XME - SPDR S&P Metals and Mining ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
37.36
+0.21 (+0.57%)
At close: 4:00PM EST
Stock chart is not supported by your current browser
Previous Close37.15
Open37.24
Bid0.00 x 0
Ask0.00 x 0
Day's Range37.01 - 37.59
52 Week Range27.86 - 39.62
Volume1,238,140
Avg. Volume3,775,008
Net Assets808.84M
NAV36.93
PE Ratio (TTM)N/A
Yield1.13%
YTD Return1.46%
Beta (3y)1.48
Expense Ratio (net)0.35%
Inception Date2006-06-19
Trade prices are not sourced from all markets
  • Why Iron Ore Prices Are Defying Expectations of a Pullback
    Market Realist15 hours ago

    Why Iron Ore Prices Are Defying Expectations of a Pullback

    Iron ore prices in 2017 were characterized by elevated volatility. The iron ore price (XME) average in February up to February 21 was $76.8 per ton. Ahead of the holiday week in China, iron ore prices kept rallying on optimism about the global demand for raw materials.

  • Commodities Are Weak in the Early Hours on February 22
    Market Realist2 days ago

    Commodities Are Weak in the Early Hours on February 22

    Weak Global Market Sentiment following US Market Decline

  • Will Tariffs Make US Aluminum Producers Great Again?
    Market Realist3 days ago

    Will Tariffs Make US Aluminum Producers Great Again?

    Will Tariffs Make US Aluminum Producers Great Again?Tariffs in the US

  • How U.S. Steel Plans to Strengthen Its Balance Sheet
    Market Realist4 days ago

    How U.S. Steel Plans to Strengthen Its Balance Sheet

    On the 4Q17 earnings call, Kevin Bradley, U.S. Steel Corporation’s (X) CFO, said the company is “committed to strengthening the balance sheet.” He also talked about derisking the balance sheet and touched upon the redemption of $200 million of secured debt in 4Q17.

  • How AK Steel Plans to Use Its Cash in 2018
    Market Realist4 days ago

    How AK Steel Plans to Use Its Cash in 2018

    During their 4Q17 earnings call, Roger Newport, AK Steel’s (AKS) CEO, noted that in 2017 the company “took actions to strengthen our balance sheet by refinancing $680 million of our debt. The company also outlined a long-term strategic plan under which it would work toward generating an economic profit, assuming its weighted average cost of capital of 10.5%. Under its transformation strategy (XME), among other targets, U.S. Steel Corporation (X) is also working to generate an economic profit.

  • Comparing US Steel Producers’ Financial Leverage
    Market Realist4 days ago

    Comparing US Steel Producers’ Financial Leverage

    Comparing US Steel Producers’ Financial Leverage

  • What Drove Industrial Production Lower in January 2018?
    Market Realist8 days ago

    What Drove Industrial Production Lower in January 2018?

    The Federal Reserve released its industrial production report for December on February 15. The report indicated that industrial production fell 0.1% in January as compared to a 0.9% increase in December. The Industrial Production Index tracks the manufacturing (XLI), gas and utilities (XLU), mining (XME), and electric sectors.

  • MarketWatch8 days ago

    Metals and mining ETF rallies after Commerce Department recommends tariffs

    An exchange-traded fund tracking metal and mining companies rallied on Friday, after the Commerce Department recommended tariffs on major metal imports. The SPDR S&P Metals & Mining ETF jumped 3.1% and ...

  • ArcelorMittal’s 4Q17 Earnings versus U.S. Steel
    Market Realist10 days ago

    ArcelorMittal’s 4Q17 Earnings versus U.S. Steel

    Comparing Steel Companies’ 4Q17 Performance

  • Why AK Steel Expects Its 1Q18 Shipments to Be Flat
    Market Realist10 days ago

    Why AK Steel Expects Its 1Q18 Shipments to Be Flat

    In this article, we’ll see what leading steel companies had to say about their shipment guidance. Jaime Vasquez, AK Steel’s (AKS) CFO, said during the company’s 4Q17 earnings call, “We estimate that our first quarter flat-rolled steel shipments will be marginally higher compared to the fourth quarter of 2017.” While the company expects a 15% sequential increase in its automotive shipments, it expects its shipments in distributor markets to fall in 1Q18 as a result of an outage at its Middletown Works plant. Among other steel companies, U.S. Steel Corporation (X) expects its 2018 flat-rolled steel shipments to be flat compared to 2017 at ~10 million tons.

