XME Rode Gold to a Near Double, Now Freeport’s Q2 Restart Will Test the Rally
The SPDR S&P Metals & Mining ETF (NYSEARCA:XME) has nearly doubled over the past year, climbing from around $62 to $118, as investors pile into commodities exposed to electrification, defense, and monetary policy uncertainty. With top holdings like Newmont (NYSE:NEM), Freeport-McMoRan (NYSE:FCX), and Alcoa (NYSE:AA) combining for roughly 16% of the portfolio, XME functions as ... XME Rode Gold to a Near Double, Now Freeport’s Q2 Restart Will Test the Rally
The SPDR S&P Metals & Mining ETF (NYSEARCA:XME) has nearly doubled over the past year, climbing from around $62 to $118, as investors pile into commodities exposed to electrification, defense, and monetary policy uncertainty. With top holdings like Newmont (NYSE:NEM), Freeport-McMoRan (NYSE:FCX), and Alcoa (NYSE:AA) combining for roughly 16% of the portfolio, XME functions as ... XME Rode Gold to a Near Double, Now Freeport’s Q2 Restart Will Test the Rally