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Morningstar

VanEck Steel ETF SLX

Morningstar Medalist Rating
Medalist Rating as of | See VanEck Investment Hub

Morningstar’s Analysis SLX

Will SLX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SLX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the SLX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of SLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

VanEck Steel ETF’s management team is just average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings SLX

More SLX Holdings
  • Current Portfolio Date
  • Equity Holdings 25
  • Bond Holdings 0
  • Other Holdings 1
  • % Assets in Top 10 Holdings 64.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Vale SA ADR

10.89
13,146,800
Basic Materials

Rio Tinto PLC ADR

10.74
12,967,194
Basic Materials

POSCO Holdings Inc ADR

6.97
8,414,722
Basic Materials

Nucor Corp

6.70
8,094,731
Basic Materials

United States Steel Corp

5.77
6,970,935
Basic Materials

Tenaris SA ADR

5.39
6,508,329
Energy

ATI Inc

4.69
5,659,054
Industrials

Steel Dynamics Inc

4.67
5,642,571
Basic Materials

Commercial Metals Co

4.53
5,471,967
Basic Materials

Reliance Steel & Aluminum Co

4.46
5,381,688
Basic Materials