XME vs. AMID ETF Comparison
Comparison of SPDR S&P Metals & Mining ETF (XME) to Argent Mid Cap ETF (AMID)
XME
SPDR S&P Metals & Mining ETF
XME Description
The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the metals and mining segment of a U.S. total market composite index. In seeking to track the performance of the S&P Metals & Mining Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the metals and mining industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.
Grade (RS Rating)
Last Trade
$68.48
Average Daily Volume
1,675,949
36
AMID
Argent Mid Cap ETF
AMID Description
AMID aims to outperform the Russell MidCap Index over the long term by applying Change-Based Investing strategies. The fund actively invests in stocks undergoing positive internal or external change, which the issuer believes could lead to underappreciated growth. The starting universe begins with 1,500 US mid-cap stocks that are screened for liquidity and grouped by sector. Using their proprietary Argent Alpha Model, stocks are ranked under four main categories: Value, Growth, Quality, and Stability. Stocks within each sector with positive exposure to outperforming factors are considered. The remaining companies are grouped into current and future market segments based on expected outperformance in the current or future market cycle. Finally, the fund uses fundamental analysis to select 35-50 stocks with prospect improvements at the company or industry level. Sectors may be overweighted at various times in the economic cycle. Individual securities are capped at 8%.Grade (RS Rating)
Last Trade
$36.72
Average Daily Volume
7,812
37
Performance
Period | XME | AMID |
---|---|---|
30 Days | 3.96% | 4.32% |
60 Days | 13.61% | 3.96% |
90 Days | 14.72% | 4.88% |
12 Months | 30.00% | 34.06% |
0 Overlapping Holdings
Symbol | Grade | Weight in XME | Weight in AMID | Overlap |
---|
XME Overweight 36 Positions Relative to AMID
Symbol | Grade | Weight | |
---|---|---|---|
AA | A | 5.41% | |
STLD | B | 5.22% | |
CRS | B | 5.16% | |
HCC | B | 4.9% | |
CMC | B | 4.89% | |
RS | B | 4.76% | |
BTU | B | 4.58% | |
CEIX | A | 4.45% | |
NUE | C | 4.35% | |
FCX | F | 4.33% | |
X | B | 4.31% | |
CLF | F | 4.11% | |
ARCH | B | 3.99% | |
UEC | B | 3.93% | |
ATI | C | 3.88% | |
RGLD | C | 3.84% | |
AMR | C | 3.71% | |
HL | D | 3.51% | |
NEM | D | 3.23% | |
MP | C | 2.69% | |
CDE | C | 2.66% | |
CENX | B | 1.46% | |
LEU | C | 1.44% | |
KALU | C | 1.25% | |
MTRN | C | 1.15% | |
SXC | A | 0.98% | |
RYI | C | 0.92% | |
IE | C | 0.77% | |
WS | C | 0.75% | |
MTUS | C | 0.53% | |
HAYN | A | 0.51% | |
GATO | C | 0.5% | |
METC | C | 0.48% | |
MUX | D | 0.44% | |
RDUS | B | 0.4% | |
ZEUS | C | 0.4% |
XME Underweight 37 Positions Relative to AMID
Symbol | Grade | Weight | |
---|---|---|---|
FICO | B | -3.79% | |
CTAS | B | -3.66% | |
CPRT | B | -3.56% | |
BLDR | D | -3.43% | |
FTNT | C | -3.34% | |
HLI | A | -3.2% | |
CBZ | B | -2.93% | |
LPLA | A | -2.87% | |
CDW | F | -2.86% | |
VCTR | B | -2.86% | |
DHI | F | -2.85% | |
IT | C | -2.83% | |
MEDP | D | -2.69% | |
MUSA | B | -2.63% | |
HCA | F | -2.49% | |
BAH | F | -2.45% | |
BLD | D | -2.43% | |
OMF | A | -2.4% | |
URI | C | -2.35% | |
AFG | A | -2.28% | |
GDDY | A | -2.24% | |
A | D | -2.12% | |
ADUS | D | -2.09% | |
CG | B | -2.05% | |
SCI | B | -2.05% | |
TPX | B | -1.99% | |
AME | A | -1.98% | |
ICFI | F | -1.93% | |
LNG | A | -1.69% | |
CHDN | B | -1.57% | |
ABG | C | -1.55% | |
ENTG | D | -1.52% | |
MOH | F | -1.44% | |
PATK | C | -1.35% | |
TTEK | F | -1.33% | |
AX | B | -1.11% | |
EXPO | D | -0.99% |
XME: Top Represented Industries & Keywords
AMID: Top Represented Industries & Keywords