The S&P Metals & Mining Select Industry Index represents the metals and mining sub-industry portion of the S&P Total Market Index. This post details a Microsoft Excel dashboard that tracks the day's performance of the holdings of the State Street® SPDR® S&P® Metals & Mining ETF (Symbol: XME).
From the State Street website regarding the objective of the ETF: "The S&P Metals & Mining Select Industry Index (the "Index") represents the metals and mining segment of the S&P Total Market Index ("S&P TMI"). The S&P TMI is designed to track the broad U.S. equity market. The metals & mining segment of the S&P TMI comprises the following sub-industries: Aluminum, Coal & Consumable Fuels, Copper, Diversified Metals & Mining, Gold, Precious Metals & Minerals, Silver, and Steel. The Index is modified equal weighted."
The image below displays the XME (Blue) ETF's performance compared to the S&P 500 ETF (Black) from the end of 2025.
Here is a list of the current top ten holdings:
| Ticker | Company | Weight (%) |
|---|---|---|
| S.NUE | Nucor Corp | 5.41% |
| S.STLD | Steel Dynamics Inc | 5.14% |
| S.RS | Reliance Inc | 4.79% |
| S.CLF | Cleveland Cliffs Inc | 4.73% |
| S.US.FCX | Freeport-McMoRan Inc | 4.36% |
| S.UEC | Uranium Energy Corp | 4.34% |
| S.CMC | Commercial Metals Co | 4.23% |
| S.USAR | USA Rare Earth Inc | 4.14% |
| S.AA | Alcoa Corp | 4.12% |
| S.MP | MP Materials Corp | 4.09% |
Here is a list of the top 5 performers as of 5/13/2026 for 2026:
| Symbol | Company | %NC |
|---|---|---|
| S.US.USAR | Nucor Corp | 113.61% |
| S.US.UAMY | Steel Dynamics Inc | 98.61% |
| S.US.HYMC | Reliance, Inc. | 83.55% |
| S.US.MTRN | Cleveland-Cliffs Inc. | 69.76% |
| S.US.CENX | Commercial Metals Co | 64.22% |
Here is the bottom 5 performers as of 5/13/2026 for 2026:
| Symbol | Company | %NC |
|---|---|---|
| S.US.AMR | Suncoke Energy, Inc. | -10.23% |
| S.US.METC | Metallus Inc. | -14.94% |
| S.US.CLF | Dakota Gold Corp. | -17.24% |
| S.US.BTU | AMERICAN BATTERY CM | -19.02% |
| S.US.LEU | LIGHTBRIDGE CORP | -20.78% |
Below is an image of the downloadable Excel Dashboard. During the trading session, the Excel dashboard dynamically ranks the individual stocks held by XME.
The Excel dashboard displayed below shows the top fifteen positive and bottom fifteen negative performers as histogram bar charts, along with their respective net percent change for today's trading session.
The top section of the quote display allows you to enter your own symbols.
The second section displays the top fifteen performers. The third section displays the bottom fifteen performers.
Quote data includes today's net change as a ratio to the 21-day Average True Range study. Next to today's traded volume is a column that calculates the ratio of today's volume versus the 21-day average of the volume. This ratio column gives you a sense of how active today's trading is relative to recent history. Readings of 100% and higher indicate active trading.
A key feature next to each company name is a link to Yahoo Finance. Clicking the News link will take you to the Yahoo page for that symbol. Note that this could take approximately 30 seconds to open in a browser. Turning off Extensions in your browser will make this happen faster.
If you open another Excel spreadsheet, then this dashboard will no longer be the active spreadsheet. The macro that updates the links and ranks the stocks by performance will stop. To start the macro, simply click the News toolbar button in the first column.
The current holdings are as of 4/24/2026. There is a Symbols tab with instructions detailing where to download the latest posted spreadsheet with the current holdings and steps to update the dashboard.
Make sure to lower your Excel Realtime Data (RTD) throttle to 50 milliseconds or lower. Learn how to do that here.
Requires CQG Integrated Client or CQG QTrader, data enablements for the NYSE and Nasdaq.