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ETFs

iShares U.S. Home Construction ETF

ITB
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
May 01 2006
Expense Ratio
0.40%
Type
US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$293,824,985
AUM
$2,012,071,609
Associated Index
Dow Jones US Select Home Construction Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

DHI
D.R. Horton Inc.
14.41%
LEN
Lennar Corp. - Ordinary Shares - Class A
12.41%
NVR
NVR Inc.
8.42%
PHM
PulteGroup Inc
7.02%
SHW
Sherwin-Williams Co.
4.56%
HD
Home Depot, Inc.
4.51%
LOW
Lowe`s Cos., Inc.
4.41%
TOL
Toll Brothers Inc.
3.51%
BLD
TopBuild Corp
3.43%
BLDR
Builders Firstsource Inc
2.69%
Invest with ITB

What is ITB?

The iShares Dow Jones U.S. Home Construction Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Home Construction Index.

ETFs related toITB

ETFs correlated to ITB include NAIL, XHB, PKB

ITB
BlackRock Institutional Trust Company N.A. - iShares U.S. Home Construction ETF
NAIL
Direxion Shares ETF Trust - Direxion Daily Homebuilders & Supplies Bull 3X Shares
XHB
SSgA Active Trust - SPDR Homebuilders ETF
PKB
Invesco Capital Management LLC - Invesco Building & Construction ETF
RSPD
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Consumer Discretionary ETF
FXD
First Trust Exchange-Traded Fund III - First Trust Consumer Discretionary AlphaDEX Fund
FXR
First Trust Exchange-Traded Fund III - First Trust Industrials/Producer Durables AlphaDEX Fund
FLQM
Franklin Templeton ETF Trust - Franklin U.S. Mid Cap Multifactor Index ETF
JSMD
Janus Capital Management LLC - Janus Henderson Small/Mid Cap Growth Alpha ETF
IJK
BlackRock Institutional Trust Company N.A. - iShares S&P Mid-Cap 400 Growth ETF
XMHQ
Invesco Capital Management LLC - Invesco S&P MidCap Quality 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

ITB is a US Equities ETF. The iShares Dow Jones U.S. Home Construction Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the Dow Jones U.S. Select Home Construction Index.

ITB tracks the Dow Jones US Select Home Construction Index.

No, ITB 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, ITB 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 ITB is -0.0485%. This is the percent change in the value of ITB over the most recent 1-month period. The 3-month return on ITB is -0.039%. This is the percent change in the value of ITB over the most recent 3-month period.

The standard deviation of ITB for the past year is 0.2854%. 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 ITB include XLI, XLY, and XLV.

ETFs correlated to ITB include NAIL, XHB, and PKB.

ETFs that are inversely correlated to ITB include RWM, SRTY, and HIBS.

Disclaimers

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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.