XHB, as the past month indicates, is by no means immune to rising mortgage rates. However, the $2.4 billion ETF is less levered to home builders. Rather, XHB combines home builder exposure with substantial allocations to housing retail plays such as Home Depot (NYSE: HD), Williams-Sonoma (NYSE:WSM) and Bed Bath & Beyond (NasdaqGM: BBBY).
SPDR S&P Homebuilders ETF
ETF Trends editorial team contributed to this article. Tom Lydon’s clients own shares of XHB.