Some Caution is Warranted With Homebuilder ETFs

Markets ETF Trends

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.

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