State Street SPDR S&P Metals & Mining ETF

Frequently Asked Questions About XME

What does XME invest in?

The State Street SPDR S&P Metals & Mining ETF (XME) seeks to deliver investment results that accurately reflect the total return performance of the S&P Metals and Mining Select Industry Index, prior to factoring in any fees and expenses. This fund provides targeted exposure to the crucial metals and mining segment of the S&P Total Market Index (TMI). Its holdings span a comprehensive list of sub-industries, including Aluminum, Coal & Consumable Fuels, Copper, Diversified Metals & Mining, Gold, Precious Metals & Minerals, Silver, and Steel. XME tracks a modified equal-weighted index, a design choice that aims to prevent overconcentration in any single company or sub-industry. This approach ensures a balanced representation across large, mid, and small-capitalization stocks within the sector. Ultimately, this ETF enables investors to adopt either strategic or tactical positions within the metals and mining space with a greater degree of specificity compared to broader, more general sector-based investment vehicles.

What is the expense ratio of XME?

State Street SPDR S&P Metals & Mining ETF (XME) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations.

How big is XME?

State Street SPDR S&P Metals & Mining ETF (XME) manages $3.64B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is XME actively managed or an index fund?

XME is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (XME's is 0.35%) because there's no security selection cost.

When was XME launched?

State Street SPDR S&P Metals & Mining ETF (XME) launched in June 2006 and is managed by SPDR.

How has XME performed?

XME's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.