ETF comparison
XLB vs XME
Both Materials.
State Street Materials Select Sector SPDR ETF · State Street SPDR S&P Metals & Mining ETF
Holdings overlap
5 positions appear in both funds. Buying equal dollars of XLB and XME would leave roughly 16.1% of each dollar exposed to the same underlying securities.
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
5 shared in total| # | Holding | In XLB | In XME | Overlap |
|---|---|---|---|---|
| 1 | Nucor Corp | 4.39% | 4.50% | 4.39% |
| 2 | Freeport-McMoRan Inc | 5.26% | 4.36% | 4.36% |
| 3 | Newmont Corp | 7.36% | 4.26% | 4.26% |
| 4 | Steel Dynamics Inc | 3.10% | 4.46% | 3.10% |
| 5 | State Street Global Advisors | 0.01% | 0.09% | 0.01% |
Only in XLB
22 total- Linde PLC 14.42%
- Corteva Inc 4.75%
- Air Products and Chemicals Inc 4.67%
- Sherwin-Williams Co/The 4.60%
- CRH PLC 4.51%
- Vulcan Materials Co 4.51%
- Martin Marietta Materials Inc 4.40%
- Ecolab Inc 4.29%
- Dow Inc 3.75%
- PPG Industries Inc 3.01%
Only in XME
33 total- Warrior Met Coal Inc 5.02%
- Core Natural Resources Inc 4.99%
- Alcoa Corp 4.57%
- Reliance Inc 4.51%
- Peabody Energy Corp 4.36%
- Uranium Energy Corp 4.36%
- Commercial Metals Co 4.22%
- Royal Gold Inc 4.21%
- Cleveland-Cliffs Inc 4.16%
- Hecla Mining Co 4.02%
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.