XME - SPDR S&P Metals and Mining ETF

NYSEArca - Nasdaq Real Time Price. Currency in USD
26.58
+0.29 (+1.10%)
As of 3:05PM EDT. Market open.
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Previous Close26.29
Open26.20
Bid0.00 x 1800
Ask0.00 x 1300
Day's Range25.98 - 26.64
52 Week Range24.25 - 37.88
Volume960,377
Avg. Volume2,088,931
Net Assets362.46M
NAV26.27
PE Ratio (TTM)N/A
Yield2.82%
YTD Return0.71%
Beta (3Y Monthly)1.46
Expense Ratio (net)0.35%
Inception Date2006-06-19
Trade prices are not sourced from all markets
  • ETF Trends3 days ago

    Bearish Traders Are Targeting Copper

    As an asset class, economically sensitive commodities made for predictable victims of the US/China trade flap. That is certainly true of copper. Just look at the iPath Series B Bloomberg Copper Subindex ...

  • ETF Trends10 days ago

    Slack Global Data Stings Copper ETN

    The iPath Series B Bloomberg Copper Subindex Total Return ETF (JJC) is sporting a second-quarter loss of 10% as a slew of weaker-than-expected global economic data points are pressuring copper. Most copper ...

  • ETF Trends17 days ago

    Battered Copper Prices Might Offer Investment Opportunities According To Analysts

    This article was originally published on ETFTrends.com. Copper was the first metal to be worked by people. Copper beads have been excavated in northern Iraq which are more than ten thousand years old, and presumably made from native copper, nuggets of which can sometimes still be uncovered. Copper is an essential component in the motors, wiring, radiators, connectors, brakes, and bearings used in cars and trucks.

  • Options Traders Blitz 2 Metals ETFs Amid Trade Tensions
    Schaeffer's Investment Research19 days ago

    Options Traders Blitz 2 Metals ETFs Amid Trade Tensions

    One fund is pacing toward its worst month in years

  • Miners Approach 52-Week Lows as Trade War Heat Intensifies
    Market Realist25 days ago

    Miners Approach 52-Week Lows as Trade War Heat Intensifies

    Miners Approach 52-Week Lows as Trade War Heat IntensifiesMiners’ returns todayUS equity markets are in the red today amid the escalation in the US-China trade war. Metals and mining stocks have especially come under pressure, and the SPDR

  • ETF Trends25 days ago

    For Copper ETN, It’s All About The Trade War

    The ongoing trade spat between the U.S. and China is claiming plenty of victims in the commodities complex. That includes copper, the most widely followed industrial metal. Just look at the iPath Series ...

  • ETF Trendslast month

    U.S. Reaches Trade Deal With Canada & Mexico To Eliminate Metals Tariffs

    The White House has reached an agreement to remove steel and aluminum levies on Canada and Mexico, eliminating a key barrier to passing updates to the North American Free Trade Agreement, two people familiar ...

  • Vale’s Production Loss Has Become Its Peers’ Gain—Here’s How
    Market Realistlast month

    Vale’s Production Loss Has Become Its Peers’ Gain—Here’s How

    Vale’s Production Loss Has Become Its Peers' Gain—Here’s HowVale’s first-quarter productionVale (VALE) published its first-quarter production report on May 8. With the release of the report, the company’s shipment data have become much

  • Metals’ Fragile Recovery Takes the Back Seat amid Trade Rhetoric
    Market Realistlast month

    Metals’ Fragile Recovery Takes the Back Seat amid Trade Rhetoric

    What Could Have Prompted Trump’s Sudden Tariff Hike Decision(Continued from Prior Part)MinersDonald Trump has stepped up his trade rhetoric by hiking up the tariff on $200 billion in Chinese goods to 25%. He has also threatened a 25% tariff on

  • ETF Trendslast month

    United States Steel’s First Quarter Earnings Helps Strengthen Metals, Mining ETF

    A metals and mining sector-related ETF strengthened Friday as United States Steel (NYSE: X) jumped on strong first quarter earnings results. The SPDR Metals & Mining ETF (NYSEArca: XME), which is designed ...

