SLX vs. FIW ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to First Trust ISE Water Index Fund (FIW)
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
FIW
First Trust ISE Water Index Fund
FIW 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 ISE Water Index(TM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is a modified market-capitalization weighted portfolio of 36 stocks of companies as of March 31, 2013 that derive a substantial portion of their revenues from the potable and wastewater industries. The fund is non-diversified.Grade (RS Rating)
Last Trade
$108.58
Average Daily Volume
35,750
32
Performance
| Period | SLX | FIW |
|---|---|---|
| 30 Days | 4.24% | 0.93% |
| 60 Days | 5.78% | 1.11% |
| 90 Days | 5.62% | 1.39% |
| 12 Months | 5.56% | 25.31% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in FIW | Overlap |
|---|
SLX Overweight 26 Positions Relative to FIW
| 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 | C | 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 32 Positions Relative to FIW
| Symbol | Grade | Weight | |
|---|---|---|---|
| IEX | C | -4.41% | |
| PNR | A | -4.19% | |
| WAT | C | -4.12% | |
| ROP | B | -3.98% | |
| ECL | D | -3.9% | |
| ACM | B | -3.83% | |
| AWK | C | -3.83% | |
| MLI | B | -3.74% | |
| VLTO | C | -3.67% | |
| XYL | D | -3.57% | |
| A | D | -3.56% | |
| WTRG | B | -3.5% | |
| IDXX | F | -3.5% | |
| BMI | B | -3.1% | |
| TTEK | F | -3.04% | |
| WMS | F | -2.98% | |
| CNM | D | -2.76% | |
| AOS | F | -2.59% | |
| ZWS | B | -2.42% | |
| VMI | B | -2.39% | |
| MWA | B | -2.28% | |
| ITRI | C | -2.26% | |
| WTS | B | -2.15% | |
| AWR | B | -2.09% | |
| FELE | B | -2.05% | |
| CWT | C | -1.85% | |
| MSEX | C | -1.31% | |
| LNN | B | -1.26% | |
| SBS | B | -1.25% | |
| HWKN | B | -1.23% | |
| SJW | F | -1.16% | |
| MEG | F | -0.68% |
SLX: Top Represented Industries & Keywords
FIW: Top Represented Industries & Keywords
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