Ishares Home Construction Etf Profile
| ITB Etf | USD 123.82 0.04 0.03% |
Performance4 of 100
| Odds Of DistressLess than 9
|
IShares Home is trading at 123.82 as of the 30th of November 2024, a 0.03 percent increase since the beginning of the trading day. The etf's open price was 123.78. IShares Home has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for iShares Home Construction are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The index measures the performance of the home construction sector of the U.S. equity market, as defined by the index provider. US Home is traded on BATS Exchange in the United States. More on iShares Home Construction
Moving together with IShares Etf
IShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Consumer Discretionary ETFs, Consumer Cyclical, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2006-05-01 |
| Benchmark | Dow Jones U.S. Select Home Construction Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 3.57 Billion |
| Average Trading Valume | 1.62 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Consumer Discretionary |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Citibank, N.A. |
| Advisor | BlackRock Fund Advisors |
| Custodian | Citibank, N.A. |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Diane Hsiung, Jennifer Hsui, Greg Savage, Alan Mason |
| Transfer Agent | Citibank, N.A. |
| Fiscal Year End | 31-Mar |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 49.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.4 |
| Management Fee | 0.4 |
| Country Name | USA |
| Returns Y T D | 22.06 |
| Name | iShares U.S. Home Construction ETF |
| Currency Code | USD |
| Open Figi | BBG000PB3SM8 |
| In Threey Volatility | 32.93 |
| 1y Volatility | 34.7 |
| 200 Day M A | 112.9 |
| 50 Day M A | 122.61 |
| Code | ITB |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
iShares Home Construction [ITB] is traded in USA and was established 2006-05-01. The fund is classified under Consumer Cyclical category within iShares family. The entity is thematically classified as Sector ETFs. iShares Home Construction currently have 1.16 B in assets under management (AUM). , while the total return for the last 3 years was 17.9%.
Check IShares Home Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Home Construction Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top iShares Home Construction Etf Constituents
| TMHC | Taylor Morn Home | Stock | Consumer Discretionary | |
| KBH | KB Home | Stock | Consumer Discretionary | |
| BLD | Topbuild Corp | Stock | Consumer Discretionary | |
| DHI | DR Horton | Stock | Consumer Discretionary | |
| HD | Home Depot | Stock | Consumer Discretionary | |
| LEN | Lennar | Stock | Consumer Discretionary | |
| LOW | Lowes Companies | Stock | Consumer Discretionary | |
| MAS | Masco | Stock | Industrials |
IShares Home Top Holders
| BUYW | Main Buywrite ETF | Etf | Derivative Income | |
| MFCDX | Marketfield Fund Marketfield | Mutual Fund | Long-Short Equity | |
| MFLDX | Marketfield Fund Marketfield | Mutual Fund | Long-Short Equity | |
| MFADX | Marketfield Fund Marketfield | Mutual Fund | Long-Short Equity | |
| SECT | Main Sector Rotation | Etf | Large Blend | |
| CAPTX | Canterbury Portfolio Thermostat | Mutual Fund | Tactical Allocation | |
| QAISX | Q3 All Weather Sector | Mutual Fund | Tactical Allocation | |
| GDMA | Alpha Architect Gdsdn | Etf | Moderate Allocation |
iShares Home Construction Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Home. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0356 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.05) |
IShares Home Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Home Construction. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of iShares Home Construction is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Home's value that differs from its market value or its book value, called intrinsic value, which is IShares Home's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Home's market value can be influenced by many factors that don't directly affect IShares Home's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Home's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Home is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Home's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.