State Street SPDR S&P Homebuilders ETF

XHB

Market cap $1.77B

If you're interested in broad exposure to the Industrials - Engineering and Construction segment of the equity market, look no further than the State Street SPDR S&P Homebuilders ETF (XHB), a passively managed exchange traded fund launched on January 31, 2006.

The homebuilding sector is off to an exceptionally strong start this year. While it has lagged behind leadership groups like technology in recent years, 2026 has opened with a sharp reversal in momentum.

The SPDR S&P Homebuilders ETF ( NYSEARCA:XHB ) has climbed 15.7% year to date, trading at $119.10 per share as of February 12, 2026.

Despite the sharp drop in sales, home prices continued to climb last month.

Frozen temperatures and high home prices snuffed out the sales momentum from previous months.

It's a bleak start to a year that is expected to be slightly better for the housing market.

Sales of previously owned homes in January dropped a wider-than-expected 8.4% from December. The median price for a home sold in January was $396,800, up 0.9% year over year and the highest January price on record.

Builder stocks are getting a boost from the expectation of a busier spring homebuying season.

Companies are devising a plan for a federally backed ‘rent-to-own' program to help reduce the biggest surplus of homes in many years.

Home sellers outnumber buyers by 47% in largest gap since 2013, creating a buyers market with stronger negotiating power despite affordability issues.