SLX vs. KOOL ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to North Shore Equity Rotation ETF (KOOL)
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
KOOL
North Shore Equity Rotation ETF
KOOL Description
KOOL aims to outperform the S&P 500 by dynamically allocating a global equity portfolio. The strategy aims to favor sectors historically known for strong performance across the business cycle phases: recession, recovery, expansion, and slowdown. It involves economic indicators and market trends, including current and forward-looking metrics to pinpoint these stages. This approach is reviewed monthly to ensure the portfolio remains aligned with changing economic conditions and market dynamics. Portfolio selection blends fundamental and technical analysis, along with top-down macroeconomic insights and industry trends such as GDP, employment, consumer spending, and inflation. To add, it also utilizes both buy- and sell-side research to finalize the composition. Up to 20% of the assets may comprise fixed-income securities and option contracts to generate income and manage risks. Moreover, it boosts income through securities lending and transaction fee collection. Investments may include ETFs.Grade (RS Rating)
Last Trade
$10.84
Average Daily Volume
10,051
19
Performance
| Period | SLX | KOOL |
|---|---|---|
| 30 Days | -4.06% | 1.33% |
| 60 Days | 1.22% | 2.88% |
| 90 Days | 2.93% | 6.61% |
| 12 Months | 6.24% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in KOOL | Overlap |
|---|
SLX Overweight 26 Positions Relative to KOOL
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | B | 10.13% | |
| VALE | F | 8.14% | |
| 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 Underweight 19 Positions Relative to KOOL
SLX: Top Represented Industries & Keywords
KOOL: Top Represented Industries & Keywords
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