Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
XHB vs XLG: how they differ
XHB and XLG hold 1% of their weight in the same names, and XLG returned more over the year.
State Street(R) SPDR(R) S&P(R) Homebuilders ETF and Invesco S&P 500 Top 50 ETF.
What they hold in common
By the books each fund has filed, XHB and XLG hold 1% of their money in the same securities at the same weight.
| Holding | XHB | XLG |
|---|---|---|
| Home Depot Inc/The | 3.28% | 0.88% |
| Only in XHB | Only in XLG |
|---|---|
| Owens Corning 4.10% | NVIDIA Corp. 13.10% |
| Advanced Drainage Systems Inc 3.60% | Apple Inc. 10.76% |
| KB Home 3.56% | Microsoft Corp. 8.18% |
| Builders FirstSource Inc 3.56% | Amazon.com, Inc. 6.99% |
| Meritage Homes Corp 3.53% | Alphabet Inc. 6.05% |
| Toll Brothers Inc 3.52% | Broadcom Inc. 4.85% |
| Installed Building Products Inc 3.49% | Alphabet Inc. 4.82% |
| PulteGroup Inc 3.44% | Meta Platforms, Inc. 3.61% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| XHB State Street(R) SPDR(R) S&P(R) Homebuilders ETF | XLG Invesco S&P 500 Top 50 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | Invesco |
| What it is | SPDR S&P Homebuilders | S&P 500 top 50 |
| Total return, 1 year | −16.6% | +12.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −34.1 pts | −5.3 pts |
| Expense ratio | 0.35% | 0.20% |
| Already in the S&P 500 | 45.7% | 100.0% |
| Holdings | 35 | 51 |
XHB in plain words
XHB is an index equity fund tracking the SPDR S&P Homebuilders. Over the year to Sep 11, 2026 it returned −16.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Jun 30, 2026, 46% of the fund by weight is stocks the S&P 500 also holds, across 35 positions, with the top ten at 35.6%. It sat 20.6% below its high of Oct 18, 2024 on Sep 11, 2026.
XLG in plain words
XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 51 positions, with the top ten at 63.6%.
Questions people ask
- Which returned more over the last year, XHB or XLG?
- In the year to Sep 12, 2026, with distributions reinvested, XHB returned −16.6% and XLG returned +12.2%, so XLG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, XHB or XLG?
- XHB charges 0.35% a year and XLG charges 0.20%, so XLG is cheaper. Fees come from each fund's prospectus.
- How much do XHB and XLG overlap with the S&P 500?
- By their latest filed holdings, 46% of XHB and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.
Other comparisons
Where to next
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, XHB against XLG, data as of Sep 12, 2026. https://etfiq.com/compare/any/XHB-XLG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources