ETF·NYSE
SPDR S&P Metals & Mining ETF (XME)
- Net assets
- $4.09B
- Expense ratio
- 0.35%
- Yield
- 0.33%
- 52-week range
- $85.63 $135.68
The short version
Where XME stands today, in four lines, and what CleaRank Financial AI makes of it.
XME at a glance
SPDR S&P Metals & Mining ETF (XME): Strong Sell, 20/100 on CleaRank's AI score.
- Trend Down: the price is below both its 50- and 200-day moving averages ($112.05 and $113.96).
- Fund Expense ratio 0.35%, $4.1B in net assets, +11.5% total return over 1 year.
Figures as of October 17, 2026.
CleaRank Financial AI
CleaRank rates SPDR S&P Metals & Mining ETF (XME) Strong Sell, with a model score of 20/100.
The trend holds it back most: the price is 11.44% below its 200-day average and 9.93% below its 50-day average, and the 50-day average is 1.67% below the 200-day. The 50-day average stands at $112.05 and the 200-day at $113.96. Over the past year the price fell 5.34%.
Only on CleaRank
Figures we compute ourselves from XME's own price history. Tap one to see it in context.
Price and trading
The chart, today's range and how far the price has moved over each period.
Trend checks
0/4Price above its 50-day average ›
The price of $100.92 is 9.9% below the 50-day simple moving average of $112.05.Price above its 200-day average ›
The price is 11.4% below the 200-day simple moving average of $113.96.50-day average above the 200-day ›
The 50-day average ($112.05) is 1.7% below the 200-day average ($113.96), the arrangement of a falling longer-term trend.In the upper half of its 52-week range ›
The price sits at 31% of its 52-week range, between $85.63 and $135.68.
XME share price
Pick a period: each tab shows how far XME has moved over it, to the last close.
Today's trading
Where XME sits inside today's range and its 52-week range.
Fund facts and valuation
What the fund holds, what it costs and how it is valued.
Fund checks
3/5Expense ratio at or below 0.20% ›
The fund charges 0.35% a year, $35.00 on a $10,000 holding.Over $1B in net assets ›
Net assets total $4.1B.No sector above 35% of the fund ›
The largest sector, Basic Materials, makes up 80.3% of the fund.Pays a distribution ›
The distribution yield is 0.33%.Positive return over one year ›
The fund family reports a one-year total return of 11.47%.
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.
Sector weights
Trailing total returns
| Period | XME |
|---|---|
| YTD | 0.08% |
| 1 month | -12.32% |
| 3 months | -3.10% |
| 1 year | 11.47% |
| 3 years | 26.04% |
| 5 years | 20.99% |
| 10 years | 15.99% |
As of Oct 17, 2026, XME has an expense ratio of 0.35%, $4.09B in net assets and a distribution yield of 0.33%.
Fund reference data as of Oct 17, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
Key statistics
The headline figures for XME.
What the numbers say
CleaRank Financial AI's reading of XME's holdings, performance and risks.
Basic Materials is the largest sector in SPDR S&P Metals & Mining ETF (XME) at 80.3%, ahead of Energy at 13.6% and Industrials at 6.1%. With more than half in one sector, XME moves with that sector more than a broadly spread fund would. XME is a Natural Resources fund from State Street Investment Management, launched on June 19, 2006.
The fund charges 0.35% a year, which works out to $35.00 on each $10,000 placed in XME. Total net assets stand at $4.1B, and the distribution yield is 0.33%. Turnover in the portfolio is 45%.
XME's daily returns have a 30-day standard deviation of 1.77%. Since 80.3% of its holdings are in Basic Materials, the fund leans heavily on a single sector. The trend is against holders until the price climbs back above its moving averages. The price is 25.62% below the 52-week high of $135.68.
AI analysis and technicals
CleaRank's score and reasoning, the indicators behind it, and what the price moves with.
Momentum checks
1/3RSI not overbought or oversold ›
The 14-day RSI is 36.6, showing bearish momentum without being oversold.RSI above 50 ›
An RSI of 36.6 is below the 50 midpoint, so sellers have had the upper hand over the last 14 days.MACD line above zero ›
The MACD line is negative, so the 12-day average is below the 26-day average.
CleaRank AI analysis of XME
The score, the reasoning behind it, and what could move the price next.
XME is trading in a downtrend. At $100.92, the price sits 9.93% below its 50-day average of $112.05 and 11.44% below its 200-day average of $113.96. The 50-day average is 1.67% below the 200-day average, which means the shorter-term trend is weaker than the longer one. Over the past year, the price is 17.86% above the 52-week low of $85.63 and 25.62% below the high of $135.68.
The 14-day RSI of 36.6 is in the bearish zone, above the oversold line, and the MACD line is negative. The short and long run point different ways: the price fell 7.22% over the past month, rose 2.61% over the past three months and fell 5.34% over the past year. Volume in the last session ran 38.7% above its average, on a day the price fell 0.41%.
- The two closest levels to watch are the 20-day EMA at $105.61, which sits above the price, and the 52-week low at $85.63, which sits below it.
