Steel ETF Showdown: SLX vs. PSTL By Don Dion About this article: In light of the continued global economic recovery, the Market Vectors Steel ETF has gained nearly 86% year-to-date for the period ending Nov. 6. While SLX investors have watched this fund nearly double, investors holding another steel ETF, the PowerShares Global Steel ETF , have only seen 51% gains. PSTL, like SLX, tracks a basket of mainly large global firms involved in the storage and production of steel and iron ore. SLX's 27 holdings are representative of the NYSE Arca Steel Index, while PSTL's 57 underlying securities seek to follow the Nasdaq OMX Global Steel Index. One striking difference between these two instruments is their geographic exposure. SLX has over 40% of its assets allocated to the U.S., while PSTL has only 12%. PSTL has a strong showing from Asia, with Japan and South Korea representing 21.5% and 11% of the fund, respectively. Asian... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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