SLX icon

VanEck Steel ETF

66.97 USD
-1.09
1.60%
At close Aug 1, 4:00 PM EDT
1 day
-1.60%
5 days
-6.66%
1 month
-0.31%
3 months
10.60%
6 months
10.88%
Year to date
15.23%
1 year
-0.80%
5 years
129.51%
10 years
151.48%
0
Funds holding %
of 7,327 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

4.78% less ownership

Funds ownership: 35.2% [Q4 2024] → 30.42% (-4.78%) [Q1 2025]

16% less capital invested

Capital invested by funds: $27.4M [Q4 2024] → $23M (-$4.37M) [Q1 2025]

16% less funds holding

Funds holding: 43 [Q4 2024] → 36 (-7) [Q1 2025]

50% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 12

59% less call options, than puts

Call options by funds: $80K | Put options by funds: $197K

69% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 13

Research analyst outlook

We haven’t received any recent analyst ratings for SLX.

Financial journalist opinion

Positive
Zacks Investment Research
2 weeks ago
Sector ETFs to Lose/Win From Oil Price Rebound
Oil rebounded on strong demand signals and easing trade tensions, boosting XOP and SLX while pressuring XRT, CRAK, JETS, and GDX.
Sector ETFs to Lose/Win From Oil Price Rebound
Negative
Barrons
1 month ago
Steel Stocks Slide. Blame Trump's TACO Tuesday.
Bloomberg reported Tuesday that a quota deal with Mexico would let some steel imports enter the U.S. tariff-free.
Steel Stocks Slide. Blame Trump's TACO Tuesday.
Negative
WSJ
1 month ago
Trump's New Steel Tariffs Look Vulnerable to a Courtroom Challenge
Increase is piggybacking on seven-year-old findings. Are they too stale?
Trump's New Steel Tariffs Look Vulnerable to a Courtroom Challenge
Neutral
Fast Company
1 month ago
Trump's 50% tariffs on steel and aluminum are imminent. Here's what to know
U.S. President Donald Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% on Wednesday, a move that would hammer businesses from automakers to home builders, and likely push up prices for consumers.Foreign-made steel and aluminum is used in household products like soup cans and paper clips as well as big-ticket items like a stainless-steel refrigerators and cars. Economists warn that the latest tariffs will significantly squeeze the wallets of both companies and shoppers alike.Here's what we know.
Trump's 50% tariffs on steel and aluminum are imminent. Here's what to know
Neutral
NYTimes
1 month ago
Trump Doubles Steel and Aluminum Tariffs
The president ratcheted up the rate on foreign metals to 50 percent, saying the former levies weren't high enough to help the U.S. industry.
Trump Doubles Steel and Aluminum Tariffs
Neutral
Schwab Network
1 month ago
Tariffs "Reinforce" U.S. Steelmakers at Risk of Higher Prices, Aluminum a Different Story
Donald Marleau says President Trump's increased tariffs on steel and aluminum will give more power to U.S. steelmakers but notes they will likely pass prices onto consumers. He points to historical stock prices and credit quality trends for steelmakers to show how companies like Cleveland-Cliffs (CLF) and Steel Dynamics (STLD) will likely handle tariff volatility.
Tariffs "Reinforce" U.S. Steelmakers at Risk of Higher Prices, Aluminum a Different Story
Neutral
Barrons
1 month ago
Trump Signs Order Doubling Steel, Aluminum Tariffs, Citing National Security
He initially announced the move last Friday while visiting a U.S. Steel factory in Pennsylvania.
Trump Signs Order Doubling Steel, Aluminum Tariffs, Citing National Security
Neutral
CNBC Television
1 month ago
Pres. Trump signs order raising tariffs on steel & aluminum imports to 50%
CNBC's Eamon Javers joins 'Closing Bell Overtime' with a tariff update from the White House lawn.
Pres. Trump signs order raising tariffs on steel & aluminum imports to 50%
Negative
Market Watch
1 month ago
Trump signs order imposing 50% tariffs for steel, aluminum. Why economists are dismayed.
The White House said Tuesday that President Donald Trump has signed an executive order to double tariffs on imported steel and aluminum to 50% from 25%.
Trump signs order imposing 50% tariffs for steel, aluminum. Why economists are dismayed.
Neutral
Bloomberg Markets and Finance
1 month ago
What Trump's 50% Tariffs Mean for the Steel Industry
President Donald Trump said he will double tariffs on aluminum and steel, sending futures for the metals surging higher. Steel Manufacturers Association Government Affairs Vice President Brandon Farris discusses the impact of the tariffs and an expected deal between US Steel and Japan's Nippon Steel Corp.
What Trump's 50% Tariffs Mean for the Steel Industry
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