# VanEck Steel ETF (SLX)

> Source: Nexqual · https://nexqual.com/SLX · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, VanEck Steel ETF (SLX), nexqual.com/SLX" · informational, not investment advice.

**Price:** USD 100.04 (+0.08% on the day) · last close of Oct 23, 2026; US market after hours, not a live price. Prev close 99.96 · day 99.17–100.43 · 52w 75.35–114 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y +30.5% vs S&P 500 +13.4%; 5Y +116.5% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +30.5% | +116.5% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +30.6% | +16.7% |
| Volatility (annualized) | 24.2% | 27.6% |
| Max drawdown | -16.4% (Feb 2026→Mar 2026) | -31.9% (Mar 2022→Jul 2022) |

## Peers
XME (State Street SPDR S&P Metals & ) USD 96.37 -0.23% · MOO (VanEck Agribusiness ETF) USD 81.69 +0.53% · DBB (Invesco DB Base Metals Fund) USD 24.88 +1.10% · DBA (Invesco DB Agriculture Fund) USD 27.87 -0.18% · MXI (iShares Global Materials ETF) USD 106.04 -0.77%

## More
Full page: https://nexqual.com/SLX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 28.1% | ±6.5% |
| 2026-12-18 | 56 | 27.1% | ±8.7% |
| 2027-03-19 | 147 | 26.7% | ±13.5% |
| 2027-06-17 | 237 | 25.5% | ±16.2% |