Perhaps retail stores that sell building and construction supplies or manufacturers of items that typically are purchased as part of the home purchase process involving new construction and/or renovation may also have representation and interest to those that trade this sector, as evidenced with holdings in HD and LOW that we see in the two funds for example.
First Trust has a product in this space as well, FLM (First Trust ISE Global Engineering and Construction, Expense Ratio 0.70%) which is considerably smaller than the two aforementioned names, with about
$23 million in AUM, as well as the $122 million PKB (PowerShares Dynamic Building & Construction, Expense Ratio 0.60%) that is present in the space.
SPDR S&P Homebuilders ETF
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].
Street One Financial is an educational/research firm utilizing the Broker Dealer services of Precision Securities, a FINRA registered Broker/Dealer.