SQM vs. XME
Compare and contrast key facts about Sociedad Química y Minera de Chile S.A. (SQM) and SPDR S&P Metals & Mining ETF (XME).
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.
Performance
SQM vs. XME - Performance Comparison
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SQM vs. XME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SQM Sociedad Química y Minera de Chile S.A. | 18.92% | 89.55% | -39.35% | -18.47% | 71.62% | 6.82% | 89.19% | -27.30% | -32.71% | 115.00% |
XME SPDR S&P Metals & Mining ETF | 6.14% | 83.47% | -4.54% | 21.51% | 13.13% | 34.92% | 15.95% | 14.69% | -26.78% | 21.17% |
Returns By Period
In the year-to-date period, SQM achieves a 18.92% return, which is significantly higher than XME's 6.14% return. Both investments have delivered pretty close results over the past 10 years, with SQM having a 19.58% annualized return and XME not far ahead at 19.75%.
SQM
- 1D
- 1.09%
- 1M
- 8.18%
- YTD
- 18.92%
- 6M
- 88.38%
- 1Y
- 104.66%
- 3Y*
- 3.16%
- 5Y*
- 13.07%
- 10Y*
- 19.58%
XME
- 1D
- 1.75%
- 1M
- -9.91%
- YTD
- 6.14%
- 6M
- 15.52%
- 1Y
- 97.42%
- 3Y*
- 28.24%
- 5Y*
- 23.31%
- 10Y*
- 19.75%
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Return for Risk
SQM vs. XME — Risk / Return Rank
SQM
XME
SQM vs. XME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Sociedad Química y Minera de Chile S.A. (SQM) 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.
| SQM | XME | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.05 | 2.74 | -0.69 |
Sortino ratioReturn per unit of downside risk | 2.62 | 3.15 | -0.54 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.43 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 4.25 | 4.30 | -0.05 |
Martin ratioReturn relative to average drawdown | 10.40 | 12.24 | -1.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SQM | XME | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.05 | 2.74 | -0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.72 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.60 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.16 | +0.27 |
Correlation
The correlation between SQM and XME is 0.55, 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.
Dividends
SQM vs. XME - Dividend Comparison
SQM's dividend yield for the trailing twelve months is around 0.15%, less than XME's 0.35% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SQM Sociedad Química y Minera de Chile S.A. | 0.15% | 0.18% | 0.59% | 8.34% | 9.66% | 3.92% | 1.64% | 4.55% | 5.37% | 2.73% | 4.77% | 2.00% |
XME SPDR S&P Metals & Mining ETF | 0.35% | 0.38% | 0.65% | 1.00% | 1.64% | 0.70% | 0.99% | 2.43% | 2.23% | 1.15% | 1.02% | 2.61% |
Drawdowns
SQM vs. XME - Drawdown Comparison
The maximum SQM drawdown since its inception was -78.34%, smaller than the maximum XME drawdown of -85.89%. Use the drawdown chart below to compare losses from any high point for SQM and XME.
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Drawdown Indicators
| SQM | XME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.34% | -85.89% | +7.55% |
Max Drawdown (1Y)Largest decline over 1 year | -24.49% | -22.60% | -1.89% |
Max Drawdown (5Y)Largest decline over 5 years | -69.76% | -37.27% | -32.49% |
Max Drawdown (10Y)Largest decline over 10 years | -72.98% | -61.69% | -11.29% |
Current DrawdownCurrent decline from peak | -17.47% | -16.34% | -1.13% |
Average DrawdownAverage peak-to-trough decline | -30.43% | -44.44% | +14.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.22% | 7.94% | +2.28% |
Volatility
SQM vs. XME - Volatility Comparison
Sociedad Química y Minera de Chile S.A. (SQM) has a higher volatility of 14.77% compared to SPDR S&P Metals & Mining ETF (XME) at 11.19%. This indicates that SQM'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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Volatility by Period
| SQM | XME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.77% | 11.19% | +3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 36.43% | 28.06% | +8.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.39% | 35.81% | +15.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.54% | 32.47% | +17.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.98% | 32.97% | +13.01% |