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.
Performance
XME vs. SQM - Performance Comparison
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XME vs. SQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Returns By Period
In the year-to-date period, XME achieves a 6.14% return, which is significantly lower than SQM's 18.92% return. Both investments have delivered pretty close results over the past 10 years, with XME having a 19.75% annualized return and SQM not far behind at 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%
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%
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Return for Risk
XME vs. SQM — Risk / Return Rank
XME
SQM
XME vs. SQM - Risk-Adjusted Trends 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.
| XME | SQM | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.74 | 2.05 | +0.69 |
Sortino ratioReturn per unit of downside risk | 3.15 | 2.62 | +0.54 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.32 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 4.30 | 4.25 | +0.05 |
Martin ratioReturn relative to average drawdown | 12.24 | 10.40 | +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
| XME | SQM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.74 | 2.05 | +0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.27 | +0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.43 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.42 | -0.27 |
Correlation
The correlation between XME and SQM 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
XME vs. SQM - Dividend Comparison
XME's dividend yield for the trailing twelve months is around 0.35%, more than SQM's 0.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Drawdowns
XME vs. SQM - Drawdown Comparison
The maximum XME drawdown since its inception was -85.89%, which is greater than SQM's maximum drawdown of -78.34%. Use the drawdown chart below to compare losses from any high point for XME and SQM.
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Drawdown Indicators
| XME | SQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.89% | -78.34% | -7.55% |
Max Drawdown (1Y)Largest decline over 1 year | -22.60% | -24.49% | +1.89% |
Max Drawdown (5Y)Largest decline over 5 years | -37.27% | -69.76% | +32.49% |
Max Drawdown (10Y)Largest decline over 10 years | -61.69% | -72.98% | +11.29% |
Current DrawdownCurrent decline from peak | -16.34% | -17.47% | +1.13% |
Average DrawdownAverage peak-to-trough decline | -44.44% | -30.43% | -14.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.94% | 10.22% | -2.28% |
Volatility
XME vs. SQM - Volatility Comparison
The current volatility for SPDR S&P Metals & Mining ETF (XME) is 11.19%, while Sociedad Química y Minera de Chile S.A. (SQM) has a volatility of 14.77%. 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.
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Volatility by Period
| XME | SQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.19% | 14.77% | -3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 28.06% | 36.43% | -8.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.81% | 51.39% | -15.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.47% | 49.54% | -17.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.97% | 45.98% | -13.01% |