ETF comparison
XLB vs XME
Both Materials.
State Street Materials Select Sector SPDR ETF · State Street SPDR S&P Metals & Mining ETF
Holdings overlap
4 positions appear in both funds. Buying equal dollars of XLB and XME would leave roughly 15.8% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
XLB is 27 bps cheaper than XME. On a $100,000 position that's about $270/yr more in fees for XME.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with XLB vs XME.
Top shared holdings
4 shared in total| # | Holding | In XLB | In XME | Overlap |
|---|---|---|---|---|
| 1 | Freeport-McMoRan Inc | 5.30% | 4.26% | 4.26% |
| 2 | Newmont Corp | 5.84% | 4.24% | 4.24% |
| 3 | Nucor Corp | 3.88% | 3.74% | 3.74% |
| 4 | Steel Dynamics Inc | 3.73% | 3.60% | 3.60% |
Only in XLB
22 total- Linde PLC 14.06%
- Corteva Inc 4.96%
- Sherwin-Williams Co/The 4.94%
- Ecolab Inc 4.73%
- Vulcan Materials Co 4.72%
- CRH PLC 4.67%
- Air Products and Chemicals Inc 4.62%
- Martin Marietta Materials Inc 4.55%
- PPG Industries Inc 3.62%
- Smurfit Westrock PLC 3.25%
Only in XME
35 total- Uranium Energy Corp 4.76%
- Hecla Mining Co 4.62%
- Centrus Energy Corp 4.60%
- USA Rare Earth Inc 4.47%
- Coeur Mining Inc 4.46%
- MP Materials Corp 4.41%
- Royal Gold Inc 4.26%
- Materion Corp 4.22%
- Reliance Inc 3.99%
- Core Natural Resources Inc 3.69%
Related comparisons
More comparisons with XLB
- XLB vs GUNR · Northern Trust Morningstar Global Upstream Natural Resources ETF 10.8%
- XLB vs PICK · iShares MSCI Global Metals & Mining Producers ETF 10.7%
- XLB vs GDX · VanEck Gold Miners ETF 5.8%
- XLB vs COPX · Global X Copper Miners ETF 4.8%
- XLB vs GDXJ · VanEck Junior Gold Miners ETF 0.0%
- XLB vs URA · Global X Uranium ETF 0.0%
More comparisons with XME
Percentages are holdings overlap with the named fund.
Open XLB or XME at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.