Spdr Sp Homebuilders Etf Profile
| XHB Etf | USD 119.94 2.03 1.72% |
Performance3 of 100
| Odds Of DistressLess than 9
|
SPDR SP is trading at 119.94 as of the 25th of November 2024, a 1.72 percent increase since the beginning of the trading day. The etf's open price was 117.91. SPDR SP has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for SPDR SP Homebuilders are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
In seeking to track the performance of the SP Homebuilders Select Industry Index , the fund employs a sampling strategy. SP Homebuilders is traded on NYSEARCA Exchange in the United States. More on SPDR SP Homebuilders
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SPDR Etf Highlights
| President | Michael Riley |
| Thematic Ideas | (View all Themes) |
| Old Name | SPDR Series Trust - SPDR S&P Homebuilders ETF |
| Business Concentration | Sector ETFs, Consumer Discretionary ETFs, Consumer Cyclical, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2006-01-31 |
| Benchmark | S&P Homebuilders Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 2.16 Billion |
| Average Trading Valume | 1.97 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Consumer Discretionary |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Feehily, Karl Schneider, Raymond Donofrio |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 53.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.35 |
| Management Fee | 0.35 |
| Country Name | USA |
| Returns Y T D | 25.89 |
| Name | SPDR SP Homebuilders ETF |
| Currency Code | USD |
| Open Figi | BBG000MQSW88 |
| In Threey Volatility | 30.75 |
| 1y Volatility | 31.55 |
| 200 Day M A | 110.1 |
| 50 Day M A | 120 |
| Code | XHB |
| Updated At | 24th of November 2024 |
| Currency Name | US Dollar |
SPDR SP Homebuilders [XHB] is traded in USA and was established 2006-01-31. The fund is classified under Consumer Cyclical category within SPDR State Street Global Advisors family. The entity is thematically classified as Sector ETFs. SPDR SP Homebuilders at this time have 1.01 B in net assets. , while the total return for the last 3 years was 13.5%.
Check SPDR SP Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR SP Homebuilders Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top SPDR SP Homebuilders Etf Constituents
| BBBY | Bed Bath Beyond | Stock | Consumer Discretionary | |
| TPX | Tempur Sealy International | Stock | Consumer Discretionary | |
| AOS | Smith AO | Stock | Industrials | |
| WSM | Williams Sonoma | Stock | Consumer Discretionary | |
| ALLE | Allegion PLC | Stock | Industrials | |
| WHR | Whirlpool | Stock | Consumer Discretionary | |
| TT | Trane Technologies plc | Stock | Industrials | |
| TREX | Trex Company | Stock | Industrials |
SPDR SP Top Holders
| AGOX | Adaptive Alpha Opportunities | Etf | Tactical Allocation | |
| RQEIX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation | |
| RQEAX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation | |
| RQECX | Resq Dynamic Allocation | Mutual Fund | Tactical Allocation | |
| WIZ | MerlynAI Corp | Etf | Moderate Allocation | |
| NAVIX | Navigator Equity Hedged | Mutual Fund | Long-Short Equity | |
| NAVAX | Navigator Equity Hedged | Mutual Fund | Long-Short Equity | |
| NAVCX | Navigator Equity Hedged | Mutual Fund | Long-Short Equity |
SPDR SP Homebuilders Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR SP. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0502 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.03) |
SPDR SP Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Homebuilders. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
The market value of SPDR SP Homebuilders is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.