|Bid||20.00 x 1000|
|Ask||27.42 x 1000|
|Day's Range||27.29 - 27.79|
|52 Week Range||15.66 - 31.33|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-25.97%|
|Beta (5Y Monthly)||N/A|
|Expense Ratio (net)||0.45%|
Exchange-traded funds with exposure to homebuilders and housing market companies roared higher Tuesday after a surprise gain in sales of newly-constructed homes confirmed sturdy demand even in the face of the coronavirus-induced shutdown. The SPDR S&P Homebuilders ETF was 4% higher at midday, while the iShares U.S. Home Construction ETF jumped 3.6%. The portfolios of both funds are heavy with consumer discretionary stocks like Home Depot Inc. \- it's XHB's biggest holding - in addition to builders like Lennar Corp. . The Hoya Capital Housing ETF , a fund designed to more broadly reflect the residential real estate industry with exposure to REITs like American Homes 4 Rent and brokerages like Redfin Corp. , was 3.9% higher.
Prominent housing stocks put up an impressive show in the recently-reported quarter. The industry players, with solid Zacks Ranks, hold potential despite subdued home sales.
The latest spike in long-term bond yields may be negative for housing ETFs, but gradual adoption of technology in the space could prove to be a shot in the arm.
NORWALK, Conn., Oct. 29, 2019 /PRNewswire/ -- The Hoya Capital Housing ETF – (HOMZ) – was named "Most Successful & Innovative ETF Launch" by ETF Express at the annual 2019 ETF Express USA Awards dinner on October 24, 2019. HOMZ (pronounced Homes) is advised by Hoya Capital Real Estate, a research-focused investment advisor specializing in real estate securities and model portfolio management. Listed on the New York Stock Exchange, HOMZ is a diversified, passively-managed ETF that seeks to track the Hoya Capital Housing 100 Index, a rules-based index designed to track the 100 companies that collectively represent the performance of the US housing sector including home builders, home rental operators, home improvement companies, and home financing, services, and technology firms.
As the exchange-traded funds (ETFs) industry has grown and evolved, so have the number of offerings that can be considered unique, unusual or downright odd.It's safe to say that prosaic, easy to understand ETFs will always be the kings of the castle, but there are plenty of unusual ETFs that investors may want to investigate, too. And just because it's an unusual ETF doesn't mean it's a bad fund.On the other hand, unusual ETFs dedicated to obscure commodities, those that focus on isolated age demographics or those that have such complex methodologies you'd need to be a CFA to understand them probably are not applicable to most investors.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Momentum Stocks to Buy On the Dip Here are some unusual ETFs that are certainly interesting and applicable for use by a wider audience than some of the really oddball stuff out there. Direxion Russell 1000 Value Over Growth ETF (RWVG)Source: Shutterstock Expense ratio: 0.46% per year, or $46 on a $10,000 investment.The Direxion Russell 1000 Value Over Growth ETF (NYSEARCA:RWVG), which debuted in January, is a long/short fund. That on its own doesn't make it an unusual ETF because there are dozens of such products on the market. What makes RWVW (and its stablemates) unique is that its long/short strategy pertains directly to specific investment factors, in this case value and growth.RWVG targets the Russell 1000 Value/Growth 150/50 Net Spread Index. That's a mouthful of an index name, so let's put it is objective in simple terms: RWVG has 150% long component and a 50% short portion to arrive at net long exposure of 100%. Essentially, this unusual ETF is overweight some of the primary tenants of the Russell 1000 Value index, such as financial services, healthcare and energy stocks. Those sectors combine for nearly two-thirds of RWVG's roster.What makes this unusual ETF worth a gander right now, in addition to its concept being relatively straight forward, is that value stocks are finally showing signs of life after a lengthy slumber. It's possible for value and growth stocks to rise in unison, but this time around, many market observers believe value's redemption will come at the expense of growth and that could make RWVG's long/short methodology all the more potent. Global X Internet of Things ETF (SNSR)Source: Shutterstock Expense ratio: 0.68%The Global