SLX vs. FBZ ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to First Trust Brazil AlphaDEX Fund (FBZ)
SLX
Market Vectors Steel Index ETF Fund
SLX Description
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 American depositary receipts ("ADRs") of companies involved in the steel industry. Such companies may include medium-capitalization companies and foreign issuers. The fund may also utilize convertible securities and participation notes to seek performance that corresponds to the Steel Index. It is non-diversified.
Grade (RS Rating)
Last Trade
$70.72
Average Daily Volume
10,409
26
FBZ
First Trust Brazil AlphaDEX Fund
FBZ Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the Defined Brazil Index. The fund normally invests at least 90% of its net assets plus the amount of any borrowings for investment purposes in stocks that comprise the index. The index is a modified equal-dollar weighted index designed by S&P to objectively identify and select stocks from the S&P Brazil BMI Index that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$10.39
Average Daily Volume
1,493
9
Performance
Period | SLX | FBZ |
---|---|---|
30 Days | 2.50% | -2.91% |
60 Days | 4.99% | -6.20% |
90 Days | 6.41% | -7.02% |
12 Months | 4.58% | -3.18% |
SLX Overweight 24 Positions Relative to FBZ
Symbol | Grade | Weight | |
---|---|---|---|
RIO | D | 9.59% | |
TS | B | 5.99% | |
NUE | D | 5.89% | |
STLD | B | 5.77% | |
HCC | B | 5.24% | |
RS | B | 5.24% | |
CRS | A | 5.22% | |
MT | C | 5.14% | |
CMC | B | 4.92% | |
TX | F | 4.23% | |
X | C | 4.22% | |
CLF | F | 3.99% | |
ATI | C | 3.87% | |
SID | D | 3.71% | |
PKX | F | 3.39% | |
WS | B | 2.4% | |
ROCK | D | 2.37% | |
USAP | B | 1.34% | |
ASTL | B | 1.24% | |
SXC | A | 1.13% | |
ZEUS | C | 0.97% | |
RYI | C | 0.9% | |
MTUS | D | 0.69% | |
RDUS | C | 0.54% |
SLX: Top Represented Industries & Keywords
FBZ: Top Represented Industries & Keywords