  • Are Higher Iron Ore and Pellet Prices the New Normal?
    Market Realist2 months ago

    Are Higher Iron Ore and Pellet Prices the New Normal?

    How Cleveland-Cliffs Is Looking after Its Q1 2019 Results(Continued from Prior Part)Pellet premiums to soarDuring Cleveland-Cliffs’ Q1 conference call, CEO Lourenco Goncalves said, “Several people directly or indirectly involved with the

  • Did Nucor Blame U.S. Steel for Depressed Steel Prices?
    Market Realist2 months ago

    Did Nucor Blame U.S. Steel for Depressed Steel Prices?

    U.S. Steel and AK Steel: What to Expect This Week(Continued from Prior Part)Steel pricesUS flat-rolled steel prices have been depressed this year. While the prices seem to have bottomed and have seen some upwards momentum, US steel prices have

  • Freeport-McMoRan: What to Expect after Last Week’s Sell-Off
    Market Realist2 months ago

    Freeport-McMoRan: What to Expect after Last Week’s Sell-Off

    Freeport-McMoRan: What to Expect after Last Week’s Sell-OffFreeport-McMoRan Freeport-McMoRan (FCX), the leading US-based copper miner (XME), saw a selling spree after its first-quarter earnings were released. The company missed the mark on most of

  • What You Should Expect from AK Steel’s Q1 Earnings
    Market Realist2 months ago

    What You Should Expect from AK Steel’s Q1 Earnings

    What You Should Expect from AK Steel’s Q1 EarningsAK Steel’s Q4 earnings AK Steel (AKS) is scheduled to release its first-quarter earnings on April 29 after the markets close. The company is to hold its earnings call on April 30. So far, it’s

  • Cleveland-Cliffs’ Upside: Vale’s Dam Burst and Supply Disruptions
    Market Realist2 months ago

    Cleveland-Cliffs’ Upside: Vale’s Dam Burst and Supply Disruptions

    What’s in the Cards for Cleveland-Cliffs’ Q1 Results?(Continued from Prior Part)Vale’s dam burst On January 25, a major disaster struck Vale (VALE) when a dam ruptured at one of its mines in Brazil (EWZ). More than 300 people died when the

