SLX vs. FOVL ETF Comparison

Comparison of Market Vectors Steel Index ETF Fund (SLX) to iShares Focused Value Factor ETF (FOVL)
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

$71.02

Average Daily Volume

17,676

Number of Holdings *

25

* may have additional holdings in another (foreign) market
FOVL

iShares Focused Value Factor ETF

FOVL Description The investment seeks to track the to track the investment results of the Focused Value Select Index, which is an objective, rules-based, equal-weighted equity index provided by FTSE Russell. The underlying index measures the performance of large- and mid-capitalization U.S. companies with prominent value factor characteristics, as determined by Russell. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$60.53

Average Daily Volume

14,048

Number of Holdings *

40

* may have additional holdings in another (foreign) market
Performance
Period SLX FOVL
30 Days -2.28% -2.38%
60 Days 0.70% 1.02%
90 Days 2.84% 5.31%
12 Months 27.60% 27.92%
2 Overlapping Holdings
Symbol Grade Weight in SLX Weight in FOVL Overlap
CLF F 3.83% 2.47% 2.47%
NUE D 5.93% 2.47% 2.47%
SLX Overweight 23 Positions Relative to FOVL
Symbol Grade Weight
RIO A 10.92%
VALE D 8.2%
CRS A 6.63%
HCC B 5.34%
ATI B 5.15%
MT D 4.8%
STLD D 4.62%
CMC C 4.59%
GGB D 4.56%
TX B 4.47%
RS D 4.41%
PKX F 4.38%
TS F 4.22%
X F 4.18%
SID D 3.99%
ROCK D 2.23%
WS C 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%
SLX Underweight 38 Positions Relative to FOVL
Symbol Grade Weight
TOL C -3.4%
PNFP C -3.29%
IBKR A -3.25%
BLDR C -3.12%
COF B -3.09%
JPM B -3.07%
SF A -3.01%
WTM A -2.97%
WLK B -2.87%
FHB A -2.83%
WBS D -2.77%
FYBR C -2.77%
SNV C -2.77%
AXS B -2.76%
ORI A -2.71%
FNB A -2.7%
JHG B -2.66%
KMI A -2.61%
CNA B -2.57%
LYB D -2.51%
PFG C -2.49%
DFS B -2.46%
T C -2.46%
AMG C -2.44%
HPE D -2.31%
THO F -2.31%
CUZ A -2.3%
LPX D -2.28%
AN B -2.28%
STT C -2.28%
AGR B -2.21%
PNW B -2.09%
Z F -1.94%
ALK B -1.93%
LSXMK D -1.7%
SNDR D -1.69%
UNM A -1.44%
LLYVK D -0.65%
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