SLX stock forecast, quote, news & analysis

The most notable companies in this group are Vale SA (NYSE:VALE), Nucor Corp (NYSE:NUE), ArcelorMittal (NYSE:MT), United States Steel Corp (NYSE:X), Cleveland-Cliffs (NYSE:CLF).

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 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.

The average market capitalization across the VanEck Steel ETF ETF is 13.47B. The market cap for tickers in the group ranges from 409.55M to 102.85B. RIO holds the highest valuation in this group at 102.85B. The lowest valued company is USAP at 409.55M.

The average weekly price growth across all stocks in the VanEck Steel ETF ETF was -6%. For the same ETF, the average monthly price growth was -1%, and the average quarterly price growth was -7%. USAP experienced the highest price growth at 0%, while CLF experienced the biggest fall at -14%.

The average weekly volume growth across all stocks in the VanEck Steel ETF ETF was -46%. For the same stocks of the ETF, the average monthly volume growth was -2% and the average quarterly volume growth was 12%