XME - 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.
As of Jun 30, 2026: spot at $106.70, ATM IV 38.1%, max pain $115.00, net GEX -$3.0M.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $4.47B
- Beta
- 1.38
- 52-Week Range
- 66.09-135.68
- Dividend Yield
- $0.37
- IPO Date
- Jun 22, 2006
- Exchange
- AMEX
What XME Looks Like to Options Traders Today
IV rank of 41.9% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; negative net gamma exposure (-$3.0M) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.028) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The XME overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked XME overview questions
- What is XME?
- XME is the ticker symbol for State Street SPDR S&P Metals & Mining ETF, an listed exchange-traded fund. 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). Listed on AMEX. XME is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the XME options snapshot look like today?
- As of Jun 30, 2026, the XME options snapshot shows spot at $106.70, ATM IV 38.1%, IV rank 41.9%, max pain $115.00, net GEX -$3.0M, expected move 10.92%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are XME's key statistics?
- State Street SPDR S&P Metals & Mining ETF (XME) carries a market capitalization of $4.47B, 52-week range of 66.09-135.68. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does XME belong to?
- State Street SPDR S&P Metals & Mining ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare XME's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the XME data on this page?
- The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.