RNEW vs. SLX ETF Comparison
Comparison of VanEck Green Infrastructure ETF (RNEW) to Market Vectors Steel Index ETF Fund (SLX)
RNEW
VanEck Green Infrastructure ETF
RNEW Description
The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$25.29
Average Daily Volume
132
39
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
$70.43
Average Daily Volume
10,339
26
Performance
| Period | RNEW | SLX |
|---|---|---|
| 30 Days | 4.52% | 4.24% |
| 60 Days | 1.13% | 5.78% |
| 90 Days | -0.95% | 5.62% |
| 12 Months | 12.92% | 5.56% |
0 Overlapping Holdings
| Symbol | Grade | Weight in RNEW | Weight in SLX | Overlap |
|---|
RNEW Overweight 39 Positions Relative to SLX
| Symbol | Grade | Weight | |
|---|---|---|---|
| TSLA | B | 9.97% | |
| LNG | A | 6.86% | |
| PWR | A | 6.03% | |
| CLH | C | 6.0% | |
| RSG | A | 5.71% | |
| WM | B | 5.62% | |
| ECL | D | 5.24% | |
| DCI | B | 4.93% | |
| RIVN | F | 4.73% | |
| BWA | D | 4.14% | |
| FSLR | F | 3.26% | |
| CWST | A | 3.22% | |
| IDA | A | 3.11% | |
| ITRI | C | 2.99% | |
| SWX | B | 2.9% | |
| LCID | F | 2.83% | |
| ORA | B | 2.65% | |
| ENPH | F | 2.39% | |
| NWE | C | 1.77% | |
| BE | B | 1.62% | |
| CWEN | C | 1.21% | |
| RUN | F | 1.19% | |
| NFE | D | 1.05% | |
| NEP | F | 0.85% | |
| PLUG | F | 0.77% | |
| SPH | C | 0.63% | |
| ERII | F | 0.6% | |
| ARRY | F | 0.53% | |
| SHLS | F | 0.52% | |
| AMRC | D | 0.52% | |
| REX | D | 0.45% | |
| MNTK | F | 0.4% | |
| MEG | F | 0.39% | |
| GPRE | F | 0.38% | |
| CLNE | F | 0.36% | |
| AMPS | C | 0.29% | |
| CHPT | F | 0.27% | |
| NOVA | F | 0.23% | |
| SES | F | 0.06% |
RNEW Underweight 26 Positions Relative to SLX
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | D | -9.59% | |
| VALE | F | -7.51% | |
| TS | B | -5.99% | |
| NUE | C | -5.89% | |
| STLD | B | -5.77% | |
| HCC | B | -5.24% | |
| RS | B | -5.24% | |
| CRS | B | -5.22% | |
| MT | B | -5.14% | |
| CMC | B | -4.92% | |
| GGB | C | -4.38% | |
| TX | F | -4.23% | |
| X | B | -4.22% | |
| CLF | F | -3.99% | |
| ATI | C | -3.87% | |
| SID | F | -3.71% | |
| PKX | D | -3.39% | |
| WS | B | -2.4% | |
| ROCK | C | -2.37% | |
| USAP | B | -1.34% | |
| ASTL | B | -1.24% | |
| SXC | A | -1.13% | |
| ZEUS | C | -0.97% | |
| RYI | C | -0.9% | |
| MTUS | C | -0.69% | |
| RDUS | B | -0.54% |
RNEW: Top Represented Industries & Keywords
SLX: Top Represented Industries & Keywords
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