SPDR S&P Homebuilders ETF (XHB) Performance
XHB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −3.5% since Dec 31, 2025
- 1 year
- −8.6% total return
- 5 years
- +5.9% a year
- 10 years
- +12.7% a year
- Since first price
- +4.9% a year since 2006
XHB trailing returns vs SPY, QQQ, AGG
| Period | XHB total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.3% | +1.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −7.3% | −7.8% | +3.2% | +1.9% | −0.4% |
| 6 months | −9.5% | −10.1% | +7.8% | +8.4% | −1.5% |
| YTD | −3.5% | −4.4% | +12.3% | +15.1% | −1.0% |
| 1 year | −8.6% | −9.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +42.0%+12.4%/yr | +38.4% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +33.3%+5.9%/yr | +27.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +230.1%+12.7%/yr | +201.5% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +596.0%+13.8%/yr | +513.9% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| 20 years | +259.4%+6.6%/yr | +194.6% | +696.9%+10.9%/yr | +1,839.9%+16.0%/yr | +79.6%+3.0%/yr |
| Since inceptionFeb 6, 2006 | +167.7%+4.9%/yr | +118.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: XHB vs SPY
From Feb 6, 2006: XHB grew to $26,769, SPY to $87,641.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
XHB returns by calendar year
12 of 19 full years positive. Best 2023 (+60.1%), worst 2007 (−47.7%). 2026 is year to date.
XHB annual returns table
| Year | XHB | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −3.5% | −22.7% | +12.3% | +15.1% | −1.0% |
| 2025 | −0.7% | −22.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +9.9% | −16.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +60.1% | −18.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −28.9% | −38.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +49.7% | −11.7% | +28.7% | +27.4% | −1.8% |
| 2020 | +28.0% | −49.6% | +18.3% | +48.6% | +7.5% |
| 2019 | +41.3% | −7.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −25.7% | −33.5% | −4.6% | −0.1% | +0.1% |
| 2017 | +31.8% | −4.5% | +21.7% | +32.7% | +3.6% |
| 2016 | −0.3% | −16.6% | +12.0% | +7.1% | +2.4% |
| 2015 | +0.7% | −13.7% | +1.2% | +9.4% | +0.5% |
| 2014 | +3.3% | −17.7% | +13.5% | +19.2% | +6.0% |
| 2013 | +25.6% | −12.6% | +32.3% | +36.6% | −2.0% |
| 2012 | +57.3% | −14.2% | +16.0% | +18.1% | +3.8% |
| 2011 | −0.7% | −33.8% | +1.9% | +3.4% | +7.7% |
| 2010 | +17.4% | −29.2% | +15.1% | +19.9% | +6.4% |
| 2009 | +27.6% | −37.4% | +26.4% | +54.7% | +3.0% |
| 2008 | −36.7% | −62.8% | −36.8% | −41.7% | +7.9% |
| 2007 | −47.7% | −56.5% | +5.1% | +19.0% | +6.6% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
XHB largest drawdowns
Now 20.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Apr 5, 2006 | −81.6% | Mar 9, 2009 | Oct 24, 2017 | 2.9 years | 11.6 years |
| Feb 20, 2020 | −49.6% | Mar 23, 2020 | Jul 27, 2020 | 32 days | 5 months |
| Dec 10, 2021 | −39.5% | Jun 16, 2022 | Aug 1, 2023 | 6 months | 1.6 years |
| Jan 22, 2018 | −33.5% | Dec 24, 2018 | Oct 25, 2019 | 11 months | 1.8 years |
| Oct 18, 2024 | −30.5% | Apr 8, 2025 | not yet | 6 months | 2.0 years so far |
| Aug 1, 2023 | −18.2% | Oct 25, 2023 | Dec 1, 2023 | 3 months | 4 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
XHB risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2006 |
|---|---|---|---|---|
| Annualized return | +8.8% | +7.0% | +12.0% | +4.8% |
| Volatility (annualized) | 28.7% | 28.9% | 27.2% | 28.1% |
| Sharpe ratio | 0.28 | 0.25 | 0.47 | — |
| Sortino ratio | 0.45 | 0.40 | 0.72 | — |
| Best month | +16.9% | +17.0% | +21.0% | +27.7% |
| Worst month | −14.8% | −14.8% | −29.9% | −29.9% |
| Best 12 months | +63.7% | +66.1% | +138.1% | +138.1% |
| Worst 12 months | −13.1% | −28.9% | −28.9% | −53.4% |
| Positive months | 47% | 48% | 59% | 60% |
| Beta vs S&P 500 | 1.30 | 1.24 | 1.33 | — |
| Correlation with S&P 500 | 0.56 | 0.67 | 0.75 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
XHB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 237 | −53.4% | +9.5% | +138.1% | 64% |
| 3-year (a year) | 213 | −40.0% | +12.1% | +39.4% | 84% |
| 5-year (a year) | 189 | −15.6% | +12.5% | +31.1% | 90% |
| 10-year (a year) | 129 | −2.6% | +12.1% | +19.3% | 98% |
Every holding period starting at a month-end since 2006. Returns for 3 years and longer are annualized.
XHB performance overview
SPDR S&P Homebuilders ETF (XHB) returned −8.6% over the past year and +12.7% a year over ten years, with distributions reinvested. Since its first recorded price in 2006 it has returned +4.9% a year, turning $10,000 into about $26,769. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −81.6%, from Apr 5, 2006 to Mar 9, 2009, and it took 8.6 years to get back to the old high. XHB finished 12 of its 19 full calendar years with a gain; the best year was 2023 (+60.1%) and the worst 2007 (−47.7%). Volatility has been 28.1% a year.
Related: XHB chart, XHB holdings, XHB dividends, XHB valuation. See the XHB overview for the latest quote and fund facts.
XHB performance FAQ
What is the XHB return over the past year?
XHB returned −8.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 9.6%.
What is the average annual return of XHB?
XHB has returned +5.9% a year over 5 years, +12.7% a year over 10 years, +4.9% a year since February 6, 2006 (total return, distributions reinvested).
How much would $10,000 invested in XHB be worth?
$10,000 invested in XHB at its first recorded close on February 6, 2006 would be worth about $26,769 on October 23, 2026 with distributions reinvested.
What was the worst year for XHB?
The worst calendar year was 2007, with a total return of −47.7%. The best was 2023 at +60.1%.
What is the biggest drawdown of XHB?
The largest peak-to-trough decline was −81.6% between April 5, 2006 and March 9, 2009. It recovered to the old high on October 24, 2017, 8.6 years after the bottom.
How volatile is XHB?
Over the past 3 years XHB had an annualized volatility of 28.7% and a Sharpe ratio of 0.28 (excess return over 1–3 month T-bills per unit of risk).