|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||37.42 - 37.72|
|52 Week Range||30.92 - 39.24|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
Despite the recent fall in Lowe's stock price, LOW has returned 4.2% YTD.
The housing sector is a key part of the U.S. economy. It provides jobs for thousands of construction workers and creates demand for billions of dollars of consumer spending. While it took the housing sector a little longer than normal to recover after the previous recession — because it was one of the primary drivers of the last recession — it has been a stable contributor to the U.S. gross domestic product (GDP) for the past few years.
Two of the most popular U.S. homebuilder ETFs are delivering vastly different results this year. Disparity isn’t that unusual between the two portfolios, but the gap in returns hasn’t been this wide since 2012. The reason is directly tied to portfolio construction.