XME
State Street SPDR S&P Metals & Mining ETF
📎 Investment Objective
The SPDR S&P Metals & Mining ETF (XME) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Metals & Mining Select Industry Index.
Overview
ETF tracking State Street SPDR S&P Metals & Mining ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR S&P Metals & Mining ETF (XME) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Metals & Mining Select Industry Index.
🎯 Investment Strategy
The fund employs a sampling strategy to track the index, holding a subset of the securities in the index that collectively provides investment characteristics similar to the index. The index represents the metals and mining segment of the S&P Total Market Index.
✨ Key Features
- Provides exposure to a diversified portfolio of metals and mining companies
- Tracks the S&P Metals & Mining Select Industry Index, which is rebalanced quarterly
- Low expense ratio of 0.00%
- Suitable for investors seeking targeted exposure to the metals and mining industry
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry sector
- Volatility risk as metal and mining stocks can be subject to significant price swings
- Regulatory and environmental risks facing the metals and mining industry
- Lack of performance history as the fund is newly launched
👤 Best For
The XME ETF may be suitable for investors seeking targeted exposure to the metals and mining industry as part of a diversified portfolio. It may be of particular interest to investors with a higher risk tolerance who believe in the long-term growth potential of the metals and mining sector.
Top Holdings
| Rank | Ticker | Name | Weight | Sector |
|---|---|---|---|---|
| 1 | HCC | WARRIOR MET COAL INC | 5.93% | - |
| 2 | HL | HECLA MINING CO | 5.85% | - |
| 3 | AA | ALCOA CORP | 5.34% | - |
| 4 | STLD | STEEL DYNAMICS INC | 5.04% | - |
| 5 | BTU | PEABODY ENERGY CORP | 5.02% | - |
| 6 | LEU | CENTRUS ENERGY CORP CLASS A | 5.01% | - |
| 7 | NEM | NEWMONT CORP | 4.95% | - |
| 8 | CNR | CORE NATURAL RESOURCES INC | 4.92% | - |
| 9 | NUE | NUCOR CORP | 4.45% | - |
| 10 | CMC | COMMERCIAL METALS CO | 4.42% | - |
| 11 | RGLD | ROYAL GOLD INC | 4.40% | - |
| 12 | CDE | COEUR MINING INC | 4.38% | - |
| 13 | RS | RELIANCE INC | 4.05% | - |
| 14 | CLF | CLEVELAND CLIFFS INC | 4.00% | - |
| 15 | MP | MP MATERIALS CORP | 3.99% | - |