14-Sep-2026
No press releases found.
SA Asks: What's the best copper stock play right now?
Seeking Alpha News (Fri, 11-Sep 2:00 PM ET)
State Street SPDR S&P Metals & Mining ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the metals and mining segment of a U.S. total market composite index. In seeking to track the performance of the S&P Metals & Mining Select Industry Index (the "Index"), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. The Index represents the metals and mining segment of the S&P Total 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 September 14, 2026, XME stock price declined to $110.17 with 1,676,750 million shares trading.
XME has a beta of 1.39, meaning it tends to be more sensitive to market movements. XME has a correlation of 0.26 to the broad based SPY ETF.
XME has a market cap of $4.54 billion. This is considered a Mid Cap stock.
In the last 3 years, XME traded as high as $135.68 and as low as $45.89.
XME has outperformed the market in the last year with a return of +28.5%, while the SPY ETF gained +16.8%. However, in the most recent history, XME shares have underperformed the stock market with its stock returning -6.8% in the last 3 month period and -7.2% for the last 2 week period, while SPY has returned +3.4% and -1.1%, respectively.
XME support price is $110.93 and resistance is $116.33 (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.