XME - SPDR S&P Metals and Mining ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
38.98
-0.19 (-0.49%)
At close: 4:00PM EST
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Previous Close39.17
Open39.39
Bid0.00 x 0
Ask0.00 x 0
Day's Range38.82 - 39.45
52 Week Range27.86 - 39.45
Volume5,651,231
Avg. Volume3,048,427
Net Assets942.72M
NAV36.12
PE Ratio (TTM)N/A
Yield1.16%
YTD Return21.16%
Beta (3y)1.64
Expense Ratio (net)0.35%
Inception Date2006-06-19
Trade prices are not sourced from all markets
  • Have US Steel Stocks Front-Loaded Their 2018 Gains?
    Market Realist11 hours ago

    Have US Steel Stocks Front-Loaded Their 2018 Gains?

    Steel stocks are having a strong month. Based on January 12 closing prices, U.S. Steel Corporation (X) and AK Steel (AKS) have respectively gained 11.2% and 9.3% this month. Nucor (NUE) and Steel Dynamics (STLD) have also seen upward price action of 8.5% and 9.0% so far this month, respectively.

  • Alcoa’s Valuation: Is There Scope for Multiple Expansion in 2018?
    Market Realist4 days ago

    Alcoa’s Valuation: Is There Scope for Multiple Expansion in 2018?

    In this part of our series, we’ll see how markets are valuing Alcoa (AA). Specifically, we’ll look at the forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple, which is the preferred valuation metric for metal and mining stocks. Alcoa is trading at 5.2x its 2018 consensus EBITDA and at 5.4x its consensus 2019 EBITDA.

  • Can Alcoa’s 4Q17 Earnings Keep Investors’ Optimism Alive?
    Market Realist5 days ago

    Can Alcoa’s 4Q17 Earnings Keep Investors’ Optimism Alive?

    Can Alcoa’s 4Q17 Earnings Keep Investors’ Optimism Alive?Alcoa’s 4Q17 earnings

  • Play the Metal Stock Resurrection With SPDR S&P Metals and Mining (ETF) (XME)
    InvestorPlace5 days ago

    Play the Metal Stock Resurrection With SPDR S&P Metals and Mining (ETF) (XME)

    The SPDR S&P Metals & Mining (ETF) (NYSEARCA:XME) is one of the strongest exchange-traded funds on the planet. Stocks entered the session already extended, and the S&P 500 gapped down on China bond worries. While the selling pressure lasted for thirty minutes in the S&P 500 before buyers fought back, it lasted all of one second in XME.

  • President Trump Could Still Save US Steel
    Market Realist6 days ago

    President Trump Could Still Save US Steel

    US Steel Industry’s 2018 Outlook: Can the Momentum Continue? In the previous part, we looked at the different factors that could deter the Trump administration from taking stringent action against steel imports. Although several economists have warned that import safeguards could do more harm than good, President Trump might not want to go back on a key electoral plank of protecting US manufacturing.

  • How Many Americans Quit Their Jobs in November?
    Market Realist6 days ago

    How Many Americans Quit Their Jobs in November?

    The “Job Openings and Labor Turnover Survey” (or JOLTS) data for November was reported on January 9 and contains information about job openings and total separations. Total separations include quits, layoffs and discharges, and other separations. As per the latest JOLTS report, about 3.2 million American workers quit their jobs voluntarily in November.

  • Section 232 Probe Could Reshape the US Steel Industry in 2018
    Market Realist6 days ago

    Section 232 Probe Could Reshape the US Steel Industry in 2018

    US Steel Industry’s 2018 Outlook: Can the Momentum Continue?

  • Tide Turned in US Steel Companies’ Favor Last Month
    Market Realist7 days ago

    Tide Turned in US Steel Companies’ Favor Last Month

    US Steel Industry’s 2018 Outlook: Can the Momentum Continue?

  • US Steel Industry’s 2018 Outlook: Can the Momentum Continue?
    Market Realist7 days ago

    US Steel Industry’s 2018 Outlook: Can the Momentum Continue?

    US Steel Industry’s 2018 Outlook: Can the Momentum Continue?US steel industry’s 2018 outlook

  • Why China’s Higher Iron Ore Demand Could Increase Discounts
    Market Realist7 days ago

    Why China’s Higher Iron Ore Demand Could Increase Discounts

    While analyzing iron ore demand, it is vital to track Chinese demand, since it consumes more than half of the seaborne-traded iron ore (COMT). In this article, we’ll discuss iron ore imports and Chinese steel production to assess its future outlook. China imported 94.5 million tons of iron ore in November 2017, which is an increase of 2.8% year-over-year (or YoY) and 18.9% sequentially.

