XME holdings and overlap
State Street SPDR S&P Metals & Mining ETF (XME) holds 38 positions in its SPDR file of 2026-10-27. Its three largest are Cleveland-Cliffs (CLF) at 6.46%, Reliance (RS) at 6.15% and Nucor (NUE) at 5.90%, and its ten largest make up 53.3% of the fund.
In its SPDR file of 2026-10-27, XME is 87.5% materials and 12.4% energy by sector, with none of it in mega-cap tech or in the ten largest US companies by market value.
What does XME hold, as of its issuer file of 2026-10-27?
Cleveland-Cliffs is 6.46% of XME on its own, against a median largest position of 7.8% across the 11 Materials funds with a page here. The position XME carries furthest above that group is Reliance at 6.15% of the fund, a company the median fund in that group does not hold at all.
| Rank | Company | Weight | Weight bar |
|---|---|---|---|
| 1 | CLF Cleveland-Cliffs | 6.46% | |
| 2 | RS Reliance | 6.15% | |
| 3 | NUE Nucor | 5.9% | |
| 4 | STLD Steel Dynamics | 5.76% | |
| 5 | CMC Commercial Metals | 5.16% | |
| 6 | RGLD Royal Gold | 5.13% | |
| 7 | NEM Newmont | 4.91% | |
| 8 | FCX Freeport-McMoRan | 4.86% | |
| 9 | MTRN Materion | 4.57% | |
| 10 | AA Alcoa | 4.42% | |
| 11 | MP MP Materials | 4.23% | |
| 12 | HL Hecla Mining | 3.94% | |
| 13 | UEC Uranium Energy | 3.89% | |
| 14 | CDE Coeur Mining | 3.8% | |
| 15 | HCC Warrior Met Coal | 3.75% | |
| 16 | CNR Core Natural Resources | 3.65% | |
| 17 | BTU Peabody Energy | 2.87% | |
| 18 | USAR USA Rare Earth | 2.44% | |
| 19 | CENX Century Aluminum | 2.18% | |
| 20 | LEU Centrus Energy | 1.98% | |
| 21 | AMR Alpha Metallurgical Resources | 1.8% | |
| 22 | KALU Kaiser Aluminum | 1.78% | |
| 23 | RYZ Ryerson | 1.16% | |
| 24 | IE Ivanhoe Electric | 1.15% | |
| 25 | HYMC Hycroft Mining | 0.94% | |
| 26 | SXC SunCoke Energy | 0.91% | |
| 27 | WS Worthington Steel | 0.85% | |
| 28 | MUX McEwen | 0.81% | |
| 29 | CMP Compass Minerals Intl | 0.76% | |
| 30 | MTUS Metallus | 0.59% | |
| 31 | DC Dakota Gold | 0.5% | |
| 32 | ALOY REalloys | 0.49% | |
| 33 | CTGO Contango Silver & Gold | 0.44% | |
| 34 | UAMY United States Antimony Corp | 0.42% | |
| 35 | METC Ramaco Resources | 0.36% | |
| 36 | URG Ur Energy | 0.34% | |
| 37 | IDR Idaho Strategic Resources | 0.32% | |
| 38 | ABAT American Battery Technology | 0.2% |
The most recent file State Street SPDR has published for XME is dated 2026-10-27, 1 day before these prices, which is the median for the State Street SPDR ETFs covered here. Every one of the 38 positions XME holds, with its weight, is in the fund's JSON file. See the other 50 ETFs with a page here that hold CLF, and how their weights compare with the 6.46% XME gives it.
Category: Materials, set by TickerInside from the ETF's own latest file. In its file of 2026-10-27, 88% of its stocks whose sector is known are materials companies, each in the sector the site gives that company. How categories are set.
https://tickerinside.com/api/v1/fund/xme.jsonhttps://tickerinside.com/api/v1/fund/xme.csv=IMPORTDATA("https://tickerinside.com/api/v1/fund/xme.csv")If your sheet uses a decimal comma: =IMPORTDATA("https://tickerinside.com/api/v1/fund/xme.csv"; ","; "en_US")curl -s https://tickerinside.com/api/v1/fund/xme.jsonHow much money went into or out of XME?
On the close of Friday, October 23, 2026, $9.6 million went into XME, 0.27% of its assets, as it created shares. Over its last 5 closes, a net outflow of $26 million.
From XME's own holdings files. Every ETF's latest flows.
How is XME split by sector?
| Sector | Weight | Weight bar |
|---|---|---|
| Materials | 87.5% | |
| Energy | 12.4% |
From its SPDR file of 2026-10-27. How these are measured.
What did XME hold in its SEC reports since 2019?
In XME's SEC filings, its largest position went from Coeur Mining, Inc. (CDE) at 5.18% on 2019-09-30 to Uranium Energy Corp. (UEC) at 4.76% on 2026-06-30, across 28 quarterly reports.
| Report | Positions | Largest | Top 10 |
|---|---|---|---|
| 2019-09-30 | 25 | CDE 5.18% | 47.1% |
| 2019-12-31 | 25 | HL 4.97% | 46.7% |
| 2020-12-31 | 21 | HL 5.56% | 47.4% |
| 2021-12-31 | 30 | AA 5.18% | 46.0% |
| 2022-12-31 | 32 | UEC 5.11% | 46.0% |
| 2023-12-31 | 32 | AA 5.32% | 44.7% |
| 2024-12-31 | 35 | ATI 5.17% | 47.5% |
| 2025-12-31 | 35 | AA 5.51% | 50.1% |
| 2026-06-30 | 39 | UEC 4.76% | 44.3% |
The first report, then the last of each year, of the 28 reports XME filed on SEC Form N-PORT from 2019-09-30 to 2026-06-30, each company under its ticker today. Every position of every report is in its quarterly file, and at any date at /api/v1/history/xme/{date}.json. How these are read.
