Big Names Like Rio Tinto Boost Steel ETFs

After more than doubling last year to rank as one of 2016’s best-performing non-leveraged exchange traded funds, the VanEck Vectors Steel ETF (NYSEArca: SLX) is on a tear to start 2017 with a gain of more than 8%. SLX tries to reflect the performance of the NYSE Arca Steel Index, which follows global companies involved…Click to read more at ETFtrends.com.