SLX vs. UTES ETF Comparison
Comparison of Market Vectors Steel Index ETF Fund (SLX) to Reaves Utilities ETF (UTES)
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
UTES
Reaves Utilities ETF
UTES Description
ETFis Series Trust I - Reaves Utilities ETF is an exchange traded fund launched and managed by Virtus ETF Advisers LLC. The fund is co-managed by W. H. Reaves & Co., Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating in the utilities sector. It invests in dividend yielding stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stock picking approach with a focus on factors such as conservative capital structures, solid balance sheets, history of and/or potential for growing earnings and raising dividends, lower-than-market levels of volatility, correlation or similar characteristics earnings and cash flow potential, dividend prospects and tax treatment of dividends, strength of business franchises and estimates of net asset value to create its portfolio. ETFis Series Trust I - Reaves Utilities ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$66.41
Average Daily Volume
45,080
16
Performance
| Period | SLX | UTES |
|---|---|---|
| 30 Days | 11.08% | 17.90% |
| 60 Days | 8.85% | 27.27% |
| 90 Days | 3.73% | 26.78% |
| 12 Months | 14.18% | 70.18% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SLX | Weight in UTES | Overlap |
|---|
SLX Overweight 26 Positions Relative to UTES
| Symbol | Grade | Weight | |
|---|---|---|---|
| RIO | B | 10.04% | |
| 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
UTES: Top Represented Industries & Keywords
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