XHB — State Street SPDR S&P Homebuilders ETF
Consumer Discretionary Ranked #429 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 (XHB) operates within the Consumer Discretionary category, which ETFValuer tracks with a total of 8 funds. Issued by State Street Investment Management, the fund holds $1.63 billion in assets under management and trades at a price of $104.68. It carries an overall rank of #429 out of 458 tracked ETFs across all categories, receiving an ETFValuer grade of D with a score of 36.1 out of 100. The fund charges an expense ratio of 0.35% and offers a dividend yield of 0.68%. The combination of a mid-tier asset size and a lower-tier ranking suggests moderate investor adoption relative to the broader universe of tracked funds. Its position as the fourth largest fund in its specific category aligns with its substantial AUM figure.
Recent performance data shows a decline over the last day with a return of -4.52%, following a -2.10% drop over the past week. The one-month return stands at -9.28%, while the three-month return has recovered slightly to -1.95%. Over the six-month period, the fund recorded a loss of -4.48%, though year-to-date returns have turned positive at +0.57%. The one-year return is currently -1.05%, contrasting sharply with a three-year return of +28.52%. This pattern indicates a divergence where short-term trends are negative while the longer-term three-year horizon remains positive.
The fund is assigned a High volatility label and exhibits a beta of 1.42, indicating price movements that are more pronounced than the broader market. A Sharpe ratio of -0.21 suggests that the risk-adjusted returns have been negative over the measured period. The maximum drawdown recorded for the fund is -30.53%, reflecting significant potential for capital loss during downturns. This combination of high beta and a negative Sharpe ratio implies the fund amplifies market moves while failing to generate sufficient excess return to compensate for the risk taken. The substantial maximum drawdown further highlights the severity of potential declines during adverse market conditions.
AI-generated summary based on the data on this page.
XHB Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Modine Manufacturing Co | 3.77% | $55M |
| 2 | Owens Corning | 3.52% | $51M |
| 3 | NVR Inc | 3.48% | $51M |
| 4 | Allegion plc | 3.46% | $50M |
| 5 | Williams-Sonoma Inc | 3.43% | $50M |
| 6 | Taylor Morrison Home Corp | 3.42% | $50M |
| 7 | Johnson Controls International plc | 3.39% | $49M |
| 8 | Masco Corp | 3.37% | $49M |
| 9 | Trane Technologies PLC | 3.37% | $49M |
| 10 | DR Horton Inc | 3.36% | $49M |
Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 34.6% 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 1 of the same companies as XHB's top 10 (3.5% of XHB's assets).
| ETF | Name | Shared Companies | XHB Weight | Examples |
|---|---|---|---|---|
| ITB | iShares U.S. Home Construction ETF | 1 | 3.5% | NVR Inc |
| VBR | Vanguard Morningstar Small-Cap Value ETF | 1 | 3.4% | Williams-Sonoma Inc |
| PAVE | Global X U.S. Infrastructure Development ETF | 1 | 3.4% | Trane Technologies PLC |
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: 4.61% (as of 2026-07-28) — 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): 18.21 (as of 2026-07-28) — 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 2026-06-01) — 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 0.68%. 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 1.77% and average daily volume is 2.7M/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 $1.63B 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 | -4.52% |
| 1-Week | -2.10% |
| 1-Month | -9.28% |
| 3-Month | -1.95% |
| 6-Month | -4.48% |
| YTD | +0.57% |
| 1-Year | -1.05% |
| 3-Year | +28.52% |
How XHB Compares to Other Consumer Discretionary ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #378 | C |
JETS | U.S. Global Jets ETF | +26.51% | 0.6% | $959M |
| #397 | D |
XLY | State Street Consumer Discretionary Select Sector SPDR ETF | -0.54% | 0.08% | $22.6B |
| #402 | D |
XRT | State Street SPDR S&P Retail ETF | +12.90% | 0.35% | $381M |
| #407 | D |
VCR | Vanguard Consumer Discretionary Index Fund ETF Shares | +1.49% | 0.09% | $6.83B |
| #415 | D |
FDIS | Fidelity MSCI Consumer Discretionary Index ETF | +1.51% | 0.084% | $1.70B |
| #417 | D |
IYC | iShares US Consumer Discretionary ETF | -1.35% | 0.38% | $1.16B |
| #429 | D |
XHB | State Street SPDR S&P Homebuilders ETF | -1.05% | 0.35% | $1.63B |
| #437 | F |
ITB | iShares U.S. Home Construction ETF | -3.45% | 0.38% | $2.60B |