News

Published on 17 Nov 2022 on Zacks via Yahoo Finance

Should You Invest in the SPDR S&P Homebuilders ETF (XHB)?


Article preview image

The SPDR S&P Homebuilders ETF (XHB) was launched on 01/31/2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Engineering and Construction segment of the equity market.

Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.

Sector ETFs are also funds of convenience, offering many ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Industrials - Engineering and Construction is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 15, placing it in bottom 6%.

NYSE.XLI price evolution
NYSE.LII price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Lennox International Inc. (NYSE:LII) Q4 2022 Earnings Call Transcript

Lennox International Inc. (NYSE:LII) Q4 2022 Earnings Call Transcript January 31, 2023 Operator: ...

Insider Monkey via Yahoo Finance 2 Feb 2023

A.O. Smith Corp. stock rises Monday, outperforms market

Shares of A.O. Smith Corp. inched 0.20% higher to $61.40 Monday, on what proved to be an all-arou...

Market Watch 21 Nov 2022

Should You Invest in the SPDR S&P Homebuilders ETF (XHB)?

The SPDR S&P Homebuilders ETF (XHB) was launched on 01/31/2006, and is a passively managed exchan...

Zacks via Yahoo Finance 17 Nov 2022

A.O. Smith Corp. stock rises Tuesday, outperforms market

Shares of A.O. Smith Corp. rose 1.48% to $60.39 Tuesday, on what proved to be an all-around great...

Market Watch 15 Nov 2022

Is SPDR S&P Homebuilders ETF (XHB) a Strong ETF Right Now?

A smart beta exchange traded fund, the SPDR S&P Homebuilders ETF (XHB) debuted on 01/31/2006, and...

Zacks via Yahoo Finance 10 Nov 2022

A.O. Smith Corp. stock rises Monday, outperforms market

Shares of A.O. Smith Corp. rose 1.66% to $56.91 Monday, on what proved to be an all-around positi...

Market Watch 8 Nov 2022

A.O. Smith Corp. stock rises Thursday, outperforms market

Shares of A.O. Smith Corp. advanced 1.25% to $54.37 Thursday, on what proved to be an all-around ...

Market Watch 4 Nov 2022

A.O. Smith Corp. stock outperforms market despite losses on the day

Shares of A.O. Smith Corp. shed 0.33% to $54.60 Tuesday, on what proved to be an all-around disma...

Market Watch 1 Nov 2022

A.O. Smith Corp. stock outperforms competitors on strong trading day

Shares of A.O. Smith Corp. rallied 5.39% to $54.38 Friday, on what proved to be an all-around gre...

Market Watch 28 Oct 2022

Lennox International (LII) Q3 Earnings Miss Estimates

Lennox International (LII) came out with quarterly earnings of $4.10 per share, missing the Zacks...

Zacks via Yahoo Finance 27 Oct 2022