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 $4.85B 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.