Looking for broad exposure to the Industrials - Engineering and Construction segment of the equity market? You should consider the SPDR S&P Homebuilders ETF (XHB), a passively managed exchange traded fund launched on 01/31/2006.Passively managed ETFs are becoming increasingly popular with institutional as well as retail investors due to their low cost, transparency, flexibility and tax efficiency. They are excellent vehicles for long term investors.Investor-friendly, sector ETFs provide many options 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 6, placing it in top 38%.Index DetailsThe fund is sponsored by State Street Global Advisors. It has amassed assets over $2.12 billion, making it one of the larger ETFs attempting to match the performance of the Industrials - Engineering and Construction segment of the equity market. XHB seeks to match the performance of the S&P Homebuilders Select Industry Index before fees and expenses.The S&P Homebuilders Select Industry Index represents the homebuilding sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the U.S. common stocks listed on the NYSE, AMEX, NASDAQ National Market and NASDAQ Small Cap exchanges. The Homebuilders Index is a modified equal weight index.CostsExpense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same.Annual operating expenses for this ETF are 0.35%, making it one of the least expensive products in the space.It has a 12-month trailing dividend yield of 0.53%.Sector Exposure and Top HoldingsWhile ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis.This ETF has heaviest allocation in the Consumer Discretionary sector--about 62% of the portfolio, followed by Industrials.Looking at individual holdings, Nvr Inc. (NVR) accounts for about 3.84% of total assets, followed by Lennar Corporation Class A (LEN) and Floor & Decor Holdings Inc. Class A (FND).The top 10 holdings account for about 36.96% of total assets under management.Performance and RiskYear-to-date, the SPDR S&P Homebuilders ETF has added roughly 40.50% so far, and was up about 41.71% over the last 12 months (as of 11/05/2021). XHB has traded between $53.51 and $79.46 in this past 52-week period.The ETF has a beta of 1.40 and standard deviation of 32.38% for the trailing three-year period, making it a high risk choice in the space. With about 37 holdings, it has more concentrated exposure than peers.AlternativesSPDR S&P Homebuilders ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, XHB is an excellent option for investors seeking exposure to the Industrials ETFs segment of the market. There are other additional ETFs in the space that investors could consider as well.Invesco Dynamic Building & Construction ETF (PKB) tracks Dynamic Building & Construction Intellidex Index and the iShares U.S. Home Construction ETF (ITB) tracks Dow Jones U.S. Select Home Construction Index. Invesco Dynamic Building & Construction ETF has $284.63 million in assets, iShares U.S. Home Construction ETF has $2.76 billion. PKB has an expense ratio of 0.59% and ITB charges 0.41%.Bottom LineTo learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.Get it free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SPDR S&P Homebuilders ETF (XHB): ETF Research Reports Lennar Corporation (LEN): Free Stock Analysis Report NVR, Inc. (NVR): Free Stock Analysis Report iShares U.S. Home Construction ETF (ITB): ETF Research Reports Invesco Dynamic Building & Construction ETF (PKB): ETF Research Reports Floor & Decor Holdings, Inc. (FND): Free Stock Analysis Report To read this article on Zacks.com click here.