SPDR S&P Metals & Mining ETF (XME)
| Assets | $3.24B |
| Expense Ratio | 0.35% |
| PE Ratio | 26.15 |
| Shares Out | 32.20M |
| Dividend (ttm) | $0.32 |
| Dividend Yield | 0.33% |
| Ex-Dividend Date | Sep 22, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 8.64% |
| Volume | 464,287 |
| Open | 99.03 |
| Previous Close | 98.30 |
| Day's Range | 97.70 - 99.30 |
| 52-Week Low | 45.89 |
| 52-Week High | 111.09 |
| Beta | 1.29 |
| Holdings | 34 |
| 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
50.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Centrus Energy Corp. | LEU | 6.75% |
| Alcoa Corporation | AA | 5.18% |
| Cleveland-Cliffs Inc. | CLF | 5.05% |
| Coeur Mining, Inc. | CDE | 4.98% |
| Steel Dynamics, Inc. | STLD | 4.94% |
| Uranium Energy Corp. | UEC | 4.92% |
| Hecla Mining Company | HL | 4.73% |
| Core Natural Resources, Inc. | CNR | 4.51% |
| Warrior Met Coal, Inc. | HCC | 4.47% |
| Peabody Energy Corporation | BTU | 4.47% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 22, 2025 | $0.10075 | Sep 24, 2025 |
| Jun 23, 2025 | $0.09044 | Jun 25, 2025 |
| Mar 24, 2025 | $0.06875 | Mar 26, 2025 |
| Dec 23, 2024 | $0.06469 | Dec 26, 2024 |
| Sep 23, 2024 | $0.10564 | Sep 25, 2024 |
| Jun 24, 2024 | $0.09609 | Jun 26, 2024 |
Performance
XME had a total return of 51.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.57%.
News
Consider The XME ETF For Rising Metals Prices
The SPDR® S&P Metals and Mining ETF offers diversified, liquid exposure to rising metals prices, with a strong bullish trend since 2020. XME has rallied 471% from its March 2020 low, benefiting from s...
XME: Materials Dashboard For September
This article provides a top-down analysis of the materials sector based on fundamental metrics. The construction materials industry is slightly overvalued, while the chemicals industry has the worst v...
XME: Dr. Copper Signals Upside, But The Valuation Is No Bargain
Copper's surge and XME's 45% rally signal optimism, but I maintain a hold rating, due to mixed technicals and neutral valuation. XME's equal-weight structure and SMID-cap focus drive volatility, with ...
XME: An Alternative To Gold But Cheaper
I rate XME a ‘Buy' due to its low valuation compared to gold and its potential to hedge against tariff-fuelled inflation and dollar depreciation. XME trades at a discount relative to the broader marke...
XME: 'Critical Minerals' Have Found A New Importance In 2025
The SPDR S&P Metals and Mining ETF has outperformed the broader materials sector recently, despite long-term underperformance. I believe this outperformance will continue, as the sub-sector is still c...
XME: The Ideal ETF To Buy For President Trump's Tariff Plans
The S&P 500's historic high suggests caution; investing in cheaper ETFs like SPDR S&P Metals and Mining ETF offers better value. XME, with significant exposure to steel and cyclical commodities, is po...
Why The Market May Get Turned Upside Down In 2025
AI stocks have dominated the market in 2024, dragging the S&P 500 higher with them. I think the market may get turned upside down in 2025. I share why and also share some of my top picks for the new y...
XME: Metals And Mining Stocks Are Cyclically Well Positioned, But Not Cheap
SPDR S&P Metals and Mining ETF seeks to replicate the S&P Metals & Mining Select Industry Index, with an expense ratio of 0.35% and $1.95 billion AUM. XME has shown recent gains but remains volatile; ...
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...
Final Trades: Target, Nvidia & more
The "Halftime Report" traders give their top picks to watch for the second half.
XME: Metals And Mining Stocks Are Still Cheap
Implied returns in metals and mining stocks are very high. Forward returns are likely to exceed 15% per annum even on more pessimistic earnings estimates.
Why Climate Change Makes XME A Strong Buy
There's a strong secular shift in global metals due to a push for net-zero and subdued production plans from miners.
XME: A Medium-Term, Newsy Play
The SPDR S&P Metals and Mining ETF's long-term price data suggest that it doesn't make the cut as a long-term investment. The ETF's price moves in waves and is influenced by disruption in the commodit...
U.S. dollar hits highest level since July 2020 — Oppenheimer on which stocks to watch
The greenback is breaking out. Oppenheimer's Ari Wald shares what that could mean for the stock market.
XME: Undervalued In Spite Of Near-Term Headwinds
XME is likely undervalued even in spite of near-term risks. A simple valuation gauge would suggest to me that investors are pricing in large risks going forward.
XME: Inflation Headlines Signal Contrarian Profit-Taking Opportunity In Mining
The long mining thesis has had an excellent performance this year as shortages have driven base metal prices back to long-term highs. It is a key time for investors and analysts to separate long-term ...
Presenting A Great Way For Income Investors To Benefit From The EV Hype
EVs are hyped up, and many EV stocks are quite expensive today. The industry will benefit from obvious growth tailwinds, but that may not lead to more gains for already highly-priced EV stocks.


