Homebuilder ETFs Go Wild

By
Devon Layne
December 03, 2012
Share:

 

Throughout November, positive housing market data pointed toward a recovery for the sector, which fueled a rally in homebuilder ETFs, according to an article on the Wall Street Sector Selector.

The recovery may last a while longer. The NAHB’s Homebuilders Confidence Index rose to its highest level since March 2007, and the September report on construction spending stated a 0.6 percent increase, the article said.

If you’re looking to gain exposure to the housing market recovery, consider starting with these homebuilder ETFs:

  • iShares Dow Jones US Real Estate Index Fund (NYSEArca: IYR)
  • iShares Dow Jones US Home Construction Index Fund (NYSEArca: ITB)
  • SPDR S&P Homebuilders ETF (NYSEArca: XHB)

 

Head over to WallStreetSectorSelector.com for more details.

 

ETF DAILY DATA

The consumer discretionary fund 'XLY' garnered a $1 billion-plus blast of creation on Tuesday, March 3. Still, a falling market offset net inflows and pulled total U.S.-listed ETF assets down to $2.092 trillion.

'VCR,' the consumer discretionary fund, paced Vanguard's issuer-leading inflows on Tuesday, March 3, as total U.S.-listed ETF assets ended the day at $2.092 trillion.

ETF.COM ANALYST BLOGS

By Olivier Ludwig

The world of ETFs is full of wonderful money-saving surprises.

By Howard Lee

An inside look at iShares’ new $75 million ‘smart beta’ bond ETF.

By Dave Nadig

With trillions of dollars of bonds yielding worse than nothing, should you be worried about your ETF?

By Elisabeth Kashner

Virtu’s mind-bending way to play oil market volatility is a fascinating glimpse into the world of ultra-sophisticated investors.