Another 10% of the portfolio is dedicated to mortgage financing. And then, another 25% of the holdings are in retail companies such as Tempur-pedic (TPX) and Sherwin-Williams (SHW) and other retailers involved in carpet, furniture and interior design. Mattresses and paint are a far cry from actual real estate, although they can be affected when consumer spending hits a slump, as it has lately.
Either way, it’s a good reminder to always know what you own.
XHB is down 7.1% year-to-date.
Other ETFs hit in the slump include:
- iShares Dow Jones US Home Construction (ITB), down 10.9% year-to-date
- iShares Cohen & Steers Realty Majors (ICF), up 0.3% year-to-date
- DJ Wilshire REIT (RWR), down 1.2% year-to-date
