ITB — iShares U.S. Home Construction ETF
Consumer Discretionary Ranked #448 of 458 tracked ETFs · Issued by iShares
ITB Price Performance — Growth of $10,000
Value of a $10,000 investment in ITB over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
ITB Drawdown
The "underwater" chart: ITB's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in ITB?
See what a lump sum in ITB would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The iShares U.S. Home Construction ETF (ITB) is a Consumer Discretionary fund issued by iShares with $2.36 billion in assets under management. It holds an ETFValuer grade of F, reflecting a score of 32.2 out of 100, and ranks last among the eight tracked funds in its category. The fund’s 0.37% expense ratio sits slightly above the category median of 0.35%, while its 0.68% dividend yield trails the median of 0.73%. Concentration is notable, with the top ten holdings comprising 65.7% of assets and D.R. Horton, Inc. representing the largest single position at 15.7%.
ITB’s price of $93.91 places it at 27.8% of its 52-week range, indicating a position closer to the lower end of recent trading activity. The fund has been downgraded from a D to an F rating as of July 29, 2026, a shift that coincides with its poor one-year return of -17.22% compared to the category median of -0.94%. While the three-year return stands at +15.80%, short-term performance shows volatility with a 1-month decline of 4.63% and a 1-week drop of 2.59%. This negative trend contrasts with a modest 1-day gain of 0.31% and a 3-month increase of 1.25%. The available price history spans only 3.0 years, limiting the long-term context for these recent movements.
With a beta of 1.53, the ETF exhibits significant sensitivity to market movements, amplifying overall market fluctuations. This heightened exposure is accompanied by high annualized volatility of 29.27%, which has contributed to a maximum drawdown of -33.35%. The resulting risk-adjusted performance is poor, evidenced by a Sharpe ratio of -0.76. Liquidity remains adequate for trading, supported by an average daily volume of 2,088,266 shares and a bid-ask spread of 0.88%. These metrics collectively describe a fund that has experienced substantial price declines and high variability relative to its peers.
AI-generated summary based on the data on this page.
ITB Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | D.R. HORTON, INC. | 15.70% | $409M |
| 2 | PULTEGROUP, INC. | 9.55% | $249M |
| 3 | LENNAR CORPORATION | 7.12% | $185M |
| 4 | NVR, Inc. | 6.72% | $175M |
| 5 | TOLL BROTHERS, INC. | 5.02% | $131M |
| 6 | BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares | 4.98% | $130M |
| 7 | THE SHERWIN-WILLIAMS COMPANY | 4.53% | $118M |
| 8 | THE HOME DEPOT, INC. | 4.42% | $115M |
| 9 | LOWE'S COMPANIES, INC. | 4.08% | $106M |
| 10 | TOPBUILD CORP. | 3.60% | $94M |
Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 65.7% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how ITB's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With ITB
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with ITB's top 10 — XHB overlaps most, holding 2 of the same companies as ITB's top 10 (14.6% of ITB's assets).
| ETF | Name | Shared Companies | ITB Weight | Examples |
|---|---|---|---|---|
| XHB | State Street SPDR S&P Homebuilders ETF | 2 | 14.6% | PULTEGROUP, INC., TOLL BROTHERS, INC. |
| IJJ | iShares S&P Mid-Cap 400 Value ETF | 1 | 5.0% | TOLL BROTHERS, INC. |
| MDYV | State Street SPDR S&P 400 Mid Cap Value ETF | 1 | 5.0% | TOLL BROTHERS, INC. |
| IEMG | iShares Core MSCI Emerging Markets ETF | 1 | 5.0% | BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares |
| EEM | iShares MSCI Emerging Markets ETF | 1 | 5.0% | BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.77% (as of 2026-09-03) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 14.32 (as of 2026-09-03) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What ITB's Fees Cost You
ITB charges an expense ratio of 0.37% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
ITB Dividend Income Estimator
ITB currently yields 0.68%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
ITB Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 0.88% and average daily volume is 2.1M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $2.36B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: ITB is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
ITB Performance History
| Period | Return |
|---|---|
| 1-Day | +0.31% |
| 1-Week | -2.59% |
| 1-Month | -4.63% |
| 3-Month | +1.25% |
| 6-Month | -4.25% |
| YTD | -3.33% |
| 1-Year | -17.22% |
| 3-Year | +15.80% |
How ITB Compares to Other Consumer Discretionary ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #404 | D |
XLY | State Street Consumer Discretionary Select Sector SPDR ETF | -1.51% | 0.08% | $22.7B |
| #414 | D |
VCR | Vanguard Consumer Discretionary Index Fund ETF Shares | -0.37% | 0.09% | $6.64B |
| #420 | D |
FDIS | Fidelity MSCI Consumer Discretionary Index ETF | -0.26% | 0.084% | $1.69B |
| #422 | D |
IYC | iShares US Consumer Discretionary ETF | -3.83% | 0.37% | $1.19B |
| #427 | D |
JETS | U.S. Global Jets ETF | +11.81% | 0.6% | $765M |
| #432 | D |
XRT | State Street SPDR S&P Retail ETF | +1.52% | 0.35% | $362M |
| #442 | D |
XHB | State Street SPDR S&P Homebuilders ETF | -11.24% | 0.35% | $1.33B |
| #448 | F |
ITB | iShares U.S. Home Construction ETF | -17.22% | 0.37% | $2.36B |