State Street SPDR S&P Homebuilders ETF
XHB
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 1 Iron Street Boston MA United States of America 2210
- IPO Date
- Feb 6, 2006
- CIK
- 0001064642
- Website
- ssga.com
- Similar Companies
- Business
- SPDR S&P Homebuilders ETF (XHB) is an exchange-traded fund that seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Homebuilders Select Industry Index. The fund employs a representative sampling technique to track the modified equal-weighted index, which comprises U.S. companies from the homebuilders segment of the S&P Total Market Index, including the Homebuilding sub-industry along with exposure to Building Products, Home Furnishings, Home Improvement Retail, Homefurnishing Retail, and Household Appliances sub-industries; it holds approximately 35 stocks, with top holdings such as Cavco Industries Inc., Allegion PLC, Champion Homes Inc., Johnson Controls International, Trane Technologies PLC, and PulteGroup Inc. Launched on January 31, 2006, and headquartered in Boston, Massachusetts, under the management of State Street Global Advisors (SSGA Funds Management, Inc.), XHB targets investors seeking targeted exposure to the homebuilding sector across large-, mid-, and small-cap U.S. equities, with assets under management around $1.7-1.9 billion, a gross expense ratio of 0.35%, and quarterly index rebalancing. The ETF operates exclusively in the U.S. market, providing unconcentrated industry exposure through its equal-weighting methodology, which avoids heavy concentration in dominant firms and extends beyond pure homebuilding to related residential construction and improvement areas. It distributes qualified dividends and is non-diversified under certain conditions due to index tracking, subjecting it to sector-specific volatility from economic cycles, interest rates, and housing market fluctuations. XHB serves institutional and retail investors pursuing tactical or strategic positions in the cyclical homebuilders industry, distinct from broader sector ETFs. In recent developments as of September 2025, the fund maintained stable operations with no major structural changes such as acquisitions, funding rounds, or name changes; however, it experienced net outflows of approximately $217-231 million over the past year amid market volatility, while delivering year-to-date returns of about 6.6% (NAV basis) and quarterly gains of 12.6% through Q3 2025, reflecting resilience in underlying holdings despite broader sector pressures. Portfolio weights adjusted quarterly per index methodology, with top holdings showing varied performance, including gains in Johnson Controls (+44.86% YTD) and declines in Champion Homes (-27.72%). No significant partnerships, new product launches, or reorganizations were reported in the last 1-2 years, underscoring its passive, index-tracking continuity.