Ishares Home Construction Etf Profile
| ITB Etf | USD 103.00 0.07 0.07% |
Performance0 of 100
| Odds Of DistressLess than 9
|
IShares Home is trading at 103.00 as of the 19th of April 2024, a 0.07 percent increase since the beginning of the trading day. The etf's open price was 102.93. IShares Home has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over 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 19th of February 2024 and ending today, the 19th of April 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
| 0.81 | XLY | Consumer Discretionary | PairCorr |
| 0.87 | VCR | Vanguard Consumer | PairCorr |
| 0.87 | FDIS | Fidelity MSCI Consumer | PairCorr |
| 0.98 | XHB | SPDR SP Homebuilders Sell-off Trend | PairCorr |
| 0.9 | IYC | iShares Consumer Dis | PairCorr |
| 0.91 | PEJ | Invesco Dynamic Leisure | PairCorr |
Moving against IShares Etf
| 0.72 | RCD | Invesco Symbol Change | PairCorr |
| 0.6 | HUM | Humana Inc Earnings Call This Week | PairCorr |
IShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. IShares Home's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding IShares Home or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Consumer Discretionary ETFs, Sector 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 | 2.81 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 | 50.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.39 |
| Management Fee | 0.39 |
| Country Name | USA |
| Returns Y T D | 1.31 |
| Name | iShares U.S. Home Construction ETF |
| Currency Code | USD |
| Open Figi | BBG000PB3SM8 |
| In Threey Volatility | 31.08 |
| 1y Volatility | 32.78 |
| 200 Day M A | 92.5764 |
| 50 Day M A | 108 |
| Code | ITB |
| Updated At | 18th of April 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 Consumer Discretionary ETFs. iShares Home Construction currently have 1.16 B in assets under management (AUM). , while the total return for the last 3 years was 12.9%.
Check IShares Home Probability Of Bankruptcy
Geographic Allocation (%)
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 |
IShares Home Target Price Odds Analysis
What are IShares Home's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of IShares Home jumping above the current price in 90 days from now is about 75.18%. The iShares Home Construction probability density function shows the probability of IShares Home etf to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the etf has a beta coefficient of 1.9201. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, IShares Home will likely underperform. Additionally, iShares Home Construction has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of IShares Home to move above the current price in 90 days from now is about 75.18 (This iShares Home Construction probability density function shows the probability of IShares Etf to fall within a particular range of prices over 90 days) .
IShares Home Top Holders
| BUYW | Main Buywrite ETF | Etf | US Etf |
| 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 |
iShares Home Construction Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. IShares Home market risk premium is the additional return an investor will receive from holding IShares Home long position in a well-diversified portfolio. 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. Although IShares Home's alpha and beta are two of the key measurements used to evaluate IShares Home's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0255 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.01) |
IShares Home Against Markets
Picking the right benchmark for IShares Home etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in IShares Home etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for IShares Home is critical whether you are bullish or bearish towards iShares Home Construction at a given time. Please also check how IShares Home's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in IShares Home without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy IShares Etf?
Before investing in IShares Home, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in IShares Home. To buy IShares Home etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of IShares Home. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase IShares Home etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located iShares Home Construction etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased iShares Home Construction etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as iShares Home Construction, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy IShares Etf please use our How to Invest in IShares Home guide.
Already Invested in iShares Home Construction?
The danger of trading iShares Home Construction is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of IShares Home is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than IShares Home. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile iShares Home Construction is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether iShares Home Construction offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Home's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Home Construction Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Home Construction Etf: 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.