NYSE ARCA | ETF
The fund normally invests at least 80% of its total assets in securities that comprise the fund"s benchmark index.
The steel index is a modified market-capitalization weighted, float-adjusted index comprised of publicly traded companies primarily involved in mining and processing of iron ore, the production, processing, fabrication and recycling of steel products, the operation of steel production facilities and related services, and/or recycling of steel products.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| BHP | BHP Group Limited | Basic Materials | Other Industrial Metals & Mining | 8.06% |
| RIO | Rio Tinto ADR | Basic Materials | Other Industrial Metals & Mining | 7.93% |
| NUE | Nucor Corp | Basic Materials | Steel | 7.17% |
| RIO | RIO Tinto Ltd | Basic Materials | Other Industrial Metals & Mining | 6.76% |
| VALE | Vale SA ADR | Basic Materials | Other Industrial Metals & Mining | 6.43% |
| X | United States Steel Corporation | Basic Materials | Steel | 5.80% |
| PKX | POSCO Holdings Inc | Basic Materials | Steel | 5.35% |
| CRS | Carpenter Technology Corporation | Industrials | Metal Fabrication | 5.26% |
| STLD | Steel Dynamics Inc | Basic Materials | Steel | 5.22% |
| ATI | Allegheny Technologies Incorporated | Industrials | Metal Fabrication | 5.17% |
| FMG | Fortescue Ltd | Basic Materials | Other Industrial Metals & Mining | 5.17% |
| MT | ArcelorMittal SA ADR | Basic Materials | Steel | 5.17% |
| HCC | Warrior Met Coal Inc | Basic Materials | Coking Coal | 4.99% |
| 5412 | Posco | 4.87% | ||
| RS | Reliance Steel & Aluminum Co | Basic Materials | Steel | 4.69% |
| TS | Tenaris SA ADR | Energy | Oil & Gas Equipment & Services | 3.67% |
| 5401 | Nippon Steel Corp | Basic Materials | Steel | 3.51% |
| ROCK | Gibraltar Industries Inc | Industrials | Building Products & Equipment | 3.26% |
| 2002 | China Steel Corp | Basic Materials | Steel | 2.67% |
| BSL | Bluescope Steel Ltd | Basic Materials | Steel | 2.23% |