12-May-2026
No press releases found.
U.S., China weigh extension of rare earth truce as Beijing maintains export restrictions: report
Seeking Alpha News (Wed, 13-May 2:21 AM ET)
The SPDR S&P Metals & Mining ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Metals and Mining Select Industry Index (the Index ). The S&P Metals & Mining Select Industry Index (the Index ) represents the metals and mining segment of the S&PTotal Market Index ( S&P TMI ). The S&P TMI is designed to track the broad U.S. equity market. The metals & mining segment of the S&P TMI comprises the following sub-industries: Aluminum, Coal & Consumable Fuels, Copper, Diversified Metals & Mining, Gold, Precious Metals & Minerals, Silver, and Steel. The Index is one of twenty-one (21) of the S&P Select Industry Indices (the Select Industry Indices ), each designed to measure the performance of a narrow sub-industry or group of sub-industries determined based on the Global Industry Classification Standard ( GICS ).
State Street SPDR S&P Metals & Mining ETF trades on the ARCA stock market under the symbol XME.
As of May 12, 2026, XME stock price declined to $123.60 with 2,204,132 million shares trading.
XME has a beta of 0.99, meaning it tends to be less sensitive to market movements. XME has a correlation of 0.19 to the broad based SPY ETF.
XME has a market cap of $5.62 billion. This is considered a Mid Cap stock.
In the last 3 years, XME traded as high as $135.68 and as low as $44.17.
XME has outperformed the market in the last year with a price return of +109.7% while the SPY ETF gained +27.9%. However, in the short term, XME had mixed performance relative to the market. It has underperformed in the last 3 months, returning +6.0% vs +8.6% return in SPY. But in the last 2 weeks, XME shares have fared better than the market returning +5.6% compared to SPY +3.7%.
XME support price is $121.85 and resistance is $127.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XME shares will trade within this expected range on the day.
