Is there a miners and metals ETF?
Yes.
ETFIQ covers 6 miners and metals ETFs as of Oct 20, 2026. The largest is XME at $3.8bn. The cheapest is XME at 0.35%.
How much of a miners and metals fund is already in the S&P 500 decides how much of it is new exposure. Across these 6 funds the median is 12.5% of the weight. The rest is what you are buying that an index fund does not already hold.
Concentration is the other thing to read. The median miners and metals ETF here holds 54.1% of its weight in its top ten positions. That is what a theme fund does: it buys a shortlist, not a market.
ETFIQ files a fund under a theme editorially, from what the fund holds rather than from its name, and every figure on this page is the one its miners and metals hub prints.
On ETFIQ today
| Ticker | Fund | Issuer | Net assets | Fee | In the S&P 500 |
|---|---|---|---|---|---|
| XME | State Street SPDR S&P Metals & Mining ETF | State Street | $3.8bn | 0.35% | 21.5% |
| PICK | iShares MSCI Global Metals & Mining Producer | iShares | $2.4bn | 0.39% | 12.4% |
| GOAU | US Global GO Gold and Precious Metal Miners | U.S. Global | $165m | 0.60% | 2.8% |
| SLX | VanEck Steel ETF | VanEck | $156m | 0.55% | 12.6% |
| METL | Sprott Active Metals & Miners ETF | Sprott | $73m | 0.99% | 14.2% |
| NIKL | Sprott Nickel Miners ETF | Sprott | $42m | 0.75% | 0.0% |
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ETFIQ, Is there a miners and metals ETF?, data as of Oct 20, 2026. https://etfiq.com/questions/is-there-a-miners-etf
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