David Barsan_

Steel ETF Can Solidify Your Portfolio

"Investors can buy individual stocks but they offer too little diversification."

This is arguably true, but you do not address the fact that, according to Van Eck's website, the top 4 holdings in this ETF are Rio Tinto, CVRD, Mittal and POSCO, constituting 45% of the portfolio. Is that enough diversification if you say one stock is too little?