Hoya Capital Housing ETF (HOMZ)
Hoya Capital Housing ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Washington, DC, US. The stock last traded at $41.69, up 0.57% on the session, giving a market capitalisation of $34.0M. Its beta of 1.10 implies it has historically moved more than the broad market.
This fund is designed to mirror the performance of the U.S. residential housing sector by tracking a systematically constructed index. This index is comprised of 100 distinct companies that collectively reflect the health and activity of the American housing market. To achieve its goal, the fund typically allocates a significant portion – at least 80% of its net assets – to businesses involved in real estate and other housing-centric industries. Its investment approach primarily involves a 'replication' strategy, which entails investing in all the underlying securities of the index in roughly the same proportions.
Hoya Capital Housing ETF is most often compared with the following Financial Services names: