Published on 27 Sep 2023 on Zacks via Yahoo Finance
Is SPDR S&P Homebuilders ETF (XHB) a Strong ETF Right Now?
Designed to provide broad exposure to the Industrials ETFs category of the market, the SPDR S&P Homebuilders ETF (XHB) is a smart beta exchange traded fund launched on 01/31/2006.
What Are Smart Beta ETFs?
Products that are based on market cap weighted indexes, which are strategies designed to reflect a specific market segment or the market as a whole, have traditionally dominated the ETF industry.