SLX vs. PPI ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to AXS Astoria Inflation Sensitive ETF (PPI)
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
$69.99
Average Daily Volume
17,802
25
PPI
AXS Astoria Inflation Sensitive ETF
PPI Description
AXS Astoria Inflation Sensitive ETF is an exchange traded fund launched by Investment Managers Series Trust II. The fund is co-managed by AXS Investments LLC, Astoria Portfolio Advisors LLC. It invests in public equity, fixed income and commodity markets of the United States. For its equity portion, it invests in stocks of companies operating across energy, financials, industrials and materials sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, it invests through other funds in fixed income securities of varying maturities. For its commodity portion, it invests through other funds in commodities. The fund employs fundamental and quantitative analysis with top-down securities picking approach to create its portfolio. The fund employs internal and external research to create its portfolio. AXS Astoria Inflation Sensitive ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$15.28
Average Daily Volume
13,694
31
Performance
| Period | SLX | PPI |
|---|---|---|
| 30 Days | -4.52% | -4.52% |
| 60 Days | -2.23% | 2.22% |
| 90 Days | -0.44% | 9.68% |
| 12 Months | 19.93% | 26.95% |
SLX Overweight 22 Positions Relative to PPI
SLX Underweight 28 Positions Relative to PPI
| Symbol | Grade | Weight | |
|---|---|---|---|
| STIP | A | -4.93% | |
| GLDM | A | -4.07% | |
| BLDR | C | -3.61% | |
| VLO | B | -3.23% | |
| CAT | D | -2.91% | |
| MPC | B | -2.81% | |
| EME | A | -2.74% | |
| GCC | A | -2.56% | |
| DVN | B | -2.51% | |
| URI | D | -2.43% | |
| GDX | B | -2.15% | |
| EOG | B | -2.12% | |
| SCHP | D | -1.81% | |
| CF | D | -1.77% | |
| PCAR | D | -1.75% | |
| XOM | B | -1.71% | |
| CE | D | -1.71% | |
| WMS | D | -1.4% | |
| PXD | A | -1.3% | |
| GPK | D | -1.12% | |
| LYB | C | -1.11% | |
| SWN | B | -1.06% | |
| E | B | -1.05% | |
| OVV | B | -1.03% | |
| GWW | D | -1.01% | |
| RPM | D | -1.0% | |
| GLTR | B | -0.98% | |
| LECO | D | -0.97% |
SLX: Top Represented Industries & Keywords
PPI: Top Represented Industries & Keywords
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