Do REMX and XME hold the same stocks?

By their latest filings, 4% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, REMX or XME?

REMX has 9% of its weight in S&P 500 names and XME has 22%, so REMX differs more from the index.

Which is cheaper, REMX or XME?

REMX charges 0.53% a year and XME charges 0.35%, so XME is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

REMX vs XME: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, REMX returned −17.8% to XME's +6.7%; 4% of their weight is in the same names.

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Net assets on Nov 3, 2026: $1.4bn for VanEck Rare Earth and Strategic Metals ETF and $3.6bn for State Street SPDR S&P Metals & Mining ETF.

REMX on its own →XME on its own →

At a glance

8.7%

REMX in the S&P 500

21.8%

XME in the S&P 500

−17.8%

REMX total return, 1 year

+6.7%

XME total return, 1 year

REMX · 1 year to Nov 4, 2026 91% of its weight is outside the S&P 500

9% of REMX's weight is in S&P 500 companies and 91% is outside the index. Holdings as of Nov 2, 2026.

XME · 1 year to Nov 4, 2026 78% of its weight is outside the S&P 500

22% of XME's weight is in S&P 500 companies and 78% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

XME costs 0.18 points a year less; their one-year returns differ by 24.5 points; XME is 2.6 times larger.

Points (pts) are percentage points.

REMX vs XME: Holdings Overlap & Returns
Measure	REMX	XME
Return
Measure	REMX	XME
Total return, 1 year	−17.8%	+6.7%
Drawdown
Measure	REMX	XME
Below its all-time high	76.3%, high on Apr 11, 2011	27.8%, high on Jun 2, 2026
Against its benchmark
Measure	REMX	XME
What it tracks	Rare earth and critical materials	Miners and metals
Against the S&P 500, 1 year		behind by 8.1 pts
Its benchmark, total return, 1 year	+15.0%	+14.8%
Against its benchmark, 1 year	behind by 32.8 pts	behind by 8.1 pts
Cost and size
Measure	REMX	XME
Expense ratio	0.53%	0.35%
Net assets, as of Nov 3, 2026	$1.4bn	$3.6bn
Holdings
Measure	REMX	XME
Holdings in common	4%

Method

Risk and return

Nov 5, 2010 to Oct 30, 2026 · 834 weekly returns

REMX XME

Return

Total return edge XME −69.1% +99.9%

Annualized edge XME −7.1% +4.4%

Price return edge XME −80.3% +61.2%

Risk

Volatility edge XME (slight) 35.3% 32.7%

Max drawdown edge XME (slight) −89.2% −82.6%

Downside capture 133.2% 124.3%

Beta 1.43 1.45

Risk-adjusted

Sharpe edge XME −0.08 0.25

Sortino edge XME −0.11 0.36

Treynor −0.019 0.067

Calmar edge XME −0.08 0.05

Against the benchmark

Alpha −15.9% a year −5.5% a year

Alpha t-stat −2.35 −0.94

Information ratio −0.43 −0.03

Tracking error 27.8% 27.6%

Each against its own benchmark: REMX against ACWI, Nov 5, 2010 to Oct 30, 2026; XME against IVV, Jun 30, 2006 to Oct 30, 2026.

Reading

From Nov 2010 to Oct 2026, XME returned more: +99.9% to −69.1%. XME swung slightly less: 32.7% to 35.3%. XME fell slightly less at its worst: −82.6% to −89.2%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: REMX vs XME: Holdings Overlap & Returns
Measure	REMX	XME	Edge	How it is measured
Return
Total return	−69.1%	+99.9%	XME	Price change plus distributions, reinvested.
Annualized	−7.1%	+4.4%	XME	Total return as a yearly rate.
Price return	−80.3%	+61.2%	XME	Price change alone, distributions left out.
Risk
Volatility	35.3%	32.7%	XME (slight)	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	24.5%	22.5%	XME (slight)	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−89.2%	−82.6%	XME (slight)	Deepest fall from a high to the low after it.
Upside capture	129.3%	147.5%		Share of its benchmark's rise caught in the weeks it rose.
Downside capture	133.2%	124.3%		Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.43	1.45	Not an edge	How far it moves for each 1% its benchmark moves.
R squared	0.42	0.49	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	−0.08	0.25	XME	Return above Treasury bills per unit of volatility.
Sortino	−0.11	0.36	XME	Return above Treasury bills per unit of downside deviation.
Treynor	−0.019	0.067		Return above Treasury bills per unit of beta.
Calmar	−0.08	0.05	XME	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	ACWI	IVV		The ETF each fund is measured against.
Alpha	−15.9% a year	−5.5% a year	XME not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	−2.35	−0.94	Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−29.1% to −2.6%	−17.0% to +6.0%	XME includes zero	The 95% range for the yearly alpha.
Information ratio	−0.43	−0.03		Return against its benchmark per unit of tracking error.
Tracking error	27.8%	27.6%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 834 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, REMX and XME hold 4% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

