VanEck Steel ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
VanEck Steel ETF SLX
Morningstar’s Analysis SLX
Will SLX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 57.6
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
BHP Group Ltd ADR | 7.56 | 12M | Basic Materials |
Vale SA ADR | 7.19 | 11M | Basic Materials |
Rio Tinto PLC ADR | 7.02 | 11M | Basic Materials |
Nucor Corp | 6.26 | 10M | Basic Materials |
ArcelorMittal SA Depository Receipt | 5.49 | 9M | Basic Materials |
Steel Dynamics Inc | 5.42 | 9M | Basic Materials |
Nippon Steel Corp | 4.83 | 8M | Basic Materials |
Rio Tinto Ltd | 4.80 | 8M | Basic Materials |
Reliance Inc | 4.59 | 7M | Basic Materials |
Fortescue Ltd | 4.46 | 7M | Basic Materials |