SLX vs. BRAZ ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to Global X Brazil Active ETF (BRAZ)
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
$67.41
Average Daily Volume
9,175
26
BRAZ
Global X Brazil Active ETF
BRAZ Description
The fund is an actively managed exchange traded fund ("ETF") advised by Global X Management Company LLC (the "Adviser") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in Brazil; and/or (ii) that are tied economically to Brazil. The fund is non-diversified.Grade (RS Rating)
Last Trade
$22.78
Average Daily Volume
291
12
Performance
| Period | SLX | BRAZ |
|---|---|---|
| 30 Days | -4.06% | -9.15% |
| 60 Days | 1.22% | -9.65% |
| 90 Days | 2.93% | -1.77% |
| 12 Months | 6.24% | -5.41% |
1 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in BRAZ | Overlap | |
|---|---|---|---|---|---|
| VALE | F | 8.14% | 7.34% | 7.34% |
SLX Overweight 25 Positions Relative to BRAZ
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | B | 10.13% | |
| NUE | F | 6.27% | |
| STLD | A | 5.53% | |
| TS | A | 5.06% | |
| HCC | A | 5.02% | |
| RS | C | 4.95% | |
| CLF | C | 4.88% | |
| MT | B | 4.81% | |
| CRS | B | 4.7% | |
| CMC | A | 4.63% | |
| X | C | 4.4% | |
| TX | F | 4.36% | |
| ATI | F | 4.32% | |
| PKX | F | 4.2% | |
| SID | F | 3.99% | |
| GGB | F | 3.98% | |
| ROCK | D | 2.23% | |
| WS | A | 1.96% | |
| USAP | A | 1.32% | |
| ASTL | A | 1.14% | |
| ZEUS | F | 0.96% | |
| RYI | C | 0.8% | |
| SXC | A | 0.8% | |
| MTUS | F | 0.71% | |
| RDUS | F | 0.56% |
SLX: Top Represented Industries & Keywords
BRAZ: Top Represented Industries & Keywords
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