X Internet of Things ETF (NASDAQ:SNSR) isn't the most unusual ETF on the market, but it focuses on a still nascent investment and does the fit the bill as a thematic fund.Internet of Things, or IoT, "includes the development and manufacturing of semiconductors and sensors, integrated products and solutions, and applications serving smart grids, smart homes, connected cars, and the industrial internet," according to Global X.While SNSR is unique, if not unusual, it puts investors at the forefront of some mega-growth segments and is suitable for a wide variety of market participants. * 7 Tech Stocks You Should Avoid Now "The internet's backbone that allows billions of devices to smoothly connect consists of an extensive infrastructure from networking and equipment makers, including wireless systems, switches, routers, controllers, servers, and other hardware and software systems," according to Global X research. Hoya Capital Housing ETF (HOMZ)Source: Shutterstock Expense ratio: 0.45%Remember what I said earlier, the older the ETF industry gets, the fresher the concepts appear to be. If there was ever a sector that needed some refreshing, it was real estate, long the territory of boring funds. That has changed over the past couple of years thanks to up-and-coming funds such as the Hoya Capital Housing ETF (NYSEARCA:HOMZ).Many real estate ETFs focus on the commercial side of the industry, levering those funds to the decaying brick-and-mortar retail space. HOMZ goes in a different, potentially more lucrative direction by emphasizing residential real estate. That alone makes it an unusual ETF relative to some its stodgy competitors.It's also unusual to find a real estate ETF focusing on the following quartet of themes: 1) Home Ownership and Rental Operations; 2) Home Building and Construction; 3) Home Improvement and Furnishings; and 4) Home Financing, Technology & Services.HOMZ also pays its dividend on a monthly basis, something else that makes it an unusual ETF in the real estate arena and a trait that could make the fund more attractive to income investors. Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (XRLV)Source: Shutterstock Expense ratio: 0.25%As its name implies, the Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF (NYSEARCA:XRLV) has two purposes: to provide reduced volatility and exposure to stocks that are not sensitive to rising interest rates.According to Invesco, XRLV holds the 100 S&P 500 members "that exhibit both low volatility and low interest rate risk. The Underlying Index is designed to include stocks exhibiting low volatility characteristics, after removing stocks that historically have performed poorly in rising interest rate environments."What makes XRLV an unusual ETF isn't its methodology or investment objective. Those parts of the equation are easy to understand. The unusual part here is the ETF's resilience at a time when interest rates are falling and expected to continue doing so. * 10 Recession-Resistant Services Stocks to Buy Confirming the notion that XRLV is responding more to its low volatility objective than the rates dictum, the fund is up nearly 22% year-to-date and currently resides near record highs. Procure Space ETF (UFO)Source: Shutterstock Expense ratio: 0.75%The Procure Space ETF (NYSEARCA:UFO) is another newcomer to the world of unusual ETFs and perhaps the most unique of the bunch mentioned here. UFO, which holds 31 stocks, debuted in April and now has nearly $13 million in assets under management.It may seem an unusual for an ETF to focus on the final frontier, but UFO is at the corner of some compelling trends. Remember, Jeff Bezos and Elon Musk are racing to space, so maybe it's not a far-flung concept for regular investors to get a taste of the action, too. Along, the space robotics market is expected to swell to $3.5 billion by 2025."National organizations such as NASA, CSA, JAXA, etc., are introducing humanoid robots to perform the maintenance, servicing, and transportation operations to gain high efficiency, further developing the space robotics market. The rising trends of autonomous features and AI technology in robotic products will drive rapid industry expansion," according to ReportsGo.UFO appears to be taking off as highlighted by a gain of more than 6% over the past week.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post 5 Unusual ETFs to Wrap Your Head Around appeared first on InvestorPlace.
