SLX vs. IPAV ETF Comparison

Comparison of Market Vectors Steel Index ETF Fund (SLX) to Global X Infrastructure Development ex-U.S. ETF (IPAV)
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

$70.89

Average Daily Volume

10,032

Number of Holdings *

26

* may have additional holdings in another (foreign) market
IPAV

Global X Infrastructure Development ex-U.S. ETF

IPAV Description

Grade (RS Rating)

Last Trade

$25.49

Average Daily Volume

3,702

Number of Holdings *

4

* may have additional holdings in another (foreign) market
Performance
Period SLX IPAV
30 Days 6.46% 2.75%
60 Days 5.90%
90 Days 6.31%
12 Months 6.24%
2 Overlapping Holdings
Symbol Grade Weight in SLX Weight in IPAV Overlap
GGB C 4.38% 1.1% 1.1%
TS B 5.99% 2.03% 2.03%
SLX Overweight 24 Positions Relative to IPAV
Symbol Grade Weight
RIO D 9.59%
VALE F 7.51%
NUE C 5.89%
STLD B 5.77%
HCC B 5.24%
RS B 5.24%
CRS A 5.22%
MT B 5.14%
CMC B 4.92%
TX F 4.23%
X C 4.22%
CLF F 3.99%
ATI D 3.87%
SID F 3.71%
PKX F 3.39%
WS B 2.4%
ROCK C 2.37%
USAP B 1.34%
ASTL B 1.24%
SXC A 1.13%
ZEUS C 0.97%
RYI C 0.9%
MTUS C 0.69%
RDUS C 0.54%
SLX Underweight 2 Positions Relative to IPAV
Symbol Grade Weight
CNI D -2.8%
CX D -1.92%
Compare ETFs