What is SLX and what does it track?

VanEck Steel ETF (SLX) is an exchange-traded fund (ETF) providing diversified exposure to a basket of securities. ETFs trade on major stock exchanges like individual stocks, combining diversification with intraday flexibility.

How large is SLX in terms of assets under management?

SLX currently manages approximately $149.71M in assets. Larger funds typically benefit from higher liquidity and tighter bid-ask spreads, reducing trading costs.

Does SLX pay distributions or dividends?

SLX currently has a distribution yield of 3.24%. ETF distributions are typically paid monthly or quarterly and are passed through from income generated by the underlying holdings.

What are the costs of holding SLX?

SLX has an annual expense ratio (TER) of 0.56%. This fee is deducted directly from the fund's assets. Lower expense ratios are generally preferable, as costs compound over time. The portfolio turnover rate is 107%, reflecting how frequently holdings are replaced within a year.

What does the momentum analysis show for SLX?

The momentum analysis tracks the daily rate of change of SLX's smoothed price average. A consistently positive and rising value indicates the ETF's trend is gaining strength. A declining or negative value suggests the trend is weakening.

How often is the SLX data updated?

All data on this page is updated once per trading day after the US market closes, using official end-of-day prices.

SLX – VanEck Steel ETF

ETF

Natural Resources | Inception: 2006-10-10

Quick Stats

Trend Signal

$107.20

Last Close

Official EOD price – basis for all calculations

▲ Long

Swing Trend

Moving average structure confirms uptrend – bulls in control

+17.69%

Signal Edge

Moderate edge across 1 signals – signal performs above random, not exceptional

20.1

Trend Strength (ADX)

Moderate strength – trend forming, not confirmed

Last Trendchange Signal

03.08.26

Date

Signal entry date

$105.59

Entry Price

Closing price at signal date

Days Held

Trading days since signal

+2.24%

+10d

Return after 10 trading days

–

+20d

Not yet reached

–

+30d

Not yet reached

–

+60d

Not yet reached

Trend Overview

EMA21 Cross – Directional Shift Composite Score: -1 / 7

SLX has just crossed the 21-day EMA at $105.88, now trading above the line. Bulls have reclaimed a key reference. Whether this becomes a sustained move or a failed breakout depends on momentum confirming in the sessions ahead.

What to watch

The cross is a signal, not a confirmation. Watch for a successful retest of the EMA21 from above – that would be the higher-confidence entry.

Latest SLX Reports

Exchange Traded Funds - Signals SLX Signal Follow-Up – 10 Days: +2.24% Performance Review

Aug 15, 2026

Exchange Traded Funds - Signals SLX Signal Follow-Up +2.95% – 10 Days Review | StockBotty

Apr 22, 2026

Exchange Traded Funds - Signals SLX Trade Setup: 14.17% Edge with Clear Exit Rules

Apr 08, 2026

SLX Price Chart

Technical Trend Analysis

As of 21.08.2026 · Close: $107.20 · ATR14: $1.78

EMA21 Cross – Directional Shift Composite Score: -1 / 7

What to watch

The cross is a signal, not a confirmation. Watch for a successful retest of the EMA21 from above – that would be the higher-confidence entry.

Indicator	Signal	Detail
Swing Trend	▲ Long	Primary directional bias
Momentum	▼ Down · -2d	Strength: -0.19 – Fading
Trend Strength (ADX)	20.1 – Moderate	ADX38: 24.1
Volatility (HV30)	20.2% – Calm	HV90: 25.2% \| HV180: 25.4%
Vola Compression	None	Normal range
MA Structure	Golden Cross ✓	Stack: Fully aligned – bullish stack
EMA21 Distance	~0 ATR – Near line	EMA21: $105.88
GD200 Extension	6.3 ATR – Extended	GD20: -0.1 \| GD50: 1.7 \| GD100: 1.8

🟡 Downside Momentum Easing

Downward momentum has run -2 days but strength is decreasing (-0.19). The move may be exhausting.

🟡 Trend Strength – ADX14: 20.1 (Moderate)

Moderate trend strength. ADX38: 24.1. Sufficient for directional bias but not ideal for aggressive sizing.

🔻 Volatility Calm

HV30: 20.2% | HV90: 25.2% | HV180: 25.4%. Short-term vol is below its 90-day average. Calmer conditions favour tighter setups.

⭐ Golden Cross – Long-term Bullish

Golden Cross in place. GD50 $104.03 above GD200 $96.36 by 7.96%. Long-term structure is bullish. MA stack: Fully aligned – bullish stack.

⚡ EMA21 – Fresh Cross

Price has just crossed the 21-day EMA at $105.88, now trading above. Often marks a near-term directional shift.

📏 Extended Move

6.3 ATR from the 200-day SMA. The trend may be maturing. Disciplined stop management becomes increasingly important.

📐 Key Price Levels & ATR Distance

GD20: $107.31 (-0.1 ATR) | GD50: $104.03 (1.7 ATR) | GD100: $103.93 (1.8 ATR) | GD200: $96.36 (6.3 ATR). ATR14: $1.78.

