Some Caution is Warranted With Homebuilder ETFs

The SPDR S&P Homebuilders ETF (NYSEArca: XHB) and the iShares U.S. Home Construction ETF (NYSEArca: ITB), the two largest exchange traded funds focusing on homebuilders and related fare, are up an average of 3% this year. Even with those tepid gains, some traders believe homebuilder equities could be vulnerable to some near-term downside. Mortgage rates… Click to read more at 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.

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.