{
 "ticker": "XME",
 "name": "State Street(R) SPDR(R) S&P(R) Metals & Mining ETF",
 "issuer": "State Street",
 "desk": "themes",
 "url": "https://etfiq.com/funds/XME",
 "html": "https://etfiq.com/funds/XME",
 "markdown": "https://etfiq.com/funds/XME.md",
 "as_of": "2026-09-11",
 "verdict": "XME holds 41 stocks, and 83% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "17.3%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "XME, already in the S&P 500: 17.3%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "99.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "XME, active share vs the S&P 500: 99.6%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "46.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "XME, top ten holdings: 46.8%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+32.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "XME, total return, 1 year: +32.5%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$4.4bn",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "XME, net assets: $4.4bn (SEC filing, whole fund, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.35%",
   "source": "485BPOS XBRL, Oct 24, 2025",
   "as_of": "2026-09-11",
   "sentence": "XME, expense ratio: 0.35% (485BPOS XBRL, Oct 24, 2025)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Miners and metals",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jan 4, 2010",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "17.3%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "99.6%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "0.0%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "100.0%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "46.8%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "41",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 10, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "HECLA MINING CO 5.6%, NEWMONT CORP 5.3%, COEUR MINING INC 5.2%, ROYAL GOLD INC 5.0%, URANIUM ENERGY CORP 4.6%, FREEPORT MCMORAN INC 4.5%, CENTRUS ENERGY CORP CLASS A 4.2%, CORE NATURAL RESOURCES INC 4.2%, WARRIOR MET COAL INC 4.2%, NUCOR CORP 4.0%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$4.4bn",
   "source": "SEC filing, whole fund, as filed for Jun 30, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221214.4%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.35%",
   "source": "485BPOS XBRL, Oct 24, 2025"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.35%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "METL 21%, WDIG 16%, SLX 16%, PICK 14%, AGMI 14%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22125.6%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u22128.9 pts",
   "Gap to Nasdaq-100": "\u22124.8 pts"
  },
  {
   "window": "6 months",
   "Total return": "+4.3%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u221211.7 pts",
   "Gap to Nasdaq-100": "\u221216.3 pts"
  },
  {
   "window": "1 year",
   "Total return": "+32.5%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "+15.0 pts",
   "Gap to Nasdaq-100": "+9.6 pts"
  },
  {
   "window": "3 years",
   "Total return": "+123.5%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "+45.6 pts",
   "Gap to Nasdaq-100": "+28.4 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+160.8%",
   "S&P 500": "+804.4%",
   "Gap to S&P 500": "\u2212643.6 pts",
   "Gap to Nasdaq-100": "\u22121513.1 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of XME is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 10, 2026, 17% of XME by weight is stocks the S&P 500 already holds. Its active share against the index is 100%, so that share is the part doing something different."
  },
  {
   "q": "What does XME hold?",
   "a": "41 positions as published by its issuer for Sep 10, 2026, with the top ten at 47% of the fund. The largest are HECLA MINING CO at 5.6%, NEWMONT CORP at 5.3%, COEUR MINING INC at 5.2%."
  },
  {
   "q": "Has XME beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 XME returned +32.5% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 15.0 points."
  },
  {
   "q": "What does XME cost?",
   "a": "The prospectus expense ratio is 0.35% a year. Because 100% of the fund differs from the S&P 500, the fee on that differing part works out at 0.35%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}