Monthly Performance History

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2010	-15.12	2.63	12.79	-8.97	-9.58	-3.65	12.26	-7.75	5.21	0.20	-0.05	10.32	14.61
2011	-1.27	-1.61	3.34	-0.69	-4.73	2.07	-6.82	-13.77	-21.51	28.90	0.44	-4.40	-34.05
2012	9.83	-3.48	-4.45	-4.45	-19.78	8.80	-3.55	-2.66	6.21	0.11	-3.68	13.74	-1.00
2013	-3.29	-8.01	-2.85	-1.29	-2.96	-7.32	6.05	1.16	5.23	5.98	-0.83	6.56	0.49
2014	-7.42	4.01	4.72	-1.71	0.26	3.70	1.63	0.71	-7.93	-1.14	-6.67	-5.27	-24.90
2015	-9.80	5.44	-7.33	14.14	-7.52	-7.17	-11.10	-4.66	-11.49	9.89	-8.35	-8.68	-41.27
2016	-8.09	11.25	23.78	17.10	-15.87	10.53	13.47	-5.74	3.70	6.80	21.02	-3.43	99.21
2017	6.09	2.96	-8.79	-5.09	-4.27	5.04	5.29	5.09	-3.23	-0.71	-0.83	11.06	20.82
2018	3.55	-0.75	-8.02	7.15	0.00	-6.94	6.60	-6.80	7.21	-7.50	-8.08	-10.58	-22.46
2019	T 12.43	2.28	-0.56	-6.69	-6.80	T 9.07	-5.48	-9.78	T 6.81	T 3.08	2.13	4.43	9.86
2020	-11.84	-13.08	-27.41	T 13.15	13.29	4.06	T 5.37	5.36	-1.86	T 2.67	22.01	9.54	19.62
2021	-5.16	T 8.85	10.11	6.57	4.40	-5.37	T 5.10	-2.58	-11.86	1.36	-7.87	T 10.19	25.01
2022	-1.60	T 9.58	11.92	-9.93	2.35	T -21.24	9.72	T -0.88	-6.92	T 4.75	29.52	-7.29	21.85
2023	19.41	-4.14	-6.50	-4.80	-7.62	T 12.76	9.02	-3.44	-4.24	-2.92	T 10.37	3.55	29.53
2024	-4.98	T 1.39	2.40	-5.21	T 2.86	-6.05	T 5.14	-1.35	T 11.18	-4.88	T 5.79	-18.17	-19.98
2025	4.80	T 3.05	T 0.29	T -2.28	2.19	3.78	1.31	T 6.16	T 3.69	7.03	2.43	4.65	46.01
2026	8.80	6.38	-8.68	T 10.94	7.16	-11.84	8.90	T 1.52					24.06

T A T badge marks a Trendchange signal in that month. Hover for entry price.

Trendchange Signal History

The last 10 Trendchange signals for SLX:

Date	Entry Price	Days Held	+10d	+20d	+30d	+60d
03.08.26	$105.59	5d	+2.24%	+0%	+0%	+0%
08.04.26	$97.89	51d	+2.95%	+6.98%	+8.01%	+9.51%
05.09.25	$72.19	67d	+0.24%	+2.52%	+2.22%	+49.09%
28.08.25	$71.38	2d	-1.63%	+0%	+0%	+0%
28.04.25	$60.60	41d	+1.37%	+2.61%	+8.5%	+26.27%
19.03.25	$64.80	3d	-5.09%	-5.09%	-7.21%	+0%
10.02.25	$63.42	7d	-0.63%	-1.14%	+0.54%	+0%
26.11.24	$70.62	16d	-0.59%	-0.59%	-0.59%	-8.24%
06.11.24	$73.51	4d	-7.35%	-4.5%	+0%	+0%
24.09.24	$69.15	9d	+1.32%	-0.43%	-0.78%	+0%

Signal Statistics – Historical Edge

Calculated edge for SLX: 17.69%

Range	N	10d	20d	30d	60d	Signal
>20%	1	+20.22%	+32.96%	+35.56%	+70.59%	Hold
5-7%	2	+5.49%	+6.13%	+7.59%	+18.32%	Hold
3-5%	6	+3.71%	+3.02%	+3.53%	+4.05%	Close
1-3%	10	+1.89%	+4.65%	+10.05%	+17.9%	Hold
0-1%	3	+0.48%	+4.36%	+2.44%	+20.5%	Hold
-1-0%	5	-0.6%	-0.68%	-0.06%	-3.66%	Neg
-3-1%	6	-1.73%	+2.12%	+3.2%	+7.22%	Neg
-5-3%	2	-3.66%	+2.24%	+13.02%	+14.54%	Neg
-7-5%	2	-5.22%	-5.22%	-7.35%	+0%	Neg
-10-7%	2	-8.64%	-0.21%	+8.41%	+12.75%	Neg

Exit Rules: Stoploss: -10% | Close if below 0% after 10 days

📊

No Options Data Available

Options flow data for SLX is not yet tracked. Check back after the next market session.

About VanEck Steel ETF

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.

Fund Overview

Metric	Value
Assets under Management	$149.71 M
Expense Ratio	0.56%
Dividend Yield	3.24%
Portfolio Turnover	107%
YTD Return	832.65%
3-Year Return	19.75%
5-Year Return	16.62%

Sector Allocation

Sector	Weight
Materials	23.5%
Information Technology	5.6%
Energy	4.1%
Industrials	2.6%

Top 10 Holdings

Symbol	Company	Weight
RIO	RIO TINTO PLC ADR	8.27%
BHP	BHP GROUP LTD ADR	8.09%
VALE	VALE SA ADR	7.4%
NUE	NUCOR CORP	6.02%
MT	ARCELORMITTAL SA DEPOSITORY RECEIPT	4.68%
RS	RELIANCE INC	4.53%
PKX	POSCO HOLDINGS INC ADR	4.51%
STLD	STEEL DYNAMICS INC	4.48%
TS	TENARIS SA ADR	4.07%
CMC	COMMERCIAL METALS CO	1.83%

Frequently Asked Questions – VanEck Steel ETF (SLX)

Disclaimer: All trade history on this page reflects the author's personal trading activity only. This is not financial advice. Past performance is not indicative of future results. See our full Disclaimer.