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Upturn AI SWOT - About
VanEck Steel ETF (SLX)
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Upturn Advisory Summary
07/30/2025: SLX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -34.16% | Avg. Invested days 29 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/30/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.55 | 52 Weeks Range 51.69 - 71.79 | Updated Date 06/29/2025 |
52 Weeks Range 51.69 - 71.79 | Updated Date 06/29/2025 |
Upturn AI SWOT
VanEck Steel ETF
ETF Overview
Overview
The VanEck Steel ETF (SLX) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. It provides exposure to companies involved in the production and distribution of steel products.
Reputation and Reliability
VanEck is a well-established ETF provider with a long history of creating and managing sector-specific and international ETFs.
Management Expertise
VanEck has a dedicated team of portfolio managers and analysts with experience in the metals and mining sectors.
Investment Objective
Goal
To replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index.
Investment Approach and Strategy
Strategy: The ETF employs a passive management strategy, aiming to track the NYSE Arca Steel Index.
Composition The ETF holds stocks of companies primarily involved in the production and distribution of steel and related products.
Market Position
Market Share: SLX holds a significant portion of the market share among steel-focused ETFs.
Total Net Assets (AUM): 58450000
Competitors
Key Competitors
- MTXX
Competitive Landscape
The steel ETF market is relatively concentrated, with SLX dominating. MTXX seeks to provide focused exposure to companies leading the global transformation of the steel industry, offering differentiation through its 'Future of Steel' thematic approach.
Financial Performance
Historical Performance: Historical performance data requires accessing current market data from financial sources.
Benchmark Comparison: Benchmark comparison requires accessing current market data from financial sources.
Expense Ratio: 0.56
Liquidity
Average Trading Volume
The average daily trading volume is moderate which makes it relatively liquid, but this can change, affecting price volatility.
Bid-Ask Spread
The bid-ask spread is generally competitive, which means transaction costs are low during liquid hours.
Market Dynamics
Market Environment Factors
Economic growth, infrastructure spending, trade policies, and global steel demand significantly impact the ETF's performance.
Growth Trajectory
Growth is influenced by infrastructure projects, global economic conditions, and trade regulations affecting the steel industry. The fund has a concentration in ArcelorMittal, and has seen changes in holdings based on index rebalancing.
Moat and Competitive Advantages
Competitive Edge
SLX's competitive edge lies in its brand recognition, established track record as a steel ETF, and relatively low expense ratio compared to actively managed funds. Its passive indexing strategy offers transparent exposure to the steel sector, making it a cost-effective option for investors seeking diversified exposure. VanEcku2019s reputation and distribution network further solidify its position. However, its concentration in specific companies can present certain risks.
Risk Analysis
Volatility
Volatility is influenced by fluctuations in steel prices, global economic conditions, and geopolitical events.
Market Risk
Specific risks include fluctuations in steel prices, trade wars, currency fluctuations (for international holdings), and cyclical downturns in the steel industry.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to the steel industry as a sector play, those with a higher risk tolerance due to sector-specific focus, and individuals with a positive outlook on global infrastructure development may find this ETF suitable.
Market Risk
SLX is more suitable for investors with a moderate to high risk tolerance looking for sector-specific exposure rather than passive index followers seeking broad market diversification. It is not best suited for conservative, risk-averse investors.
Summary
VanEck Steel ETF (SLX) offers targeted exposure to the global steel industry through a passive index-tracking strategy. Its performance is closely tied to economic growth, infrastructure spending, and trade policies. The ETF benefits from VanEck's brand reputation but faces risks associated with sector concentration and market volatility. It's suitable for investors with a specific interest in the steel sector and a higher risk tolerance seeking strategic allocation within their portfolio.
Peer Comparison
Sources and Disclaimers
Data Sources:
- VanEck Official Website
- ETFdb.com
- Yahoo Finance
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and after consulting with a qualified financial advisor. Market conditions can change rapidly, affecting the accuracy of the data.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About VanEck Steel ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the steel sector. Such companies may include small- and medium-capitalization companies and foreign and emerging market issuers. It may concentrate its investments in a particular industry or group of industries to the extent that the Steel Index concentrates in an industry or group of industries. The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.