- The 14-day RSI reads 36.6, in the bearish zone, with the MACD line negative; readings above 70 or below 30 mark stretched momentum.
- Fees add up over time. XME's 0.35% annual expense ratio means it takes $35.00 on every $10,000 invested each year.
XME sits below its 50-day and 200-day moving averages ($112.05 and $113.96), and that placement is why the trend reads down. A move back above the 50-day would be the first sign of repair. The 20-day EMA at $105.61 is the closest level overhead.
Looking down, the nearest support is the 52-week low at $85.63.
Technical indicators
Momentum and trend for XME, from its daily closes.
As of October 17, 2026, with XME at $100.92, its 14-day RSI is 36.6 (showing bearish momentum without being oversold), its 50-day simple moving average is $112.05 and its 200-day is $113.96.
Calculated by CleaRank on daily closes as of October 17, 2026: Wilder's 14-day RSI, 50- and 200-day simple moving averages, MACD line (12, 26).
What XME moves with
Correlation of daily returns over one year: +1 moves in step, 0 has no link, -1 moves the opposite way.
As of October 17, 2026, XME's 1-year correlation of daily returns is +0.62 with S&P 500 (SPY), +0.61 with Nasdaq 100 (QQQ), +0.39 with Bitcoin (BTC) and +0.56 with gold (XAU).
A trade plan, if you want one
Entry, stop and target levels from the moving averages and recent volatility. Educational, not advice.
XME trade plan
Entry, stop and target levels, sized to your account. Change the bias or the risk and every level updates.
Short entry pick an entry style
Risk management
Profit targets (Based on Conservative Entry)
These levels come from XME's moving averages and recent volatility, not from a forecast. Educational levels, not financial advice; the full disclaimer is at the foot of the page.
Risk profile
How much XME tends to move, against the market and on its own.
The long record
XME's worst falls and recoveries, what $10,000 became, and which months have been kind to it.
Track record checks
4/4Average daily move under 2% ›
The price has moved 1.77% on an average day (30-day standard deviation of daily returns).Recovered from its worst fall ›
The worst fall was 58.9%, from January 2018 to March 2020, regained by February 2021.Most 1-year holds ended higher ›
72% of 1-year holding periods in the last 10 years ended with a gain.Beat the S&P 500 since the chart begins ›
$10,000 invested in October 2016 is now worth $45,830, against $42,055 in the S&P 500 (SPY).
XME Drawdowns & Recovery
As of October 17, 2026, XME's worst peak-to-trough fall over the last 10 years with dividends reinvested was -58.9% (January 2018 to March 2020); it regained that peak by February 2021, 11 months after the low, and 72% of 1-year holding periods ended with a gain.
From weekly closing values with dividends reinvested. A drawdown is the fall from the highest value reached so far to a later low.
Growth of $10,000
What $10,000 put into XME in October 2016 is worth now, against the same amount in the S&P 500.
Against the market: XME beat the S&P 500 over this period: $45,830 against $42,055.
A $10,000 investment in XME in October 2016 would be worth about $45,830 today with dividends reinvested, compared with about $42,055 for the same investment in the S&P 500 benchmark (also with dividends reinvested).
Seasonal patterns
Which calendar months have been kind to XME, and which have not.
Strongest month, November: an average of +6.08%, up in 6 of 10 years.
Weakest month, March: an average of -5.25%, up in 3 of 10 years.
This month, October: has averaged +2.14%, up in 6 of 9 years. Past seasonality does not repeat on schedule.
Over the last 10 years, XME's strongest calendar month has been November (average +6.08%, up in 6 of 10 years) and its weakest March (average -5.25%, up in 3 of 10 years).
Average return for each calendar month over the last 10 years, from weekly closing prices with dividends included.
Long-term scenarios
Thousands of simulated paths from the price history. A range of outcomes, not a forecast.
Monte Carlo projection
Thousands of simulated paths for $10,000 in XME, from its own past volatility. The shaded area holds 80% of them.
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in XME today could grow to about $24,199 by 2036 in the base case, with a 90th-percentile outcome near $92,239 and a 10th-percentile outcome around $6,349. The simulation models price only; at today's 0.33% yield, dividends would add to these figures. Projections are statistical simulations, not guarantees.
XME 2030 Scenarios (Monte Carlo)
The same simulation in share prices, year by year.
CleaRank's simulation projects a price near $144 for XME by 2030 in the base case, from $101 today (1.4x over 4 years). The 10th-percentile path ends near $61.66. 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.
| Year | 10th percentile | Base case | 90th percentile | range base today |
|---|---|---|---|---|
| 2027 | $72.21 | $110 | $168 | |
| 2028 | $66.20 | $120 | $219 | |
| 2029 | $63.22 | $132 | $274 | |
| 2030 | $61.66 | $144 | $335 | |
| 2031 | $60.95 | $157 | $404 |
Method: a lognormal simulation of XME's own volatility and capped historical trend, re-run daily; base case is the median path, the outer columns the 10th and 90th percentiles.
Questions people ask
Answered from the figures on this page, as of October 17, 2026.