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Data as of .

REMX vs SLX: which is really different?

REMX and SLX hold 0% of their weight in the same names, and SLX returned more over the year.

VanEck Rare Earth and Strategic Metals ETF and VanEck Steel ETF.

7.6%REMX in the S&P 500
12.1%SLX in the S&P 500
+14.7%REMX total return, 1 year
+48.9%SLX total return, 1 year

ETFIQ Off-Index Score: REMX scores higher

How much of it is not the index it is sold as an alternative to?

REMX 91.8SLX 81.80.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

REMX92% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
8%92%inof its weight outside the S&P 500active share 100% · top ten 62% of the fund · 32 holdings filed Sep 17, 2026 · Nasdaq-100: 0% in8%92%8% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 62% of the fund
SLX88% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
12%88%inof its weight outside the S&P 500active share 100% · top ten 58% of the fund · 39 holdings filed Sep 17, 2026 · Nasdaq-100: 0% in12%88%inof its weight outside the S&P 500active share 100% · top ten 58% of the fund

0% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, REMX and SLX hold 0% of their money in the same securities at the same weight.

Only in each
Only in REMXOnly in SLX
Sociedad Quimica Y Minera De Chile Sa 7.93%Rio Tinto Plc 7.08%
Albemarle Corp 7.78%Bhp Group Ltd 7.05%
Pilbara Minerals Ltd 6.28%Vale Sa 6.74%
Mp Materials Corp 6.25%Nucor Corp 6.55%
Lynas Rare Earths Ltd 5.96%Arcelormittal Sa 5.91%
China Northern Rare Earth Group High-Te 5.76%Steel Dynamics Inc 5.12%
Xiamen Tungsten Co Ltd 4.95%Rio Tinto Ltd 4.74%
Jinduicheng Molybdenum Co Ltd 4.74%Nippon Steel Corp 4.72%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026.

Performance, window by window

REMX and SLX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
REMXSLXREMXSLXREMXSLX
3 months−27.7%+0.7%−30.0 pts−1.6 pts−25.2 pts+3.2 pts
6 months−12.7%+23.8%−30.7 pts+5.8 pts−36.9 pts−0.5 pts
1 year+14.7%+48.9%−1.9 pts+32.3 pts−7.1 pts+27.1 pts
3 years+3.6%+72.2%−74.8 pts−6.2 pts−94.6 pts−25.9 pts
Since launch−53.7%+176.7%−806.3 pts−626.8 pts−1534.3 pts−1513.5 pts
Open the live comparison on ETFIQ
REMX and SLX on the same fields, as of Sep 18, 2026. Source: ETFIQ.
REMX
VanEck Rare Earth and Strategic Metals ETF
Holds 32 stocks in rare earth and critical materials, 8% of its weight in S&P 500 companies
SLX
VanEck Steel ETF
Holds 39 stocks in miners and metals, 12% of its weight in S&P 500 companies
IssuerVanEckVanEck
ThemeRare earth and critical materialsMiners and metals
In the S&P 5007.6%12.1%
Active share vs the S&P 500100.0%99.9%
In the Nasdaq-1000.0%0.0%
Holdings3239
Top ten, share of the fund61.8%58.2%
Expense ratio0.53%0.55%
Fee for the differing part0.53%0.55%
Total return, 1 year+14.7%+48.9%
vs the S&P 500−1.9 pts+32.3 pts
vs the Nasdaq-100−7.1 pts+27.1 pts
Below its high−68.3%−6.6%
Net assets$2.0bn$167m

REMX in plain words

By weight, 8% of REMX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 62% of the fund across 32 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +14.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 1.9 pts. It sits 68.3% below its all-time high of Apr 11, 2011.

SLX in plain words

By weight, 12% of SLX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 58% of the fund across 39 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +48.9% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 32.3 pts. It sits 6.6% below its all-time high of Jun 2, 2026.

Questions people ask

Do REMX and SLX hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, REMX or SLX?
REMX has 8% of its weight in S&P 500 names and SLX has 12%, so REMX differs more from the index.
Which is cheaper, REMX or SLX?
REMX charges 0.53% a year and SLX charges 0.55%, so REMX is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

REMX against SLX, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, REMX against SLX, data as of Sep 18, 2026. https://etfiq.com/compare/themes/remx-vs-slx Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources