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XME - ETF AI Analysis

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XME

SPDR S&P Metals & Mining ETF (XME)

Rating:63Neutral
Price Target:
XME, the SPDR S&P Metals & Mining ETF, has a solid overall rating that reflects a mix of strong, well-positioned mining and metals companies alongside a few more challenged names. High-quality holdings like Newmont Mining and Royal Gold, which show strong profitability, efficient operations, and healthy balance sheets, are key drivers of the fund’s positive profile, while weaker holdings such as Core Natural Resources and Uranium Energy, with financial instability and valuation concerns, modestly weigh on the rating. The main risk factor is the ETF’s concentration in the metals and mining sector, which can make performance more sensitive to commodity price swings and industry-specific issues.
Positive Factors
Focused Exposure to Metals and Mining
The ETF concentrates on metals and mining companies, giving investors targeted access to this specific part of the market.
Meaningful Size
The fund manages a substantial pool of assets, which can support better liquidity and trading for investors.
Moderate Expense Ratio
The ETF’s fee level is reasonable for a specialized sector fund, helping investors keep more of their returns over time.
Negative Factors
Recent Weak Performance
The ETF has shown weak returns over the past month, three months, and year to date, which may concern performance-focused investors.
Underperforming Top Holdings
Several of the largest positions, including key mining and energy names, have delivered weak year-to-date results, weighing on the fund.
High Sector and Country Concentration
The portfolio is heavily concentrated in U.S. materials and energy stocks, offering limited diversification across sectors and regions.

XME vs. SPDR S&P 500 ETF (SPY)

XME Summary

SPDR S&P Metals & Mining ETF (XME) follows the S&P Metals & Mining Select Industry Index, focusing on U.S. companies that mine and produce metals like copper, gold, silver, and steel. Well-known holdings include Newmont Mining and Freeport-McMoRan. Investors might consider XME if they want to bet on growth in areas like infrastructure and industrial demand, or add diversification beyond typical tech and consumer stocks. However, this ETF is tightly focused on metals and mining, so its price can swing a lot with changes in commodity prices and the overall market.
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 a pure play on U.S. metals and mining, and its story right now is one of a few steady leaders trying to offset a pack of laggards. Steel names like Nucor and Reliance Steel are doing the heavy lifting, with rising share prices that reflect solid demand and better sentiment around industrial activity. Freeport-McMoRan is holding its ground, but uranium and precious‑metal players such as Uranium Energy, Hecla, and Coeur are losing steam, dragging on returns. Overall, the fund is tightly tied to cyclical materials, with only modest energy exposure and no overseas diversification.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Centrus Energy4.90%$187.06M$3.34B-29.09%
68
Neutral
Nucor4.70%$179.61M$60.49B79.10%
74
Outperform
Reliance Steel4.66%$177.97M$21.15B36.74%
74
Outperform
Hecla Mining Company4.59%$175.40M$9.76B142.71%
74
Outperform
Uranium Energy4.45%$169.73M$4.67B4.15%
54
Neutral
Royal Gold4.42%$168.59M$16.65B28.51%
78
Outperform
Freeport-McMoRan4.41%$168.17M$88.61B53.27%
67
Neutral
Newmont Mining4.38%$167.09M$96.43B46.59%
81
Outperform
Steel Dynamics4.29%$163.94M$37.46B97.99%
76
Outperform
Coeur Mining4.29%$163.87M$15.37B67.20%
69
Neutral

XME Technical Analysis

Technical Analysis Sentiment
Negative
Last Price
Price Trends
50DMA
111.38
Negative
100DMA
112.66
Negative
200DMA
110.28
Negative
Market Momentum
MACD
RSI
STOCH
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For XME, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 102.19, equal to the 50-day MA of 111.38, and equal to the 200-day MA of 110.28, indicating a bearish trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for XME.

XME Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$3.87B0.35%
63
Neutral
$9.95B0.09%
72
Outperform
$9.87B0.35%
56
Neutral
$8.63B0.08%
67
Neutral
$2.98B0.09%
67
Neutral
$1.19B0.38%
68
Neutral
Performance Comparison
Ticker
Company Name
Price
Change
% Change
XME
SPDR S&P Metals & Mining ETF
101.86
28.81
39.44%
VDE
Vanguard Energy ETF
XBI
SPDR S&P BIOTECH ETF
XLB
Materials Select Sector SPDR Fund
VAW
Vanguard Materials ETF
IYM
iShares U.S. Basic Materials ETF
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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