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XHB ETF Profile


Family: State Street (SPDR)
Name: SPDR S&P Homebuilders ETF
Inception Date: 31-Jan-2006
Termination Date:
Investment Objective: The ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Kensho New Economies Composite Index. The Index is comprised of U.S.-listed equity securities (including depositary receipts) of companies domiciled across developed and emerging markets worldwide. The Index is designed to capture companies whose products and services are driving innovation and transforming the global economy through the use of existing and emerging technologies, and rapid developments in robotics, automation, artificial intelligence, connectedness and processing power ("New Economies companies").The Index is comprised of each of the eligible Kensho New Economies Sub-Indexes. Each Kensho Sub-Index is weighted by its Sharpe ratio with an annual reconstitution. There are currently 22 Sub-Indexes in the Composite. Kensho identifies companies in its New Economy Subsectors using its propriety Natural Language Processing "NLP", which leverages their artificial intelligence capabilities to screen regulatory forms for key words and phrases in the appropriate context relevant to the respective new economy sector to find companies for inclusion.
Prospectus
Top 10 Holdings
WILLIAMS SONOMA INC WSM 4.5507%
CARLISLE COS INC CSL 4.0861%
OWENS CORNING OC 3.9893%
TRANE TECHNOLOGIES PLC TT 3.9884%
JOHNSON CONTROLS INTERNATION JCI 3.9621%
CARRIER GLOBAL CORP CARR 3.9100%
LENNOX INTERNATIONAL INC LII 3.8334%
NVR INC NVR 3.8292%
PULTEGROUP INC PHM 3.7504%
TOLL BROTHERS INC TOL 3.6891%
Top 10 Holdings Weight: 39.6%
Number of Holdings: 37
Shares Outstanding: 17,900,016
Total Net Assets: 1,834,215,000
NAV: 102.49
Net Expense Ratio: 0.35%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
Region:
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Currency:
Commodity:
Sector: Consumer Discretionary
Industry: Homebuilders
Dividend Type:
Tax Exempt State:
Maturity Duration:
Market Cap: Broad Market / Multi-Cap
Credit Quality:
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Gov't Bond Types:
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Leverage Direction/Factor:
Is Currency Hedged: No
US or Ex-US: Domestic