  • InvestorPlace2 months ago

    5 Mining ETFs to Dig Into

    The oft-overlooked materials sector is a cyclical group and a small slice of the broader U.S. equity market, but for tactical investors, there are some compelling opportunities in this group.That includes mining stocks and the related exchange-traded funds (ETFs). Mining ETFs are considered industry funds and many are more volatile than traditional materials ETFs. While materials funds are usually heavily allocated to chemicals makers, investors willing to take on the added volatility associated with mining ETFs can access more focused assets, including precious metals miners, coal, steel and more.Another element investors need to acknowledge with mining ETFs is the array of factors that can affect these investors. Those factors include the strength of the U.S. dollar, international trade deals, geopolitical events and the strength of emerging markets economies.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Oversold Stocks to Run From For investors willing to add some more risk to their portfolios, here are some mining ETFs to consider. VanEck Vectors Gold Miners ETF (GDX)Expense Ratio: 0.53%, or $53 annually per $10,000 investedThe VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) is not just the largest gold miners fund, it is one of the dominant names among mining ETFs of any stripe. Investors that are familiar with GDX and other gold mining ETFs know that simply because spot gold prices are rising, that does not mean miners will join in on that action.However, arguably the biggest risk with gold miners equities is that these stocks will overshoot the declines in spot gold. That scenario is happening right now. The SPDR Gold Shares (NYSEARCA:GLD) is lower by 2.68% this month, but GDX is down 7.78% over the same period and is in danger of falling below its 200-day moving average."The gold stocks are mired in something of a psychological limbo these days," reports Mining.com. "They aren't exactly out of favor, but there's little enthusiasm for this sector. Investors and speculators have largely lost interest for technical, sentimental, and fundamental reasons."Year-to-date, investors have pulled $1.36 billion from GDX. SPDR S&P Metals & Mining ETF (XME)Expense Ratio: 0.35%The SPDR S&P Metals & Mining ETF (NYSEARCA:XME) is a diverse mining ETF. This equal-weight fund, which is nearly 13 years old, targets the S&P Metals and Mining Select Industry Index.The $433.35 million XME "seeks to provide exposure to the metals & mining segment of the S&P TMI, which comprises the following sub-industries: Aluminum, Coal & Consumable Fuels, Copper, Diversified Metals & Mining, Gold, Precious Metals & Minerals, Silver, and Steel," according to State Street.XME holds just 29 stocks, more than half of which are steelmakers. Domestic steel stocks have benefited from the White House's tariff's on foreign steel, but that news has already been baked into those stocks. * 10 Stocks to Sell Before They Give Back 2019 Gains XME is a credible mining ETF for tactical traders with elevated risk tolerance. Over the past three years, this mining ETF's average annualized volatility was 27.30%, or 1,200 points above the same metric on the S&P 500 Materials Index. Global X Lithium & Battery Tech ETF (LIT) Expense Ratio: 0.75%The Global X Lithium & Battery Tech ETF (NYSEARCA:LIT) is often viewed as more of a thematic fund than a dedicated mining ETF, but several of LIT's 39 holdings actually do mine and produce lithium. While LIT has been a roller coaster ride for a while now, as highlighted by a 12-month loss of 15%, this is arguably one of the more compelling mining ETFs.Traditional mining ETFs focus on companies that are engaged in old school industries, such as coal mining and steel production. Conversely, LIT is at the epicenter of some futuristic trends, including the global shift to electric vehicles, which are powered by lithium-ion batteries."Battery metals tracker Adamas Intelligence says that in February 2019, 76% more lithium carbonate equivalent (LCE) was deployed worldwide in batteries of new electric, plug-in hybrid and hybrid electric passenger vehicles compared to the same month last year," reports Mining.com. "The Dutch-Canadian research company, which tracks EV registrations and battery chemistries in more than 80 countries, says among all metals and materials found in EV battery cathodes, lithium use saw the greatest gains."With electric vehicles just a few years away from meeting traditional automobiles in terms of price synergies, LIT is one of the most compelling mining ETFs in terms of favorable long-term fundamentals. Invesco S&P SmallCap Materials ETF (PSCM)Expense Ratio: 0.29%As its name implies, the Invesco S&P SmallCap Materials ETF (NASDAQ:PSCM) is a materials fund, not a dedicated mining ETF, but the fund does have some mining exposure and represents a solid choice for investors looking for mining exposure without the commitment of a fund explicitly dedicated to this industry.PSCM's 34 member firms "are principally engaged in the business of producing raw materials, including paper or wood products, chemicals, construction materials, and mining and metals," according to Invesco. * 7 Renewable Energy Stocks to Buy for Sunny Long-Term Returns More than 17% of PSCM's holdings are considered mining companies. Nearly 36% of the mining ETF's components are classified as value stocks while more than 29% are considered growth stocks. PSCM is beating the large-cap XLB by nearly 800 basis points YTD. Global X Silver Miners ETF (SIL) Expense Ratio: 0.65%Many of the same dynamics that apply to gold and gold mining ETFs apply to silver and the related miners. That makes sense because silver often follows gold in either direction. Currently, that is problematic for the Global X Silver Miners ETF (NYSEARCA:SIL), which is lower by nearly 11% this month.What is concerning about SIL's price action this year and that of silver itself is that the global economy is mostly strong. That should benefit silver because about half the demand for the white metal is industrial demand. Additionally, some market observers argue that the silver market is not in a supply deficit despite reports to the contrary. If there were a legitimate supply deficit, then silver and the related mining ETFs would likely be displaying better price action.For the seven trading sessions ending Tuesday, April 23, SIL closed lower on six of those days and now resides about 5.50% below its 200-day moving average. This is a mining ETF for traders to keep on their radars, but being in it right now is a risky bet at best.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises Compare Brokers The post 5 Mining ETFs to Dig Into appeared first on InvestorPlace.

