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As of September 27, 2026, SPDR S&P Metals & Mining ETF (XME) trades at $108.33. RSI at 30 is in oversold territory, and the price is below its 50-day average of $111.62.

SPDR S&P Metals & Mining ETF (XME)

SPDR S&P Metals & Mining ETF NYSE

$108.33 0.3700 (0.34%)
At close: Sep 25, 4:00 PM EDT
AI Analyst Consensus
Buy
75 / 100
The SPDR S&P Metals & Mining ETF (XME) offers targeted exposure to U.S. metals and mining companies, tracking the S&P Metals & Mining Select Industry Index. The fund's strategy focuses on companies involved in the exploration, extraction, and processing of metals and minerals. Currently, XME is trading at $108.33, below its 50-day SMA of $111.62 and its 200-day SMA of $113.92. Its year-to-date return stands at 14.14%, outperforming its category's 17.99% return in the same period. However, its 1-year return of 44.09% lags the category's 68.30%. Despite recent underperformance, the fund's longer-term returns show strength, with 3-year, 5-year, and 10-year returns significantly outpacing its category.

XME Price Analysis

Market Metrics

Open
$108.02
Day Range
$106.92 to $108.93
Prev Close
$107.96
Volume
923.7K
52-Week Range
$85.63 to $135.68
Market Cap
$2.05B

XME Fund Facts

SPDR S&P Metals & Mining ETF is an exchange-traded fund designed to provide targeted exposure to U.S. metals and mining companies. The fund seeks to track the S&P Metals & Mining Select Industry Index, using a passive strategy that mirrors the performance of a portfolio of companies involved in exploring, extracting, processing, and producing metals and mineral resources. Its holdings typically span a broad range of the materials segment, including steel, copper, gold, silver, aluminum, and diversified mining businesses.

Issuer
State Street Investment Management
Category
Natural Resources
Inception
Jun 19, 2006
Expense ratio
0.35%
Net assets
$4.89B
NAV
$119.14
Distribution yield
0.32%
YTD return
14.14%
Turnover
48.00%

Sector weights

Energy 18.0%
Industrials 4.9%
Basic Materials 77.1%

Trailing returns vs category

Period XME Category
YTD 14.14% 17.99%
1 month 17.31% 5.51%
3 months -5.56% 5.28%
1 year 44.09% 68.30%
3 years 32.14% 16.21%
5 years 22.77% 11.05%
10 years 17.94% 11.07%

Fund reference data as of Sep 27, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.

XME Analysis

AI Technical Analysis Buy
SPDR S&P Metals & Mining ETF (XME) is currently trading below its key moving averages, with its price of $108.33 below the 20-day EMA at $112.06, the 50-day SMA at $111.62, and the 200-day SMA at $113.92. The Relative Strength Index (RSI) is at 29.67, indicating an oversold condition. The Moving Average Convergence Divergence (MACD) is at -1.62, suggesting bearish momentum. The Stochastic Oscillator is at 9.58, also pointing to oversold territory. The Commodity Channel Index (CCI) is at -77.73, reinforcing the oversold signal. The current volume of 923,700 is approximately 39.5% below its average volume.
ProTips
  • Consider XME for tactical exposure to the metals and mining sector, especially during periods of commodity price strength.
  • Monitor the fund's performance relative to its benchmark and category for signs of sustained outperformance.
  • Be aware of the high concentration risk in Basic Materials and the sensitivity to global economic cycles.
Market Outlook
The outlook for the SPDR S&P Metals & Mining ETF (XME) is cautiously optimistic, contingent on a potential rebound from oversold technical conditions. While currently trading below key moving averages, the RSI of 29.67 suggests that the selling pressure may be nearing exhaustion. A sustained move above the 50-day SMA ($111.62) would be the first sign of a trend reversal. The fund's strong long-term historical performance against its category provides a foundation for recovery if broader market sentiment shifts favorably towards cyclical sectors like metals and mining. Investors should monitor commodity prices and global industrial production data for signals of a sector-wide upturn.

