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ETFs

Hoya Capital Housing ETF

HOMZ
$--
Today’s Change
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Snapshot
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Inception Date
Mar 20 2019
Expense Ratio
0.30%
Type
US Equities
Fund Owner
Hoya Capital
Volume (1m avg. daily)
$117,680
AUM
$32,167,687
Associated Index
Hoya Capital Housing 100 Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

LOW
Lowe`s Cos., Inc.
2.73%
HD
Home Depot, Inc.
2.65%
TPH
Tri Pointe Homes Inc.
2.02%
MTH
Meritage Homes Corp.
1.96%
PHM
PulteGroup Inc
1.88%
NVR
NVR Inc.
1.88%
TMHC
Taylor Morrison Home Corp.
1.86%
TOL
Toll Brothers Inc.
1.86%
LEN
Lennar Corp. - Ordinary Shares - Class A
1.79%
KBH
KB Home
1.75%
Invest with HOMZ

What is HOMZ?

HOMZ seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of 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 Industry. The Index is designed to track the companies with the potential to benefit from rising rents, appreciating home values, and a persistent housing shortage.

ETFs related toHOMZ

ETFs correlated to HOMZ include XHB, PKB, FLQM

HOMZ
ETF Series Solutions Trust - Hoya Capital Housing ETF
XHB
SSgA Active Trust - SPDR Homebuilders ETF
PKB
Invesco Capital Management LLC - Invesco Dynamic Building & Construction ETF
FLQM
Franklin Templeton ETF Trust - Franklin U.S. Mid Cap Multifactor Index ETF
NAIL
Direxion Shares ETF Trust - Direxion Daily Homebuilders & Supplies Bull 3X Shares
EUSA
BlackRock Institutional Trust Company N.A. - iShares MSCI USA Equal Weighted ETF
ITB
BlackRock Institutional Trust Company N.A. - iShares U.S. Home Construction ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
VB
Vanguard Group, Inc. - Vanguard Small Cap ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

HOMZ is a US Equities ETF. HOMZ seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of 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 Industry. The Index is designed to track the companies with the potential to benefit from rising rents, appreciating home values, and a persistent housing shortage.

HOMZ tracks the Hoya Capital Housing 100 Index.

No, HOMZ is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, HOMZ is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HOMZ is -0.0759%. This is the percent change in the value of HOMZ over the most recent 1-month period. The 3-month return on HOMZ is 0.0409%. This is the percent change in the value of HOMZ over the most recent 3-month period.

The standard deviation of HOMZ for the past year is 0.2761%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HOMZ include XLK, XLU, and XLY.

ETFs correlated to HOMZ include XHB, PKB, and FLQM.

ETFs that are inversely correlated to HOMZ include SRTY, TZA, and RWM.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.