SLX vs. FXN ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to First Trust Energy AlphaDEX Fund (FXN)
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
$66.69
Average Daily Volume
10,036
25
FXN
First Trust Energy AlphaDEX Fund
FXN Description
The investment seeks results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Energy Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the energy sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.Grade (RS Rating)
Last Trade
$18.16
Average Daily Volume
2,253,777
37
Performance
| Period | SLX | FXN |
|---|---|---|
| 30 Days | -6.49% | -3.45% |
| 60 Days | -5.00% | 0.49% |
| 90 Days | -7.50% | -4.06% |
| 12 Months | 7.33% | 18.38% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in FXN | Overlap |
|---|
SLX Overweight 25 Positions Relative to FXN
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | C | 11.4% | |
| VALE | F | 7.79% | |
| CRS | B | 7.51% | |
| NUE | D | 5.73% | |
| HCC | A | 5.39% | |
| ATI | D | 5.32% | |
| STLD | C | 4.7% | |
| CMC | C | 4.66% | |
| RS | D | 4.58% | |
| MT | D | 4.51% | |
| X | C | 4.47% | |
| GGB | D | 4.45% | |
| TX | D | 4.35% | |
| PKX | F | 4.17% | |
| TS | D | 4.08% | |
| CLF | D | 3.53% | |
| SID | F | 3.53% | |
| ROCK | F | 2.25% | |
| WS | C | 1.7% | |
| RDUS | F | 0.88% | |
| SXC | C | 0.88% | |
| USAP | D | 0.85% | |
| ASTL | F | 0.78% | |
| RYI | F | 0.74% | |
| ZEUS | F | 0.55% |
SLX Underweight 37 Positions Relative to FXN
| Symbol | Grade | Weight | |
|---|---|---|---|
| MRO | B | -4.93% | |
| EQT | D | -4.92% | |
| NOV | C | -4.73% | |
| CHK | D | -4.54% | |
| VLO | C | -4.41% | |
| OVV | C | -4.39% | |
| DINO | D | -4.27% | |
| FANG | C | -3.95% | |
| CVX | C | -3.88% | |
| RRC | D | -3.81% | |
| EOG | C | -3.81% | |
| CTRA | D | -3.77% | |
| DVN | C | -3.67% | |
| APA | D | -3.31% | |
| DTM | A | -2.98% | |
| FSLR | C | -2.9% | |
| KMI | A | -2.77% | |
| XOM | C | -2.54% | |
| OXY | C | -2.48% | |
| COP | D | -2.3% | |
| TRGP | A | -2.25% | |
| AR | D | -2.2% | |
| MPC | C | -2.2% | |
| HAL | F | -2.19% | |
| PSX | C | -2.19% | |
| WMB | A | -2.12% | |
| BKR | B | -2.01% | |
| OKE | A | -1.97% | |
| SLB | D | -1.68% | |
| TPL | B | -1.09% | |
| LNG | B | -0.91% | |
| AM | B | -0.9% | |
| FTI | C | -0.88% | |
| ENPH | F | -0.74% | |
| CHPT | F | -0.68% | |
| PLUG | F | -0.61% | |
| NFE | F | -0.59% |
SLX: Top Represented Industries & Keywords
FXN: Top Represented Industries & Keywords
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