Data as of Oct 28, 2026.

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XHB vs XLB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, XHB returned −8.6% to XLB's +18.5%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $1.5bn for State Street SPDR S&P Homebuilders ETF and $8.1bn for State Street Materials Select Sector SPDR ETF.

At a glance
−8.6%
XHB total return, 1 year
+18.5%
XLB total return, 1 year
0.35%
XHB expense ratio
0.08%
XLB expense ratio

Pair scorecard

XLB costs 0.27 points a year less; their one-year returns differ by 27.1 points; XLB is 5.4 times larger.

XHB vs XLB: Differences, Returns & Fees
MeasureXHBXLB
Return
Total return, 1 year−8.6%+18.5%
Drawdown
Below its high20.5%, high on Oct 18, 2024
Benchmark
What it tracksS&P Homebuilders Select Industry IndexMaterials Select Sector Index
Cost and size
Expense ratio0.35%0.08%
Net assets, as of Oct 27, 2026$1.5bn$8.1bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund35.4%58.5%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first XHB XLB
Only in one fund ↓
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%
Only in XLB
LINDE PLC 12.96%
NEWMONT CORP 6.56%
FREEPORT MCMORAN INC 5.23%
ECOLAB INC 4.98%
VULCAN MATERIALS CO 4.89%
NUCOR CORP 4.89%
AIR PRODUCTS + CHEMICALS INC 4.84%
STEEL DYNAMICS INC 4.77%
Check overlap with more funds →

Side by side

XHB State Street SPDR S&P Homebuilders ETF XLB State Street Materials Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P Homebuilders Tracks an index of Materials
Total return, 1 year −8.6% +18.5%
Expense ratio 0.35% 0.08%
Already in the S&P 500 45.7% 99.8%
Holdings 34 25
Net assets, as of Oct 27, 2026 $1.5bn $8.1bn

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

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About each fund
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.

XLB

XLB tracks an index of Materials. Over the year to Oct 28, 2026 it returned +18.5% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 25 positions, with the top ten at 58.5%.

Questions people ask

Which returned more over the last year, XHB or XLB?
In the year to Oct 28, 2026, with distributions reinvested, XHB returned −8.6% and XLB +18.5%.
Which is cheaper, XHB or XLB?
XLB is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do XHB and XLB overlap with the S&P 500?
By their latest filed holdings, 46% of XHB and 100% of XLB by weight is stocks the S&P 500 already holds.
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ETFIQ, XHB against XLB, data as of Oct 28, 2026. https://etfiq.com/compare/any/xhb-vs-xlb

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