Market Correlations

How this etf moves relative to other assets

Based on 1 year of daily price data. Correlations may vary over different time periods.

S&P 500 (SPY) +0.62
Moderate correlation
Nasdaq 100 (QQQ) +0.62
Moderate correlation
Bitcoin (BTC) +0.39
Weak correlation
Gold (XAU) +0.54
Moderate correlation
Check Custom Correlation

How does any other asset move with XME? One year of daily closes, Pearson correlation.

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Key Statistics

Net Assets (Market Cap) 2.05B
Yield 0.32%
Day High $108.93
Day Low $106.92
52 Week High 135.68
52 Week Low 85.63
The SPDR S&P Metals & Mining ETF (XME) is heavily concentrated in the Basic Materials sector, representing 77.14% of its holdings, with an additional 17.99% in Energy and 4.87% in Industrials. This focus on natural resources means the fund's performance is closely tied to commodity prices and industrial demand cycles. The fund's expense ratio is 0.35%, costing $35.00 per $10,000 invested annually. With net assets of $4.89 billion, XME is a substantial ETF. The sector's health is influenced by global economic activity and supply/demand dynamics for metals and mining products.

Earnings & Growth Analysis

Its performance is driven by the aggregate earnings trends of the companies within the S&P Metals & Mining Select Industry Index. The sector's profitability is sensitive to commodity price fluctuations, operational efficiency, and global industrial output. Positive trends in industrial production and infrastructure spending typically translate to improved earnings for constituent companies, which can then drive ETF performance.

Key Risks

The primary risk for XME lies in its sector concentration within metals and mining, making it highly susceptible to commodity price volatility and downturns in global industrial demand. Additionally, its current trading position below key moving averages and the bearish momentum indicated by the MACD suggest potential for further short-term price declines.

Technical Indicators i

RSI (14) 29.67
MACD -1.62
SMA 50 111.62
SMA 200 113.92
Technical Rating Bearish
RSI
Oversold
SMA Cross
Bearish
Price vs SMA
Bearish
MACD
Bearish
Moving averages show a lagging Death Cross (50-day: $111.62, 200-day: $113.92), price is trading below the 50-day SMA, RSI at 29.7 suggests oversold conditions; potential bounce setup.

XME Trade Plans

Specific entry, exit, and risk management levels

Select Your Trade Bias
Risk Tolerance
Conservative 2% Aggressive
Portfolio Value
$
Position Size: Enter portfolio size →

Long entry pick an entry style

Conservative
$106.16
2% below current price (Pullback entry)
Lower risk, wait for pullback
Aggressive
$108.33
Buy at current price
Higher risk, immediate entry

Risk Management

STOP LOSS
$102.37
MAX LOSS
-3.6%
Volatility-Adjusted Stop Loss
Calculated based on RSI (29.7) and current market volatility

Profit Targets (Based on Conservative Entry)

TARGET 1
$111.47
+5% (Conservative)
+2.9% (Aggressive)
TARGET 2
$116.78
+10% (Conservative)
+7.8% (Aggressive)
TARGET 3
$122.09
+15% (Conservative)
+12.7% (Aggressive)
Consider scaling out: Take 50% profit at Target 1, 30% at Target 2, let 20% run to Target 3
ETF Investment Disclaimer
This AI-generated analysis of XME is for educational purposes only and does not constitute investment advice. ETFs are subject to market risk including possible loss of principal. Performance depends on the underlying index or assets tracked. Read the fund prospectus before investing. Past performance does not guarantee future results. Generated on September 27, 2026.

Growth of $10,000

A $10,000 investment in XME in September 2016 would be worth about $41,746 today, compared with about $35,782 for the same investment in the S&P 500 benchmark.

