FBZ vs. SLX ETF Comparison
Comparison of First Trust Brazil AlphaDEX Fund (FBZ) to Market Vectors Steel Index ETF Fund (SLX)
FBZ
First Trust Brazil AlphaDEX Fund
FBZ Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Brazil Index. The fund normally invests at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Brazil BMI Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$11.81
Average Daily Volume
2,291
11
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
$71.28
Average Daily Volume
17,144
25
Performance
Period | FBZ | SLX |
---|---|---|
30 Days | -1.30% | -1.10% |
60 Days | -1.47% | 0.58% |
90 Days | -1.06% | 2.03% |
12 Months | 22.24% | 23.72% |
FBZ Underweight 23 Positions Relative to SLX
Symbol | Grade | Weight | |
---|---|---|---|
RIO | B | -10.92% | |
CRS | B | -6.63% | |
NUE | D | -5.93% | |
HCC | B | -5.34% | |
ATI | B | -5.15% | |
MT | D | -4.8% | |
STLD | D | -4.62% | |
CMC | C | -4.59% | |
TX | B | -4.47% | |
RS | D | -4.41% | |
PKX | F | -4.38% | |
TS | D | -4.22% | |
X | D | -4.18% | |
SID | F | -3.99% | |
CLF | F | -3.83% | |
ROCK | D | -2.23% | |
WS | D | -1.66% | |
RDUS | F | -1.0% | |
SXC | D | -0.87% | |
ASTL | D | -0.82% | |
RYI | F | -0.81% | |
USAP | A | -0.77% | |
ZEUS | F | -0.73% |
FBZ: Top Represented Industries & Keywords
SLX: Top Represented Industries & Keywords