XME State Street SPDR S&P Metals & Mining ETF
Trend channel, buy level and 3-month target. Information only, not financial advice.
Inside the channel · 9-month channel falling
Price is between the lines.
- 9-month channel
- US$93.40 – US$117.31 · falling, −12% a year
- Price in channel
- 18% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$117.31
- Turns bearish below
- US$93.40
What broke this trend
- The fall
- -28% from US$132.762 June 2026 → 26 Oct 2026
- Whose problem it was
- This company12 of 49 Asset Management peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 5%of what it lost
- What the record says
- 67% of 81 comparable falls came back, typically in 69 days measured on its own peer group
Fell -28% (2 June 2026 → 26 Oct 2026); regained 5% so far; company-specific.
Reported at the time: S&P 500, Nasdaq 100 Drop From Records As Rate-Hike Bets Build, Oil Climbs: Stock Market Today — 3 June 2026
Price history, with the path projected 3 months forward
Updated 4:48 PM ET (19 h ago)
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$97.82
last close · 30 Oct 2026
Our target
US$113.38
by 29 Jan 2027
Projected move
15.9%
gross, before costs
Last close is our buy.
Target: XME's usual move size.
This move size: reached in 56% of 10 past stretches, typically in 42 days. (0.19% per day)
- Upper line touches
- 2
- Lower line touches
- 2
- Fit confidence
- 64%
- Fitted
- 1 Nov 2026
Company information
About State Street SPDR S&P Metals & Mining ETF
The State Street SPDR S&P Metals & Mining ETF (XME) seeks to deliver investment results that accurately reflect the total return performance of the S&P Metals and Mining Select Industry Index, prior to factoring in any fees and expenses. This fund provides targeted exposure to the crucial metals and mining segment of the S&P Total Market Index (TMI). Its holdings span a comprehensive list of sub-industries, including Aluminum, Coal & Consumable Fuels, Copper, Diversified Metals & Mining, Gold, Precious Metals & Minerals, Silver, and Steel. XME tracks a modified equal-weighted index, a design choice that aims to prevent overconcentration in any single company or sub-industry. This approach ensures a balanced representation across large, mid, and small-capitalization stocks within the sector. Ultimately, this ETF enables investors to adopt either strategic or tactical positions within the metals and mining space with a greater degree of specificity compared to broader, more general sector-based investment vehicles.
- Sector
- Financial Services
- Industry
- Asset Management
- Country
- US
https://www.ssga.com/us/en/institutional/etfs/state-street-spdr-sp-metals-mining-etf-xme
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$4.12B
- Enterprise value
- —
- Beta
- 1.30
- Avg volume
- 2.02M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 85.63-135.68
- Exchange
- AMEX
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.