Correlation
The correlation between SETM and XME is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
SETM vs. XME
Compare and contrast key facts about Sprott Energy Transition Materials ETF (SETM) and SPDR S&P Metals & Mining ETF (XME).
SETM and XME are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SETM is a passively managed fund by Sprott that tracks the performance of the Nasdaq Sprott Energy Transition Materials Select Index - AUD - Benchmark TR Gross. It was launched on Feb 1, 2023. XME is a passively managed fund by State Street that tracks the performance of the S&P Metals & Mining Select Industry Index. It was launched on Jun 19, 2006. Both SETM and XME are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SETM or XME.
Performance
SETM vs. XME - Performance Comparison
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Key characteristics
SETM:
-0.59
XME:
-0.18
SETM:
-0.79
XME:
-0.07
SETM:
0.91
XME:
0.99
SETM:
-0.55
XME:
-0.17
SETM:
-1.25
XME:
-0.46
SETM:
18.81%
XME:
12.92%
SETM:
37.21%
XME:
30.52%
SETM:
-42.81%
XME:
-85.94%
SETM:
-26.58%
XME:
-19.88%
Returns By Period
In the year-to-date period, SETM achieves a -0.66% return, which is significantly lower than XME's 6.03% return.
SETM
-0.66%
5.80%
-14.22%
-21.89%
N/A
N/A
N/A
XME
6.03%
6.65%
-12.38%
-5.42%
5.09%
24.92%
9.63%
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SETM vs. XME - Expense Ratio Comparison
SETM has a 0.65% expense ratio, which is higher than XME's 0.35% expense ratio.
Risk-Adjusted Performance
SETM vs. XME — Risk-Adjusted Performance Rank
SETM
XME
SETM vs. XME - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Sprott Energy Transition Materials ETF (SETM) 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.
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Dividends
SETM vs. XME - Dividend Comparison
SETM's dividend yield for the trailing twelve months is around 2.07%, more than XME's 0.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SETM Sprott Energy Transition Materials ETF | 2.07% | 2.06% | 2.47% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XME SPDR S&P Metals & Mining ETF | 0.56% | 0.65% | 1.00% | 1.64% | 0.70% | 0.99% | 2.43% | 2.23% | 1.15% | 1.02% | 2.61% | 2.21% |
Drawdowns
SETM vs. XME - Drawdown Comparison
The maximum SETM drawdown since its inception was -42.81%, smaller than the maximum XME drawdown of -85.94%. Use the drawdown chart below to compare losses from any high point for SETM and XME.
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Volatility
SETM vs. XME - Volatility Comparison
Sprott Energy Transition Materials ETF (SETM) has a higher volatility of 6.42% compared to SPDR S&P Metals & Mining ETF (XME) at 5.46%. This indicates that SETM's price experiences larger fluctuations and is considered to be riskier than XME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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