XME - ETF AI Analysis
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SPDR S&P Metals & Mining ETF (XME)
Rating:62Neutral
Price Target:―
Positive Factors
Strong Recent Year-to-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum in the metals and mining space.
Leading Holdings Showing Solid Gains
Several of the largest positions, including major steel and mining companies, have posted strong year-to-date performance, helping support the fund’s returns.
Focused Exposure to Materials and Energy
Most of the portfolio is concentrated in the materials and energy sectors, giving investors targeted exposure to metals, mining, and related industries when they are performing well.
Negative Factors
Highly Concentrated in One Sector
With the majority of assets in the materials sector, the fund is heavily exposed to swings in commodity and metals prices.
Very Limited Geographic Diversification
Almost all holdings are U.S.-based, so the ETF offers little protection if the U.S. market or domestic metals industry weakens.
Mixed Performance Among Top Holdings
A few of the largest positions have shown weak or negative year-to-date performance, which can drag on overall returns if that weakness continues.
XME vs. SPDR S&P 500 ETF (SPY)
AUM4.87B
RegionNorth America
Expense Ratio0.35%
Beta1.31
IssuerSPDR
Inception DateJun 19, 2006
Dividend Yield0.33%
Asset ClassEquity
Index TrackedS&P Metals and Mining Select Industry
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,398,884
30 Day Avg. Volume2,353,159
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
146.15Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering38
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
XME Summary
The SPDR S&P Metals & Mining ETF (XME) follows the S&P Metals and Mining Select Industry Index, focusing on U.S. companies that mine and produce metals like steel, aluminum, copper, and coal. Well-known holdings include Nucor and Freeport-McMoRan. Investors might consider XME if they want targeted exposure to the metals and mining theme, which can benefit from growth in construction, infrastructure, and industrial demand, while also adding diversification beyond tech and consumer stocks. A key risk is that metals and mining stocks are very cyclical, so the ETF’s price can swing sharply up or down with commodity markets.
How much will it cost me?The SPDR S&P Metals & Mining ETF (XME) has an expense ratio of 0.35%, which means you’ll pay $3.50 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it is focused on a specific sector and tracks a niche index, which requires more active management compared to broad market ETFs.
What would affect this ETF?The SPDR S&P Metals & Mining ETF (XME) could benefit from increased infrastructure spending and advancements in technology, which drive demand for metals like aluminum, copper, and rare earth materials. However, it may face challenges from fluctuating commodity prices, stricter environmental regulations, and potential economic slowdowns that could reduce industrial activity. Its U.S.-focused exposure and reliance on cyclical sectors like materials and energy make it sensitive to both global economic trends and domestic policy changes.
XME Top 10 Holdings
XME is riding a wave of strength from U.S. steel heavyweights like Nucor and Steel Dynamics, which have been steadily rising and giving the fund a solid backbone. Reliance Steel and MP Materials add to the momentum, keeping the materials story front and center. On the flip side, Cleveland-Cliffs has been losing steam, while uranium names like Uranium Energy and Centrus Energy have recently lagged, acting as a bit of a drag. Overall, this is a U.S.-focused, metals-and-mining-heavy ETF, with a clear tilt toward steel and industrial metals rather than broad global exposure.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nucor | 5.35% | $302.98M | $52.84B | 113.84% | 74 Outperform | |
| Steel Dynamics | 5.07% | $287.35M | $34.62B | 91.53% | 76 Outperform | |
| Cleveland-Cliffs | 4.80% | $271.78M | $6.41B | 73.30% | 54 Neutral | |
| Reliance Steel | 4.74% | $268.36M | $18.73B | 25.69% | 74 Outperform | |
| Uranium Energy | 4.61% | $261.17M | $6.38B | 101.86% | 54 Neutral | |
| MP Materials | 4.29% | $242.98M | $11.48B | 227.37% | 61 Neutral | |
| USA Rare Earth | 4.25% | $240.59M | $5.64B | 172.04% | ― | |
| Commercial Metals Company | 4.23% | $240.00M | $7.97B | 55.86% | 70 Neutral | |
| Centrus Energy | 4.21% | $238.80M | $3.53B | 58.32% | 68 Neutral | |
| Freeport-McMoRan | 4.14% | $234.70M | $89.11B | 58.87% | 67 Neutral |
XME Technical Analysis
Positive
―
Price Trends
114.13
Positive
116.52
Positive
104.73
Positive
Market Momentum
-0.22
Positive
50.15
Neutral
38.96
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For XME, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 118.38, equal to the 50-day MA of 114.13, and equal to the 200-day MA of 104.73, indicating a neutral trend. The MACD of -0.22 indicates Positive momentum. The RSI at 50.15 is Neutral, neither overbought nor oversold. The STOCH value of 38.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for XME.
XME Peer Comparison
Comparison Results
Performance Comparison
XME
SPDR S&P Metals & Mining ETF
117.07
55.91
91.42%
THRO
Ishares U.S. Thematic Rotation Active Etf
―
―
―
VPU
Vanguard Utilities ETF
―
―
―
XLB
Materials Select Sector SPDR Fund
―
―
―
VAW
Vanguard Materials ETF
―
―
―
IYM
iShares U.S. Basic Materials ETF
―
―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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