SLX vs. XME ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to SPDR S&P Metals & Mining ETF (XME)
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
$70.25
Average Daily Volume
10,409
26
XME
SPDR S&P Metals & Mining ETF
XME Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the metals and mining segment of a U.S. total market composite index. In seeking to track the performance of the S&P Metals & Mining Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the metals and mining industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$68.74
Average Daily Volume
1,695,382
36
Performance
Period | SLX | XME |
---|---|---|
30 Days | 2.50% | 1.27% |
60 Days | 4.99% | 11.34% |
90 Days | 6.41% | 15.06% |
12 Months | 4.58% | 28.00% |
15 Overlapping Holdings
Symbol | Grade | Weight in SLX | Weight in XME | Overlap | |
---|---|---|---|---|---|
ATI | C | 3.87% | 3.88% | 3.87% | |
CLF | F | 3.99% | 4.11% | 3.99% | |
CMC | B | 4.92% | 4.89% | 4.89% | |
CRS | A | 5.22% | 5.16% | 5.16% | |
HCC | B | 5.24% | 4.9% | 4.9% | |
MTUS | D | 0.69% | 0.53% | 0.53% | |
NUE | D | 5.89% | 4.35% | 4.35% | |
RDUS | C | 0.54% | 0.4% | 0.4% | |
RS | B | 5.24% | 4.76% | 4.76% | |
RYI | C | 0.9% | 0.92% | 0.9% | |
STLD | B | 5.77% | 5.22% | 5.22% | |
SXC | A | 1.13% | 0.98% | 0.98% | |
WS | B | 2.4% | 0.75% | 0.75% | |
X | C | 4.22% | 4.31% | 4.22% | |
ZEUS | C | 0.97% | 0.4% | 0.4% |
SLX Underweight 21 Positions Relative to XME
SLX: Top Represented Industries & Keywords
XME: Top Represented Industries & Keywords