There was a time when sector exchange-traded funds (ETFs) were widely considered the territory of more sophisticated, tactical investors. But now, thanks in large part to the proliferation of industry and sector ETFs, more advisors and investors are using these products.Yes, sector ETFs still have plenty of applications on a tactical basis. With markets in the midst of another earnings season, short-term traders can tap sector ETFs when a particular group delivers a slew of earnings reports in a condensed time frame, as has been the case with financial services stocks this week.Additionally, investors can tap sector ETFs for longer-term purposes. Say you want to generate income or lower volatility, sector ETFs tracking consumer staples or utilities stocks could make for ideal additions to your portfolio. Likewise, investors wanting to latch onto growth may want to consider positions in dedicated consumer discretionary or technology sector ETFs.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy From This Superstar Fund For investors looking for dedicated sector exposure, here are some industry-specific funds to consider. Fidelity MSCI Communication Services ETF (FCOM)Expense ratio: 0.084% per year, or $8.40 on a $10,000 investment.The communication services sector is a mix of growth stocks, such as Facebook Inc. (NASDAQ:FB) and Alphabet Inc. (NASDAQ:GOOG NASDAQ:GOOGL), and old guard telecommunications stocks. However, sector ETFs such as the Fidelity MSCI Communication Services ETF (NYSEARCA:FCOM) are usually heavily allocated to the group's growth fare.For example, Facebook and the two classes of Alphabet stock combine for over 40% of FCOM's weight. This sector ETF and its rivals are worth considering over the near term for multiple reasons. First, Alphabet and Facebook, for varying reasons, are facing considerable Congressional scrutiny and there are efforts to break these and other tech companies up.Second, more than 60% of the communication services sector reports earnings this week. For long-term investors, FCOM has utility as well, including the fact that Fidelity's sector ETF's are the industry's cheapest. Consumer Discretionary Select Sector SPDR (XLY)Source: Shutterstock Expense ratio: 0.13%The Consumer Discretionary Select Sector SPDR (NYSEARCA:XLY) is the oldest and largest sector ETF dedicated to consumer cyclical stocks and has, over the years, risen to acclaim for being an adequate proxy on shares of Amazon.com (NASDAQ:AMZN). That is an accurate assessment as this sector ETF allocates about 23.5% of its weight to Amazon, more than double its second-largest holding.All three of the Dow Jones Industrial Average's consumer discretionary components -- Home Depot (NYSE:HD), McDonald's (NYSE:MCD) and NIKE (NYSE:NKE) -- reside in XLY and combine for over 22% of the fund's weight. * 7 Stocks to Buy This Summer Earnings Season XLY provides exposure to "retail (specialty, multiline, internet and direct marketing); hotels, restaurants and leisure; textiles, apparel and luxury goods; household durables; automobiles; auto components; distributors; leisure products; and diversified consumer services" companies, according to State Street. Global X MSCI China Consumer Discretionary ETF (CHIQ) Source: Shutterstock Expense ratio: 0.65%Let's stick with consumer cyclical stocks for a moment and let the Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) serve as a reminder that investors do not need to confine their search for the best sector ETFs to domestic offerings. There are plenty of ex-US sector ETFs on the market and one of the better offerings, at least for risk-tolerant investors, is CHIQ."Among the most powerful are those areas tied to the rising impact of China's consumers, who have experienced years of high wage growth, migration into cities, and an expansion of internet connectivity," said Global X in a recent note. "The government has also made consumption a priority as the economy transitions away from export-led industries."Sure, CHIQ can be seen as the XLY of China and, yes, that is a positive trait. Data confirm as much."China's Consumer Discretionary sector is the country's largest by total market cap, yet it is still just half the size of its US counterpart. This is despite the fact that China's population is four times larger than the US's and is experiencing a rapidly growing middle class, suggesting that the sector is still in its early stages of growth," according to Global X. Health Care Select Sector SPDR (XLV)Source: Shutterstock Expense ratio: 0.13%After ranking as the S&P 500's best-performing sector in 2018, the healthcare sector is the worst-performing group in the