VanEck Steel ETF (SLX)

VanEck Steel ETF (SLX) is an exchange-traded fund in the Natural Resources category. It has $173.22M in assets, an expense ratio of 0.55% and a 1.22% dividend yield. The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The steel index is a modified market-capitalization weighted, float-adjusted index comprised of publicly traded companies primarily involved in mining and processing of iron ore, the production, processing, fabrication and recycling of steel products, the operation of steel production facilities and related services, and/or recycling of steel products. The fund is non-diversified.