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 56.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Nucor Corp | 7.48 | 11M | Basic Materials |
BHP Group Ltd ADR | 7.08 | 11M | Basic Materials |
Rio Tinto PLC ADR | 6.53 | 10M | Basic Materials |
Vale SA ADR | 5.88 | 9M | Basic Materials |
Steel Dynamics Inc | 5.62 | 9M | Basic Materials |
Reliance Inc | 5.40 | 8M | Basic Materials |
ArcelorMittal SA Depository Receipt | 5.22 | 8M | Basic Materials |
Nippon Steel Corp | 4.72 | 7M | Basic Materials |
Rio Tinto Ltd | 4.44 | 7M | Basic Materials |
Tenaris SA ADR | 4.21 | 6M | Energy |