Conclusion, Investment Implications, Strategy

The SPDR S&P SPDR S&P Metals and Mining ETF (XME) is in the midst of a May 1st minor uptrend amid monthly expansion in investor assets and quarterly relative outperformance versus the S&P 500 (SPY).  Together, these factors establish favorable conditions for more outright strength and relative outperformance by XME and other metals and mining related assets.  

XME: In A Major Uptrend Amid Expanding Assets And Relative Outperformance

The green highlights in the upper panel of Chart 1 below indicate that the SPDR S&P Metals & Mining ETF (XME) is currently in a minor uptrend, as defined by its 50-day moving average, and that this trend was most recently tested and held on August 1st.  The middle panel shows that the total net assets invested in XME(AUM) have been in a monthly trend of expansion since May 12th, and that this trend was most recently tested  and held on Jly 31st and Aug 19th.  The lower panel shows that XME  is also in the midst of an Apr 11th trend of quarterly relative outperformance versus the benchmark S&P 500 (SPY).  Together, these metrics indicate favorable conditions for XME to continue its recent strength. 

Chart 1

Current Sector & Industry Group Ideas

Table 1 below is also accessible via the Asbury ETF Trade Ideas rectangle at the top of the Research Center.

Table 1

Click the table to make it larger

Performance Metrics Through June 30th 2025

Table 2 below breaks down the 96 individual trade ideas as published in real time via our Asbury ETF Trade Ideas from March 17th, 2023, through June 30th, 2025, which is a little more than 2 years.  Our Asbury ETF Trade Ideas are accessible directly from the Research Center and available via the lower right rectangle at the top of that page.

These ideas are intended to be potential short-term trading opportunities rather than long-term investments.  However, many users use them to provide exceptional, low-risk entry points into ETFs that they want to add as long-term portfolio holdings.

In addition, since the 27 months of data shown below indicate 1) how long our average holding period has been (18 days) and 2) what our average percent gain has been (4.6%) for winning trades, options traders may consider using these data to purchase out-of-the-money calls with less than a month left until expiration.

Table 2

Glossary Of Financial Terms
Performance Highlights
  • the percentage of winning trades is higher than the percentage of losing trades.
  • the average winning trade is almost double the average losing trade.
  • the average winning trade length (in days) is more than twice as long as the average losing trade length.
  • During the past 27 months, our model has, on average, produced one new trade idea per week.
How We Choose Which ETFs To Trade

Our selection process is to scan a broad list of ETFs daily, looking for four characteristics of successful trades:

  1. a positive major price trend
  2. monthly relative outperformance versus the benchmark S&P 500
  3. monthly investor asset expansion
  4. favorable risk/reward characteristics. 

Contact us with questions or for additional information.