SLX vs. PWER ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to Macquarie Energy Transition ETF (PWER)
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
$70.62
Average Daily Volume
8,750
26
PWER
Macquarie Energy Transition ETF
PWER Description
The ETF seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in a diversified portfolio of securities in the energy, materials, industrial, renewable energy, and utilities sectors that meet the fund"s investment criteria.Grade (RS Rating)
Last Trade
$29.00
Average Daily Volume
798
7
Performance
| Period | SLX | PWER |
|---|---|---|
| 30 Days | 6.04% | 1.22% |
| 60 Days | 7.84% | 9.15% |
| 90 Days | 4.02% | 2.08% |
| 12 Months | 12.63% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in PWER | Overlap |
|---|
SLX Overweight 26 Positions Relative to PWER
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | A | 9.66% | |
| VALE | C | 8.06% | |
| CRS | B | 6.54% | |
| NUE | D | 5.75% | |
| ATI | B | 5.19% | |
| PKX | D | 5.11% | |
| RS | D | 5.03% | |
| MT | B | 4.91% | |
| GGB | C | 4.81% | |
| TS | D | 4.7% | |
| CMC | C | 4.59% | |
| STLD | C | 4.59% | |
| X | F | 4.48% | |
| SID | D | 4.35% | |
| TX | D | 4.05% | |
| HCC | D | 3.83% | |
| CLF | D | 3.54% | |
| ROCK | D | 2.49% | |
| WS | D | 1.97% | |
| ASTL | B | 1.25% | |
| USAP | B | 1.2% | |
| RDUS | D | 1.08% | |
| SXC | F | 0.79% | |
| MTUS | F | 0.78% | |
| RYI | F | 0.77% | |
| ZEUS | F | 0.51% |
SLX: Top Represented Industries & Keywords
PWER: Top Represented Industries & Keywords
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