XHB

State Street SPDR S&P Homebuilders ETF

$103.32
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The SPDR S&P Homebuilders ETF (XHB) 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.

Overview

ETF tracking State Street SPDR S&P Homebuilders ETF

Category Other
Issuer State Street
Inception Date 2008-11-07
Market Cap $1.7B
Average Volume N/A
Dividend Yield 0.77%
52-Week Range $86.79 - $125.16
VWAP $103.58

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The SPDR S&P Homebuilders ETF (XHB) 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.

🎯 Investment Strategy

The fund invests in a portfolio of securities that seeks to track the performance of the underlying index, which is designed to measure the performance of the homebuilding segment of the S&P Total Market Index. The fund uses a passive management approach to track the index.

✨ Key Features

  • Provides exposure to the homebuilding industry through a diversified portfolio of stocks
  • Uses a passive, index-tracking investment strategy
  • Low expense ratio of 0.00%
  • Relatively small fund size with $0 in assets under management

⚠️ Primary Risks

  • Concentration risk: The fund's focus on the homebuilding industry means it is subject to the risks associated with that sector
  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index
  • Liquidity risk: The fund may have difficulty trading certain securities due to low trading volume

👤 Best For

The SPDR S&P Homebuilders ETF may be suitable for investors seeking exposure to the homebuilding industry as part of a diversified portfolio. However, due to the fund's small size and lack of performance history, it may be more appropriate for experienced investors who understand the risks associated with sector-specific ETFs.