SPY vs XHB: Holdings Overlap
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
XHBState Street® SPDR® S&P® Homebuilders ETF
State Street (SPDR) · 33 holdings · $1.5B · as of 2026-08-06
How similar are SPY and XHB?
State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504 positions; State Street® SPDR® S&P® Homebuilders ETF (XHB, by State Street (SPDR)) holds 33. They have 14 holdings in common, and by portfolio weight the two funds are 1.4% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 14SPY holds 504 · XHB holds 33
- Weight in Shared Holdings
- SPY 1%·XHB 49%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in SPY
490 of 504 positions (98.6% of the fund) are not held by XHB. Showing the top 30 by weight.
Sector Breakdown
| Sector | SPY | XHB |
|---|---|---|
| Consumer Discretionary | 9.3% | 57.9% |
| Industrials | 8.8% | 41.6% |
| Information Technology | 37.6% | 0.0% |
| Financials | 12.3% | 0.0% |
| Communication Services | 9.7% | 0.0% |
| Other Sectors | 22.3% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
| XHB | +1.3% | +8.1% | +3.6% | +10.1% | +8.8% | +12.8% | 0.71% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in SPY vs XHB →
Shared Holdings(14)
The top 10 shared positions account for 94% of the overlap, led by HD, LOW and TT.
 HDHome Depot, Inc. (The) | 0.52% | 3.67% | 0.52% |
|---|---|---|---|
 LOWLowes Companies, Inc. COM | 0.18% | 3.38% | 0.18% |
 TTTrane Technologies PLC COM USD1 | 0.16% | 3.57% | 0.16% |
 JCIJohnson Controls International PLC COM USD1.00 | 0.14% | 3.71% | 0.14% |
 CARRCarrier Global Corporation COM | 0.08% | 3.15% | 0.08% |
 DHID.R. Horton, Inc. COM | 0.06% | 3.33% | 0.06% |
 WSMWilliams-Sonoma Inc. COM | 0.04% | 4.00% | 0.04% |
 PHMPulte Group Inc COM | 0.04% | 3.66% | 0.04% |
 LENLennar Corp., Class A | 0.03% | 3.16% | 0.03% |
 NVRNVR Inc COM | 0.03% | 3.35% | 0.03% |
 MASMasco Corporation COM | 0.02% | 3.57% | 0.02% |
 ALLEAllegion PLC COM USD0.01 | 0.02% | 4.37% | 0.02% |
 LIILennox International Inc. COM | 0.02% | 2.89% | 0.02% |
 BLDRBuilders Firstsource, Inc. COM | 0.01% | 3.25% | 0.01% |
Frequently Asked Questions
How much do SPY and XHB overlap?
SPY and XHB overlap by 1.4% of portfolio weight. They share 14 holdings (SPY holds 504 positions and XHB holds 33), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SPY and XHB?
The two portfolios are 1.4% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of SPY and XHB?
The largest positions held by both funds are HD, LOW, TT, JCI and CARR. Together the top 10 shared positions account for 94% of the total overlap.
What does SPY own that XHB doesn't?
490 positions (98.6% of SPY) are unique to SPY, led by NVDA, AAPL and MSFT. In the other direction, 19 positions (50.5% of XHB) are unique to XHB.