Which returned more over the last year, MBB or XHB?

In the year to Oct 28, 2026, with distributions reinvested, MBB returned −0.8% and XHB −8.6%.

Which is cheaper, MBB or XHB?

MBB is cheaper, by 0.31 percentage points a year. That is about $31 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

MBB vs XHB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, MBB returned −0.8% to XHB's −8.6%; 0% of their weight is in the same names.

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Net assets: $35.5bn on Oct 28, 2026 for iShares MBS ETF, and $1.5bn on Oct 27, 2026 for State Street SPDR S&P Homebuilders ETF.

MBB on its own →XHB on its own →

At a glance

−0.8%

MBB total return, 1 year

−8.6%

XHB total return, 1 year

0.04%

MBB expense ratio

0.35%

XHB expense ratio

Pair scorecard

MBB costs 0.31 points a year less; their one-year returns differ by 7.8 points; MBB is far larger, $35.6bn against $1.4bn.

MBB vs XHB: Differences, Returns & Fees
Measure	MBB	XHB
Return
Measure	MBB	XHB
Total return, 1 year	−0.8%	−8.6%
Drawdown
Measure	MBB	XHB
Below its high		20.5%, high on Oct 18, 2024
Benchmark
Measure	MBB	XHB
What it tracks	Bloomberg U.S. MBS Index	S&P Homebuilders Select Industry Index
Cost and size
Measure	MBB	XHB
Expense ratio	0.04%	0.35%
Net assets, as of Oct 26, 2026	$35.6bn	$1.4bn
Holdings
Measure	MBB	XHB
Holdings in common	0%
In the S&P 500, by weight		46%
Top ten holdings, share of the fund		35.4%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, MBB and XHB hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first MBB XHB

Only in one fund ↓

Only in MBB

BLACKROCK CASH CL INST SL AGENCY 5.45%

FHLMC 30YR UMBS SUPER 1.05%

UMBS 30YR TBA(REG A) 0.60%

GNMA2 30YR 0.59%

GNMA2 30YR 0.54%

FNMA 30YR UMBS 0.53%

GNMA2 30YR 0.53%

GNMA2 30YR 0.52%

Only in XHB

ALLEGION PLC 3.83%

SHARKNINJA INC 3.76%

WAYFAIR INC CLASS A 3.63%

WILLIAMS SONOMA INC 3.54%

SIMPSON MANUFACTURING CO INC 3.49%

MASCO CORP 3.49%

JOHNSON CONTROLS INTERNATION 3.46%

DR HORTON INC 3.41%

Check overlap with more funds →

Side by side

MBB iShares MBS ETF XHB State Street SPDR S&P Homebuilders ETF

Where it sits Bond ETF Stock ETF

Issuer iShares State Street

What it is Tracks an index of mortgage-backed securities Tracks the S&P Homebuilders

Total return, 1 year −0.8% −8.6%

Its benchmark over the same days −1.1% (SPMB) not measured

Gap to its benchmark +0.3 pts vs SPMB not measured

Expense ratio 0.04% 0.35%

Holdings 10813 34

Net assets, MBB as of Oct 28, 2026 and XHB as of Oct 27, 2026 $35.5bn $1.5bn

MBB and XHB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

MBB

MBB tracks an index of mortgage-backed securities. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.1% for its benchmark, the Bloomberg U.S. MBS Index. The prospectus expense ratio is 0.04% a year.

XHB

XHB tracks the S&P Homebuilders. Over the year to Oct 28, 2026 it returned −8.6% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 46% of the fund by weight is stocks the S&P 500 also holds, across 34 positions, with the top ten at 35.4%. It sat 20.5% below its high of Oct 18, 2024 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, MBB or XHB?: In the year to Oct 28, 2026, with distributions reinvested, MBB returned −0.8% and XHB −8.6%.
Which is cheaper, MBB or XHB?: MBB is cheaper, by 0.31 percentage points a year. That is about $31 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

MBB vs XRT MBB vs XLY MBB vs XLV MBB vs XLF TLT vs XHB PULS vs XHB USFR vs XHB SCHP vs XHB

Where to next

MBB on its own →XHB on its own →Hold both: look the portfolio through →Rankings →MBB dividend history →MBB holdings →XHB dividend history →XHB holdings →Standards and sources →

Sources and dates

MBB filings on SEC EDGAR ↗

MBB prospectus with the expense ratio (SEC) ↗

iShares page for MBB ↗

XHB filings on SEC EDGAR ↗

XHB prospectus with the expense ratio (SEC) ↗

State Street website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, MBB against XHB, data as of Oct 28, 2026. https://etfiq.com/compare/any/mbb-vs-xhb

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.