SPDR Homebuilders ETF

NYSE ARCA: XHB
$104.80
+$0.42 (+0.4%)
Closing price April 11, 2024
The SPDR S&P Homebuilders ETF, managed by State Street Global Advisors, focuses on the U.S. housing sector. It invests in a variety of companies within consumer discretionary and homebuilding industries, aiming to mirror the performance of the S&P Homebuilders Select Industry Index. This ETF targets both growth and value stocks across different market sizes, offering investors exposure to the home construction and household goods markets since its inception in 2006.
On a day where the U.S. weekly jobless claims hit an exponential record high of almost 3.3 million, and when the ugly recession level economic news has not even really been seen at all, does it make...
Homebuilder D.R. Horton on Monday reported better-than-expected profits and revenues for its fiscal first quarter and boosted its guidance.
Experts had expected home builder sentiment to drop rather than rise in September. It is easy to assume that low interest rates are helping builders be more confident, but some concerns were noted.
Two large homebuilding ETFs have significantly different approaches to their holdings. One focuses on builders while the other includes more suppliers and retailers.
24/7 Wall St. has come up with its own view on earnings season by sector, along with relative performance on the top exchange traded funds for those sectors.
The Commerce Department reported that construction spending was down in June. What was surprising was that the key exchange traded funds tracking homebuilders reacted favorably to the report.
Interest rates remain relatively low for homebuyers in need of a mortgage. Still, many local housing markets have experienced at least some buyer exhaustion and some trends feel like they have been...
Source: ThinkstockWhat ever happened to that prolonged, multiyear housing market recovery? Maybe the private equity buyers bought up all the bargains so fast that public transition cycle from owner...
Source: ThinkstockIt does not take a rocket scientist to figure out that months of weak housing data are signaling real underlying problems in the single-family home market. Sure, certain markets...
Source: Jon OggBob Doll, Chief Equity Strategist and Senior Portfolio Manager of Nuveen Asset Management, is out with his ten predictions for 2014. His predictions are followed by many, and he scored...
Source: ThinkstockThe National Association of Home Builders (NAHB)/Wells Fargo housing market index rose by three points from a downwardly revised 56 in July to 59 in August. Last month’s reading...
Source: ThinkstockInterest rates are rising and the 30-year mortgage just hit a 12-month high. Rising rates will eat up your spending power and erode the value of your fixed income investments. So,...
Source: ThinkstockBy now you are likely well aware that the housing crisis is not just over. The housing market is undersupplied and many markets are experiencing huge booms in their pricing. Many...
Source: ThinkstockWe have written at great length about the resurgence of homebuilding in the United States. Like any other sector, if you go long enough without production, demand catches up with...
Source: Jon OggInterest rates are nearly zero and the Federal Reserve has pledged to keep them that way until unemployment reaches 6.5% and as long as inflation does not get to a level that would be...