Compare with Another Ticker

Monte Carlo Projection (10yr)

CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in XME today could grow to about $28,524 by 2036 in the base case, with a bull case near $108,795 and a bear case around $7,479. Projections are statistical simulations, not guarantees.

XME ETF Price Prediction: 2030

CleaRank's simulation projects a price near $165 for XME by 2030 in the base case, from $108 today (1.5x over 4 years). The downside path ends near $70.65. These are outcomes of a Monte Carlo simulation run on XME's historical return distribution, not price targets, and they assume no dividends are reinvested.

XME simulated price paths by year
Year Downside (10th pct) Base case Upside (90th pct)
2027 $78.78 $120 $184
2028 $73.42 $134 $243
2029 $71.26 $148 $309
2030 $70.65 $165 $384
2031 $71.00 $183 $471
2032 $72.03 $203 $573
2033 $73.62 $226 $692
2034 $75.67 $251 $830
2035 $78.14 $278 $991
2036 $81.02 $309 $1,179

Method: 10,000 simulated price paths using XME's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.

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Frequently Asked Questions

What is the price prediction for XME ETF in 2030?
Based on a Monte Carlo simulation, the statistical outcomes for XME ETF price in 2030 are a base case of $164.75, a downside of $70.65, and an upside of $384.18. These are simulation outcomes, not price targets or guarantees.
What is the expense ratio for the SPDR S&P Metals & Mining ETF?
The SPDR S&P Metals & Mining ETF has an expense ratio of 0.35%, which translates to an annual cost of $35.00 for every $10,000 invested.
What sectors does the SPDR S&P Metals & Mining ETF hold?
The SPDR S&P Metals & Mining ETF is primarily concentrated in Basic Materials, making up 77.14% of its holdings. It also has allocations to Energy (17.99%) and Industrials (4.87%).
How has XME performed against its category over time?
XME has shown strong long-term performance against its category, with 3-year, 5-year, and 10-year returns significantly outpacing its category. However, its 1-year return of 44.09% lags the category's 68.30%, while its year-to-date return of 14.14% also trails the category's 17.99%.
What is the current RSI status for XME?
The current RSI for XME is 29.67, which is interpreted as oversold.
What are the key technical levels for XME?
XME is currently trading below its 20-day EMA ($112.06), 50-day SMA ($111.62), and 200-day SMA ($113.92), indicating bearish short-term momentum. The oversold RSI suggests a potential for a reversal.
What is the dividend yield for XME?
The SPDR S&P Metals & Mining ETF has a dividend yield of approximately 0.32%.
What is the overview of the SPDR S&P Metals & Mining ETF's strategy?
The SPDR S&P Metals & Mining ETF aims to track the S&P Metals & Mining Select Industry Index, providing targeted exposure to U.S. companies involved in exploring, extracting, and processing metals and minerals through a passive investment strategy.

Disclaimer: CleaRank.com is a financial data and analytics provider, not a registered investment advisor, broker-dealer, or financial regulatory body. The ETF analysis and AI-generated insights presented for XME are for educational and informational purposes only and do not constitute financial advice, investment recommendations, or an offer to buy or sell any securities. ETFs are subject to market risk, including the possible loss of principal. ETF performance depends on the underlying index or assets it tracks, and past performance does not guarantee future results. Expense ratios, tracking error, and liquidity vary by fund. All trade setups and performance metrics shown are hypothetical, hindsight-based, and simulated. Market data is provided "as-is" and may be delayed by 15 minutes or more. Investors should read the fund prospectus carefully before investing. Consult a qualified financial advisor for personalized guidance. Analysis generated on September 27, 2026.

Disclaimer:

Engaging in financial markets carries significant risk of total capital loss. Markets are volatile, unpredictable, and past success does not guarantee future results. Never invest funds you cannot afford to lose. CleaRank does not offer financial, investment, or advisory services. We provide no recommendations, endorsements, or guarantees regarding market outcomes. You alone are responsible for your decisions.

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