XHB 📈 SPDR S&P Homebuilders - Overview

The SPDR S&P Homebuilders ETF (NYSE ARCA:XHB) is an exchange-traded fund (ETF) that aims to replicate the performance of the S&P Homebuilders Select Industry Index. To achieve this, the fund uses a sampling strategy, which involves investing in a representative selection of securities that make up the index.

The index itself is a subset of the S&P Total Market Index (S&P TMI), focusing specifically on the homebuilders segment. This means that the ETF provides exposure to a diverse range of companies involved in the homebuilding industry, including construction, building products, and home furnishings.

The fund's investment strategy involves allocating at least 80% of its total assets to the securities that comprise the index. This approach enables investors to gain broad exposure to the homebuilders sector, while also benefiting from the diversification that comes with investing in a basket of securities.

As a US-domiciled fund, the SPDR S&P Homebuilders ETF is listed on the NYSE Arca exchange, providing investors with easy access to the fund. For more information, investors can visit the fund's website at http://www.spdrs.com.