4% in common

Positions both hold · largest shared weight first REMX XME

Mp Materials Corp 6.88% 4.07%

United States Antimony Corp 0.98% 0.38%

Only in one fund ↓

Only in REMX

Albemarle Corp 8.70%

Sociedad Quimica Y Minera De Chile Sa 8.64%

China Northern Rare Earth Group High-Te 7.69%

Lynas Rare Earths Ltd 6.74%

Pilbara Minerals Ltd 5.36%

Jinduicheng Molybdenum Co Ltd 5.14%

Xiamen Tungsten Co Ltd 4.61%

Iluka Resources Ltd 4.48%

Only in XME

CLEVELAND CLIFFS INC 6.82%

RELIANCE INC 6.56%

NUCOR CORP 6.19%

STEEL DYNAMICS INC 6.00%

COMMERCIAL METALS CO 5.62%

ROYAL GOLD INC 5.13%

NEWMONT CORP 4.87%

FREEPORT MCMORAN INC 4.73%

Check overlap with more funds →

Window by window

Window by window: REMX vs XME: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	REMX	XME	REMX	XME
3 months	−28.6%	−14.4%	−27.3 pts vs ACWI	−14.3 pts vs IVV
6 months	−52.6%	−22.7%	−55.2 pts vs ACWI	−27.7 pts vs IVV
1 year	−17.8%	+6.7%	−32.8 pts vs ACWI	−8.1 pts vs IVV
3 years	−9.2%	+89.9%	−86.8 pts vs ACWI	+6.5 pts vs IVV
Since launchNot the same days: REMX Oct 2010 · XME Jun 2006	−65.3%	+174.0%	−453.0 pts vs ACWI	not measured

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Side by side

REMX VanEck Rare Earth and Strategic Metals ETF · Holds 32 stocks in rare earth and critical materials, 9% of its weight in S&P 500 companies XME State Street SPDR S&P Metals & Mining ETF · Holds 38 stocks in miners and metals, 22% of its weight in S&P 500 companies

Issuer VanEck State Street

Theme Rare earth and critical materials Miners and metals

In the S&P 500 8.7% 21.8%

Active share vs the S&P 500 100.0% 99.6%

In the Nasdaq-100 0.0% 0.0%

Holdings 32 38

Top ten, share of the fund 61.9% 55.0%

Expense ratio 0.53% 0.35%

Fee for the differing part 0.53% 0.35%

Total return, 1 year −17.8% +6.7%

vs its benchmark −32.8 pts vs ACWI −8.1 pts vs IVV

Below its high −76.3% −27.8%

Net assets, as of Nov 3, 2026 $1.4bn $3.6bn

As of Nov 4, 2026. Source: ETFIQ.

4% of the two portfolios are the same securities at the same weight.

Client brief:

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About each fund

REMX

By weight, 9% of REMX'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 62% of the fund across 32 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned −17.8% with distributions reinvested against +15.0% for its benchmark, the MSCI ACWI Index, so a holder was behind by 32.8 pts. It sits 76.3% below its all-time high of Apr 11, 2011.

XME

By weight, 22% 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 55% of the fund across 38 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +6.7% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 8.1 pts. It sits 27.8% below its all-time high of Jun 2, 2026.

Questions people ask

Do REMX and XME hold the same stocks?: By their latest filings, 4% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, REMX or XME?: REMX has 9% of its weight in S&P 500 names and XME has 22%, so REMX differs more from the index.
Which is cheaper, REMX or XME?: REMX charges 0.53% a year and XME charges 0.35%, so XME is cheaper. Fees come from each fund's prospectus.

Other comparisons

REMX vs SLX REMX vs NIKL REMX vs PICK REMX vs GOAU XME vs EART XME vs FMTL XME vs ISTM XME vs SETM

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →REMX on its own →XME on its own →REMX dividend history →REMX holdings →XME dividend history →XME holdings →Method →Standards and sources →

Sources and dates

REMX filings on SEC EDGAR ↗

REMX prospectus with the expense ratio (SEC) ↗

VanEck website ↗

XME filings on SEC EDGAR ↗

XME prospectus with the expense ratio (SEC) ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, REMX against XME, data as of Nov 4, 2026. https://etfiq.com/compare/themes/remx-vs-xme

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.