SLX vs. CUT ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to Invesco MSCI Global Timber ETF (CUT)
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
CUT
Invesco MSCI Global Timber ETF
CUT Description
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the Beacon Global Timber Index. The fund will invest at least 90% of its total assets in common stock, American depositary receipts ("ADRs") and global depositary receipts ("GDRs") that comprise the index and depositary receipts representing common stocks included in the index (or underlying securities representing the ADRs and GDRs included in the index). It generally will invest in all of the securities comprising the index in proportion to their weightings in the index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$34.15
Average Daily Volume
2,901
18
Performance
Period | SLX | CUT |
---|---|---|
30 Days | 4.24% | 0.31% |
60 Days | 5.78% | -1.86% |
90 Days | 5.62% | -0.90% |
12 Months | 5.56% | 14.08% |
0 Overlapping Holdings
Symbol | Grade | Weight in SLX | Weight in CUT | Overlap |
---|
SLX Overweight 26 Positions Relative to CUT
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% |
SLX Underweight 18 Positions Relative to CUT
SLX: Top Represented Industries & Keywords
CUT: Top Represented Industries & Keywords