XME vs. SQM
Compare and contrast key facts about SPDR S&P Metals & Mining ETF (XME) and Sociedad Química y Minera de Chile S.A. (SQM).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XME or SQM.
Correlation
The correlation between XME and SQM is 0.63, 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.
Performance
XME vs. SQM - Performance Comparison
Key characteristics
XME:
-0.14
SQM:
-0.45
XME:
0.01
SQM:
-0.41
XME:
1.00
SQM:
0.95
XME:
-0.13
SQM:
-0.28
XME:
-0.37
SQM:
-0.97
XME:
12.02%
SQM:
20.45%
XME:
30.76%
SQM:
44.21%
XME:
-85.94%
SQM:
-78.66%
XME:
-24.63%
SQM:
-65.62%
Returns By Period
In the year-to-date period, XME achieves a -0.25% return, which is significantly higher than SQM's -1.54% return. Both investments have delivered pretty close results over the past 10 years, with XME having a 8.68% annualized return and SQM not far behind at 8.44%.
XME
-0.25%
-3.07%
-11.46%
-5.74%
27.16%
8.68%
SQM
-1.54%
-13.98%
-12.32%
-17.48%
14.39%
8.44%
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Risk-Adjusted Performance
XME vs. SQM — Risk-Adjusted Performance Rank
XME
SQM
XME vs. SQM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Metals & Mining ETF (XME) and Sociedad Química y Minera de Chile S.A. (SQM). 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.
Dividends
XME vs. SQM - Dividend Comparison
XME's dividend yield for the trailing twelve months is around 0.59%, more than SQM's 0.39% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
XME SPDR S&P Metals & Mining ETF | 0.59% | 0.65% | 1.00% | 1.64% | 0.70% | 0.99% | 2.43% | 2.23% | 1.15% | 1.02% | 2.61% | 2.21% |
SQM Sociedad Química y Minera de Chile S.A. | 0.39% | 0.39% | 5.41% | 6.26% | 2.54% | 1.09% | 2.98% | 3.79% | 1.97% | 4.12% | 0.15% | 0.35% |
Drawdowns
XME vs. SQM - Drawdown Comparison
The maximum XME drawdown since its inception was -85.94%, which is greater than SQM's maximum drawdown of -78.66%. Use the drawdown chart below to compare losses from any high point for XME and SQM. For additional features, visit the drawdowns tool.
Volatility
XME vs. SQM - Volatility Comparison
The current volatility for SPDR S&P Metals & Mining ETF (XME) is 16.98%, while Sociedad Química y Minera de Chile S.A. (SQM) has a volatility of 20.50%. This indicates that XME experiences smaller price fluctuations and is considered to be less risky than SQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.