SLX vs XME
VanEck Steel ETF against State Street SPDR S&P Metals & Mining ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
20%
6 shared positions
Fee gap
20 bp
XME is cheaper
1-year return gap
33.1 pts
SLX is ahead
Larger fund
XME
$4.1B
Side by side
| SLX | XME | |
|---|---|---|
| Fund | VanEck Steel ETF | State Street SPDR S&P Metals & Mining ETF |
| Issuer | VanEck | State Street SPDR |
| Category | Metals & Mining | Metals & Mining |
| Expense ratio | 0.55% | 0.35% |
| Assets | $159M | $4.1B |
| Average daily dollar volume | $1.2M | $164M |
| Listed | Oct 10, 2006 | Jun 19, 2006 |
| FrenzyCap score | 46 | 87 |
| 1-month return | −4.4% | −7.3% |
| 3-month return | +4.5% | +4.2% |
| Year to date | +22.3% | +2.6% |
| 1-year return | +37.1% | +4.0% |
| 30-day volatility | 20.1% | 29.6% |
| Worst drawdown, 1 year | −16.4% | −26.5% |
| Trailing 12-month yield | 1.27% | 0.32% |
| Holdings | 41 | 39 |
| Top 10 weight | 56.9% | 50.6% |
| Look-through P/E | — | 48.5 |
| Holdings vs fair value | +3.5% | +12.2% |
| Holdings above 200-day average | 65% | 43% |
| Net flow, latest 3 reported months | +$13M thru Jun 2026 | +$78M thru Jun 2026 |
| 30-day implied volatility | 28.8% | 29.2% |
| Holdings as of | as of Oct 8, 2026issuer data | as of Oct 8, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
22% of SLX · 27% of XME
Sector mix of the stock holdings
| Sector | SLX | XME | Gap |
|---|---|---|---|
| Materials | 55.1% | 83.6% | −28.5% |
| Industrials | 4.9% | 11.6% | −6.6% |
| Financials | 0.0% | 4.8% | −4.8% |
More: full overlap table · SLX holdings · XME holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.