SBU vs. XHB

Last updated Jun 14, 2026

SBU (Leverage Shares 2X Long SBUX Daily ETF) and XHB (SPDR S&P Homebuilders ETF) are both exchange-traded funds - SBU is a Leveraged Equities fund actively managed by Leverage Shares, while XHB is a Building & Construction fund tracking the S&P Homebuilders Select Industry Index. SBU is actively managed, while XHB is passively managed. At a 0.36 correlation, their price movements are largely independent. SBU charges 0.75%/yr vs 0.35%/yr for XHB.

Performance

SBU vs. XHB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long SBUX Daily ETF (SBU) and SPDR S&P Homebuilders ETF (XHB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SBU achieves a 39.22% return, which is significantly higher than XHB's 4.66% return.

SBU

• 1D: 1.17%
• 1M: -8.50%
• YTD: 39.22%
• 6M: 34.52%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XHB

• 1D: -0.22%
• 1M: 11.70%
• YTD: 4.66%
• 6M: 0.06%
• 1Y: 14.89%
• 3Y*: 12.84%
• 5Y*: 9.05%
• 10Y*: 13.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SBU vs. XHB - Yearly Performance Comparison

	2026 (YTD)	2025
SBU Leverage Shares 2X Long SBUX Daily ETF	39.22%	-6.03%
XHB SPDR S&P Homebuilders ETF	4.66%	-0.18%

Correlation

The correlation between SBU and XHB is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025	0.36

Return for Risk

SBU vs. XHB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SBU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

XHB

XHB Risk / Return Rank: 17
XHB Sharpe Ratio Rank: 17
XHB Sortino Ratio Rank: 18
XHB Omega Ratio Rank: 17
XHB Calmar Ratio Rank: 17
XHB Martin Ratio Rank: 15

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SBU vs. XHB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SBUX Daily ETF (SBU) and SPDR S&P Homebuilders ETF (XHB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SBU	XHB	Difference
Sharpe ratio: Return per unit of total volatility	—	0.42	—
Sortino ratio: Return per unit of downside risk	—	0.87	—
Omega ratio: Gain probability vs. loss probability	—	1.09	—
Calmar ratio: Return relative to maximum drawdown	—	0.55	—
Martin ratio: Return relative to average drawdown	—	1.13	—

Drawdowns

SBU vs. XHB - Drawdown Comparison

The maximum SBU drawdown since its inception was -28.10%, smaller than the maximum XHB drawdown of -81.61%. Use the drawdown chart below to compare losses from any high point for SBU and XHB.

Drawdown Indicators

	SBU	XHB	Difference
Max Drawdown Largest peak-to-trough decline	-28.10%	-81.61%	+53.51%
Max Drawdown (1Y) Largest decline over 1 year	—	-21.71%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-30.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-39.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-49.57%	—
Current Drawdown Current decline from peak	-8.50%	-13.34%	+4.84%
Average Drawdown Average peak-to-trough decline	-7.18%	-27.58%	+20.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.51%	—

Volatility

Volatility by Period

	SBU	XHB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.63%	—
Volatility (1Y) Calculated over the trailing 1-year period	60.01%	28.30%	+31.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.01%	27.77%	+32.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.01%	27.47%	+32.54%

SBU vs. XHB - Expense Ratio Comparison

SBU has a 0.75% expense ratio, which is higher than XHB's 0.35% expense ratio.

Dividends

SBU vs. XHB - Dividend Comparison

SBU has not paid dividends to shareholders, while XHB's dividend yield for the trailing twelve months is around 0.60%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SBU Leverage Shares 2X Long SBUX Daily ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XHB SPDR S&P Homebuilders ETF	0.60%	0.78%	0.59%	0.77%	1.06%	0.51%	0.73%	0.89%	1.25%	0.72%	0.67%	0.50%

Frequently Asked Questions

Can I hold both SBU and XHB in my portfolio?

SBU and XHB have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SBU or XHB?

On fees, XHB is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SBU or XHB?

XHB is cheaper with a 0.35% expense ratio, compared with 0.75% for SBU.

Which ETF pays a higher dividend yield, SBU or XHB?

XHB has the higher dividend yield at 0.60%, compared with 0.00% for SBU.

What is the main difference between SBU and XHB?

SBU is categorized as Leveraged Equities, while XHB is Building & Construction. They also come from different issuers: Leverage Shares and State Street. Their fees differ too: 0.75% for SBU and 0.35% for XHB.