Is XME a good investment?

State Street SPDR S&P Metals & Mining ETF (XME) is a commodities and metals ETF. As of September 11, 2026, ETF Copilot scores XME 5.4 out of 10 — highest on Return (9.4), lowest on Risk (0.6). Its ten largest holdings are 47% of the fund.

Updated September 11, 2026

How is XME rated? ETF Copilot scores State Street SPDR S&P Metals & Mining ETF (XME) 5.4 out of 10

As of September 11, 2026, ETF Copilot scores State Street SPDR S&P Metals & Mining ETF (XME) 5.4 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 5.4 / 10
Growth: 8.9 / 10
Valuation: 3.1 / 10
Risk: 0.6 / 10
Quality: 1.6 / 10
Return: 9.4 / 10

What is XME's expense ratio? 0.35% a year

As of September 11, 2026, XME charges 0.35% a year, yields 0.61% and holds $4.9B in assets across 39 positions.

State Street SPDR S&P Metals & Mining ETF (XME) — cost, income and size
Measure	XME
Expense ratio	0.35%
Dividend yield	0.61%
Assets under management	$4.9B
Holdings	39

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in XME's data

Tracks U.S. metals and mining companies, a commodities sector fund.

Its expected growth rate is well above the typical fund in its group.

Growth estimate is 24%, above the category median of 13%.

Adds concentrated exposure to raw-materials producers, a high-market sensitivity slice of a diversified portfolio.

Why did XME move this week? It fell 4.0% in the week to September 11, 2026 — Centrus Energy and Uranium Energy drove it

XME fell 4.0% in the week to September 11, 2026. The holdings that moved it most were Centrus Energy (−10.6%), Uranium Energy (−9.2%) and Hecla Mining (−6.7%); Materion (+7.0%) pushed the other way.

What's inside XME?

What's inside XME: Size (Large 17%, Mid 46%, Small 37%); Geography (International 3%, US 97%); Tech 1.7%.

What are XME's top holdings? The ten largest are 47% of the fund

Hecla Mining, Newmont, Coeur Mining, Royal Gold, Uranium Energy, Freeport-McMoRan, Centrus Energy, Core Natural Resources, Warrior MET Coal and Nucor are XME's largest holdings, in that order.

Less concentrated than 81% of Commodities & Metals ETFs.

Half of XME's weight sits in its 11 largest positions, and once those weights are taken into account it behaves like 27 equally weighted holdings.

Cite this

ETF Copilot, “State Street SPDR S&P Metals & Mining ETF (XME) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/xme