SLX vs. GINX ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to SGI Enhanced Global Income ETF (GINX)
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
$69.76
Average Daily Volume
8,679
26
GINX
SGI Enhanced Global Income ETF
GINX Description
The fund is an actively-managed exchange-traded fund ("ETF") and seeks to achieve its objective by (1) actively investing in global companies that offer dividend income and that trade on U.S. stock exchanges and (2) investing in options strategies that seek to generate current income. The fund uses an actively traded put and call options strategy that choose deep out-of-the-money strike prices generally expiring within 1-7 days to generate income.Grade (RS Rating)
Last Trade
$26.89
Average Daily Volume
7,548
10
Performance
| Period | SLX | GINX |
|---|---|---|
| 30 Days | 11.08% | 2.58% |
| 60 Days | 8.85% | 8.39% |
| 90 Days | 3.73% | 2.62% |
| 12 Months | 14.18% |
1 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in GINX | Overlap | |
|---|---|---|---|---|---|
| RIO | B | 10.04% | 3.26% | 3.26% |
SLX Overweight 25 Positions Relative to GINX
| Symbol | Grade | Weight | |
|---|---|---|---|
| VALE | D | 8.27% | |
| CRS | B | 6.78% | |
| NUE | D | 5.57% | |
| MT | B | 5.14% | |
| ATI | C | 5.14% | |
| PKX | D | 4.96% | |
| RS | D | 4.81% | |
| STLD | C | 4.8% | |
| TS | D | 4.76% | |
| GGB | B | 4.6% | |
| SID | D | 4.53% | |
| CMC | D | 4.52% | |
| HCC | C | 4.18% | |
| X | F | 4.05% | |
| TX | D | 4.05% | |
| CLF | D | 3.54% | |
| ROCK | D | 2.33% | |
| WS | D | 1.81% | |
| USAP | C | 1.19% | |
| ASTL | C | 1.17% | |
| RDUS | D | 1.15% | |
| SXC | F | 0.79% | |
| RYI | D | 0.74% | |
| MTUS | F | 0.71% | |
| ZEUS | F | 0.48% |
SLX: Top Represented Industries & Keywords
GINX: Top Represented Industries & Keywords
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