XHB vs. HOMZ

Last updated Jun 5, 2026

XHB (SPDR S&P Homebuilders ETF) and HOMZ (Hoya Capital Housing ETF) are both exchange-traded funds - XHB is a Building & Construction fund tracking the S&P Homebuilders Select Industry Index, while HOMZ is a Materials fund tracking the Hoya Capital Housing 100 Index. Both are passively managed. Over the past 5 years, XHB returned 8.17%/yr vs 3.75%/yr for HOMZ. Their correlation of 0.92 suggests significant overlap in exposure. XHB charges 0.35%/yr vs 0.30%/yr for HOMZ.

Performance

XHB vs. HOMZ - Performance Comparison

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

Returns By Period

In the year-to-date period, XHB achieves a 1.87% return, which is significantly higher than HOMZ's -2.12% return.

XHB

• 1D: 0.80%
• 1M: 1.86%
• YTD: 1.87%
• 6M: -2.42%
• 1Y: 9.74%
• 3Y*: 14.15%
• 5Y*: 8.17%
• 10Y*: 12.79%

HOMZ

• 1D: 1.15%
• 1M: 0.08%
• YTD: -2.12%
• 6M: -3.86%
• 1Y: 5.24%
• 3Y*: 9.79%
• 5Y*: 3.75%
• 10Y*: —

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

XHB vs. HOMZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
XHB SPDR S&P Homebuilders ETF	1.87%	-0.69%	9.87%	60.10%	-28.93%	49.70%	27.97%	22.00%
HOMZ Hoya Capital Housing ETF	-2.12%	2.72%	9.49%	36.49%	-28.14%	41.02%	15.80%	17.71%

Correlation

The correlation between XHB and HOMZ is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Mar 21, 2019	0.92

The correlation between XHB and HOMZ has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

XHB vs. HOMZ - Sectors Allocation Comparison

Sectors	XHB	HOMZ
Consumer Cyclical	60.8%	33.2%
Industrials	38.1%	9.3%
Real Estate	1.1%	41.2%
Basic Materials	-	3.2%
Communication Services	-	0.4%
Consumer Defensive	-	0.7%
Energy	-	-
Financial Services	-	10.3%
Healthcare	-	-
Technology	-	1.7%
Utilities	-	-

Return for Risk

XHB vs. HOMZ — Risk / Return Rank

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

XHB

XHB Risk / Return Rank: 15
XHB Sharpe Ratio Rank: 15
XHB Sortino Ratio Rank: 17
XHB Omega Ratio Rank: 15
XHB Calmar Ratio Rank: 15
XHB Martin Ratio Rank: 14

HOMZ

HOMZ Risk / Return Rank: 13
HOMZ Sharpe Ratio Rank: 13
HOMZ Sortino Ratio Rank: 14
HOMZ Omega Ratio Rank: 13
HOMZ Calmar Ratio Rank: 13
HOMZ Martin Ratio Rank: 12

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.

XHB vs. HOMZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Homebuilders ETF (XHB) and Hoya Capital Housing ETF (HOMZ). 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.

	XHB	HOMZ	Difference
Sharpe ratio: Return per unit of total volatility	0.35	0.27	+0.08
Sortino ratio: Return per unit of downside risk	0.76	0.57	+0.19
Omega ratio: Gain probability vs. loss probability	1.08	1.06	+0.02
Calmar ratio: Return relative to maximum drawdown	0.45	0.32	+0.14
Martin ratio: Return relative to average drawdown	0.95	0.71	+0.23
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XHB vs. HOMZ - Sharpe Ratio Comparison

The current XHB Sharpe Ratio is 0.35, which is higher than the HOMZ Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of XHB and HOMZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XHB	HOMZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.35	0.27	+0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.30	0.18	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.43	-0.26

Drawdowns

XHB vs. HOMZ - Drawdown Comparison

The maximum XHB drawdown since its inception was -81.61%, which is greater than HOMZ's maximum drawdown of -48.10%. Use the drawdown chart below to compare losses from any high point for XHB and HOMZ.

Drawdown Indicators

	XHB	HOMZ	Difference
Max Drawdown Largest peak-to-trough decline	-81.61%	-48.10%	-33.51%
Max Drawdown (1Y) Largest decline over 1 year	-21.71%	-16.71%	-5.00%
Max Drawdown (3Y) Largest decline over 3 years	-30.53%	-22.91%	-7.62%
Max Drawdown (5Y) Largest decline over 5 years	-39.46%	-33.76%	-5.70%
Max Drawdown (10Y) Largest decline over 10 years	-49.57%	—	—
Current Drawdown Current decline from peak	-15.65%	-11.57%	-4.08%
Average Drawdown Average peak-to-trough decline	-27.60%	-9.74%	-17.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.32%	7.38%	+2.94%

Volatility

XHB vs. HOMZ - Volatility Comparison

SPDR S&P Homebuilders ETF (XHB) has a higher volatility of 8.36% compared to Hoya Capital Housing ETF (HOMZ) at 5.40%. This indicates that XHB's price experiences larger fluctuations and is considered to be riskier than HOMZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XHB	HOMZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.36%	5.40%	+2.96%
Volatility (6M) Calculated over the trailing 6-month period	20.01%	13.61%	+6.40%
Volatility (1Y) Calculated over the trailing 1-year period	27.71%	19.56%	+8.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.64%	21.48%	+6.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.41%	24.99%	+2.42%

XHB vs. HOMZ - Expense Ratio Comparison

XHB has a 0.35% expense ratio, which is higher than HOMZ's 0.30% expense ratio.

Dividends

XHB vs. HOMZ - Dividend Comparison

XHB's dividend yield for the trailing twelve months is around 0.61%, less than HOMZ's 2.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HOMZ Hoya Capital Housing ETF	2.71%	2.54%	2.13%	2.08%	2.03%	1.21%	3.18%	1.24%	0.00%	0.00%	0.00%	0.00%
XHB SPDR S&P Homebuilders ETF	0.61%	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 XHB and HOMZ in my portfolio?

With a correlation of 0.92, XHB and HOMZ move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, XHB or HOMZ?

XHB has higher volatility (8.36%) compared to HOMZ (5.40%). In terms of maximum drawdown, XHB dropped -81.61% vs HOMZ's -48.10%.

Which ETF is better, XHB or HOMZ?

On 5-year performance, XHB leads with 8.17% vs 3.75% for HOMZ. On fees, HOMZ is cheaper at 0.30% per year. On volatility, HOMZ has been the lower-risk option at 5.40%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XHB or HOMZ?

Over the 5-year period, XHB has performed better with a 8.17% return vs 3.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XHB or HOMZ?

HOMZ is cheaper with a 0.30% expense ratio, compared with 0.35% for XHB.

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

HOMZ has the higher dividend yield at 2.71%, compared with 0.61% for XHB.

What is the main difference between XHB and HOMZ?

XHB is categorized as Building & Construction, while HOMZ is Materials. XHB tracks S&P Homebuilders Select Industry Index, while HOMZ tracks Hoya Capital Housing 100 Index. They also come from different issuers: State Street and Pettee Investors. Their fees differ too: 0.35% for XHB and 0.30% for HOMZ.

Which has better risk-adjusted returns?

XHB currently has the higher Sharpe Ratio (0.35 vs 0.27), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.