U.S. this year. Still, the Health Care Select Sector SPDR (NYSEARCA:XLV) is up more than 6% year-to-date despite a political environment that, at times, feels increasingly hostile toward healthcare stocks.Aside from its defensive traits, there are reasons to consider XLV or related sector ETFs, including these funds being home to some big-name stocks that are expected to lead major U.S. equity benchmarks to new highs. Plus, the sector's 2019 lethargy could be a sign value is emerging in the S&P 500's second-largest sector weight. * 5 Dow Jones Stocks to Sell Before the Market Slumps "A closer look shows that the large drugmakers are holding back the health care sector," reports Investor's Business Daily. "Of the 10 worst-performing stocks in the sector and the XLV ETF, seven are diversified pharmaceutical firms or biotechs. These stocks tend to suffer during years of heavy political activity. Already, several Democratic candidates have put drug prices at the forefront of their campaigns." Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS)Source: Shutterstock Expense ratio: 0.40%Most consumer staples funds, and sector ETFs for that matter, are cap-weighted funds, but investors may able to generate higher returns in the right settings by favoring an equal-weight strategy such as the Invesco S&P 500 Equal Weight Consumer Staples ETF (NYSEARCA:RHS). The obvious difference between RHS and a cap-weighted rival is, well, average market value.The average market capitalization of RHS's 33 holdings is $63.8 billion, but the figure swells to $150.8 billion for biggest cap-weighted consumer staples ETF. In the cap-weighted Consumer Staples Select Sector Index, the largest holding is Procter & Gamble (NYSE:PG) at nearly 16% of the benchmark's weight. Conversely, the top holding in RHS commands barely more than 3% of the sector ETF's roster.Although RHS leans toward smaller stocks, it is not significantly more volatile than competing cap-weighted funds. Invesco S&P SmallCap Information Technology ETF (PSCT)Source: Shutterstock Expense ratio: 0.29%For years, investors have been regaled with tales of exponential returns offered by small-cap technology stocks. However, stock picking in this arena is difficult, making the Invesco S&P SmallCap Information Technology ETF (NASDAQ:PSCT) an appealing options for those seeking small-cap tech exposure.PSCT's 87 holdings have an average market value of $1.83 billion, putting this sector fund at the higher end of small-cap territory. As is to be expected, PSCT is a growth-heavy sector with growth stocks accounting for quadruple the weight assigned to the fund's value fare.While PSCT is not excessively valued compared to broader small-cap ETFs, the sector ETF usually is much more volatile than standard small-cap benchmarks, indicating this fund is more appropriate for risk-tolerant investors. That said, PSCT offers compensation for that elevated volatility because it usually outperforms basic small-cap indexes over longer holding periods. Hoya Capital Housing ETF (HOMZ)Expense ratio: 0.45%Real estate is one of the smallest sector weights in the S&P 500, but despite that diminutive status, the group is well-represented in the ETF space. One of the new offerings on that front is the Hoya Capital Housing ETF (NYSEARCA:HOMZ), which focuses on residential real estate and the related equity investment opportunities.HOMZ follows the Hoya Capital Housing 100 Index, an in-house benchmark designed to provide exposure to various elements of the home-buying process, including home builders, home rental operators, home services and technology firms, and home improvement retailers. The fund, which expects to pay a dividend on a monthly basis, is also levered to the rental theme."HOMZ offers exposure to the companies that own more than a million rental units across the United States including apartments, single family rentals, and affordable housing," according to the issuer. * 7 5G Stocks to Connect Your Portfolio To HOMZ is about four months old and is up nearly 9% since inception.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy From This Superstar Fund * 7 Stocks to Buy This Summer Earnings Season * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post 7 Great Sector ETFs to Buy for the Short or Long Term appeared first on InvestorPlace.
The Trump administration's policies of increased tariffs on steel, aluminum and Canadian lumber as well as tougher immigration rules (especially pertaining to Mexico) could hurt homebuilding ETFs.
The housing fund HOMZ hit the market in March. Let's take a look how this new ETF is different from the two longstanding products in the space.