.6
$Vol(21d)3m
52 wk High45.39
52 wk Low24.12
Inception:Oct 2006
(as of 2017-05-25)
Total Returns:
1 day-0.2%
5 day3.8%
1 month-3.6%
3 month-13.3%
6 month-6.8%
9 month22.8%
1 year48.6%
 
Compare Funds:
Correlated Group: Materials (View cGroup) (All Groups)




 

Correlated Funds

Most Directly Correlated
iShares MSCI Global Select Metals & Mining ProducePICK0.88  
SPDR Metals & MiningXME0.87  
iShares S&P Gbl MaterialsMXI0.82  
SPDR S&P Global Natural Resources ETFGNR0.77  
FlexShares Morningstar Global Upstream Natural ResGUNR0.75  
Vanguard MaterialsVAW0.75  
Fidelity MSCI MaterialsFMAT0.73  
VanEck Vectors RVE Hard Assets Prod ETFHAP0.73  
First Trust Materials AlphaDEX FundFXZ0.72  
iShares US Basic MaterialsIYM0.71  
Least Correlated
SPDR Barclays Capital TIPS ETFIPE0.01  
First Trust Enh Short Maturity ETFFTSM0.01  
SPDR Barclays Intl Treasury Bond ETFBWX0.01  
Vanguard Long-Term Corp Bond Idx ETFVCLT0.01  
iShares Intl Agg BondIAGG0.00  
iShares iBonds Dec 2021 Corp ETFIBDM0.00  
CurrencyShares British PoundFXB-0.00  
iShares iBoxx$ Invst Grd Cp BdLQD-0.00  
iShares iBonds Dec 2019 Corp ETFIBDK-0.00  
Vanguard UtilitiesVPU-0.00  
Most Inversely Correlated
ProShares UltraPro Short S&P 500SPXU-0.55  
Direxion S&P 500 Bear 3X SharesSPXS-0.56  
Active Bear ETF HDGE-0.56  
Direxion Small Cap Bear 3X SharesTZA-0.59  
ProShares UltraPro Short Russell2000SRTY-0.59  
Proshares Short Russell 2000RWM-0.59  
Proshares UltraShort Russell2000TWM-0.60  
Direxion Emerging Markets Bear 3X SharesEDZ-0.62  
ProShares Short MSCI Emerging MktsEUM-0.62  
ProShares UltraShort MSCI Emerging MktsEEV-0.62  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2017-05-19.
 


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








Important Disclaimer: The information provided by ETFScreen.com is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. The owner of ETFScreen.com assumes no liability resulting from the use of the material contained herein for any purposes, including investment purposes. Privacy Policy Disclaimer/Terms of Use ...

If you have a comment please contact us. Advertise with us Market Data by:On-Demand Financial Market Data by Xignite