TBLU vs. SLX ETF Comparison
Comparison of Tortoise Global Water ESG Fund (TBLU) to Market Vectors Steel Index ETF Fund (SLX)
TBLU
Tortoise Global Water ESG Fund
TBLU Description
The investment seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise Global Water ESG Net Total Return IndexSM. The fund will normally invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the types of securities suggested by its name (i.e., Water Companies). The index is a proprietary rules-based, modified market capitalization weighted, float adjusted index designed to track the overall performance of equity securities of global Water Companies listed on developed country exchanges. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$42.95
Average Daily Volume
4,107
22
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
Performance
Period | TBLU | SLX |
---|---|---|
30 Days | -1.99% | 4.24% |
60 Days | 4.49% | 5.78% |
90 Days | 16.24% | 5.62% |
12 Months | 5.56% |
0 Overlapping Holdings
Symbol | Grade | Weight in TBLU | Weight in SLX | Overlap |
---|
TBLU Overweight 22 Positions Relative to SLX
TBLU Underweight 26 Positions Relative to SLX
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% |
TBLU: Top Represented Industries & Keywords
SLX: Top Represented Industries & Keywords