Key stats
About ISHARES TRUST U.S. HOME CONSTRUCTION ETF
Expense ratio
0.40%
Home page
Inception date
May 1, 2006
ISIN
US4642887529
ITB provides investors with a traditional market-cap selection approach to the US homebuilding industry, with a capped weighting methodology to ensure diversification. The resulting basket of stocks isn't quite vanilla though: ITB trades purity for breadth. Its holdings extend past the confines of our narrow benchmark and into related industries that encompass: manufacturers, sellers, and distributors of home furnishings, homebuilding, housewares, specialty items, and materials used in construction and refurbishing. At times, this shows up as a lower beta play on the space. Still, ITB's portfolio can at times offer chunky positions in leading homebuilders. The underlying index will rebalance quarterly.
Classification
What's in the fund
Exposure type
Consumer Durables
Retail Trade
Stock breakdown by region