SPDR S&P Metals and Mining ETF (XME) Holdings
XME holdings summary
as of Oct 25, 2026- Holdings
- 38 positions listed
- Top 10 weight
- 53.5% of net assets
- Effective holdings
- 24 equal-weight equivalent
- Largest holding
- CLF 6.93% Cleveland-Cliffs Inc.
- Annual turnover
- 31.6% of the portfolio traded
All XME holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | CLF | Cleveland-Cliffs Inc. | Basic Materials | 6.93% | $251.4M | $6.91B | — |
| 2 | RS | Reliance Steel & Aluminum Co. | Basic Materials | 6.06% | $219.6M | $20.99B | 23.9 |
| 3 | STLD | Steel Dynamics, Inc. | Basic Materials | 5.81% | $210.5M | $34.48B | 21.8 |
| 4 | NUE | Nucor Corporation | Basic Materials | 5.71% | $206.8M | $58.15B | 20.4 |
| 5 | CMC | Commercial Metals Company | Industrials | 5.36% | $194.3M | $7.19B | 11.1 |
| 6 | FCX | Freeport-McMoRan Inc. | Basic Materials | 4.96% | $179.7M | $99.86B | 34.3 |
| 7 | RGLD | Royal Gold, Inc. | Basic Materials | 4.90% | $177.5M | $20.17B | 26.4 |
| 8 | NEM | Newmont Corporation | Basic Materials | 4.83% | $174.9M | $124.97B | 15.0 |
| 9 | MTRN | Materion Corporation | Basic Materials | 4.60% | $166.7M | $5.11B | 57.2 |
| 10 | AA | Alcoa Corporation | Basic Materials | 4.40% | $159.4M | $10.94B | 7.2 |
| 11 | MP | MP Materials Corp. | Basic Materials | 4.24% | $153.7M | $7.15B | — |
| 12 | HL | Hecla Mining Company | Basic Materials | 4.07% | $147.7M | $10.28B | 19.9 |
| 13 | UEC | Uranium Energy Corp. | Energy | 3.84% | $139.2M | $3.92B | — |
| 14 | HCC | Warrior Met Coal, Inc. | Basic Materials | 3.69% | $133.9M | $4.75B | 21.6 |
| 15 | CNR | Core Natural Resources, Inc. | Energy | 3.69% | $133.8M | $4.48B | 45.6 |
| 16 | CDE | Coeur Mining, Inc. | Basic Materials | 3.65% | $132.4M | $15.90B | 13.2 |
| 17 | BTU | Peabody Energy Corporation | Energy | 2.86% | $103.8M | $2.91B | — |
| 18 | USAR | USA Rare Earth, Inc. | Basic Materials | 2.34% | $84.8M | $3.95B | — |
| 19 | CENX | Century Aluminum Company | Basic Materials | 2.06% | $74.7M | $3.47B | 6.1 |
| 20 | LEU | Centrus Energy Corp. | Energy | 1.96% | $71.0M | $2.35B | 53.7 |
| 21 | AMR | Alpha Metallurgical Resources, Inc. | Basic Materials | 1.81% | $65.6M | $2.11B | — |
| 22 | KALU | Kaiser Aluminum Corporation | Basic Materials | 1.73% | $62.9M | $2.41B | 10.9 |
| 23 | RYZ | Ryerson Holding Corporation | Industrials | 1.12% | $40.7M | $1.43B | — |
| 24 | IE | Ivanhoe Electric Inc. | Basic Materials | 1.08% | $39.2M | $1.38B | — |
| 25 | WS | Worthington Steel, Inc. | Basic Materials | 0.87% | $31.5M | $1.99B | — |
| 26 | SXC | SunCoke Energy, Inc. | Basic Materials | 0.87% | $31.4M | $870.0M | — |
| 27 | HYMC | Hycroft Mining Holding Corporation | Basic Materials | 0.86% | $31.1M | $1.60B | — |
| 28 | MUX | McEwen Mining Inc. | Basic Materials | 0.80% | $29.0M | $970.2M | 12.9 |
| 29 | CMP | Compass Minerals International, Inc. | Basic Materials | 0.75% | $27.2M | $934.5M | 53.0 |
| 30 | MTUS | Metallus Inc. | Basic Materials | 0.62% | $22.5M | $852.2M | 108.2 |
