ITB — iShares U.S. Home Construction ETF
Consumer Discretionary Ranked #429 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 $2.38 billion in assets under management. It holds the lowest possible grade of F, ranking 8th out of 8 peers in its category and 429th of 458 tracked ETFs overall. The fund charges an expense ratio of 0.37%, which sits slightly above the category median of 0.35%. Despite the high cost, it offers a dividend yield of 1.39%, significantly outperforming the category median of 0.84%. The top ten holdings comprise 65.7% of assets, with D.R. Horton, Inc. representing the largest single position at 15.7%.
Price action shows the fund trading at $90.57, which is 25.6% of the way through its 52-week range. Short-term momentum has been positive, with one-week and one-month returns of +4.83% and +2.56% respectively. However, longer-term results remain negative, with one-year and year-to-date returns of -11.57% and -5.98%. This underperformance is notable when compared to the category median one-year return of -3.25%. The fund's F grade has remained unchanged over the last 35 tracked days, and price history is available for only 3.0 years.
The fund exhibits high volatility at 29.92% annualized, accompanied by a beta of 1.54, indicating it moves 154% as much as the market. A maximum drawdown of -33.56% highlights the severity of recent losses, contributing to a negative Sharpe ratio of -0.55. Liquidity is supported by an average daily volume of 2,307,989 shares. These metrics collectively describe a record of significant price swings and poor risk-adjusted returns relative to the market benchmark.
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. |
| DFAT | U.S. Targeted Value Portfolio-ETF Class Shares | 1 | 5.0% | 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 |
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: 4.96% (as of 2026-10-22) — 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): 19.03 (as of 2026-10-22) — 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: 3.75% (as of 2026-09-01) — 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 1.39%. 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: Average daily volume is 2.3M/day. Higher volume and a larger fund generally mean lower round-trip trading costs. AUM of $2.38B 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 | -0.73% |
| 1-Week | +4.83% |
| 1-Month | +2.56% |
| 3-Month | -6.78% |
| 6-Month | -8.06% |
| YTD | -5.98% |
| 1-Year | -11.57% |
| 3-Year | +29.46% |
How ITB Compares to Other Consumer Discretionary ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #381 | D |
XLY | State Street Consumer Discretionary Select Sector SPDR ETF | -3.89% | 0.08% | $21.3B |
| #397 | D |
VCR | Vanguard Consumer Discretionary Index Fund ETF Shares | -2.60% | 0.09% | $6.15B |
| #401 | D |
XRT | State Street SPDR S&P Retail ETF | +4.13% | 0.35% | $435M |
| #404 | D |
FDIS | Fidelity MSCI Consumer Discretionary Index ETF | -2.49% | 0.084% | $1.63B |
| #407 | D |
IYC | iShares US Consumer Discretionary ETF | -3.90% | 0.37% | $1.17B |
| #411 | D |
JETS | U.S. Global Jets ETF | +4.46% | 0.6% | $838M |
| #425 | D |
XHB | State Street SPDR S&P Homebuilders ETF | -7.73% | 0.35% | $1.43B |
| #429 | F |
ITB | iShares U.S. Home Construction ETF | -11.57% | 0.37% | $2.38B |