SLX vs. NBSM ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to Neuberger Berman Small-Mid Cap ETF (NBSM)
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
$70.43
Average Daily Volume
10,339
26
NBSM
Neuberger Berman Small-Mid Cap ETF
NBSM Description
NBSM focuses on capital growth primarily through investments in small- and mid-cap firms. The fund seeks out undervalued companies with strong market positions and financial health, mainly in domestic markets with a minor proportion in foreign securities. Utilizing a bottom-up analysis, the fund manager identifies organizations they believe are valued below their intrinsic worth. Key considerations include historical returns, market niche, barriers to entry, and self-financing capabilities, emphasizing companies with established business operations over speculative growth prospects. NBSM aims to capitalize on market inefficiencies and manage risks through diversification and fundamental analysis. Furthermore, the manager also takes into account ESG factors into their decision making whenever applicable, aiming for a more comprehensive evaluation of potential investments. The fund may sell a security if it underperforms, reaches a set price or when better investment opportunities arise.Grade (RS Rating)
Last Trade
$27.37
Average Daily Volume
11,663
46
Performance
| Period | SLX | NBSM |
|---|---|---|
| 30 Days | 4.24% | 4.00% |
| 60 Days | 5.78% | 4.33% |
| 90 Days | 5.62% | 4.56% |
| 12 Months | 5.56% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in NBSM | Overlap |
|---|
SLX Overweight 26 Positions Relative to NBSM
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | D | 9.59% | |
| VALE | F | 7.51% | |
| TS | B | 5.99% | |
| NUE | C | 5.89% | |
| STLD | B | 5.77% | |
| HCC | B | 5.24% | |
| RS | B | 5.24% | |
| CRS | B | 5.22% | |
| MT | B | 5.14% | |
| CMC | B | 4.92% | |
| GGB | C | 4.38% | |
| TX | F | 4.23% | |
| X | B | 4.22% | |
| CLF | F | 3.99% | |
| ATI | C | 3.87% | |
| SID | F | 3.71% | |
| PKX | D | 3.39% | |
| WS | C | 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 | B | 0.54% |
SLX Underweight 46 Positions Relative to NBSM
| Symbol | Grade | Weight | |
|---|---|---|---|
| FICO | B | -4.27% | |
| EXP | B | -3.88% | |
| KEX | B | -3.67% | |
| WSO | A | -3.19% | |
| ITT | A | -3.11% | |
| VMI | B | -3.11% | |
| RYAN | A | -3.08% | |
| ATR | B | -2.93% | |
| RBC | A | -2.92% | |
| HAE | C | -2.9% | |
| TYL | B | -2.72% | |
| CNX | A | -2.68% | |
| TTEK | F | -2.46% | |
| CHE | D | -2.41% | |
| RLI | A | -2.33% | |
| CBU | B | -2.21% | |
| MKSI | C | -2.17% | |
| TTC | C | -2.12% | |
| CR | A | -2.09% | |
| GGG | B | -2.04% | |
| LFUS | D | -1.99% | |
| LECO | C | -1.99% | |
| TXRH | B | -1.94% | |
| ENTG | D | -1.88% | |
| CFR | B | -1.86% | |
| TECH | F | -1.81% | |
| NXST | C | -1.77% | |
| LSCC | D | -1.77% | |
| POWI | F | -1.59% | |
| TDW | F | -1.59% | |
| PB | B | -1.59% | |
| TSCO | D | -1.59% | |
| BSY | F | -1.54% | |
| SPSC | D | -1.51% | |
| CHD | A | -1.51% | |
| LNT | A | -1.49% | |
| ROL | B | -1.46% | |
| SSD | F | -1.37% | |
| ICLR | D | -1.21% | |
| MANH | D | -1.16% | |
| IBP | D | -1.15% | |
| BFAM | D | -1.14% | |
| FND | D | -1.09% | |
| AWI | A | -1.04% | |
| CNM | D | -0.99% | |
| CVLT | B | -0.51% |
SLX: Top Represented Industries & Keywords
NBSM: Top Represented Industries & Keywords
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