| 31 | DC | Dakota Gold Corp. | Basic Materials | 0.50% | $18.2M | $739.3M | — |
| 32 | ALOY | REalloys Inc. | Basic Materials | 0.50% | $18.0M | $501.9M | — |
| 33 | CTGO | Contango Ore, Inc. | Basic Materials | 0.43% | $15.7M | $510.0M | — |
| 34 | UAMY | United States Antimony Corporation | Basic Materials | 0.42% | $15.1M | $426.6M | — |
| 35 | METC | Ramaco Resources, Inc. | Basic Materials | 0.36% | $13.0M | $498.6M | — |
| 36 | URE | Ur Energy Inc | Energy | 0.32% | $11.6M | — | — |
| 37 | IDR_old | Intrawest Corp | Other | 0.31% | $11.1M | — | — |
| 38 | ABAT | American Battery Technology Company | Industrials | 0.20% | $7.3M | $211.0M | — |
Weights as a percentage of net assets. Value held = weight × net assets ($3.62B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
XME sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Basic Materials | 79.8% | 29 | CLF, RS, STLD |
| Energy | 12.7% | 5 | UEC, CNR, BTU |
| Industrials | 6.7% | 3 | CMC, RYZ, ABAT |
| Other | 0.3% | 1 | IDR_old |
Sum of the weights of the holdings in each sector.
XME top industries
XME overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| IWM | iShares Russell 2000 ETF | 1.6% | 25 of 1,962 | 0.19% |
| VTI | Vanguard Total Stock Market ETF | 0.6% | 37 of 2,941 | 0.03% |
| SPY | SPDR S&P 500 ETF | 0.5% | 4 of 502 | 0.09% |
| VXUS | Vanguard Total International Stock ETF | 0.2% | 4 of 8,035 | 0.05% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the XME portfolio
SPDR S&P Metals and Mining ETF holds 38 positions. The ten largest make up 53.5% of the fund, so it behaves like a portfolio of about 24 equally weighted stocks. The biggest positions are Cleveland-Cliffs Inc. (6.93%), Reliance Steel & Aluminum Co. (6.06%), Steel Dynamics, Inc. (5.81%), Nucor Corporation (5.71%), Commercial Metals Company (5.36%).
By sector, Basic Materials is 79.8%, Energy is 12.7%, Industrials is 6.7%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: XME chart, XME performance, XME dividends, XME valuation, XME overview.
XME holdings FAQ
How many holdings does XME have?
XME holds 38 positions as of October 25, 2026.
What are the top 10 holdings of XME?
The ten largest holdings are Cleveland-Cliffs Inc. (6.93%), Reliance Steel & Aluminum Co. (6.06%), Steel Dynamics, Inc. (5.81%), Nucor Corporation (5.71%), Commercial Metals Company (5.36%), Freeport-McMoRan Inc. (4.96%), Royal Gold, Inc. (4.90%), Newmont Corporation (4.83%), Materion Corporation (4.60%), Alcoa Corporation (4.40%). Together they are 53.5% of the fund.
What percentage of XME is Cleveland-Cliffs Inc.?
Cleveland-Cliffs Inc. is the largest holding at 6.93% of net assets, about $251.4M of the fund's $3.62B.
Which sector is the largest in XME?
Basic Materials is the largest sector at 79.8%, followed by Energy (12.7%) and Industrials (6.7%), based on the sectors of the individual holdings.
How concentrated is XME?
The top 10 holdings are 53.5% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) XME behaves like a portfolio of about 24 equally weighted stocks.