  • Comparing Steel Companies’ 4Q17 Performance
    Market Realist10 days ago

    Comparing Steel Companies’ 4Q17 Performance

    Comparing Steel Companies’ 4Q17 PerformanceSteel companies’ 4Q17 performance

  • What Analysts Project for Freeport-McMoRan This Year
    Market Realist11 days ago

    What Analysts Project for Freeport-McMoRan This Year

    How Analysts View Copper Miners amid the Market Carnage

  • How Analysts Rate Steel Stocks amid Market Carnage
    Market Realist12 days ago

    How Analysts Rate Steel Stocks amid Market Carnage

    How Analysts Rate Steel Stocks amid Market CarnageAnalysts’ rating

  • Why Quit Rate Indicates a Strong US Employment Market
    Market Realist15 days ago

    Why Quit Rate Indicates a Strong US Employment Market

    The “Job Openings and Labor Turnover Survey” (or JOLTS) data for December was reported on February 6 and contains information about job openings and total separations. The total number of separations include layoffs, retirements, and voluntary quits. As per the latest JOLTS report, total separations for December were 5.2 million, which is 3.6% of the total workforce.

  • China’s January Trade Data: Implications for Metal Investors
    Market Realist15 days ago

    China’s January Trade Data: Implications for Metal Investors

    China’s January Trade Data: Implications for Metal InvestorsChina’s January trade data

  • Are Global Factors Supporting US Steelmakers?
    Market Realist15 days ago

    Are Global Factors Supporting US Steelmakers?

    U.S. Steel Corporation: Should You Be Greedy or Fearful?

  • Cleveland-Cliffs and Volatile Seaborne Iron Ore Prices
    Market Realist15 days ago

    Cleveland-Cliffs and Volatile Seaborne Iron Ore Prices

    Can Cleveland-Cliffs Reverse Its Underperformance in 2018? Iron ore prices showed a lot of volatility in 2017, which is continuing well into 2018. The Chinese iron ore futures market is also reflecting strength evident in spot prices.

  • Freeport-McMoRan’s Dividend versus Other Miners
    Market Realist16 days ago

    Freeport-McMoRan’s Dividend versus Other Miners

    Freeport-McMoRan’s Dividend versus Other MinersFreeport-McMoRan’s dividend

  • U.S. Steel Corporation’s 2018 Earnings Estimates
    Market Realist16 days ago

    U.S. Steel Corporation’s 2018 Earnings Estimates

    U.S. Steel Corporation: Should You Be Greedy or Fearful?

  • U.S. Steel Corporation: Should You Be Greedy or Fearful?
    Market Realist16 days ago

    U.S. Steel Corporation: Should You Be Greedy or Fearful?

    Steel stocks haven’t been spared in the recent sell-off. Most steel stocks have pared their 2018 gains. Looking at individual names, U.S. Steel Corporation (X) and Nucor (NUE) are trading almost flat based on the closing prices on February 6.

  • US Steel Demand Indicators: Impact on Cliffs in 2018
    Market Realist16 days ago

    US Steel Demand Indicators: Impact on Cliffs in 2018

    Can Cleveland-Cliffs Reverse Its Underperformance in 2018?

  • Is the Macro Environment Supportive for Aluminum Producers?
    Market Realist16 days ago

    Is the Macro Environment Supportive for Aluminum Producers?

    For commodity producers like Alumina Limited (AWC) and South32 (S32), the macro outlook is equally if not more important than the company’s relative position in the industry. Along with trade action, any actionable thrust on infrastructure investments could boost US aluminum demand and potentially benefit US aluminum producers.

  • Analyzing What Could Be AK Steel’s Biggest Risk
    Market Realist16 days ago

    Analyzing What Could Be AK Steel’s Biggest Risk

    What Lies Ahead for AK Steel in 2018?

  • Is AK Steel Missing the Steel Industry’s Upcycle?
    Market Realist17 days ago

    Is AK Steel Missing the Steel Industry’s Upcycle?

    What Lies Ahead for AK Steel in 2018?

  • What Analysts Expect for Alcoa’s 2018 Earnings
    Market Realist17 days ago

    What Analysts Expect for Alcoa’s 2018 Earnings

    As noted in the previous article, Alcoa’s (AA) valuation multiples are on the lower side as compared to some of the other aluminum producers. In this article, we’ll see what analysts are projecting for Alcoa’s 2018 earnings and compare these estimates with the company’s guidance. According to the consensus estimates compiled by Thomson Reuters, analysts expect Alcoa to post adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) of $2.5 billion in 2018.