Key stats
About SPDR S&P Metals & Mining ETF
Expense ratio
0.35%
Home page
Inception date
Jun 19, 2006
XME tracks an index that provides exposure across the broad market-cap spectrum of metals and mining segment in the United States, as classified by the GICS sector classification scheme. The metals and mining segment is composed of aluminum, coal and consumable fuels, copper, diversified metals and mining, gold, precious metals and minerals, silver, and steel. The fund is equal-weighted, adjusted to constituent weights that ensures concentration and liquidity requirements. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Energy Minerals
Stock breakdown by region
Bull PutBit of an intro below to my personal trading strategies: (future idea's will be much shorter in text and to the point)....
Most if not all of my trades are based on finding the best Option Combinations for Stocks , Indexes or ETF's which I believe follow a particular trading range. This 'expected'
XME ETFThis fund might be a good alternative for hedging portfolios. Metals are always a decent alternative as a low risk instruments.
'Sector Weight
Steel 54.63%
Coal & Consumable Fuels 12.66%
Gold
XME Metals and Mining Bullish PennantXME Metals and Mining Bullish Pennant on Lower Rates, Cheaper Energy. Stagflationary Environment. Gold and Silver would be proxy trades, though overbought and overvalued relative to in my opinion relative to historical real rates which would now technically be in positive territory (Interest-Infla
XME looking higherXME recently broke above its resistance and seems ready to move higher towards the $70 area.
XME ( Metal sector)Correcting from a wedge pattern here.
Double top will bring us back to December price action (Yellowline)
XME - Aggro Minor Low BreakXME was a strong trend that hit resistance due to Macro economic data changes and has formed a 2 leg pullback.
Prices bounced off volume levels and sit at the pullback measured move target.
Trade is aggro due to the R/Y sideways trend and prices are below 34ema trend. However, there is a lot volu
XME - Long with RAF Extreme and 21 Prop - Likely 2/7/23 OnlyG/G trend with RAF above Extreme means buy between 13/21 Propulsion/Moving averages.
Need a pullback between MA with RAF above Extremes. If RAF dips below extreme, we will change to a minor low breakout buy.
21/34 Prop dots
Volume Profile in this area.
Vscore support in this area.
Aggressive Buy
one crazy ride for rare earths and related metalsas long as we hold the .382 or get immediate continuation i think metals are fine here
XME metals and mining ETFlooks solid but needs to break out above the trend line b4 taking a position
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.