Symbols

XHB

State Street SPDR S&P Homebuilders ETF·NYSE

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Key Stats

Assets Under Management

1.74BUSD

Fund Flows (1Y)

-82.90MUSD

Dividend Yield

0.74%

Discount/Premium to NAV

0.01%

Shares Outstanding

16.10M

Expense Ratio

0.35%

About State Street SPDR S&P Homebuilders ETF

Issuer

State Street Global Advisors

Brand

SPDR

Home Page

https://www.ssga.com/us/en/intermediary/etfs/state-street-spdr-sp-homebuilders-etf-xhb

Inception Date

Jan 31, 2006

Structure

Open-Ended Fund

Index Tracked

S&P Homebuilders Select Industry Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

SSgA Funds Management, Inc.

Distributor

State Street Corp. (Fund Distributor)

XHB provides quirky and diffused exposure to homebuilders. It selects US firms by market-cap, then equally weights its components--an approach that results in a portfolio that tilts away from companies that dominate the industry. The fund reaches well beyond industry bounds by our lights: Most holdings land outside the homebuilding category. While XHB doubtlessly provides more diversification, investors looking for hefty stakes in leading names won't find them here. Index rebalancing occurs quarterly.