Performance analysis of SLX (VANECK STEEL ETF)
Annual Return
Over the past 3 years, SLX has had an average annual return of +17.43%, underperforming the benchmark SPY, which returned +19.62% annual.
Over the past 5 years, SLX has had an average annual return of +14.94%, outperforming the benchmark SPY, which returned +12.73% annual.
Over the past 10 years, SLX has had an average annual return of +16.71%, outperforming the benchmark SPY, which returned +15.04% annual.
Since Oct 17, 2006, SLX has had an average annual return of +7.64%, underperforming the benchmark SPY, which returned +11.01% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +18.32% | +47.41% | -17.93% | +31.15% | +14.32% | +27.98% | +20.57% | +11.96% | -19.26% | +24.50% | +95.85% | -41.99% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||
| -26.28% | +4.19% | +4.73% | -32.93% | +19.65% | +112.82% | -63.78% | +84.40% | +10.38% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +10.78% | +7.52% | -9.17% | +12.64% | +7.19% | -11.23% | +2.02% | +18.32% | |||||
| 2025 | +4.19% | +2.18% | -1.19% | -2.23% | +2.90% | +6.93% | +2.87% | +4.46% | +1.95% | +9.49% | +1.89% | +6.58% | +47.41% |
| 2024 | -5.88% | +1.73% | +2.83% | -5.21% | +3.60% | -6.59% | +5.25% | -5.02% | +5.73% | -4.61% | +6.16% | -15.12% | -17.93% |
| 2023 | +17.55% | -2.90% | -3.45% | -4.53% | -8.56% | +14.95% | +10.49% | -4.68% | -2.66% | -4.45% | +11.63% | +8.46% | +31.15% |
| 2022 | -1.65% | +14.85% | +12.92% | -8.21% | +0.92% | -21.28% | +9.10% | -1.98% | -9.73% | +11.29% | +18.56% | -3.48% | +14.32% |
| 2021 | -3.14% | +12.31% | +14.93% | +6.04% | +6.76% | -1.92% | +4.55% | -3.58% | -11.61% | +1.99% | -7.74% | +9.95% | +27.98% |
| 2020 | -11.14% | -12.50% | -25.38% | +8.69% | +9.55% | +5.83% | +3.62% | +7.60% | +0.52% | +3.49% | +24.21% | +14.48% | +20.57% |
| 2019 | +13.86% | +1.01% | -0.20% | -3.55% | -8.95% | +11.39% | -4.67% | -12.63% | +4.05% | +1.71% | +6.53% | +6.20% | +11.96% |
| 2018 | +7.80% | -0.44% | -6.95% | +5.65% | -1.14% | -5.33% | +5.76% | -7.93% | +3.99% | -6.98% | -5.96% | -7.70% | -19.26% |
| 2017 | +9.32% | +3.75% | -5.82% | -5.77% | -3.82% | +5.22% | +6.91% | +3.69% | -1.12% | +0.42% | -0.05% | +11.08% | +24.50% |
Drawdown analysis of SLX (VANECK STEEL ETF)
The maximum drawdown for the SLX was -82.16%, occurring on Jan 25, 2016. Recovery took 1764 trading sessions.
The current SLX drawdown is -11.59%.
Since Oct 17, 2006 SLX has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 5 times
- 10% or more: 12 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -82.16% | May 16, 2008 | 1935 | Jan 25, 2016 | 1764 | Jan 26, 2023 | 3699 |
| -27.39% | Dec 27, 2023 | 320 | Apr 8, 2025 | 71 | Jul 22, 2025 | 391 |
| -23.73% | Jul 12, 2007 | 25 | Aug 16, 2007 | 22 | Sep 18, 2007 | 47 |
| -21.19% | Dec 10, 2007 | 29 | Jan 23, 2008 | 21 | Feb 22, 2008 | 50 |
| -20.93% | Mar 3, 2023 | 61 | May 31, 2023 | 37 | Jul 25, 2023 | 98 |
| -16.35% | Feb 11, 2026 | 26 | Mar 20, 2026 | 22 | Apr 22, 2026 | 48 |
| -15.61% | Jul 25, 2023 | 63 | Oct 23, 2023 | 28 | Dec 1, 2023 | 91 |
| -14.71% | Jun 2, 2026 | 20 | Jul 1, 2026 | Ongoing | Ongoing | Ongoing |
| -12.00% | Oct 29, 2007 | 19 | Nov 26, 2007 | 9 | Dec 7, 2007 | 28 |
| -11.43% | Feb 28, 2008 | 7 | Mar 10, 2008 | 18 | Apr 4, 2008 | 25 |
| -10.12% | Feb 26, 2007 | 5 | Mar 5, 2007 | 12 | Mar 21, 2007 | 17 |
| -10.02% | Jul 23, 2025 | 8 | Aug 4, 2025 | 43 | Oct 3, 2025 | 51 |
| -7.05% | Dec 5, 2006 | 20 | Jan 5, 2007 | 11 | Jan 23, 2007 | 31 |
| -6.54% | Jun 1, 2007 | 7 | Jun 12, 2007 | 14 | Jul 2, 2007 | 21 |
| -6.37% | Feb 1, 2023 | 16 | Feb 24, 2023 | 4 | Mar 2, 2023 | 20 |
| -5.85% | May 13, 2026 | 4 | May 19, 2026 | 4 | May 26, 2026 | 8 |
| -5.82% | Oct 29, 2025 | 16 | Nov 20, 2025 | 4 | Nov 26, 2025 | 20 |
| -5.17% | Oct 8, 2025 | 2 | Oct 10, 2025 | 6 | Oct 20, 2025 | 8 |
| -4.71% | Apr 21, 2008 | 6 | Apr 29, 2008 | 4 | May 5, 2008 | 10 |
| -4.58% | Oct 12, 2007 | 6 | Oct 22, 2007 | 4 | Oct 26, 2007 | 10 |
| -4.39% | Oct 1, 2007 | 3 | Oct 4, 2007 | 3 | Oct 9, 2007 | 6 |
| -4.05% | Nov 6, 2006 | 8 | Nov 16, 2006 | 3 | Nov 21, 2006 | 11 |
| -3.94% | Feb 6, 2007 | 3 | Feb 9, 2007 | 3 | Feb 14, 2007 | 6 |
| -3.83% | May 9, 2007 | 11 | May 24, 2007 | 3 | May 30, 2007 | 14 |
| -3.63% | Apr 8, 2008 | 4 | Apr 14, 2008 | 2 | Apr 16, 2008 | 6 |