MP Materials (MP) stock vs the S&P 500 and mining stocks
As of 12 October 2026, MP Materials (MP) is trailing both the S&P 500 and mining stocks as a group (XME) over the past three months.
Where MP Materials stands now
As of 12 October 2026, MP Materials is behind the S&P 500 on every window Zensei tracks, from one month to one year. The market has preferred other stocks for some time.
Inside its group, MP lags: it is behind mining stocks (XME) over both the past month and three months. As a group, mining stocks are losing ground to the S&P 500 right now. The group is in transition, so the stock's place inside it matters more than usual.
MP Materials is 4.6% of XME, so its moves weigh on the fund. The thing to watch is the past month: a turn against the market usually shows there first.
MP Materials peers in mining stocks
The largest other holdings of SPDR S&P Metals & Mining ETF (XME), by weight in the fund, with their plain return over the past month. They share the fund with the stock. They are not always direct business competitors.
Is MP Materials in the S&P 500?
As of 12 October 2026, MP Materials is not in the S&P 500. Zensei groups it with mining stocks (XME), where it has 4.6% weight.
None of the 11 S&P 500 sector funds holds it. See Mining Stocks (XME)
MP Materials ETF: the funds that hold MP
One fund that Zensei tracks holds MP. The main sector is the fund Zensei groups it with. The other funds follow by weight.
MP stock performance: 1-month, 3-month and 1-year vs the S&P 500
MP Materials and the S&P 500 (SPY) side by side, over each window Zensei tracks.
Prices as of · computed from daily adjusted closes · how we measure
MP against mining stocks, in depth
See the size of the gap between MP Materials and mining stocks (XME) over every window, its momentum and its relative strength, and where it sits among mining stocks.
See the full analysisMP Materials stock: common questions
Which stocks are MP Materials's peers?
As of 12 October 2026, the largest other holdings of SPDR S&P Metals & Mining ETF (XME) by weight are Materion Corp (MTRN), Reliance Inc (RS), Steel Dynamics Inc (STLD), Freeport-Mcmoran Inc (FCX), Cleveland-Cliffs Inc (CLF). They share the fund with MP Materials. They are fund peers among mining stocks, not always direct business competitors.
Which ETFs hold MP Materials?
As of 12 October 2026, one fund that Zensei tracks holds MP. Zensei groups it with mining stocks in SPDR S&P Metals & Mining ETF (XME), where its weight is 4.6%.
Is MP Materials in the S&P 500?
As of 12 October 2026, MP Materials is not in the S&P 500. Zensei groups it with mining stocks (XME), where it has 4.6% weight.
What sector is MP Materials in?
As of 12 October 2026, Zensei groups MP Materials with mining stocks (XME, its primary fund).
Is MP Materials stock beating the S&P 500?
As of 12 October 2026, MP Materials (MP) is down 14.2% over the past month. The S&P 500 is up 2.1% over the same month. Over three months, the stock is down 12.4% and the S&P 500 is up 4.1%.
Is MP Materials doing better than other mining stocks?
As of 12 October 2026, MP Materials (MP) is behind mining stocks as a group (XME) over the past three months. Zensei Edge shows the size of the gap, its momentum and its relative strength.
Recent changes
- ·First tracked: trailing the market and mining stocks
Track MP Materials against mining stocks and the market
Zensei Edge maps 100+ sectors and themes against the S&P 500, with each stock inside them measured against its group.