IYM vs XME: Holdings Overlap
IYMiShares U.S. Basic Materials ETF
iShares · 38 holdings · $1.1B · as of 2026-04-30
XMEState Street® SPDR® S&P® Metals & Mining ETF
State Street (SPDR) · 39 holdings · $4.0B · as of 2026-08-06
Holdings snapshots are 98 days apart (IYM: 2026-04-30, XME: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are IYM and XME?
iShares U.S. Basic Materials ETF (IYM, by iShares) holds 38 positions; State Street® SPDR® S&P® Metals & Mining ETF (XME, by State Street (SPDR)) holds 39. They have 9 holdings in common, and by portfolio weight the two funds are 24.7% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 24.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 9IYM holds 38 · XME holds 39
- Weight in Shared Holdings
- IYM 33%·XME 37%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in IYM
29 of 38 positions (66.5% of the fund) are not held by XME.
Sector Breakdown
| Sector | IYM | XME |
|---|---|---|
| Materials | 88.4% | 76.0% |
| Energy | 0.0% | 20.5% |
| Industrials | 11.4% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 0.0% | 3.4% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (0% of IYM, 3% of XME).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| IYM | +5.2% | +23.1% | +34.0% | +13.6% | +9.2% | +10.8% | 1.24% |
| XME | +12.9% | +11.8% | +49.0% | +31.5% | +22.7% | +16.4% | 0.32% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in IYM vs XME →
Shared Holdings(9)
The top 9 shared positions account for 100% of the overlap, led by NEM, FCX and NUE.
 NEMNewmont Corporation COM | 10.51% | 4.63% | 4.63% |
|---|---|---|---|
 FCXFreeport-McMoRan Inc. CL B | 7.25% | 4.48% | 4.48% |
 NUENucor Corporation COM | 4.43% | 4.43% | 4.43% |
 STLDSteel Dynamics, Inc. COM | 3.38% | 3.97% | 3.38% |
 RGLDRoyal Gold, Inc. COM | 2.18% | 4.51% | 2.18% |
 RSReliance Inc COM | 2.11% | 4.32% | 2.11% |
 AAAlcoa Corporation COM | 1.83% | 2.95% | 1.83% |
 MPMP Materials Corp., Class A | 1.05% | 3.62% | 1.05% |
 CLFCleveland-Cliffs Inc COM | 0.64% | 4.02% | 0.64% |
Frequently Asked Questions
How much do IYM and XME overlap?
IYM and XME overlap by 24.7% of portfolio weight. They share 9 holdings (IYM holds 38 positions and XME holds 39), based on each fund's latest SEC-reported holdings.
Is it redundant to own both IYM and XME?
The two portfolios are 24.7% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of IYM and XME?
The largest positions held by both funds are NEM, FCX, NUE, STLD and RGLD. Together the top 9 shared positions account for 100% of the total overlap.
What does IYM own that XME doesn't?
29 positions (66.5% of IYM) are unique to IYM, led by LIN, ECL and APD. In the other direction, 30 positions (63.0% of XME) are unique to XME.