Skip to Content
ETFs

Hoya Capital Housing ETF

HOMZ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 20 2019
Expense Ratio
0.30%
Type
US Equities
Fund Owner
Hoya Capital
Volume (1m avg. daily)
$86,647
AUM
$34,018,170
Associated Index
Hoya Capital Housing 100 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

HD
Home Depot, Inc.
3.02%
LOW
Lowe`s Cos., Inc.
2.98%
TOL
Toll Brothers Inc.
1.64%
PHM
PulteGroup Inc
1.62%
WELL
Welltower Inc.
1.61%
NVR
NVR Inc.
1.54%
KBH
KB Home
1.53%
MTH
Meritage Homes Corp.
1.51%
LEN
Lennar Corp. - Ordinary Shares - Class A
1.51%
ELS
Equity Lifestyle Properties Inc.
1.51%
Invest with HOMZ

What is HOMZ?

HOMZ seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Hoya Capital Housing 100 Index. a rules-based Index designed to track the 100 companies that collectively represent the performance of the US Housing Industry. The Index is designed to track the companies with the potential to benefit from rising rents, appreciating home values, and a persistent housing shortage.

ETFs related toHOMZ

ETFs correlated to HOMZ include XHB, IMCB, IWR

HOMZ
ETF Series Solutions Trust - Hoya Capital Housing ETF
XHB
SSgA Active Trust - SPDR Homebuilders ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
BBMC
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
IWS
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Value ETF
SIZE
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Size Factor ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

HOMZ is a US Equities ETF. HOMZ seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Hoya Capital Housing 100 Index. a rules-based Index designed to track the 100 companies that collectively represent the performance of the US Housing Industry. The Index is designed to track the companies with the potential to benefit from rising rents, appreciating home values, and a persistent housing shortage.

HOMZ tracks the Hoya Capital Housing 100 Index.

No, HOMZ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, HOMZ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HOMZ is -0.0404%. This is the percent change in the value of HOMZ over the most recent 1-month period. The 3-month return on HOMZ is -0.0337%. This is the percent change in the value of HOMZ over the most recent 3-month period.

The standard deviation of HOMZ for the past year is 0.233%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HOMZ include XLI, XLY, and XLV.

ETFs correlated to HOMZ include XHB, IMCB, and IWR.

ETFs that are inversely correlated to HOMZ include RWM, TZA, and SRTY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.