Is XHB a good investment?

State Street SPDR S&P Homebuilders ETF (XHB) is a real estate and infrastructure ETF. As of September 11, 2026, ETF Copilot scores XHB 3.5 out of 10 — highest on Growth (7.2), lowest on Risk (1.1). It trades at 18.5 times earnings, against its own median of 15.7. Its ten largest holdings are 39% of the fund.

Updated September 11, 2026

How is XHB rated? ETF Copilot scores State Street SPDR S&P Homebuilders ETF (XHB) 3.5 out of 10

As of September 11, 2026, ETF Copilot scores State Street SPDR S&P Homebuilders ETF (XHB) 3.5 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 3.5 / 10
Growth: 7.2 / 10
Valuation: 2.2 / 10
Risk: 1.1 / 10
Quality: 1.6 / 10
Return: 3.6 / 10

What is XHB's expense ratio? 0.35% a year

As of September 11, 2026, XHB charges 0.35% a year, yields 0.97% and holds $1.3B in assets across 33 positions.

State Street SPDR S&P Homebuilders ETF (XHB) — cost, income and size
Measure	XHB
Expense ratio	0.35%
Dividend yield	0.97%
Assets under management	$1.3B
Holdings	33

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in XHB's data

Tracks US homebuilders and related real estate companies.

Its profit margin on earnings is exceptionally low.

EBITDA margin is 14.8%, exceptionally low versus peers.

Adds targeted exposure to the US homebuilding sector, with a focus on construction and materials.

Why did XHB move this week? It fell 3.7% in the week to September 11, 2026 — Installed Building Products and KB Home drove it

XHB fell 3.7% in the week to September 11, 2026. The holdings that moved it most were Installed Building Products (−14.1%), KB Home (−6.0%) and Cavco Industries (−5.6%); Johnson Controls (+2.7%) pushed the other way.

Is XHB expensive right now? It trades at 18.5 times earnings, against its own median of 15.7

As of September 11, 2026, XHB is more expensive than 83% of its own 114 monthly readings since 2017 — 95 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside XHB?

What's inside XHB: Size (Large 21%, Mid 56%, Small 22%); Geography (International 12%, US 88%).

What are XHB's top holdings? The ten largest are 39% of the fund

Allegion, Owens Corning, Williams Sonoma, Skyline, Installed Building Products, Johnson Controls Internation, Carlisle, Pultegroup, Advanced Drainage Systems and Trane Technologies are XHB's largest holdings, in that order.

More concentrated than 65% of Real Estate & Infrastructure ETFs.

Half of XHB's weight sits in its 13 largest positions, and once those weights are taken into account it behaves like 29 equally weighted holdings.

Cite this

ETF Copilot, “State Street SPDR S&P Homebuilders ETF (XHB) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/xhb