  • Barrons.com13 days ago

    With Miners at a 'Crossroads,' 2018 May Be a Year for Change

    It's been a turbulent few years for the global mining industry, as Bernstein's Paul Gait and his team point out on Wednesday, but can 2018 be "the year of redemption" for the stocks? Gait writes that 2017 was a strong year for commodity prices, so much so that prices largely blew past analysts' expectations. More from his note: Finally, we show that despite upward revisions, consensus forecasts still imply an overlypessimistic vision of global mining profitability and global economic growth.

  • Market Realist13 days ago

    Can China’s Iron Ore Imports Maintain Their Current Pace in 2018?

    China is the largest consumer of the seaborne-traded iron ore. It consumes ~70% of the total traded product.

  • Investopedia14 days ago

    Wait For Pullback to Buy Red-Hot Metals

    Industrial metals plays rocketed to new highs in December but are now overbought, raising the odds for multi-week pullbacks.

  • Market Realist22 days ago

    Could the Fate of U.S. Steel Corporation Be Sealed in January?

    The looming Section 232 deadline is among the reasons Wall Street seems to be warming up to steel stocks such as U.S. Steel Corporation (X) and AK Steel (AKS).

  • Market Realist25 days ago

    Why Industrial Production Fell from 1.2% to 0.2% in November

    The Federal Reserve released its November industrial production report on December 15, 2017. The report indicated that industrial production improved 0.2% in November.

  • Why the SPDR S&P Metals and Mining (ETF) Is Set for a Breakout
    InvestorPlace27 days ago

    Why the SPDR S&P Metals and Mining (ETF) Is Set for a Breakout

    Metal stocks are waking up. With inflation expectations ratcheting higher and the anticipation of further rate hikes, capital is flowing into late cycle stocks. Indeed, XME is fast approaching a new 52-week high.

  • Market Realist27 days ago

    US Steel: China’s Still in the Equation

    In the first 11 months of 2017, China exported ~70 million metric tons of steel—30.8% lower than the same period last year.

  • Barrons.comlast month

    Why Tesla's Success Is Good News for Copper

    Electric vehicles are shaking more than just the auto industry. Melius Research's Rob Wertheimer and his team take a look at mining machinery today, after headlines about how EVs could drive demand. Earlier this week, Glencore said that Electric Vehicles may drive a 3-fold increase in cobalt, a 56% increase in nickel, and an 18% increase in copper demand by 2030.

  • Market Realistlast month

    Will China’s Weak Winter Iron Ore Demand Hurt Iron Ore Prices?

    Since China is the biggest consumer of seaborne iron ore (COMT), investors looking for clues about iron ore prices should track Chinese iron ore demand.

  • Market Realistlast month

    Seaborne Iron Ore Prices Remain Wild: Impact on CLF

    The volatility in the iron ore prices that characterized seaborne prices in 2017 is still continuing. While prices peaked at $95 per ton in February and hit a bottom of $53 per ton in July, they’ve been ...

  • Market Realist2 months ago

    Why Vale Saw 3 Ratings Upgrades in November

    Vale (VALE) has seen a significant shift of fortunes over the last few months. While only 25% of analysts had “buy” ratings on the stock at the start of 2017, currently, 54.2% of the 24 analysts covering ...

  • Market Realist2 months ago

    What’s Causing Lukewarm Sentiment for BHP on Wall Street?

    The majority of the ratings for BHP (BHP) are “buy” rating, at 56%. A total 18 analysts cover the stock currently, as per the consensus compiled by Thomson Reuters.

  • Market Realist2 months ago

    A Brief Correlation Analysis of a Few Select Miners

    Barrick Gold has seen a declining trend in its correlation to gold over the past three years, while the other three miners witnessed a mixed trend in correlation.

  • Market Realist2 months ago

    What the Iron Ore Futures Curve Tells You

    A futures contract in commodities is an agreement to buy or sell a particular amount of a commodity at a fixed price on or before a certain date.

  • Market Realist2 months ago

    China’s Iron Ore Demand Could Fall during Winter, Affecting CLF

    In October 2017, China’s iron ore imports dropped to their lowest level in more than a year to 79.5 million tons.