Data as of .
PICK vs XME: which is really different?
PICK and XME hold 15% of their weight in the same names, and PICK returned more over the year.
ETFIQ Off-Index Score: PICK scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
15% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, PICK and XME hold 15% of their money in the same securities at the same weight.
| Holding | PICK | XME |
|---|---|---|
| FREEPORT MCMORAN INC | 6.26% | 4.87% |
| NUCOR | 3.36% | 5.00% |
| STEEL DYNAMICS INC | 1.96% | 5.07% |
| RELIANCE STEEL & ALUMINUM | 1.21% | 5.12% |
| ALCOA CORP | 0.71% | 4.54% |
| CLEVELAND CLIFFS INC | 0.43% | 5.36% |
| COMMERCIAL METALS | 0.43% | 4.85% |
| MP MATERIALS CLASS A | 0.41% | 4.51% |
| MATERION | 0.31% | 4.51% |
| WARRIOR MET COAL INC | 0.28% | 3.49% |
| USA RARE EARTH CLASS A | 0.18% | 3.33% |
| CENTURY ALUMINUM | 0.16% | 2.36% |
| Only in PICK | Only in XME |
|---|---|
| BHP GROUP LTD 13.44% | NEWMONT CORP 4.97% |
| RIO TINTO PLC 6.27% | ROYAL GOLD INC 4.93% |
| GLENCORE PLC 4.26% | COEUR MINING INC 4.88% |
| ANGLO AMERICAN PLC 3.41% | HECLA MINING CO 4.71% |
| CIA VALE DO RIO DOCE SH 3.17% | URANIUM ENERGY CORP 4.39% |
| RIO TINTO LTD 2.69% | CORE NATURAL RESOURCES INC 3.38% |
| GRUPO MEXICO B 2.19% | PEABODY ENERGY CORP 2.87% |
| ARCELORMITTAL SA 1.88% | CENTRUS ENERGY CORP CLASS A 2.43% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| PICK | XME | PICK | XME | PICK | XME | |
| 3 months | −1.8% | −7.1% | −4.0 pts | −9.3 pts | +0.7 pts | −4.6 pts |
| 6 months | +20.2% | +7.0% | +2.2 pts | −11.1 pts | −4.0 pts | −17.3 pts |
| 1 year | +49.6% | +22.4% | +33.1 pts | +5.9 pts | +27.9 pts | +0.7 pts |
| 3 years | +67.1% | +110.4% | −11.3 pts | +32.0 pts | −31.1 pts | +12.2 pts |
| Since launch | +114.0% | +149.5% | −527.4 pts | −654.1 pts | −1122.5 pts | −1540.8 pts |
| PICK iShares MSCI Global Metals & Mining Producers ETF Holds 279 stocks in miners and metals, 12% of its weight in S&P 500 companies | XME State Street(R) SPDR(R) S&P(R) Metals & Mining ETF Holds 41 stocks in miners and metals, 18% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | iShares | State Street |
| Theme | Miners and metals | Miners and metals |
| In the S&P 500 | 11.8% | 18.0% |
| Active share vs the S&P 500 | 99.7% | 99.6% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 279 | 41 |
| Top ten, share of the fund | 47.2% | 46.9% |
| Expense ratio | 0.39% | 0.35% |
| Fee for the differing part | 0.39% | 0.35% |
| Total return, 1 year | +49.6% | +22.4% |
| vs the S&P 500 | +33.1 pts | +5.9 pts |
| vs the Nasdaq-100 | +27.9 pts | +0.7 pts |
| Below its high | −9.6% | −18.1% |
| Net assets | $2.5bn | $4.4bn |
PICK in plain words
By weight, 12% of PICK's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 47% of the fund across 279 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +49.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 33.1 pts. It sits 9.6% below its all-time high of Jun 2, 2026.
XME in plain words
By weight, 18% of XME's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 47% of the fund across 41 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +22.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 5.9 pts. It sits 18.1% below its all-time high of Jun 2, 2026.
Questions people ask
- Do PICK and XME hold the same stocks?
- By their latest filings, 15% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, PICK or XME?
- PICK has 12% of its weight in S&P 500 names and XME has 18%, so PICK differs more from the index.
- Which is cheaper, PICK or XME?
- PICK charges 0.39% a year and XME charges 0.35%, so XME is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, PICK against XME, data as of Sep 18, 2026. https://etfiq.com/compare/themes/pick-vs-xme Free to use with attribution; the underlying files are at Open data.