8 Stock and 92 ETF SLX (VANECK STEEL ETF) alternatives
The most close SLX (VANECK STEEL ETF) alternative is ETF PICK (ISHARES MSCI GLOBAL METALS & MINING PRODUCERS ETF). The correlation is 0.9337.
Stocks that highly correlated with SLX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| MT | ArcelorMittal | $52B | Basic Materials | Steel | 0.85 |
| RIO | Rio Tinto plc | $153B | Basic Materials | Other Industrial Metals & Mining | 0.82 |
| VALE | Vale S.A. | $76B | Basic Materials | Other Industrial Metals & Mining | 0.82 |
| FCX | Freeport-McMoRan Inc | $88B | Basic Materials | Copper | 0.81 |
| GGB | Gerdau S.A. | $9.50B | Basic Materials | Steel | 0.80 |
| STLD | Steel Dynamics Inc | $34B | Basic Materials | Steel | 0.79 |
| BHP | BHP Group Ltd | $218B | Basic Materials | Other Industrial Metals & Mining | 0.79 |
| AA | Alcoa Corp | $13B | Basic Materials | Aluminum | 0.79 |