SPDR S&P Metals & Mining ETF (XME)
| Assets | $1.90B |
| Expense Ratio | 0.35% |
| PE Ratio | 6.64 |
| Shares Out | 28.90M |
| Dividend (ttm) | $0.40 |
| Dividend Yield | 0.63% |
| Ex-Dividend Date | Sep 23, 2024 |
| Payout Ratio | 4.16% |
| 1-Year Return | +27.74% |
| Volume | 1,213,756 |
| Open | 64.27 |
| Previous Close | 64.54 |
| Day's Range | 63.26 - 64.76 |
| 52-Week Low | 48.77 |
| 52-Week High | 67.20 |
| Beta | 1.39 |
| Holdings | 37 |
| Inception Date | Jun 19, 2006 |
About XME
Fund Home PageThe SPDR S&P Metals & Mining ETF (XME) is an exchange-traded fund that mostly invests in materials equity. The fund tracks an equal-weighted index of US metals and mining companies. XME was launched on Jun 19, 2006 and is issued by State Street.
Top 10 Holdings
47.22% of assets| Name | Symbol | Weight |
|---|---|---|
| Alcoa Corporation | AA | 5.33% |
| Steel Dynamics, Inc. | STLD | 5.07% |
| Cleveland-Cliffs Inc. | CLF | 4.87% |
| Carpenter Technology Corporation | CRS | 4.83% |
| United States Steel Corporation | X | 4.63% |
| Freeport-McMoRan Inc. | FCX | 4.62% |
| Warrior Met Coal, Inc. | HCC | 4.55% |
| Reliance, Inc. | RS | 4.48% |
| Commercial Metals Company | CMC | 4.47% |
| Hecla Mining Company | HL | 4.38% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 23, 2024 | $0.10564 | Sep 25, 2024 |
| Jun 24, 2024 | $0.09609 | Jun 26, 2024 |
| Mar 18, 2024 | $0.10283 | Mar 21, 2024 |
| Dec 18, 2023 | $0.09619 | Dec 21, 2023 |
| Sep 18, 2023 | $0.16814 | Sep 21, 2023 |
| Jun 20, 2023 | $0.16346 | Jun 23, 2023 |
News
XME: Buy On Overblown Recession Fears
XME's recent weakness may be a buying opportunity as recession fears are likely overdone, with potential for a recovery rally post-election. XME tracks the S&P Metals and Mining Select Industry Index,...
XME: Dr. Copper Sending A Warning Diagnosis (Rating Downgrade)
Copper prices hit a two-month low amid concerns about global growth trade and a rising US Dollar Index. I am downgrading the SPDR S&P Metals & Mining ETF (XME) from buy to hold, as the fund is more ex...
XME ETF: Strong Performance As Gold Surges
SPDR® S&P Metals and Mining ETF is designed to track the performance of companies in the metals and mining industry, providing exposure to the global metals and mining industry. The XME ETF holds a di...
Buy These Stocks. Inflation Is Still on Its Way Down.
Cyclical companies could get a boost if the consumer price index for February, to be released next month, is lower than expected.
XME: The Time Is Right To Buy
The SPDR S&P Metals and Mining ETF goes through periods of significant underperformance punctuated by significant outperformance. Economic expansion and infrastructure development are reliable drivers...
KCI Research On REITs, Dividends And Contrarian Investing
Travis from KCI Research discusses being a contrarian investor and the importance of not chasing performance. REITs, yield and interest rates in 2024; advice for dividend investors.
Gold's move up is a commentary on the U.S. Dollar, says Strategas' Chris Verrone
Chris Verrone, Strategas, talks with the 'Fast Money' traders about gold, silver and copper prices climbing and what it says about the market.
XME: History Says It Will Likely See Strong Upside, Just Not Immediately
Steel manufacturing industry is changing due to government policies and the shift towards recycling old steel. Pre-manufactured metal buildings are driving the growth of the steel industry. Increasing...
XME: Largely A Steel Play That's Gaining Momentum
SPDR® S&P Metals and Mining ETF is an exchange-traded fund that provides exposure to the metals and mining industry, which is poised to benefit from infrastructure spending and renewable energy demand...
Manufacturing Spending Booms, XME A Possible (Inexpensive) Beneficiary
The SPDR S&P Metals and Mining ETF is recommended for investors seeking exposure to the metals and mining industry, including sub-industries like aluminum, coal, copper, and steel. Despite recent rela...
The SPDR S&P Metals and Mining ETF Is Not Diversified Enough
The SPDR S&P Metals and Mining ETF Is Not Diversified Enough
Is XME A Good ET - What To Consider?
The underlying conditions for the metal and mining industry look largely favorable. We examine XME's qualities in relation to its closest peer- PICK.
XME: The Rush Is On To Find Gold
SPDR S&P Metals and Mining ETF tracks US metals and mining companies. XME is focused mainly on non-energy extraction, but also holds some energy funds.
XME: 5 Questions, One Conclusion: Buy Metals And Mining
The energy industries have a stellar share price performance this year. One industry from the Materials sector shows a strong resemblance with the energy industries: Metals & Mining.
XME: Prospecting For Relative Strength And Attractive Valuation? Look No Further
Metals & mining stocks have been steadily beating the broad market. A move lower in the U.S. dollar recently is a new tailwind for this cyclical slice of the market.
XME: Resource Stocks Holding Up Despite Dire Macro Calls
The SPDR S&P Metals and Mining ETF remains above a key spot on the chart after a wild 2022 so far. While a soaring U.S. dollar is often a bad sign for resource equities, this year has seen both commod...
3 ETFs To Consider If Inflation Worsens
Inflation remains high and is not transitory. A high PPI level might indicate further CPI pressure in the coming months.
XME Benefits From Severe Commodity Supply Shortages
In this article, I discuss one of the most important macro risks and opportunities on the market as we're facing severe metal/commodity supply shortages. Mining companies have slashed CapEx in a time ...
Is This ETF Ready To Rally?
There's a chance that the SPDR S&P Metals and Mining ETF (NYSE: XME) may be about to rally. And it's because of seller's remorse.
XME: Simple Metals And Mining Index ETF, Cheap Valuation, Effective Inflation Hedge
Prices are skyrocketing, including the prices of most metals and ore. XME is a broad-based metals and mining index ETF and provides investors with a simple way to benefit from these trends.
11 Best Investments to Inflation-Proof Your Portfolio
Inflation continues to be one of the most pressing concerns on both Main Street and Wall Street. And with little relief expected in the short-term, people who haven't already padded their portfolios w...