VanEck Steel ETF Price & Performance (SLX)

Gold ETFs continue to rise, with VanEck Gold Miners ETF (GDX) reaching a 52-week high. This growth is fueled by gold's price surpassing $3,000, driven by trade disputes and recession concerns. Investors are eyeing further gains as the ETF has shown significant momentum and volatility, indicating potential for continued growth.123

Steel and aluminum ETFs are experiencing volatility following President Trump's announcement of a 50% tariff on Canadian imports. Domestic-focused funds like VanEck Steel ETF (SLX) gained, while broader industry ETFs faced pressure. The market remains divided on the tariffs' long-term effects, with industries reliant on these materials expressing concerns over rising costs.456

Atria Investments Inc drastically reduced its stake in VanEck Floating Rate ETF (FLTR), cutting holdings by 96.8% in Q4. This move comes as the ETF's price remains stable, trading near its 12-month high of $25.58. Other institutional investors have shown mixed activity, with some increasing their positions in the fund.78