Is there a futures contract that mirrors the moves in the steel index which contains nue, x, etc..? I looked all over on cbot, cme, and nymex. I only see silver and gold...Is there even such a thing?
XUI for gold it is a index that have gold companies that do not hedge their output more than 15 months, AEM is one of their component
The reason it's thinly traded is that they're a ripoff. ETF's are for retail dummies and bag-holders. You're giving any potential profit to the specialist/market makers. Trade the underlying in an efficient manner or these exchanges/MM's/specialist/ETF blood suckers will eat you alive.