SLX vs. RSHO ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to Tema American Reshoring ETF (RSHO)
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
$68.11
Average Daily Volume
10,506
26
RSHO
Tema American Reshoring ETF
RSHO Description
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, common and preferred stocks of publicly listed companies domiciled in the United States that are directly or indirectly economically tied to the rebuilding, bringing back of overseas economic activity, and revitalization of the American (i.e., United States) industrial base ("reshoring companies"). The fund is non-diversified.Grade (RS Rating)
Last Trade
$39.78
Average Daily Volume
26,910
25
Performance
Period | SLX | RSHO |
---|---|---|
30 Days | -0.55% | 2.81% |
60 Days | 4.66% | 9.52% |
90 Days | 4.23% | 10.98% |
12 Months | 4.17% | 38.62% |
1 Overlapping Holdings
Symbol | Grade | Weight in SLX | Weight in RSHO | Overlap | |
---|---|---|---|---|---|
ATI | D | 3.78% | 2.78% | 2.78% |
SLX Overweight 25 Positions Relative to RSHO
Symbol | Grade | Weight | |
---|---|---|---|
RIO | F | 9.53% | |
VALE | F | 7.62% | |
NUE | D | 5.98% | |
STLD | B | 5.78% | |
TS | A | 5.62% | |
HCC | B | 5.61% | |
RS | B | 5.09% | |
MT | B | 4.99% | |
CRS | A | 4.96% | |
CMC | B | 4.85% | |
X | D | 4.56% | |
CLF | F | 4.37% | |
GGB | B | 4.25% | |
TX | F | 4.12% | |
SID | F | 3.76% | |
PKX | F | 3.64% | |
WS | B | 2.42% | |
ROCK | C | 2.31% | |
USAP | B | 1.26% | |
ASTL | B | 1.25% | |
SXC | A | 1.09% | |
ZEUS | C | 0.94% | |
RYI | B | 0.87% | |
MTUS | F | 0.71% | |
RDUS | C | 0.57% |
SLX Underweight 24 Positions Relative to RSHO
Symbol | Grade | Weight | |
---|---|---|---|
AIT | A | -5.9% | |
ETN | A | -5.18% | |
PRIM | A | -5.11% | |
ROK | A | -5.09% | |
CLH | C | -4.6% | |
IR | A | -4.43% | |
FAST | B | -4.32% | |
FLR | B | -3.91% | |
VMC | B | -3.84% | |
PH | A | -3.74% | |
CAT | B | -3.39% | |
HRI | B | -3.19% | |
FSS | C | -3.1% | |
ABBV | F | -3.09% | |
LIN | D | -2.88% | |
WCC | A | -2.79% | |
EMR | A | -2.72% | |
DHR | D | -2.61% | |
ALLE | D | -2.53% | |
UNP | D | -2.25% | |
TEX | D | -2.14% | |
APG | C | -2.06% | |
TKR | F | -1.85% | |
TSM | B | -1.48% |
SLX: Top Represented Industries & Keywords
RSHO: Top Represented Industries & Keywords