EART vs. XME
EART (Global X Rare Earth & Critical Materials ETF) and XME (SPDR S&P Metals & Mining ETF) are both exchange-traded funds - EART is a Rare Earth & Strategic Metals fund tracking the Solactive Rare Earth & Critical Materials Index, while XME is a Materials fund tracking the S&P Metals & Mining Select Industry Index. Both are passively managed. Over the past 3 years, EART returned 14.34%/yr vs 24.33%/yr for XME. Their 0.70 correlation means they have sometimes moved together and sometimes differently. EART charges 0.59%/yr vs 0.35%/yr for XME.
Performance
EART vs. XME - Performance Comparison
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Returns By Period
In the year-to-date period, EART achieves a -1.67% return, which is significantly higher than XME's -2.73% return.
EART
- 1D
- -0.20%
- 1M
- -5.56%
- 6M
- -13.83%
- YTD
- -1.67%
- 1Y
- 52.96%
- 3Y*
- 14.34%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.99%
XME
- 1D
- -1.19%
- 1M
- -4.26%
- 6M
- -15.11%
- YTD
- -2.73%
- 1Y
- 39.51%
- 3Y*
- 24.33%
- 5Y*
- 18.53%
- 10Y*
- 14.85%
- ALL TIME*
- 5.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $439.93K | $546.94K | $580.35K | |
| $205.06M | $204.83M | $245.34M |
EART vs. XME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EART Global X Rare Earth & Critical Materials ETF | -1.67% | 98.48% | -7.19% | -19.75% | -17.92% |
XME SPDR S&P Metals & Mining ETF | -2.73% | 83.47% | -4.54% | 21.51% | 18.37% |
Correlation
The correlation between EART and XME is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.74 |
Correlation (3Y) Balances recent behavior with more history. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2022 | 0.70 |
The correlation between EART and XME has been stable across timeframes, ranging from 0.68 to 0.74 - a consistent structural relationship.
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Return for Risk
EART vs. XME — Risk / Return Rank
EART
XME
EART vs. XME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Rare Earth & Critical Materials ETF (EART) and SPDR S&P Metals & Mining ETF (XME). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EART | XME | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.19 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.80 | 1.43 | +0.36 |
| Martin ratioReturn relative to average drawdown | 4.42 | 3.22 | +1.20 |
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Drawdowns
EART vs. XME - Drawdown Comparison
The maximum EART drawdown since its inception was -53.68%, smaller than the maximum XME drawdown of -85.89%. Use the drawdown chart below to compare losses from any high point for EART and XME.
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Drawdown Indicators
| EART | XME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.68% | -85.89% | +32.21% |
Max Drawdown (1Y)Largest decline over 1 year | -29.83% | -26.49% | -3.34% |
Max Drawdown (3Y)Largest decline over 3 years | -33.15% | -30.47% | -2.68% |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.27% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.69% | — |
Current DrawdownCurrent decline from peak | -25.51% | -24.17% | -1.34% |
Average DrawdownAverage peak-to-trough decline | -28.88% | -43.93% | +15.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.12% | 11.77% | +0.35% |
Volatility
EART vs. XME - Volatility Comparison
Global X Rare Earth & Critical Materials ETF (EART) and SPDR S&P Metals & Mining ETF (XME) have volatilities of 10.78% and 10.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EART | XME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.78% | 10.33% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 33.17% | 28.52% | +4.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.21% | 36.88% | +3.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.26% | 32.70% | +1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.26% | 32.88% | +1.38% |
EART vs. XME - Expense Ratio Comparison
EART has a 0.59% expense ratio, which is higher than XME's 0.35% expense ratio.
Dividends
EART vs. XME - Dividend Comparison
EART's dividend yield for the trailing twelve months is around 0.69%, more than XME's 0.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EART Global X Rare Earth & Critical Materials ETF | 0.69% | 0.65% | 1.06% | 1.83% | 2.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XME SPDR S&P Metals & Mining ETF | 0.37% | 0.38% | 0.65% | 1.00% | 1.64% | 0.70% | 0.99% | 2.43% | 2.23% | 1.15% | 1.02% | 2.61% |
Frequently Asked Questions
EART and XME have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EART has higher volatility (10.78%) compared to XME (10.33%). In terms of maximum drawdown, EART dropped -53.68% vs XME's -85.89%.
On 3-year performance, XME leads with 24.33% vs 14.34% for EART. On fees, XME is cheaper at 0.35% per year. On volatility, XME has been the lower-risk option at 10.33%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, XME has performed better with a 24.33% return vs 14.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XME is cheaper with a 0.35% expense ratio, compared with 0.59% for EART.
EART has the higher dividend yield at 0.69%, compared with 0.37% for XME.
EART is categorized as Rare Earth & Strategic Metals, while XME is Materials. EART tracks Solactive Rare Earth & Critical Materials Index, while XME tracks S&P Metals & Mining Select Industry Index. They also come from different issuers: Global X and State Street. Their fees differ too: 0.59% for EART and 0.35% for XME.
EART currently has the higher Sharpe Ratio (1.34 vs 1.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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