RING vs XME overlap - what they share and where they differ
RING and XME share 7.9% of their weight across 3 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
RING and XME
7.9%
3 shared positions
RING
iShares MSCI Global Gold Miners ETF
Reported positions cover 101% of the fund, 39 positions · Aug 31, 2026
Top 10: 69.6%·Holdings of RING
XME
State Street(R) SPDR(R) S&P(R) Metals & Mining ETF
Reported positions cover 100% of the fund, 39 positions · Jun 30, 2026
Top 10: 44.3%·Holdings of XME
Reported positions cover RING 101%, XME 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
XME vs RING side by side
RINGiShares MSCI Global Gold Miners ETF
39
stock positions reported to the SEC
79.6% of its weight is in 36 names XME does not hold
XMEState Street(R) SPDR(R) S&P(R) Metals & Mining ETF
39
stock positions reported to the SEC
89.9% of its weight is in 36 names RING does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Basic Materials: XME has 6.7 points more of it.
The figures side by side
| RING | XME | |
|---|---|---|
| Filing date | Aug 31, 2026 | Jun 30, 2026 |
| Stock positions reported | 39 | 39 |
| Weight of the ten largest | 69.6% | 44.3% |
| Largest position | NEM 17.2% | UEC 4.8% |
| Held alone | 36 positions, 79.6% | 36 positions, 89.9% |
| Covered by stock positions | 101% | 100% |
Holdings they share
| Stock | In RING | In XME | Counted |
|---|---|---|---|
| NEMNEWMONT CORPORATION | 17.23% | 4.24% | 4.24% |
| CDECOEUR MINING, INC. | 3.45% | 4.46% | 3.45% |
| MUXMCEWEN INC. | 0.24% | 1.34% | 0.24% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in RING
Only in XME
Questions people ask
Is RING the same as XME?
7.9% of their weight sits in the same 3 holdings. RING also reports AEM, B, WPM, which the other does not. XME also reports UEC, HL, LEU, which the other does not.
How is the overlap between RING and XME measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 101% of RING and 100% of XME, so the number cannot exceed the smaller coverage.
Which holds more, XME or RING?
RING reports 39 stock positions and XME reports 39. 79.6% of RING's weight sits in names XME does not hold, and 89.9% of XME's weight in names RING does not hold. The ten largest positions are 69.6% of RING and 44.3% of XME.
How do RING and XME differ by sector?
The widest gap is Basic Materials: XME has 6.7 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
Add a third fund in the tool·All fund pairs
Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.