TPH vs. XHB

Last updated Apr 1, 2026

Compare and contrast key facts about Tri Pointe Homes, Inc. (TPH) and SPDR S&P Homebuilders ETF (XHB).

XHB is a passively managed fund by State Street that tracks the performance of the S&P Homebuilders Select Industry Index. It was launched on Jan 31, 2006.

Performance

TPH vs. XHB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tri Pointe Homes, Inc. (TPH) and SPDR S&P Homebuilders ETF (XHB). The values are adjusted to include any dividend payments, if applicable.

TPH vs. XHB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TPH Tri Pointe Homes, Inc.	48.49%	-13.21%	2.43%	90.42%	-33.35%	61.68%	10.72%	42.54%	-39.01%	56.10%
XHB SPDR S&P Homebuilders ETF	-3.97%	-0.69%	9.87%	60.10%	-28.93%	49.70%	27.97%	41.30%	-25.73%	31.80%

Returns By Period

In the year-to-date period, TPH achieves a 48.49% return, which is significantly higher than XHB's -3.97% return. Over the past 10 years, TPH has outperformed XHB with an annualized return of 14.87%, while XHB has yielded a comparatively lower 12.17% annualized return.

TPH

• 1D: 0.06%
• 1M: 0.93%
• YTD: 48.49%
• 6M: 37.56%
• 1Y: 46.40%
• 3Y*: 22.66%
• 5Y*: 17.09%
• 10Y*: 14.87%

XHB

• 1D: 3.31%
• 1M: -14.28%
• YTD: -3.97%
• 6M: -10.61%
• 1Y: 2.52%
• 3Y*: 14.20%
• 5Y*: 7.48%
• 10Y*: 12.17%

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

Return for Risk

TPH vs. XHB — Risk / Return Rank

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

TPH

TPH Risk / Return Rank: 80
TPH Sharpe Ratio Rank: 77
TPH Sortino Ratio Rank: 81
TPH Omega Ratio Rank: 80
TPH Calmar Ratio Rank: 84
TPH Martin Ratio Rank: 79

XHB

XHB Risk / Return Rank: 16
XHB Sharpe Ratio Rank: 15
XHB Sortino Ratio Rank: 17
XHB Omega Ratio Rank: 15
XHB Calmar Ratio Rank: 16
XHB Martin Ratio Rank: 16

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.

TPH vs. XHB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tri Pointe Homes, Inc. (TPH) 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.

	TPH	XHB	Difference
Sharpe ratio Return per unit of total volatility	1.09	0.09	+1.00
Sortino ratio Return per unit of downside risk	2.15	0.36	+1.80
Omega ratio Gain probability vs. loss probability	1.28	1.04	+0.24
Calmar ratio Return relative to maximum drawdown	2.67	0.16	+2.51
Martin ratio Return relative to average drawdown	5.64	0.40	+5.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TPH vs. XHB - Sharpe Ratio Comparison

The current TPH Sharpe Ratio is 1.09, which is higher than the XHB Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of TPH and XHB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TPH	XHB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.09	0.09	+1.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	0.27	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.35	0.45	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.16	+0.02

Correlation

The correlation between TPH and XHB is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

TPH vs. XHB - Dividend Comparison

TPH has not paid dividends to shareholders, while XHB's dividend yield for the trailing twelve months is around 0.65%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TPH Tri Pointe Homes, Inc.	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	0.65%	0.78%	0.59%	0.77%	1.06%	0.51%	0.73%	0.89%	1.25%	0.72%	0.67%	0.50%

Drawdowns

TPH vs. XHB - Drawdown Comparison

The maximum TPH drawdown since its inception was -70.06%, smaller than the maximum XHB drawdown of -81.61%. Use the drawdown chart below to compare losses from any high point for TPH and XHB.

Drawdown Indicators

	TPH	XHB	Difference
Max Drawdown Largest peak-to-trough decline	-70.06%	-81.61%	+11.55%
Max Drawdown (1Y) Largest decline over 1 year	-17.47%	-21.14%	+3.67%
Max Drawdown (5Y) Largest decline over 5 years	-47.00%	-39.46%	-7.54%
Max Drawdown (10Y) Largest decline over 10 years	-68.38%	-49.57%	-18.81%
Current Drawdown Current decline from peak	0.00%	-20.48%	+20.48%
Average Drawdown Average peak-to-trough decline	-24.09%	-27.69%	+3.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.28%	8.48%	-0.20%

Volatility

TPH vs. XHB - Volatility Comparison

The current volatility for Tri Pointe Homes, Inc. (TPH) is 0.59%, while SPDR S&P Homebuilders ETF (XHB) has a volatility of 8.26%. This indicates that TPH experiences smaller price fluctuations and is considered to be less risky than XHB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TPH	XHB	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.59%	8.26%	-7.67%
Volatility (6M) Calculated over the trailing 6-month period	30.90%	18.20%	+12.70%
Volatility (1Y) Calculated over the trailing 1-year period	42.75%	29.22%	+13.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.87%	27.40%	+10.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.10%	27.18%	+14.92%