Where to Look for Value in Steel ETFs
September 12, 2017 at 10:40 AM EDT
The VanEck Vectors Steel ETF (NYSEArca: SLX) is up about 15% year-to-date and resides just 3% below its recent highs, but some market observers are pondering the value proposition currently being offered by steel equities. SLX tries to reflect the performance of the NYSE Arca Steel Index, which...