SLX vs. MGMT ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to Ballast Small/Mid Cap ETF (MGMT)
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
$71.08
Average Daily Volume
17,472
25
MGMT
Ballast Small/Mid Cap ETF
MGMT Description
The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.Grade (RS Rating)
Last Trade
$36.62
Average Daily Volume
14,521
46
Performance
| Period | SLX | MGMT |
|---|---|---|
| 30 Days | -1.38% | -1.08% |
| 60 Days | -0.09% | 0.17% |
| 90 Days | 3.38% | 3.56% |
| 12 Months | 23.33% | 12.38% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in MGMT | Overlap |
|---|
SLX Overweight 25 Positions Relative to MGMT
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | B | 10.92% | |
| VALE | C | 8.2% | |
| CRS | B | 6.63% | |
| NUE | D | 5.93% | |
| 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 | D | 4.22% | |
| X | D | 4.18% | |
| SID | F | 3.99% | |
| CLF | F | 3.83% | |
| ROCK | D | 2.23% | |
| WS | C | 1.66% | |
| RDUS | F | 1.0% | |
| SXC | D | 0.87% | |
| ASTL | F | 0.82% | |
| RYI | F | 0.81% | |
| USAP | B | 0.77% | |
| ZEUS | F | 0.73% |
SLX Underweight 46 Positions Relative to MGMT
| Symbol | Grade | Weight | |
|---|---|---|---|
| NRP | B | -5.26% | |
| AGM | C | -3.84% | |
| CVCO | C | -3.2% | |
| AZZ | C | -3.06% | |
| MTG | C | -2.92% | |
| PHIN | A | -2.91% | |
| TDC | D | -2.88% | |
| EXP | C | -2.85% | |
| CEIX | F | -2.76% | |
| CASS | D | -2.64% | |
| TRIP | D | -2.59% | |
| SOI | B | -2.53% | |
| GEO | B | -2.52% | |
| LAMR | B | -2.36% | |
| LSTR | D | -2.32% | |
| NTIC | A | -2.22% | |
| ATKR | B | -2.21% | |
| CBNK | D | -2.13% | |
| IGIC | B | -2.1% | |
| GPRE | F | -2.09% | |
| BIOX | D | -2.05% | |
| LII | D | -1.97% | |
| IMXI | F | -1.94% | |
| DOX | D | -1.84% | |
| SFM | A | -1.7% | |
| BLCO | F | -1.7% | |
| BWA | B | -1.66% | |
| EPR | C | -1.63% | |
| KOS | F | -1.6% | |
| GSM | B | -1.58% | |
| RMNI | F | -1.51% | |
| BELFB | B | -1.5% | |
| IPGP | D | -1.49% | |
| CRMT | D | -1.49% | |
| ECVT | F | -1.48% | |
| KN | B | -1.28% | |
| RCMT | F | -1.21% | |
| UFPT | B | -1.17% | |
| EPSN | B | -1.17% | |
| TKR | B | -1.15% | |
| PATK | C | -0.92% | |
| IRMD | D | -0.91% | |
| CMP | F | -0.86% | |
| EXTR | F | -0.82% | |
| G | D | -0.8% | |
| BIL | A | -0.23% |
SLX: Top Represented Industries & Keywords
MGMT: Top Represented Industries & Keywords
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