SPDR S&P Metals & Mining ETF (XME)

metals mining materials

This ETF provides exposure to the metals and mining segment of the S&P TMI, which includes steel, aluminum, precious metals, and coal. It offers a way to invest in the producers of raw materials essential for industrial production and infrastructure development. The fund's equal-weight approach ensures diversification across various subsectors of the metals and mining industry. Its performance is closely tied to global economic growth and commodity price trends.