SLX vs. GDX ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to Market Vectors Gold Miners ETF (GDX)
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
$70.31
Average Daily Volume
17,834
25
GDX
Market Vectors Gold Miners ETF
GDX Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and American depositary receipts of companies involved in the gold mining industry. Such companies may include medium-capitalization companies and foreign issuers. The fund normally invests at least 80% of its total assets in securities that comprise the Gold Miners Index. It may also utilize convertible securities and participation notes to seek performance that corresponds to the Gold Miners Index. The fund is non-diversified.Grade (RS Rating)
Last Trade
$33.75
Average Daily Volume
27,226,606
11
Performance
| Period | SLX | GDX |
|---|---|---|
| 30 Days | 0.06% | 16.14% |
| 60 Days | -0.89% | 25.65% |
| 90 Days | 2.67% | 21.89% |
| 12 Months | 14.62% | 0.66% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in GDX | Overlap |
|---|
SLX Overweight 25 Positions Relative to GDX
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | A | 10.53% | |
| VALE | F | 7.75% | |
| NUE | A | 6.65% | |
| HCC | A | 5.04% | |
| CRS | A | 4.96% | |
| STLD | A | 4.9% | |
| MT | D | 4.89% | |
| RS | B | 4.87% | |
| TS | A | 4.75% | |
| TX | A | 4.66% | |
| CLF | B | 4.64% | |
| GGB | D | 4.63% | |
| X | D | 4.54% | |
| ATI | A | 4.47% | |
| CMC | A | 4.46% | |
| PKX | F | 4.13% | |
| SID | F | 3.98% | |
| ROCK | D | 2.26% | |
| WS | A | 1.67% | |
| RYI | D | 1.13% | |
| RDUS | D | 0.99% | |
| SXC | C | 0.9% | |
| ASTL | D | 0.81% | |
| ZEUS | B | 0.77% | |
| USAP | A | 0.69% |
SLX: Top Represented Industries & Keywords
GDX: Top Represented Industries & Keywords
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