XHB — State Street SPDR S&P Homebuilders ETF
Consumer Discretionary Ranked #442 of 458 tracked ETFs · Issued by State Street Investment Management
XHB Price Performance — Growth of $10,000
Value of a $10,000 investment in XHB over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
XHB Drawdown
The "underwater" chart: XHB's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in XHB?
See what a lump sum in XHB would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The State Street SPDR S&P Homebuilders ETF is a Consumer Discretionary fund managed by State Street Investment Management with $1.33 billion in assets. It holds a D grade, ranking 7th out of 8 peers in its category and 442nd of 458 across all tracked ETFs. The expense ratio of 0.35% matches the category median, while its 0.77% dividend yield slightly exceeds the 0.73% benchmark. Top holdings account for 35.6% of assets, with Owens Corning representing the largest single position at 4.1%.
Price action shows the fund trading at $100.75, which sits at 24.3% of its 52-week range. Short-term returns are negative, with one-month and year-to-date figures of -9.07% and -3.20% respectively. This contrasts with a positive three-year return of +29.23%, though the one-year loss of -14.95% lags the category median of -1.81%. The ETFValuer grade has remained at D for the last 35 tracked days, and price history is available for 3.0 years.
With a beta of 1.46, the fund exhibits higher sensitivity to market movements than the broader index. Annualized volatility of 27.87% is classified as High, contributing to a maximum drawdown of -30.53%. The Sharpe ratio of -0.72 indicates that risk-adjusted returns have been negative during the measured period. Liquidity is supported by an average daily volume of 2,392,746 shares and a tight bid-ask spread of 0.02%.
AI-generated summary based on the data on this page.
XHB Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Owens Corning | 4.10% | $67M |
| 2 | Advanced Drainage Systems Inc | 3.59% | $59M |
| 3 | KB Home | 3.56% | $58M |
| 4 | Builders FirstSource Inc | 3.56% | $58M |
| 5 | Meritage Homes Corp | 3.52% | $57M |
| 6 | Toll Brothers Inc | 3.52% | $57M |
| 7 | Installed Building Products Inc | 3.48% | $57M |
| 8 | PulteGroup Inc | 3.43% | $56M |
| 9 | Masco Corp | 3.40% | $56M |
| 10 | Somnigroup International Inc | 3.40% | $55M |
Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 35.6% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how XHB's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With XHB
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with XHB's top 10 — ITB overlaps most, holding 2 of the same companies as XHB's top 10 (7.0% of XHB's assets).
| ETF | Name | Shared Companies | XHB Weight | Examples |
|---|---|---|---|---|
| ITB | iShares U.S. Home Construction ETF | 2 | 7.0% | PulteGroup Inc, Toll Brothers Inc |
| IJJ | iShares S&P Mid-Cap 400 Value ETF | 1 | 3.5% | Toll Brothers Inc |
| MDYV | State Street SPDR S&P 400 Mid Cap Value ETF | 1 | 3.5% | Toll Brothers Inc |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.78% (as of 2026-09-04) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 15.30 (as of 2026-09-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What XHB's Fees Cost You
XHB charges an expense ratio of 0.35% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
XHB Dividend Income Estimator
XHB currently yields 0.77%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
XHB Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 0.02% and average daily volume is 2.4M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $1.33B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: XHB is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
XHB Performance History
| Period | Return |
|---|---|
| 1-Day | -2.42% |
| 1-Week | -2.00% |
| 1-Month | -9.07% |
| 3-Month | -2.32% |
| 6-Month | -3.80% |
| YTD | -3.20% |
| 1-Year | -14.95% |
| 3-Year | +29.23% |
How XHB Compares to Other Consumer Discretionary ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #405 | D |
XLY | State Street Consumer Discretionary Select Sector SPDR ETF | -2.28% | 0.08% | $22.7B |
| #414 | D |
VCR | Vanguard Consumer Discretionary Index Fund ETF Shares | -1.35% | 0.09% | $6.63B |
| #419 | D |
FDIS | Fidelity MSCI Consumer Discretionary Index ETF | -1.22% | 0.084% | $1.69B |
| #424 | D |
IYC | iShares US Consumer Discretionary ETF | -4.78% | 0.37% | $1.19B |
| #425 | D |
JETS | U.S. Global Jets ETF | +9.08% | 0.6% | $765M |
| #434 | D |
XRT | State Street SPDR S&P Retail ETF | -1.10% | 0.35% | $362M |
| #442 | D |
XHB | State Street SPDR S&P Homebuilders ETF | -14.95% | 0.35% | $1.33B |
| #449 | F |
ITB | iShares U.S. Home Construction ETF | -21.48% | 0.37% | $2.36B |