(SLX) Steel - Overview
Etf: Steel, Mining, Iron, Metal, Global
Dividends
| Dividend Yield | 1.55% |
| Yield on Cost 5y | 3.40% |
| Yield CAGR 5y | -23.09% |
| Payout Consistency | 85.4% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 24.4% |
| Relative Tail Risk | -3.92% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.73 |
| Alpha | 45.43 |
| Character TTM | |
|---|---|
| Beta | 1.021 |
| Beta Downside | 1.021 |
| Drawdowns 3y | |
|---|---|
| Max DD | 27.39% |
| CAGR/Max DD | 0.66 |
Description: SLX Steel December 22, 2025
The VanEck Steel ETF (NYSE ARCA: SLX) allocates at least 80 % of its net assets to common stocks and depositary receipts of companies that operate in the steel industry. Its portfolio can include small- and mid-cap firms as well as issuers from foreign and emerging-market economies, and it is permitted to concentrate heavily in the steel sector, making it a non-diversified fund.
Key industry drivers that shape SLX’s performance include (1) global steel demand, which is closely tied to construction activity and automotive production; (2) the price of iron ore and coking coal, the primary inputs whose spot-price indices have shown a 12-month volatility band of roughly ±15 % as of Q3 2024; and (3) capacity utilization rates in major steel-producing regions-China’s utilization hovered around 78 % in 2024, while Europe’s averaged 71 %, indicating room for supply-side tightening that can boost margins for higher-quality producers.
If you want a more granular, data-driven view of SLX’s holdings, risk profile, and valuation multiples, consider checking ValueRay’s analytics for an independent, quantitative deep-dive.
What is the price of SLX shares?
Over the past week, the price has changed by +3.39%, over one month by +11.29%, over three months by +27.24% and over the past year by +57.35%.
Is SLX a buy, sell or hold?
What are the forecasts/targets for the SLX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 121.8 | 24% |
SLX Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 186.1m USD (186.1m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 186.1m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 186.1m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.68% (E(186.1m)/V(186.1m) * Re(9.68%) + (debt-free company))
Discount Rate = 9.68% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)