(XME) S&P Metals Mining - Overview
ETF Category: Natural Resources | Exchange: NYSE ARCA (USA) | Market Cap: 5.305m USD | Total Return: 108.4% in 12m
Avg Turnover: 257M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The SPDR S&P Metals & Mining ETF (XME) tracks the S&P Metals & Mining Select Industry Index by investing at least 80% of its assets in constituent securities. The fund utilizes a sampling strategy to replicate the performance of the metals and mining segment within the broader S&P Total Market Index.
This ETF provides exposure to sub-industries including aluminum, coal, copper, gold, precious metals, and steel. Unlike many market-cap weighted funds, XME utilizes an equal-weighted methodology, which reduces concentration risk in mega-cap producers and increases sensitivity to mid-and small-cap companies within the extraction and production lifecycle.
The metals and mining sector is capital-intensive and highly sensitive to global industrial demand and commodity price fluctuations. Investors should evaluate specific company fundamentals on ValueRay to better understand underlying asset quality. As a non-diversified fund, XME may experience higher volatility due to its concentrated focus on a single industrial segment.
- Global industrial production levels dictate demand for steel and aluminum
- Infrastructure spending bills drive domestic demand for heavy manufacturing metals
- Fluctuations in metallurgical coal prices impact steel producer profit margins
- Federal environmental regulations increase operational costs for domestic mining facilities
- Global commodity price volatility correlates directly with underlying asset valuations
As of May 30, 2026, the stock is trading at USD 125.21 with a total of 1,806,138 shares traded.
Over the past week, the price has changed by +8.52%,
over one month by +9.25%,
over three months by +4.97% and
over the past year by +108.44%.
S&P Metals Mining has no consensus analysts rating.