Exchange traded funds with exposure to residential home construction, including the SPDR S&P Homebuilders ETF (NYSEArca: XHB) and the iShares U.S. Home Construction ETF (NYSEArca: ITB), are struggling this year and some market observers believe those struggles will linger. ITB, which is heavily exposed to homebuilders, is down more than 15% year-to-date. The equal-weight XHB [...] Read more on ETFtrends.com.
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This article was provided by our partner Tom Lydon of etftrends.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.