What does XME share with other ETFs?
The ETF nearest to XME is IYM: the two hold 26.7% of their weight in common, in the 11 companies both own, and 55.6% of XME itself is also held there. No covered ETF holds more than that in common with XME; it duplicates nothing here closely.
| ETF | Overlap by weight | Of XME held there | Of that ETF in XME | Companies in both | Overlap bar |
|---|---|---|---|---|---|
| IYM | 26.7% | 55.6% | 35.8% | 11 | |
| VAW | 25.1% | 84.3% | 29.2% | 27 | |
| SLX | 19.8% | 30.3% | 20.1% | 6 | |
| XLB | 19.4% | 21.4% | 21.5% | 4 | |
| PICK | 16.4% | 65.7% | 17.9% | 22 | |
| RSPM | 15.6% | 21.4% | 15.6% | 4 | |
| SLVP | 10.6% | 13.6% | 20.7% | 4 | |
| GDX | 10.6% | 17.8% | 16.1% | 4 | |
| MXI | 10.2% | 21.4% | 10.2% | 4 | |
| ICOP | 9.8% | 9.8% | 13.5% | 2 | |
| PAVE | 9.7% | 37.8% | 9.7% | 9 | |
| QMOM | 9.5% | 23.4% | 9.5% | 5 |
VAW's holdings are from its SEC Form N-PORT for the period ended 2026-05-31, filed 2026-07-29. The holdings of SLX, GDX and QMOM are from their SEC Form N-PORT filings for the period ended 2026-06-30, filed 2026-08-26. The other ETFs' holdings are from their issuers' latest files. Check XME against any ETF in the ETF overlap calculator · how overlap is measured.
What adds something different to XME?
MCHI shares 0% of weight with XME and its weekly returns correlate with it at 0.32 over three years. The table lists the covered ETFs with the least in common with XME, least shared weight first and, among equals, lowest correlation.
| ETF | Name | Overlap by weight | Correlation, 3y | Companies in both |
|---|---|---|---|---|
| MCHI | iShares MSCI China ETF | 0.0% | 0.32 | 0 |
| USRT | iShares Core U.S. REIT ETF | 0.0% | 0.38 | 0 |
| IYR | iShares U.S. Real Estate ETF | 0.0% | 0.38 | 0 |
| REET | iShares Global REIT ETF | 0.0% | 0.43 | 0 |
| SOXX | iShares Semiconductor ETF | 0.0% | 0.54 | 0 |
| OEF | iShares S&P 100 ETF | 0.0% | 0.54 | 0 |
| PFF | iShares Preferred and Income Securities ETF | 0.0% | 0.54 | 0 |
| PABU | iShares Paris-Aligned Climate Optimized MSCI USA ETF | 0.0% | 0.56 | 0 |
Cost, returns and risk
| Expense ratio | 0.35% |
|---|---|
| Dividend yield | 0.33% |
| Total return, 1 year | 5.2% |
| Total return, 3 years cumulative | 100.8% |
| Total return, 5 years cumulative | 133.3% |
| Volatility, annualised | 30.8% |
| Worst fall, 3 years | -29.8% |
| Beta against SPY, 3 years of weekly returns | 1.35 |
| Weight in the ten largest positions | 53.3% |
| Largest single position | 6.5% |
| Assets under management | $4.1B |
Expense ratio, yield and assets are reference data (the expense ratio from XME's SEC filing of 2026-10-26); the weight in the ten largest positions and the largest single position are from the issuer file of 2026-10-27; every other figure is computed here from weekly closes.
How it moves with the market
| Against | Correlation, 3 years | Covariance, annualised, in percent squared |
|---|---|---|
| SPY | 0.61loosely linked | 260 |
| QQQ | 0.55loosely linked | 327 |
Weekly total returns. What the bands mean · why the covariance is printed.
Year by year
| Year | Total return |
|---|---|
| 2026 | -2.0% |
| 2025 | 83.5% |
| 2024 | -4.5% |
| 2023 | 21.5% |
| 2022 | 13.1% |
One year
Where to go next
- COPX, Global X Copper Miners ETF
- ICOP, iShares Copper and Metals Mining ETF
- IYM, iShares U.S. Basic Materials ETF
- MXI, iShares Global Materials ETF
- Run a portfolio x-ray to see what XME carries once you look through it
- Compare XME against any other ETF in the builder
Holdings from the most recent file State Street SPDR has published, dated 2026-10-27. Prices through 2026-10-28. How every figure here is produced. Measurements, not investment advice.
Cite this page
TickerInside, State Street SPDR S&P Metals & Mining ETF (XME), holdings from the issuer's file of 2026-10-27, https://tickerinside.com/etf/xme/, CC BY 4.0
<a href="https://tickerinside.com/etf/xme/">TickerInside</a> (https://tickerinside.com/etf/xme/)