SLX vs. WBIG ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to WBI Large Cap Tactical Yield Shares (WBIG)
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
$71.02
Average Daily Volume
17,676
25
WBIG
WBI Large Cap Tactical Yield Shares
WBIG Description
The investment seeks long-term capital appreciation and the potential for current income, while also seeking to protect principal during unfavorable market conditions. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the dividend-paying equity securities of large capitalization domestic and foreign companies which WBI Investments, Inc., the sub-advisor to the fund and an affiliate of Millington Securities Inc., the advisor, believes display attractive dividend payment prospects, and up to 20% of its net assets in other tactical investment opportunities.Grade (RS Rating)
Last Trade
$23.86
Average Daily Volume
3,603
34
Performance
| Period | SLX | WBIG |
|---|---|---|
| 30 Days | -2.28% | -4.70% |
| 60 Days | 0.70% | -2.11% |
| 90 Days | 2.84% | 1.58% |
| 12 Months | 27.60% | 12.21% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in WBIG | Overlap |
|---|
SLX Overweight 25 Positions Relative to WBIG
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | A | 10.71% | |
| VALE | D | 8.04% | |
| NUE | D | 6.1% | |
| HCC | B | 5.37% | |
| CRS | A | 5.36% | |
| TS | F | 4.8% | |
| RS | D | 4.79% | |
| STLD | D | 4.76% | |
| TX | B | 4.72% | |
| MT | D | 4.66% | |
| GGB | D | 4.65% | |
| CMC | C | 4.44% | |
| ATI | B | 4.38% | |
| X | F | 4.3% | |
| PKX | F | 4.29% | |
| CLF | F | 4.13% | |
| SID | D | 4.09% | |
| ROCK | D | 2.31% | |
| WS | C | 1.7% | |
| RYI | F | 1.11% | |
| RDUS | F | 1.01% | |
| SXC | D | 0.92% | |
| ASTL | D | 0.85% | |
| ZEUS | F | 0.79% | |
| USAP | A | 0.77% |
SLX Underweight 34 Positions Relative to WBIG
| Symbol | Grade | Weight | |
|---|---|---|---|
| BIL | A | -10.03% | |
| RGA | A | -4.44% | |
| AXP | B | -4.38% | |
| TW | B | -4.26% | |
| CHD | B | -4.08% | |
| CI | C | -4.04% | |
| HRB | D | -4.03% | |
| MA | D | -4.02% | |
| ADP | D | -3.99% | |
| DHI | D | -3.97% | |
| OTIS | D | -3.91% | |
| KR | C | -2.71% | |
| TGT | D | -2.16% | |
| PM | A | -2.13% | |
| KMB | A | -2.13% | |
| UGI | C | -2.12% | |
| OMF | A | -2.11% | |
| MO | A | -2.1% | |
| PG | A | -2.07% | |
| OKE | C | -2.05% | |
| T | C | -2.03% | |
| GIS | B | -2.03% | |
| CHRD | B | -1.97% | |
| KNTK | B | -1.97% | |
| PFG | C | -1.97% | |
| LYB | D | -1.96% | |
| HPQ | D | -1.95% | |
| CSCO | F | -1.94% | |
| GILD | F | -1.91% | |
| CVS | F | -1.89% | |
| IBM | D | -1.8% | |
| BMY | F | -1.77% | |
| WHR | F | -1.74% | |
| AOS | D | -1.62% |
SLX: Top Represented Industries & Keywords
WBIG: Top Represented Industries & Keywords
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