ETFs by Holding
ETFs That Hold Steel Dynamics (STLD)
Every fund in our data that holds STLD as a top-10 position, with each fund's yield, fees and assets.
Holdings as of Oct 16, 2026 · 15 funds
Our holdings data as of Oct 16, 2026 lists 15 funds that hold STLD as a top-10 position. MINY (YieldMax Strategic Metals & Mining Portfolio Option Income ETF) has the largest weighting at 5.3%.
By dollars invested, XLB holds the most STLD: about $353M, 4.6% of its $7.7B in assets.
15 of the 15 funds pay a distribution; the highest current rate is MINY at 31.82%. STLD itself pays a quarterly dividend yielding 0.88%.
Largest STLD holders by dollars invested
Diversified funds ranked by how much STLD they own: assets under management times the STLD weighting. A broad index fund with a modest weighting often owns more STLD than every concentrated fund combined, so this order differs from the weighting table below. Leveraged and single-stock funds are left out because their reported weight is swap notional or a cash sleeve, not dollars of STLD.
| Fund | Name | STLD held | STLD weight | AUM |
|---|---|---|---|---|
| XLB | Materials Select Sector SPDR Fund | $353M | 4.57% | $7.7B |
| XME | SPDR S&P Metals & Mining ETF | $214M | 5.08% | $4.2B |
| IYM | iShares U.S. Basic Materials ETF | $41M | 3.03% | $1.3B |
| FXZ | First Trust Materials AlphaDEX® Fund | $19M | 5.00% | $372M |
| FMAT | Fidelity® MSCI Materials Index ETF | $13M | 2.21% | $574M |
| SLX | VanEck Steel ETF | $8M | 5.10% | $159M |
| RSPM | Invesco S&P 500 Equal Weight Materials ETF | $7M | 4.29% | $172M |
| PPI | Astoria Real Asset ETF | $3M | 1.87% | $159M |
| METL | Sprott Active Metals & Miners ETF | $3M | 3.43% | $74M |
| CCSO | Carbon Collective Climate Solutions U.S. Equity ETF | $2M | 3.36% | $45M |
Funds with the most STLD by weighting
Every fund in the data, sorted by STLD weight. Click any header to re-sort, or open a fund for its full analysis.
| Fund | Name | STLD weight | Strategy | Distribution rate | Expense ratio | AUM | Distribution Safety Score™ |
|---|---|---|---|---|---|---|---|
| MINY | YieldMax Strategic Metals & Mining Portfolio Option Income ETF | 5.30% | Covered call | 31.82% | 1.01% | $9M | 26 |
| SLX | VanEck Steel ETF | 5.10% | — | 1.28% | 0.55% | $159M | 79 |
| XME | SPDR S&P Metals & Mining ETF | 5.08% | — | 0.29% | 0.35% | $4.2B | 57 |
| FXZ | First Trust Materials AlphaDEX® Fund | 5.00% | — | 1.30% | 0.64% | $372M | 84 |
| XLB | Materials Select Sector SPDR Fund | 4.57% | — | 1.80% | 0.08% | $7.7B | 92 |
| RSPM | Invesco S&P 500 Equal Weight Materials ETF | 4.29% | — | 1.85% | 0.40% | $172M | 100 |
| UYM | ProShares Ultra Basic Materials | 3.44% | Leveraged | 1.19% | 0.95% | $35M | 69 |
| METL | Sprott Active Metals & Miners ETF | 3.43% | — | 1.07% | 0.99% | $74M | 50 |
| CCSO | Carbon Collective Climate Solutions U.S. Equity ETF | 3.36% | — | 0.64% | 0.35% | $45M | 50 |
| IYM | iShares U.S. Basic Materials ETF | 3.03% | — | 1.28% | 0.37% | $1.3B | 83 |
| COWS | Amplify Cash Flow Dividend Leaders ETF | 3.00% | — | 1.32% | 0.19% | $41M | 71 |
| NRES | Xtrackers RREEF Global Natural Resources ETF | 2.64% | — | 1.25% | 0.45% | $35M | 95 |
| FMAT | Fidelity® MSCI Materials Index ETF | 2.21% | — | 1.40% | 0.08% | $574M | 96 |
| PPI | Astoria Real Asset ETF | 1.87% | — | 1.34% | 0.57% | $159M | 71 |
| PSAI | Pacer S&P 500 3AI TOP 100 ETF | 1.28% | — | 0.09% | 0.60% | $2M | 50 |
How to read this list
- Holdings come from each fund's ten largest positions. A fund that holds STLD at a smaller weight is not listed.
- Weights are as reported by each fund on or before Oct 16, 2026 and move with prices between reports. Distribution rates are annualized from each fund's latest payment.
- This is a list of exposure, not a recommendation. Open any fund for its full record.
Frequently asked questions
Which ETF has the most STLD?
MINY has the largest STLD weighting in our data as of Oct 16, 2026, at 5.3%.
Which ETF holds the most STLD in dollars?
XLB holds about $353M of STLD: 4.6% of $7.7B in assets. A fund's weighting says how much of that fund is STLD; the dollar figure says how much STLD the fund owns, which is why a large index fund with a modest weighting can own more than every concentrated fund on the list.
How many ETFs hold STLD?
15 funds hold STLD as one of their ten largest positions in our data. Many more broad index funds hold it at smaller weights, which our top-10 holdings data does not cover.
Which ETFs that hold STLD pay a dividend?
15 of the funds on this list pay a distribution. The highest current rates are MINY (31.82%), RSPM (1.85%), XLB (1.80%). Sort the table by distribution rate to see the rest.
Does STLD pay a dividend?
Yes. Steel Dynamics pays a quarterly dividend with a current yield of 0.88%.