  • What Are Analysts’ Ratings on CLF ahead of Its Q1 Results?
    Market Realist2 months ago

    What Are Analysts’ Ratings on CLF ahead of Its Q1 Results?

    Analysts Expect a Steep Revenue Fall for CLF in Q1—Here’s WhyAnalysts’ sentiments Cleveland-Cliffs (CLF) is expected to report its first-quarter earnings results on April 25. Currently, 58.3% out of a total of 12 analysts have given CLF

  • Steel Stocks Could Be in for a Revival after Recent Weakness
    Market Realist2 months ago

    Steel Stocks Could Be in for a Revival after Recent Weakness

    Steel Stocks See Some Relief as Nucor Beats Q1 Estimates(Continued from Prior Part)Steel stocks’ performancesUS steel stocks have come under pressure in April. Credit Suisse and Bank of America Merrill Lynch issued bearish notes on the steel

  • Iron Ore Prices Could Be Supported after Vale’s Mine Restart
    Market Realist2 months ago

    Iron Ore Prices Could Be Supported after Vale’s Mine Restart

    Iron Ore Prices Could Be Supported after Vale’s Mine Restart(Continued from Prior Part)Iron ore prices fall Iron ore prices took a major step up after supply disruptions from Vale (VALE) became evident. Read Is the Party Just Getting Started for

  • Key Takeaways from Alcoa’s Q1 Earnings
    Market Realist2 months ago

    Key Takeaways from Alcoa’s Q1 Earnings

    Key Takeaways from Alcoa’s Q1 EarningsAlcoa’s first-quarter earnings Alcoa (AA) released its first-quarter earnings after the markets closed on April 17. The company reported revenues of $2.72 billion in the first quarter. The analysts polled by

  • What China’s March Trade Data Could Mean for Metal Investors
    Market Realist2 months ago

    What China’s March Trade Data Could Mean for Metal Investors

    China No Longer Seems to Be Biggest Concern for Global Economy(Continued from Prior Part)Metal investorsChina’s trade data is especially crucial for metal and mining investors (XME) given the country’s dominant share in global metal consumption.

  • Why Is Barclays Optimistic on the Iron Ore Price Outlook?
    Market Realist2 months ago

    Why Is Barclays Optimistic on the Iron Ore Price Outlook?

    Is the Party Just Getting Started for Iron Ore Miners?(Continued from Prior Part)Barclays upgrades iron ore price forecast Barclays is optimistic about the iron ore price outlook given the supply disruptions from Australian miners as well as Vale’s

  • Credit Suisse Is Expecting a Push in Iron Ore Prices on Supply Deficit
    Market Realist2 months ago

    Credit Suisse Is Expecting a Push in Iron Ore Prices on Supply Deficit

    Is the Party Just Getting Started for Iron Ore Miners?(Continued from Prior Part)Credit Suisse As iron ore supply disruptions, at least from Vale (VALE), don’t look likely to go away easily, analysts have started another round of upgrades for iron

  • Could Chinese Port Inventories Decline amid Supply Tightness
    Market Realist2 months ago

    Could Chinese Port Inventories Decline amid Supply Tightness

    Is the Party Just Getting Started for Iron Ore Miners?(Continued from Prior Part)Supply disruptions and inventoryAs the supply disruptions from the world’s two largest iron ore exporters, Brazil and Australia, have started showing in the export

  • Is the Party Just Getting Started for Iron Ore Miners?
    Market Realist2 months ago

    Is the Party Just Getting Started for Iron Ore Miners?

    Is the Party Just Getting Started for Iron Ore Miners?Iron ore prices touch five-year high Iron ore prices are again touching multiyear highs. According to the Metal Bulletin, the benchmark iron ore prices (62% iron ore content) surged to ~$95.3 per