Definition:
XME, the SPDR S&P Metals and Mining ETF tracks the price of an sub-index comprised from the metals and mining segment of the United States total market composite index.
The gold & metals ETF seeks to emulate the performance of the S&P Metals & Mining Select Industry index. The underlying index represents the mining and metals sub-industry of the Standard & Poors TMI. The investing style for this ETF is Medium / Blend.
If you'd like to see more related funds, here is a thorough list of precious metals ETNs and ETFs. A List of Gold ETFs
And don't forget about our List of SPDRs.
