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Dividend Vision

SLX — VanEck Steel ETF

VanEck Steel ETF (SLX)

SLX pays a 1.22% distribution rate, annual, on a 0.55% expense ratio. Its Distribution Safety Score™ is 48 (Caution), giving a Safety-Adjusted Yield of 0.59%. Total return is 351.6% over the past 19.8 years, 364.2 points behind SPY at 715.8%. Its deepest 1-year drawdown was 16.3%.

VanEck Steel ETF tracks a modified market-capitalization weighted index of publicly traded steel and iron ore companies involved in mining, production, processing, fabrication, and recycling of steel products and related services. The fund carries a modest current distribution rate paid annually and has an expense ratio of 0.55%. It appeals to equity investors seeking exposure to the steel sector through a concentrated, non-diversified fund structure.

SLX key facts

Distribution Safety Score™
48 · Caution
Safety-Adjusted Yield
0.59%
Issuer
VanEck
Asset type
ETF
Asset class
Equity
Inception date
10/10/2006
Expense ratio
0.55%
Distribution rate
1.22%
Distribution frequency
Annual
Trailing yield
1.22%
Last close
$107.96
AUM
$175,748,632
Average volume
11500.0
Last dividend
$1.3160
Ex-dividend date
12/22/2025
Payment date
12/26/2025
Beta
1.31
P/E ratio
20.5512