XHB ETF — Holdings & Analysis

The State Street SPDR S&P Homebuilders ETF (XHB) is an equity ETF with $1.44 billion in assets under management and an expense ratio of 0.35%.

XHB seeks to replicate the performance of the S&P Homebuilders Select Industry Index, offering targeted exposure to companies involved in the homebuilding industry. Unlike traditional sector-based ETFs, XHB tracks a modified equal-weighted index, potentially providing less concentrated industry exposure across various market capitalization sizes.

State Street SPDR S&P Homebuilders ETF (XHB) ETF — Price, Holdings & Analysis

The State Street SPDR S&P Homebuilders ETF (XHB) is an equity ETF with $1.44 billion in assets under management and an expense ratio of 0.35%. XHB seeks to replicate the performance of the S&P Homebuilders Select Industry Index, offering targeted exposure to companies involved in the homebuilding industry. Unlike traditional sector-based ETFs, XHB tracks a modified equal-weighted index, potentially providing less concentrated industry exposure across various market capitalization sizes.

ETF Overview

The State Street SPDR S&P Homebuilders ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&PHomebuilders Select Industry Index (the "Index")Seeks to provide exposure to the homebuilders segment of the S&P TMI, comprising the Homebuilding sub-industry, and may include exposure to the Building Products, Home Furnishings, Home Improvement Retail, Homefurnishing Retail, and Household Appliances sub-industriesSeeks to track a modified equal weighted index which provides the potential for unconcentrated industry exposure across large, mid and small cap stocksAllows investors to take strategic or tactical positions at a more targeted level than traditional sector based investing

The State Street SPDR S&P Homebuilders ETF (XHB) aims to mirror the total return performance of the S&P Homebuilders Select Industry Index. This index comprises companies within the Homebuilding sub-industry of the S&P Total Market Index (TMI), and may also include firms from related sectors like Building Products, Home Furnishings, Home Improvement Retail, Homefurnishing Retail, and Household Appliances. XHB employs a modified equal weighting strategy, which helps to mitigate concentration risk and offers exposure across large, mid, and small-cap stocks. The fund's top holdings include Johnson Controls International PLC (3.86%), Carrier Global Corp (3.73%), and Carlisle Companies Inc (3.67%). With a significant allocation to Consumer Cyclical (60.6%) and Industrials (37.9%) sectors, XHB is designed for investors seeking targeted exposure to the homebuilding industry and related sectors, rather than broader market exposure. This ETF allows investors to take strategic or tactical positions at a more targeted level than traditional sector-based investing.

Risk Metrics

XHB's concentration in the consumer cyclical (60.6%) and industrials (37.9%) sectors exposes it to sector-specific risks. A downturn in the housing market or related industries could significantly impact the fund's performance. With a beta of 1.82, XHB exhibits higher volatility compared to the overall market, indicating potentially larger price swings. The fund's expense ratio of 0.35% will create a slight drag on performance over time. While the modified equal weighting strategy aims to reduce concentration risk, the fund's top 10 holdings still account for a significant portion of its assets, meaning the performance of these companies will heavily influence the ETF's returns.

Expense Ratio

0.35%

What does XHB hold?

Holding	Weight
Johnson Controls International PLC Registered Shares (JCI)	3.86%
Carrier Global Corp Ordinary Shares (CARR)	3.73%
Carlisle Companies Inc (CSL)	3.67%
Trane Technologies PLC Class A (TT)	3.59%
Installed Building Products Inc (IBP)	3.58%
Advanced Drainage Systems Inc (WMS)	3.54%
Toll Brothers Inc (TOL)	3.51%
Masco Corp (MAS)	3.50%
Lennox International Inc (LII)	3.49%
Williams-Sonoma Inc (WSM)	3.40%

How Is the Fund Allocated?

Sector	Weight
Consumer Cyclical	60.6%
Industrials	37.9%
Real Estate	1.5%

Country	Weight
United States	89.2%
Ireland	10.7%
Other	0.0%

Dividend Yield

0.69%

State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio

State Street Technology Select Sector SPDR ETF (XLK) (Equity) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) (Equity) — 0.08% expense ratio
State Street SPDR S&P 500 ETF (SPY) (Equity) — 0.09% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) (Equity) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) (Equity) — 0.16% expense ratio
State Street SPDR S&P Biotech ETF (XBI) (Equity) — 0.35% expense ratio

Risk Metrics

Beta: 1.82

Questions & Answers

What is XHB and what does it track?

The State Street SPDR S&P Homebuilders ETF (XHB) is an exchange-traded fund designed to track the performance of the S&P Homebuilders Select Industry Index. This index represents the homebuilding segment of the S&P Total Market Index (TMI).

What is the expense ratio for XHB?

The expense ratio for the State Street SPDR S&P Homebuilders ETF (XHB) is 0.35%. This means that for every $10,000 invested in the fund, $35 is deducted annually to cover operating expenses.

What are the top holdings in XHB?

As of 2026-03-15, the top holdings in the State Street SPDR S&P Homebuilders ETF (XHB) are: 1. Johnson Controls International PLC (JCI) at 3.86%, 2. Carrier Global Corp (CARR) at 3.73%, 3. Carlisle Companies Inc (CSL) at 3.67%, 4.

Trane Technologies PLC Class A (TT) at 3.59%, and 5. Installed Building Products Inc (IBP) at 3.58%.

Is XHB a good long-term investment?

Whether XHB is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and outlook on the homebuilding industry.

XHB offers targeted exposure to the homebuilding sector, which can provide diversification benefits but also exposes investors to sector-specific risks. The fund's beta of 1.82 indicates higher volatility compared to the broader market.

How does XHB compare to similar ETFs?

XHB differentiates itself through its focus on the homebuilding industry and its modified equal-weighted index. Other ETFs may offer broader exposure to the construction or consumer discretionary sectors.

XHB has $1.44 billion in assets under management and an expense ratio of 0.35%.

Does XHB pay dividends?

Yes, the State Street SPDR S&P Homebuilders ETF (XHB) distributes dividends to its shareholders. As of 2026-03-15, XHB has a dividend yield of 0.69%. The dividend yield represents the annual dividend payment as a percentage of the fund's share price.

Dividend payments can vary over time and are not guaranteed.