SLX vs. MISL ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to First Trust Indxx Aerospace & Defense ETF (MISL)
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
$71.28
Average Daily Volume
17,144
25
MISL
First Trust Indxx Aerospace & Defense ETF
MISL Description
The First Trust Indxx Aerospace & Defense ETF seeks investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the Indxx US Aerospace & Defense Index (the "Index"). Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks that comprise the Index.Grade (RS Rating)
Last Trade
$27.94
Average Daily Volume
17,591
10
Performance
Period | SLX | MISL |
---|---|---|
30 Days | -1.10% | 3.46% |
60 Days | 0.58% | 4.62% |
90 Days | 2.03% | 10.37% |
12 Months | 23.72% | 29.86% |
0 Overlapping Holdings
Symbol | Grade | Weight in SLX | Weight in MISL | Overlap |
---|
SLX Overweight 25 Positions Relative to MISL
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 | D | 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: Top Represented Industries & Keywords
MISL: Top Represented Industries & Keywords