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SPDR S&P Metals & Mining ETF (XME)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US78464A7550

CUSIP

78464A755

Inception Date

Jun 19, 2006

Region

North America (U.S.)

Category

Materials

Leveraged

1x

Index Tracked

S&P Metals & Mining Select Industry Index

Home Page

www.ssga.com

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

XME has an expense ratio of 0.35%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


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S&P 500

Returns By Period

SPDR S&P Metals & Mining ETF (XME) returned 5.61% year-to-date (YTD) and -4.94% over the past 12 months. Over the past 10 years, XME returned 9.81% annually, underperforming the S&P 500 benchmark at 10.68%.


XME

YTD

5.61%

1M

4.65%

6M

-12.60%

1Y

-4.94%

3Y*

6.00%

5Y*

25.64%

10Y*

9.81%

^GSPC (Benchmark)

YTD

-1.34%

1M

5.80%

6M

-2.79%

1Y

9.39%

3Y*

13.76%

5Y*

14.45%

10Y*

10.68%

*Annualized

Monthly Returns

The table below presents the monthly returns of XME, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20254.49%-2.02%-3.52%0.64%6.23%5.61%
2024-4.43%-1.21%6.90%-1.68%8.71%-7.77%6.98%-5.72%6.67%-0.20%8.11%-17.36%-4.54%
202314.68%-1.59%-5.10%-7.07%-9.88%14.53%6.04%-3.40%1.16%-5.79%10.70%9.46%21.51%
2022-6.83%26.13%16.59%-8.29%-4.59%-18.71%11.15%1.84%-13.13%14.14%11.20%-6.98%13.13%
2021-3.26%10.85%11.54%1.35%14.88%-7.16%4.46%-1.53%-5.61%4.50%-5.59%8.95%34.92%
2020-15.02%-11.09%-26.70%19.84%7.81%2.14%8.12%8.29%-6.06%5.12%20.02%14.34%15.95%
201917.26%0.78%-3.61%-2.86%-15.37%17.74%-1.44%-8.97%0.32%3.38%5.13%6.35%14.69%
20181.46%-2.28%-5.47%2.73%7.26%-4.50%1.27%-5.51%0.86%-10.51%-5.04%-9.48%-26.78%
20179.80%-3.08%-5.87%-2.04%-2.95%3.82%4.90%3.02%-0.46%-1.58%0.85%14.79%21.17%
2016-6.96%19.99%23.12%20.33%-10.52%11.17%18.89%-11.51%3.58%-3.96%22.10%-2.00%106.04%
2015-12.12%7.82%-6.79%3.97%-3.96%-10.12%-16.77%1.23%-18.01%2.99%-6.62%-6.06%-50.53%
2014-5.20%4.06%0.74%0.50%-6.46%8.08%-2.01%5.70%-15.57%-4.29%-3.75%-8.13%-25.28%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of XME is 11, meaning it’s performing worse than 89% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of XME is 1111
Overall Rank
The Sharpe Ratio Rank of XME is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of XME is 1111
Sortino Ratio Rank
The Omega Ratio Rank of XME is 1111
Omega Ratio Rank
The Calmar Ratio Rank of XME is 88
Calmar Ratio Rank
The Martin Ratio Rank of XME is 1010
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for SPDR S&P Metals & Mining ETF (XME) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

SPDR S&P Metals & Mining ETF Sharpe ratios as of May 25, 2025 (values are recalculated daily):

  • 1-Year: -0.14
  • 5-Year: 0.77
  • 10-Year: 0.29
  • All Time: 0.07

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of SPDR S&P Metals & Mining ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

SPDR S&P Metals & Mining ETF provided a 0.56% dividend yield over the last twelve months, with an annual payout of $0.34 per share.


1.00%1.50%2.00%2.50%$0.00$0.20$0.40$0.60$0.8020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.34$0.37$0.60$0.82$0.31$0.33$0.71$0.59$0.42$0.31$0.39$0.68

Dividend yield

0.56%0.65%1.00%1.64%0.70%0.99%2.43%2.23%1.15%1.02%2.61%2.21%

Monthly Dividends

The table displays the monthly dividend distributions for SPDR S&P Metals & Mining ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.07$0.00$0.00$0.07
2024$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.11$0.00$0.00$0.07$0.37
2023$0.00$0.00$0.17$0.00$0.00$0.16$0.00$0.00$0.17$0.00$0.00$0.10$0.60
2022$0.00$0.00$0.06$0.00$0.00$0.21$0.00$0.00$0.20$0.00$0.00$0.35$0.82
2021$0.00$0.00$0.08$0.00$0.00$0.09$0.00$0.00$0.07$0.00$0.00$0.08$0.31
2020$0.00$0.00$0.08$0.00$0.00$0.09$0.00$0.00$0.07$0.00$0.00$0.08$0.33
2019$0.00$0.00$0.15$0.00$0.00$0.34$0.00$0.00$0.10$0.00$0.00$0.12$0.71
2018$0.00$0.00$0.05$0.00$0.00$0.37$0.00$0.00$0.07$0.00$0.00$0.09$0.59
2017$0.00$0.00$0.04$0.00$0.00$0.05$0.00$0.00$0.06$0.00$0.00$0.27$0.42
2016$0.00$0.00$0.09$0.00$0.00$0.08$0.00$0.00$0.07$0.00$0.00$0.07$0.31
2015$0.00$0.00$0.06$0.00$0.00$0.08$0.00$0.00$0.10$0.00$0.00$0.15$0.39
2014$0.09$0.00$0.00$0.15$0.00$0.00$0.17$0.00$0.00$0.27$0.68

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the SPDR S&P Metals & Mining ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the SPDR S&P Metals & Mining ETF was 85.94%, occurring on Jan 19, 2016. The portfolio has not yet recovered.

The current SPDR S&P Metals & Mining ETF drawdown is 20.20%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-85.94%Jul 1, 20081901Jan 19, 2016
-21.82%Jul 16, 200724Aug 16, 200750Oct 26, 200774
-21.79%Jul 5, 200663Oct 3, 200640Nov 29, 2006103
-18.81%Dec 11, 200726Jan 17, 200821Feb 19, 200847
-14.81%Feb 29, 200815Mar 20, 200810Apr 4, 200825
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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