SLX vs. COPJ ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to Sprott Junior Copper Miners ETF (COPJ)
SLX
Market Vectors Steel Index ETF Fund
SLX 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.
Grade (RS Rating)
Last Trade
$72.82
Average Daily Volume
12,503
25
COPJ
Sprott Junior Copper Miners ETF
COPJ Description
COPJ tracks an index of 25 to 45 exchange-listed companies that derive at least 50% of their revenues and/or assets from mining, exploration, development, and production of copper. The index also includes companies that have or expect to have a significant portion of their business operations related to copper. Aside from the usual market cap and liquidity requirements, individual securities are also screened using a review of industry publications, sell side research, and fundamental research, as well as meetings with management. COPJ aims to capture exposure to mid-, small-, and micro cap securities from US and foreign issuers, and even those in emerging and frontier market countries. Securities are free float market cap weighted, with a cap of 4.75% per issuer. Reconstitution and rebalancing of the portfolio is done on a semi-annual basis in June and December.Grade (RS Rating)
Last Trade
$25.03
Average Daily Volume
12,996
1
Performance
| Period | SLX | COPJ |
|---|---|---|
| 30 Days | 3.54% | 11.68% |
| 60 Days | 5.30% | 17.34% |
| 90 Days | 2.65% | 39.21% |
| 12 Months | 26.83% | 28.37% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in COPJ | Overlap |
|---|
SLX Overweight 25 Positions Relative to COPJ
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | A | 10.98% | |
| VALE | D | 8.08% | |
| CRS | A | 6.9% | |
| NUE | D | 5.94% | |
| ATI | B | 5.32% | |
| HCC | C | 5.27% | |
| STLD | D | 4.67% | |
| GGB | C | 4.61% | |
| MT | C | 4.6% | |
| CMC | B | 4.58% | |
| TX | B | 4.49% | |
| RS | D | 4.4% | |
| PKX | F | 4.32% | |
| TS | D | 4.28% | |
| X | F | 4.23% | |
| SID | F | 3.84% | |
| CLF | F | 3.79% | |
| ROCK | D | 2.29% | |
| WS | D | 1.62% | |
| RDUS | D | 1.01% | |
| SXC | D | 0.88% | |
| USAP | B | 0.85% | |
| ASTL | F | 0.83% | |
| RYI | F | 0.76% | |
| ZEUS | F | 0.59% |
SLX Underweight 1 Positions Relative to COPJ
| Symbol | Grade | Weight | |
|---|---|---|---|
| BVN | C | -6.54% |
SLX: Top Represented Industries & Keywords
COPJ: Top Represented Industries & Keywords
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